Science Applications International Corp (SAIC) Stock: Evaluating the Market Performance

The price-to-earnings ratio for Science Applications International Corp (NASDAQ: SAIC) is 23.95x, which is above its average ratio. Moreover, the 36-month beta value for SAIC is 0.69. Analysts have varying opinions on the stock, with 3 analysts rating it as a “buy,” 2 as “overweight,” 3 as “hold,” and 0 as “sell.”

The public float for SAIC is 49.03M and currently, short sellers hold a 1.39% of that float. On November 14, 2024, SAIC’s average trading volume was 262.65K shares.

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SAIC) stock’s latest price update

Science Applications International Corp (NASDAQ: SAIC)’s stock price has gone decline by -10.26 in comparison to its previous close of 148.01, however, the company has experienced a -10.82% decrease in its stock price over the last five trading days. zacks.com reported 2024-11-14 that Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

SAIC’s Market Performance

Science Applications International Corp (SAIC) has experienced a -10.82% fall in stock performance for the past week, with a -9.76% drop in the past month, and a 6.21% rise in the past quarter. The volatility ratio for the week is 2.29%, and the volatility levels for the past 30 days are at 1.90% for SAIC. The simple moving average for the past 20 days is -9.40% for SAIC’s stock, with a 1.15% simple moving average for the past 200 days.

Analysts’ Opinion of SAIC

Many brokerage firms have already submitted their reports for SAIC stocks, with JP Morgan repeating the rating for SAIC by listing it as a “Overweight.” The predicted price for SAIC in the upcoming period, according to JP Morgan is $170 based on the research report published on October 02, 2024 of the current year 2024.

JP Morgan, on the other hand, stated in their research note that they expect to see SAIC reach a price target of $142, previously predicting the price at $130. The rating they have provided for SAIC stocks is “Neutral” according to the report published on December 05th, 2023.

Morgan Stanley gave a rating of “Equal-Weight” to SAIC, setting the target price at $114 in the report published on January 03rd of the previous year.

SAIC Trading at -6.73% from the 50-Day Moving Average

After a stumble in the market that brought SAIC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -15.04% of loss for the given period.

Volatility was left at 1.90%, however, over the last 30 days, the volatility rate increased by 2.29%, as shares sank -9.23% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.94% lower at present.

During the last 5 trading sessions, SAIC fell by -10.02%, which changed the moving average for the period of 200-days by +4.97% in comparison to the 20-day moving average, which settled at $146.67. In addition, Science Applications International Corp saw 6.84% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at SAIC starting from Supplee Barbara, who purchase 150 shares at the price of $137.38 back on Sep 27 ’24. After this action, Supplee Barbara now owns 3,154 shares of Science Applications International Corp, valued at $20,607 using the latest closing price.

O’Hara Michelle A., the EVP, CHRO of Science Applications International Corp, purchase 1,000 shares at $118.00 during a trade that took place back on Jul 12 ’24, which means that O’Hara Michelle A. is holding 33,497 shares at $118,000 based on the most recent closing price.

Stock Fundamentals for SAIC

Current profitability levels for the company are sitting at:

  • 0.07 for the present operating margin
  • 0.12 for the gross margin

The net margin for Science Applications International Corp stands at 0.04. The total capital return value is set at 0.12. Equity return is now at value 16.72, with 5.31 for asset returns.

Based on Science Applications International Corp (SAIC), the company’s capital structure generated 0.57 points at debt to capital in total, while cash flow to debt ratio is standing at 0.18. The debt to equity ratio resting at 1.33. The interest coverage ratio of the stock is 4.09.

Currently, EBITDA for the company is 882.0 million with net debt to EBITDA at 4.8. When we switch over and look at the enterprise to sales, we see a ratio of 1.2. The receivables turnover for the company is 7.71for trailing twelve months and the total asset turnover is 1.39. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.85.

Conclusion

To wrap up, the performance of Science Applications International Corp (SAIC) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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