Science Applications International Likely to Report Lower Fourth-Quarter Earnings; Here are the recent changes in forecasts from Wall Street's most accurate analysts: Science Applications Intl (NASDAQ:SAIC)

Science Applications International Likely to Report Lower Fourth-Quarter Earnings; Here are the recent changes in forecasts from Wall Street's most accurate analysts: Science Applications Intl (NASDAQ:SAIC)

International Corporation for Scientific Applications SAIC It is expected to release its fourth quarter earnings results, before the opening bell on March 18, 2024.

Analysts expect the Reston, Virginia-based company to report quarterly earnings of $1.46 per share, up from $2.04 per share in the year-earlier period. SAIC is projected to report quarterly revenue of $1.64 billion, compared to $1.97 billion in the prior-year quarter, according to data from Benzinga Pro.

SAIC's board of directors recently declared a cash dividend of 37 cents per share of the company's common stock payable on April 26, 2024 to shareholders of record on April 12, 2024.

SAIC shares fell 0.4% to close at $142.64 on Friday.

Benzinga readers can access the latest analyst ratings in the Analyst Stock Ratings page. Readers can sort by stock price, company name, analyst firm, rating change, or other variables.

Let's take a look at how Benzinga's most accurate Analysts have rated the company. in the recent period.

  • Truistic values Analyst Tobey Sommer maintained a Hold rating and raised the price target from $115 to $130 on December 5, 2023. This analyst has a 75% accuracy rate.
  • J.Morgan Analyst Seth Seifman downgraded the stock from Overweight to Neutral and increased the price target from $130 to $142 on December 5, 2023. This analyst has an accuracy rate of 84%.
  • Wells Fargo Analyst Sarah Akers maintained an Equal Weight rating and increased the price target from $116 to $141 on December 5, 2023. This analyst has a 66% accuracy rate.
  • Stifel Analyst Bert Subin reiterated a Hold rating with a price target of $115 on October 2, 2023. This analyst has a 60% accuracy rate.
  • citi group Analyst Jason Gursky maintained a Buy rating and lowered the price target from $141 to $127 on April 4, 2023. This analyst has a 72% accuracy rate.

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