Vertical Research Initiates Coverage On Science Applications International Corp to Hold

Vertical Research Initiates Coverage On Science Applications International Corp(SAIC). The shares have been rated Hold. The rating by the stock financial advisor at Vertical Research was issued on Mar 17, 2017 in a research report to their Investors and Clients.

In a different note, Seaport Global said it Initiates Coverage On Science Applications International Corp, according to a research note issued on Feb 16, 2017. In the research note, the firm Announces the price-target to $93 per share. The shares have been rated ‘Buy’ by the firm.

Science Applications International Corp (SAIC) made into the market gainers list on Wednesdays trading session with the shares advancing 1.07% or 0.91 points. Due to strong positive momentum, the stock ended at $86.33, which is also near the day’s high of $86.37. The stock began the session at $85.55 and the volume stood at 2,21,943 shares. The 52-week high of the shares is $89.87 and the 52 week low is $46.2. The company has a current market capitalization of $3,788 M and it has 4,38,80,956 shares in outstanding.

Science Applications International Corp(SAIC) last announced its earnings results on Sep 8, 2016 for Fiscal Year 2017 and Q2.Company reported revenue of $1.09B. Analysts had an estimated revenue of $1.11B. Earnings per share were $0.85. Analysts had estimated an EPS of $0.79.

Several Insider Transactions has been reported to the SEC. On Feb 16, 2017, Nazzic S Keene (Sector President) sold 21,429 shares at $86.36 per share price.Also, On Dec 29, 2016, Edward J Jr Sanderson (director) sold 3,600 shares at $84.61 per share price.On Sep 27, 2016, Maria M. Bishop (Interim CFO) sold 2,160 shares at $69.65 per share price, according to the Form-4 filing with the securities and exchange commission.

Science Applications International Corporation (SAIC) is a technology integrator. The Company provides life cycle services and solutions in the technical engineering intelligence and enterprise information technology (IT) markets. It provides services to the United States Government including the Department of Defense (DoD) and federal civilian agencies. It provides systems engineering and integration services for projects and offers services with an emphasis on differentiated technology services. SAIC offers products to four branches of the United States military; United States Defense Logistics Agency; National Aeronautics and Space Administration; United States Department of State and United States Department of Homeland Security. SAIC’s offerings include engineering and maintenance of ground and maritime systems logistics training and simulation and services spanning the design development integration deployment management and operations sustainment and security.

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