Somewhat Positive Media Coverage Somewhat Unlikely to Impact Science Applications International Corporation (SAIC) Stock Price
Media headlines about Science Applications International Corporation (NYSE:SAIC) have trended somewhat positive recently, according to Accern Sentiment. The research firm identifies negative and positive press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Science Applications International Corporation earned a coverage optimism score of 0.16 on Accern’s scale. Accern also gave press coverage about the information technology services provider an impact score of 45.9015374213016 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
These are some of the media headlines that may have impacted Accern Sentiment Analysis’s rankings:
- Science Applications International : SAIC) Analysts See $0.85 EPS (4-traders.com)
- SCIENCE APPLICATIONS INTERNATIONAL CORPORATION (SAIC) & Its Peers Head to Head Analysis (americanbankingnews.com)
- Feds reveal winners of one of its biggest IT contracts, worth up to $50B – Washington Business Journal (bizjournals.com)
- J. Robert Beyster – Xconomy (xconomy.com)
- R9B Awarded Subcontract Supporting United States Cyber Command (USCYBERCOM) (finance.yahoo.com)
Shares of Science Applications International Corporation (SAIC) traded up $1.64 during trading hours on Tuesday, hitting $71.74. 408,227 shares of the company were exchanged, compared to its average volume of 318,983. The company has a current ratio of 1.41, a quick ratio of 1.23 and a debt-to-equity ratio of 3.10. Science Applications International Corporation has a 1 year low of $60.21 and a 1 year high of $89.87. The company has a market cap of $3,100.00, a P/E ratio of 18.79, a price-to-earnings-growth ratio of 3.88 and a beta of 1.63.
Science Applications International Corporation (NYSE:SAIC) last announced its quarterly earnings results on Thursday, September 7th. The information technology services provider reported $0.89 EPS for the quarter, missing the Zacks’ consensus estimate of $0.91 by ($0.02). Science Applications International Corporation had a net margin of 3.77% and a return on equity of 48.69%. The business had revenue of $1.08 billion during the quarter, compared to the consensus estimate of $1.08 billion. During the same period in the previous year, the business posted $0.85 EPS. The firm’s revenue was down 1.6% on a year-over-year basis. equities research analysts predict that Science Applications International Corporation will post 3.55 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which was paid on Friday, October 27th. Shareholders of record on Friday, October 13th were paid a $0.31 dividend. This represents a $1.24 annualized dividend and a yield of 1.73%. The ex-dividend date was Thursday, October 12th. Science Applications International Corporation’s payout ratio is currently 34.54%.
Several research analysts have commented on the stock. Zacks Investment Research downgraded shares of Science Applications International Corporation from a “hold” rating to a “sell” rating in a report on Wednesday, August 16th. Seaport Global Securities reissued a “buy” rating and set a $80.00 price objective (down previously from $83.00) on shares of Science Applications International Corporation in a report on Friday, September 8th. Citigroup Inc. raised shares of Science Applications International Corporation from a “neutral” rating to a “buy” rating in a report on Monday, October 23rd. Jefferies Group LLC reaffirmed a “hold” rating and issued a $66.00 price target on shares of Science Applications International Corporation in a report on Tuesday, October 24th. Finally, Cowen and Company reaffirmed a “market perform” rating and issued a $72.00 price target (down previously from $75.00) on shares of Science Applications International Corporation in a report on Thursday, October 5th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and four have issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $80.71.
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In other Science Applications International Corporation news, COO Nazzic S. Keene sold 18,772 shares of the firm’s stock in a transaction dated Friday, October 13th. The shares were sold at an average price of $68.85, for a total value of $1,292,452.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 2.94% of the stock is owned by company insiders.
About Science Applications International Corporation
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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