Science Applications International Corp (SAIC) Getting Somewhat Positive Media Coverage, Analysis Finds
Media coverage about Science Applications International Corp (NYSE:SAIC) has trended somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies negative and positive news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Science Applications International Corp earned a news impact score of 0.13 on Accern’s scale. Accern also gave media headlines about the information technology services provider an impact score of 45.8644197275232 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Several equities analysts recently commented on SAIC shares. Jefferies Group LLC lowered shares of Science Applications International Corp from a “buy” rating to a “hold” rating in a report on Monday, July 17th. Cowen and Company reaffirmed a “hold” rating and set a $75.00 target price on shares of Science Applications International Corp in a report on Monday, May 15th. BidaskClub lowered shares of Science Applications International Corp from a “buy” rating to a “hold” rating in a report on Wednesday, July 19th. ValuEngine lowered shares of Science Applications International Corp from a “buy” rating to a “hold” rating in a report on Tuesday, June 13th. Finally, Zacks Investment Research lowered shares of Science Applications International Corp from a “buy” rating to a “hold” rating in a report on Thursday, June 8th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and two have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $81.63.
Shares of Science Applications International Corp (NYSE SAIC) opened at 74.42 on Monday. The firm has a 50-day moving average of $71.02 and a 200-day moving average of $75.76. Science Applications International Corp has a one year low of $63.99 and a one year high of $89.87. The company has a market cap of $3.25 billion, a price-to-earnings ratio of 20.72 and a beta of 1.63.
Science Applications International Corp (NYSE:SAIC) last posted its quarterly earnings data on Monday, June 12th. The information technology services provider reported $1.08 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.04 by $0.04. Science Applications International Corp had a net margin of 4.44% and a return on equity of 56.97%. The business had revenue of $1.10 billion for the quarter, compared to analysts’ expectations of $1.12 billion. During the same quarter in the previous year, the business posted $0.80 earnings per share. The business’s revenue was down 9.2% compared to the same quarter last year. Equities research analysts forecast that Science Applications International Corp will post $3.79 EPS for the current fiscal year.
In other news, insider Douglas Martin Wagoner sold 30,072 shares of the company’s stock in a transaction dated Tuesday, June 27th. The shares were sold at an average price of $68.95, for a total value of $2,073,464.40. Following the transaction, the insider now directly owns 8,859 shares in the company, valued at $610,828.05. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Over the last 90 days, insiders sold 44,472 shares of company stock worth $3,119,732. Company insiders own 2.28% of the company’s stock.
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Science Applications International Corp Company Profile
Science Applications International Corporation (SAIC) is a provider of technical, engineering and enterprise information technology (IT) services. The Company provides its services primarily to the United States Government, including the Department of Defense (DoD), the intelligence community and federal civilian agencies.
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