Wells Fargo & Co reissued their hold rating on shares of Science Applications International (NYSE:SAIC) in a report published on Friday morning.

Several other brokerages have also weighed in on SAIC. Drexel Hamilton upgraded Science Applications International from a hold rating to a buy rating and set a $90.00 price objective for the company in a research report on Friday, September 28th. Jefferies Financial Group upgraded Science Applications International from a hold rating to a buy rating and set a $97.00 price objective for the company in a research report on Tuesday, September 25th. ValuEngine cut Science Applications International from a hold rating to a sell rating in a research note on Thursday, November 1st. Finally, Zacks Investment Research cut Science Applications International from a hold rating to a sell rating in a research note on Thursday, November 22nd. One research analyst has rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating to the stock. The company currently has an average rating of Hold and a consensus price target of $82.86.

Shares of Science Applications International stock opened at $65.03 on Friday. The company has a market capitalization of $2.75 billion, a P/E ratio of 18.42, a price-to-earnings-growth ratio of 2.61 and a beta of 1.45. Science Applications International has a fifty-two week low of $58.19 and a fifty-two week high of $93.31. The company has a quick ratio of 1.40, a current ratio of 1.57 and a debt-to-equity ratio of 2.50.

Science Applications International (NYSE:SAIC) last issued its quarterly earnings data on Thursday, December 6th. The information technology services provider reported $1.35 earnings per share for the quarter, topping the consensus estimate of $1.14 by $0.21. The company had revenue of $1.18 billion during the quarter, compared to analyst estimates of $1.16 billion. Science Applications International had a return on equity of 57.96% and a net margin of 4.29%. The firm’s revenue for the quarter was up 2.8% compared to the same quarter last year. During the same period in the prior year, the business posted $0.98 earnings per share. Equities research analysts predict that Science Applications International will post 4.51 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, January 25th. Shareholders of record on Friday, January 11th will be paid a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a yield of 1.91%. The ex-dividend date is Thursday, January 10th. Science Applications International’s dividend payout ratio (DPR) is 35.13%.

A number of large investors have recently added to or reduced their stakes in SAIC. Vanguard Group Inc. raised its stake in shares of Science Applications International by 7.0% in the third quarter. Vanguard Group Inc. now owns 5,404,860 shares of the information technology services provider’s stock valued at $435,631,000 after acquiring an additional 352,533 shares in the last quarter. Vanguard Group Inc raised its stake in Science Applications International by 7.0% in the third quarter. Vanguard Group Inc now owns 5,404,860 shares of the information technology services provider’s stock valued at $435,631,000 after buying an additional 352,533 shares in the last quarter. BlackRock Inc. raised its stake in Science Applications International by 1.7% in the third quarter. BlackRock Inc. now owns 4,723,203 shares of the information technology services provider’s stock valued at $380,690,000 after buying an additional 81,138 shares in the last quarter. FMR LLC raised its stake in Science Applications International by 3.1% in the second quarter. FMR LLC now owns 1,968,833 shares of the information technology services provider’s stock valued at $159,337,000 after buying an additional 58,804 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its stake in Science Applications International by 1.8% in the third quarter. Dimensional Fund Advisors LP now owns 1,010,999 shares of the information technology services provider’s stock valued at $81,485,000 after buying an additional 17,773 shares in the last quarter. Institutional investors own 67.20% of the company’s stock.

About Science Applications International

Science Applications International Corporation provides technical, engineering, and enterprise information technology (IT) services primarily in the United States. Its offerings include engineering; technology and equipment platform integration; maintenance of ground and maritime systems; logistics; training and simulation; operation and program support services; and end-to-end services, such as design, development, integration, deployment, management and operations, sustainment, and security of its customers' IT infrastructure.

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Analyst Recommendations for Science Applications International (NYSE:SAIC)

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