For its third fiscal quarter (ending October 31), Science Applications Internation (NYSE: SAIC) has reported a 23% increase in E.P.S. from $1.45 a year ago to $1.79 in the current quarter. For the latest four quarters through October 31, E.P.S. were $9.55 compared to $4.82 a year ago — an increase of 98%.
Recent Price Action
On 12/4/23, Science Applications Internation (NYSE: SAIC) stock enjoyed a major increase of 13.4%, closing at $136.00. Moreover, trading volume in this advance was exceptionally high at 526% of normal. The stock has risen 16.6% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
SAIC is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Science Applications Internation has a current Value Trend Rating of C (Neutral). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Science Applications Internation has a slightly negative Appreciation Score of 31 but a good Power Rating of 77, resulting in the Neutral Value Trend Rating.
Rating Review
In light of this new information and very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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