Science Applications International (NYSE:SAIC – Get Free Report) updated its FY25 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of $8.50-$8.65 for the period, compared to the consensus estimate of $8.19. The company issued revenue guidance of $7.425-$7.475 billion, compared to the consensus revenue estimate of $7.40 billion. Science Applications International also updated its FY 2025 guidance to 8.500-8.650 EPS.
Analyst Ratings Changes
A number of research firms recently issued reports on SAIC. Citigroup upped their target price on Science Applications International from $160.00 to $176.00 and gave the company a “buy” rating in a research note on Thursday, October 10th. JPMorgan Chase & Co. cut their price target on Science Applications International from $170.00 to $148.00 and set an “overweight” rating for the company in a report on Friday. Wells Fargo & Company boosted their price target on Science Applications International from $147.00 to $154.00 and gave the company an “overweight” rating in a report on Thursday. UBS Group assumed coverage on Science Applications International in a report on Monday, December 2nd. They issued a “neutral” rating and a $134.00 price target for the company. Finally, StockNews.com downgraded Science Applications International from a “strong-buy” rating to a “buy” rating in a report on Tuesday, October 22nd. One analyst has rated the stock with a sell rating, three have given a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $145.25.
Read Our Latest Report on SAIC
Science Applications International Trading Down 2.3 %
Science Applications International (NYSE:SAIC – Get Free Report) last released its quarterly earnings data on Thursday, September 5th. The information technology services provider reported $2.05 EPS for the quarter, topping analysts’ consensus estimates of $1.86 by $0.19. The business had revenue of $1.82 billion during the quarter, compared to the consensus estimate of $1.80 billion. Science Applications International had a return on equity of 22.88% and a net margin of 3.97%. The business’s revenue for the quarter was up 2.0% on a year-over-year basis. During the same period in the prior year, the firm posted $2.05 EPS. On average, equities research analysts expect that Science Applications International will post 8.57 EPS for the current year.
Science Applications International Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, January 24th. Investors of record on Friday, January 10th will be issued a $0.37 dividend. The ex-dividend date of this dividend is Friday, January 10th. This represents a $1.48 annualized dividend and a yield of 1.25%. Science Applications International’s dividend payout ratio is currently 24.96%.
Science Applications International Company Profile
Science Applications International Corporation provides technical, engineering, and enterprise information technology (IT) services primarily in the United States. The company's offerings include IT modernization; digital engineering; artificial intelligence; Weapon systems support design, build, modify, integrate, and sustain weapon systems; and end-to-end services, such as design, development, integration, deployment, management and operations, sustainment, and security of its customers' IT infrastructure, as well as training and simulation and ground vehicles support which integrates, modify, upgrades, and sustains ground vehicles for nation's armed forces.
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