For its second fiscal quarter (ending July 31), Science Applications Internation (NASDAQ: SAIC) has reported a -65% decline in E.P.S. from $4.60 a year ago to $1.59 in the current quarter. For the latest four quarters through July 31, E.P.S. were $5.62 versus $9.21 for the same period a year ago — a decline of -39%.
Recent Price Action
On 9/5/24, Science Applications Internation (NASDAQ: SAIC) stock enjoyed a large increase of 4.7%, closing at $135.28. Moreover, trading volume in this advance was exceptionally high at 209% of normal. The stock has been weak relative to the market over the last nine months but has risen 5.2% 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 D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Science Applications Internation has a neutral Power Rating of 41 but a poor Appreciation Score of 24, and the Negative Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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