Science Applications International Stock Forecast, Price & News (NYSE:SAIC)

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Earnings results for Science Applications International Stock Forecast, Price & News (NYSE:SAIC)

SCIENCE APPLICATIONS INTERNATIONAL CORPORATION is expected* to report earnings on 09/02/2020 after market close. The report will be for the fiscal Quarter ending Jul 2020. According to Zacks Investment Research, based on 7 analysts’ forecasts, the consensus EPS forecast for the quarter is $1.42. The reported EPS for the same quarter last year was $1.35.

Science Applications International last posted its quarterly earnings results on June 4th, 2020. The information technology services provider reported $1.38 earnings per share for the quarter, missing the consensus estimate of $1.41 by $0.03. The business had revenue of $1.76 billion for the quarter, compared to analysts’ expectations of $1.72 billion. Its quarterly revenue was up 8.8% compared to the same quarter last year. Science Applications International has generated $5.66 earnings per share over the last year and currently has a price-to-earnings ratio of 23.5. Science Applications International has confirmed that its next quarterly earnings report will be published on Wednesday, September 2nd, 2020.

Analyst Opinion on Science Applications International Stock Forecast, Price & News (NYSE:SAIC)

11 Wall Street analysts have issued ratings and price targets for Science Applications International in the last 12 months. Their average twelve-month price target is $100.70, predicting that the stock has a possible upside of 21.62%. The high price target for SAIC is $115.00 and the low price target for SAIC is $94.00. There are currently 11 buy ratings for the stock, resulting in a consensus rating of “Buy.”

Science Applications International has received a consensus rating of Buy. The company’s average rating score is 3.00, and is based on 11 buy ratings, no hold ratings, and no sell ratings. According to analysts’ consensus price target of $100.70, Science Applications International has a forecasted upside of 21.6% from its current price of $82.80. Science Applications International has received no research coverage in the past 90 days.

Dividend Strength: Science Applications International Stock Forecast, Price & News (NYSE:SAIC)

Science Applications International pays a meaningful dividend of 1.77%, higher than the bottom 25% of all stocks that pay dividends. Science Applications International has only been increasing its dividend for 1 years. The dividend payout ratio of Science Applications International is 26.15%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Science Applications International will have a dividend payout ratio of 20.70% next year. This indicates that Science Applications International will be able to sustain or increase its dividend.

Insiders buying/selling: Science Applications International Stock Forecast, Price & News (NYSE:SAIC)

In the past three months, Science Applications International insiders have bought more of their company’s stock than they have sold. Specifically, they have bought $101,210.00 in company stock and sold $0.00 in company stock. Only 0.86% of the stock of Science Applications International is held by insiders. 75.93% of the stock of Science Applications International is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of Science Applications International Stock Forecast, Price & News (NYSE:SAIC

Earnings for Science Applications International are expected to grow by 18.38% in the coming year, from $6.04 to $7.15 per share. The P/E ratio of Science Applications International is 23.46, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 19.32. The P/E ratio of Science Applications International is 23.46, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 64.46. Science Applications International has a P/B Ratio of 3.35. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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