SAIC
Science Applications International Corporation (NASDAQ: SAIC) surged nearly 9% after reporting...
Article Summary
BUY- Science Applications International Corporation (NASDAQ: SAIC) surged nearly 9% after reporting stronger-than-expected first-quarter results and raising its profit outlook for the full fiscal year.
- The defense technology and services provider delivered earnings and revenue ahead of analyst forecasts supported by improved contract profitability, healthy cash generation, and continued capital returns to shareholders.
- Science Applications International reported adjusted earnings per share of $3.23, comfortably exceeding Wall Street consensus estimate of $2.28, with revenue rising to $1.91 billion ahead of expectations of $ 1.82 billion.
- Adjusted EBITDA margin expanded significantly to 11.6% during the quarter, compared with 8.4% a year earlier, driven by stronger profitability across Science Applications International's contract base and a $12 million gain from the sale of an investment.
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Growth Stock Scoring Breakdown
| METRIC | VALUE | WEIGHT | ANALYSIS |
|---|---|---|---|
| Sales Growth TTM ? | -2.9% | 25% | 0.0 ptsDeclining (-2.9%) - NOT a growth stock |
| EPS Growth Next 5Y ? | 2.4% | 25% | 10.0 ptsVery Weak (2.4%) - Minimal expectations |
| Target Price Upside ? | 11.3% above | 20% | 0.0 ptsAbove Target (11.3% above) - Target: $108.30 vs Current: $122.05 |
| Gross Margin % ? | 11.5% | 15% | 20.0 ptsThin (11.5%) - Low-margin business |
| Drawdown from 52-Wk High ? | 0.8% | 15% | 20.0 ptsBarely a Dip (0.8%) - Near recent highs |
Disclaimer: This rating is for informational purposes only and is not financial advice.
All data sourced from Finviz.
Always conduct your own research and consult with a financial advisor before making investment decisions.
Past performance does not guarantee future results.
About SAIC
- Science Applications International Corporation provides technical, engineering, and mission and enterprise information technology (IT) services in the United States.
- It operates through two segments, Defense and Intelligence; and Civilian.
- The company offers IT modernization services for defense, intelligence, and civilian agencies; digital engineering services; artificial intelligence (AI) solutions; mission systems support and advisory; training and simulation; and ground vehicle support services for the nation's armed forces.
- It also provides services for the design, development, integration, deployment, management and operations, sustainability, and security of IT infrastructure; mission IT solutions comprising CJADC2, data and AI, digital transformation, and quantum technologies; enterprise IT solutions consisting of service management, cloud, cybersecurity, and digital workplace; engineering services, including system integration and delivery services; and professional services, such as program management.
- The company serves military forces, including the Army, Air Force, Navy, Marines, Coast Guard, and Space Force; agencies of the Department of War, National Aeronautics and Space Administration, U.S.
- Department of State, Department of Justice, and Department of Homeland Security; and members of the Intelligence Community, as well as civilian markets, such as federal, state, and local governments.
- The company was formerly known as SAIC Gemini, Inc. and changed its name to Science Applications International Corporation in September 2013.
- Science Applications International Corporation was founded in 1969 and is headquartered in Reston, Virginia.