Science Applications International Corporation (NYSE:SAIC) went up by 2.89% during the previous trading session, and it is maintaining the win ahead of Monday’s trading session. The share price of the Information Technology Services giant went up by $77.31 to trade ended Monday trading at $75.14. This is up from the $75.14 price recorded on Friday’s trading session. Thanks to this latest performance, SAIC is closer to the higher price 52-week target of $115.00 and further from the lowest price target of $94.00. Its performance from the start of the year has also been negative, with SAIC down by -11.16% year-to-date.
Science Applications International Corporation (SAIC) started the day trading at $75.56 and recorded an intraday high of $77.35. It also recorded an intraday low of $74.88 during Monday’s trading session. Science Applications International Corporation is a very active stock that recorded a trading volume that is less than -14.73% of the average daily trading volume on Monday. The stock’s trading volume on Monday was 696225, which is less than -14.73 of the total average daily trading volume of 798.77K.
Science Applications International Corporation (NYSE:SAIC) 2020 Performance Impressive
The increase in SAIC’s stock price on Monday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of SAIC currently stands at $96.80, which is higher than the current trading price of the stock by 20.13%. However, SAIC’s current trading price is -70.1% lower than the 52-week low price of $45.45. In terms of trading volume, Science Applications International Corporation currently experienced healthy participation during the last trading session. 696225 shares of Science Applications International Corporation were traded on the stock exchange on Monday, which is less than -14.73% of the 798.77K average trading volume of the stock.
The performance of the stock has been positive over the past year. SAIC’s performance over the past one year has seen it plunge by -10.69%, while the stock has gone down by -12.42% in the last six months. The quarterly performance of SAIC currently stands at 5.17%, and it is down by -12.19% in the last month. The only negative figure was from the weekly performance, which currently reads -3.96%. At the time of writing SAIC’s report, the company has a total market cap of $4.51B, making it one of the largest publicly-traded companies in the world.Science Applications International Corporation also has over 24000 employees all over the world.
SAIC Insider Activities
For Science Applications International Corporation, insiders hold 78.50% of all company shares. The insider transactions over the past six months are up by 57.40%. During that period, insiders bought 153,035 shares in 33 transactions. In that same period, insiders sold 27,705 of their shares in 29 transactions. After these transactions, insiders at Science Applications International Corporation now hold 424.27k shares, which is over 80.29% of the total company stocks. Institutional investors currently hold a large chunk of the SAIC shares, as they control 0.73% of the company’s total stock.
SAIC Fundamental Analysis
For Science Applications International Corporation, the stock’s diluted earnings per share (EPS) stands at 3.53. In the coming year, analysts expect the EPS to be 7.34. The EPS growth will up over the next five years to 15.20% after surging by 5.70% in the previous five years. In terms of revenue, Science Applications International Corporation’s quarterly sales (YOY) is growing at 1.46, which is lower than the average annual revenue of 5.70% over the past half a decade.
The Return on Investment (ROI) on Science Applications International Corporation’s stock currently stands at 9.40%, and it has a net profit margin of 3.20%. The operating margin of the company is 5.40%, and its gross margin is 10.90%.
SAIC Analysts Prediction
In April 20, 2020, several analysts reiterated their positions on the Science Applications International Corporation stock and predicted its performance to their investors. The analysts at Goldman believe SAIC is still a Buy and set the price target between $85 and $97.
SAIC received a positive rating from Cowen, which set a price target of $92-$102 for the stock. Three analysts, JP Morgan, Barclays, and Morgan Stanley, all rate the stock as overweight.
At the moment, Science Applications International Corporation’s Total Debt to Equity ratio stands at 2.07, and they have a long-term Debt to Equity ratio of 2.01.
SAIC Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of SAIC currently stands at -8.26%, while the SMA50 is -7.67%. The biggest one is the SMA200, which is currently reading -7.08% ahead of Monday’s trading session. The Relative Strength Index of this stock is 38.81, while its price to earnings ratio (P/E) is 21.88.