For its fourth fiscal quarter (ending January 31), Science Applications Internation (NASDAQ: SAIC) has reported E.P.S. of $0.75 compared to $1.36 a year ago. For the latest four quarters through January 31, E.P.S. were $8.98 versus $5.42 for the same period a year ago.
Recent Price Action
Science Applications Internation (NASDAQ: SAIC) stock suffered a large decline of -10.0% on 3/18/24. The stock closed at $128.40. Moreover, exceptionally high trading volume at 591% of normal accompanied the decline. The stock has been exceptionally strong relative to the market over the last nine months but has declined -9.3% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, SAIC is expected to continue to be a major Value Builder.
Science Applications Internation has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Science Applications Internation has a poor Appreciation Score of 27 but a good Power Rating of 74, with the Neutral Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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