Equities research analysts expect Science Applications International Corp (NYSE:SAIC) to announce earnings of $1.43 per share for the current quarter, according to Zacks. Six analysts have made estimates for Science Applications International’s earnings. The lowest EPS estimate is $1.32 and the highest is $1.49. Science Applications International posted earnings per share of $1.35 during the same quarter last year, which would suggest a positive year-over-year growth rate of 5.9%. The company is scheduled to announce its next earnings report after the market closes on Thursday, December 5th.

On average, analysts expect that Science Applications International will report full-year earnings of $5.45 per share for the current financial year, with EPS estimates ranging from $5.33 to $5.55. For the next financial year, analysts anticipate that the firm will report earnings of $6.20 per share, with EPS estimates ranging from $5.93 to $6.42. Zacks Investment Research’s EPS calculations are an average based on a survey of research firms that that provide coverage for Science Applications International.

Science Applications International (NYSE:SAIC) last announced its quarterly earnings data on Thursday, September 5th. The information technology services provider reported $1.35 EPS for the quarter, topping the Zacks’ consensus estimate of $1.27 by $0.08. Science Applications International had a return on equity of 23.15% and a net margin of 2.71%. The company had revenue of $1.59 billion during the quarter, compared to the consensus estimate of $1.63 billion. During the same quarter last year, the company earned $1.13 EPS. The company’s quarterly revenue was up 43.0% on a year-over-year basis.

A number of brokerages have commented on SAIC. JPMorgan Chase & Co. began coverage on Science Applications International in a research report on Tuesday, September 24th. They issued an “overweight” rating and a $102.00 price objective for the company. ValuEngine downgraded Science Applications International from a “sell” rating to a “strong sell” rating in a research report on Friday, October 25th. Cowen upgraded Science Applications International from a “market perform” rating to an “outperform” rating and raised their price objective for the stock from $92.00 to $102.00 in a research report on Monday, September 9th. Finally, Barclays began coverage on Science Applications International in a research report on Friday, September 20th. They issued an “overweight” rating and a $105.00 price objective for the company. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and nine have issued a buy rating to the company. The stock has an average rating of “Buy” and an average target price of $98.50.

Shares of SAIC stock traded up $1.18 during mid-day trading on Friday, reaching $83.68. The stock had a trading volume of 198,905 shares, compared to its average volume of 422,044. The firm’s 50 day simple moving average is $82.63 and its 200 day simple moving average is $83.11. The company has a quick ratio of 1.06, a current ratio of 1.17 and a debt-to-equity ratio of 1.40. Science Applications International has a one year low of $58.19 and a one year high of $92.49. The firm has a market cap of $4.77 billion, a PE ratio of 16.60, a P/E/G ratio of 2.76 and a beta of 1.31.

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 25th. Shareholders of record on Friday, October 11th were given a $0.37 dividend. The ex-dividend date of this dividend was Thursday, October 10th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.77%. Science Applications International’s dividend payout ratio is currently 29.37%.

In related news, Director John J. Hamre sold 10,000 shares of the firm’s stock in a transaction that occurred on Friday, September 27th. The stock was sold at an average price of $86.43, for a total transaction of $864,300.00. Following the completion of the transaction, the director now owns 21,121 shares in the company, valued at approximately $1,825,488.03. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 1.64% of the stock is owned by company insiders.

Several institutional investors have recently bought and sold shares of the stock. BlackRock Inc. lifted its position in shares of Science Applications International by 7.8% during the 2nd quarter. BlackRock Inc. now owns 6,213,830 shares of the information technology services provider’s stock worth $537,868,000 after buying an additional 447,661 shares during the period. Boston Partners lifted its position in shares of Science Applications International by 111.1% during the 2nd quarter. Boston Partners now owns 2,605,620 shares of the information technology services provider’s stock worth $225,565,000 after buying an additional 1,371,022 shares during the period. Northern Trust Corp lifted its position in shares of Science Applications International by 1.3% during the 2nd quarter. Northern Trust Corp now owns 833,725 shares of the information technology services provider’s stock worth $72,167,000 after buying an additional 10,388 shares during the period. Point72 Asset Management L.P. lifted its position in shares of Science Applications International by 4,190.5% during the 2nd quarter. Point72 Asset Management L.P. now owns 592,094 shares of the information technology services provider’s stock worth $51,252,000 after buying an additional 578,294 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its position in shares of Science Applications International by 4.2% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 484,263 shares of the information technology services provider’s stock worth $41,918,000 after buying an additional 19,459 shares during the period. Institutional investors and hedge funds own 78.91% of the company’s stock.

About Science Applications International

Science Applications International Corp. engages in the provision of full life cycle services and solutions in the technical, engineering, intelligence, and enterprise information technology markets. It offers 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 the design, development, integration, deployment, management and operations, and sustainment and security of its customer’s information technology infrastructure.

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