Science Applications Internation (NASDAQ: SAIC) has reported E.P.S. of $1.49 for its first fiscal quarter (ending April 30) versus $1.80 for the same period a year ago. For the latest four quarters through April 30, E.P.S. were $8.63 versus $5.92 for the same period a year ago.
Recent Price Action
On 6/3/24, Science Applications Internation (NASDAQ: SAIC) stock suffered a major decline of -11.8%, closing at $118.81. Moreover, trading volume in this decline was exceptionally high at 470% of normal. The stock has been strong relative to the market over the last nine months but has declined -13.1% during the last week.
Current PriceTarget Research Rating
SAIC is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Science Applications Internation has a current Value Trend Rating of C (Low Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Science Applications Internation has a poor Appreciation Score of 22 but a good Power Rating of 73, with the Low Neutral Value Trend Rating the result.
Rating Review
In light of this new information and highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
Be the first to comment