Science Applications International Corp (NYSE:SAIC) 2017 Q2 Sentiment

October 13, 2017 - By Vivian Park

 Science Applications International Corp (NYSE:SAIC)  2017 Q2 Sentiment

Sentiment for Science Applications International Corp (NYSE:SAIC)

Science Applications International Corp (NYSE:SAIC) institutional sentiment decreased to 0.93 in Q2 2017. Its down -0.07, from 1 in 2017Q1. The ratio has dropped, as 113 funds opened new or increased stock positions, while 122 trimmed and sold equity positions in Science Applications International Corp. The funds in our partner’s database reported: 27.36 million shares, down from 29.23 million shares in 2017Q1. Also, the number of funds holding Science Applications International Corp in their top 10 stock positions was flat from 0 to 0 for the same number . Sold All: 37 Reduced: 85 Increased: 77 New Position: 36.

Science Applications International Corporation is a well-known provider of technical, engineering and enterprise information technology (IT) services. The company has market cap of $2.98 billion. The Firm provides its services primarily to the United States Government, including the Department of Defense (DoD), the intelligence community and federal civilian agencies. It has a 19.19 P/E ratio. The Firm provides engineering, systems integration and information technology offerings for government projects, and offers a range of services with a targeted emphasis on higher-end, differentiated technology services.

The stock decreased 0.36% or $0.25 on October 13, reaching $68.95. About 278,955 shares traded. Science Applications International Corp (NYSE:SAIC) has risen 37.99% since October 13, 2016 and is uptrending. It has outperformed by 21.29% the S&P500.

Wall Street await Science Applications International Corp (NYSE:SAIC) to release earnings on December, 14. Analysts forecast earnings per share of $0.86, down exactly $0.05 or 5.49 % from 2014’s $0.91 EPS. The expected SAIC’s profit could reach $37.17 million giving the stock 20.04 P/E in the case that $0.86 earnings per share is reported. After posting $0.89 EPS for the previous quarter, Science Applications International Corp’s analysts now forecast -3.37 % negative EPS growth.

Knightsbridge Asset Management Llc holds 1.26% of its portfolio in Science Applications International Corp for 23,795 shares. Huber Capital Management Llc owns 335,015 shares or 1.19% of their US portfolio. Moreover, Hennessy Advisors Inc has 1.03% invested in the company for 483,556 shares. The Connecticut-based Prospector Partners Llc has invested 0.91% in the stock. Ami Asset Management Corp, a California-based fund reported 138,685 shares.#img1#

Since January 1, 0001, it had 0 buys, and 1 sale for $692,105 activity.

Science Applications International Corp (NYSE:SAIC) Ratings Coverage

Ratings analysis reveals 50% of Science Applications International’s analysts are positive. Out of 10 Wall Street analysts rating Science Applications International, 5 give it “Buy”, 0 “Sell” rating, while 5 recommend “Hold”. The lowest target is $50 while the high is $9800. The stock’s average target of $73.57 is 6.70% above today’s ($68.95) share price. SAIC was included in 24 notes of analysts from July 28, 2015. The stock of Science Applications International Corp (NYSE:SAIC) earned “Buy” rating by Seaport Global Securities on Thursday, February 16. The firm earned “Buy” rating on Tuesday, June 14 by Citigroup. The stock of Science Applications International Corp (NYSE:SAIC) earned “Neutral” rating by Citigroup on Tuesday, November 29. As per Wednesday, June 8, the company rating was maintained by Citigroup. The rating was initiated by SunTrust on Thursday, December 10 with “Buy”. The stock has “Buy” rating by Jefferies on Friday, July 14. The firm has “Hold” rating given on Wednesday, September 20 by Jefferies. As per Wednesday, September 2, the company rating was upgraded by Citigroup. Jefferies initiated the stock with “Buy” rating in Wednesday, January 20 report. The company was downgraded on Friday, September 9 by Drexel Hamilton.

More important recent Science Applications International Corp (NYSE:SAIC) news were published by: Streetinsider.com which released: “Science Applications Int’l (SAIC) Secures $43M Task Order from USDA Farm …” on October 12, 2017, also Nasdaq.com published article titled: “Ex-Dividend Reminder: Science Applications International, Jacobs Engineering …”, Streetinsider.com published: “Science Applications Int’l (SAIC) Secures $250M USDA Contract” on September 26, 2017. More interesting news about Science Applications International Corp (NYSE:SAIC) was released by: Zacks.com and their article: “Science Applications & Partners to Build Combat Vehicle Model” with publication date: October 10, 2017.

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