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

October 13, 2017 - By Migdalia James

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

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 dropped, as 113 funds started new or increased stock positions, while 122 cut down and sold stock positions in Science Applications International Corp. The funds in our partner’s database now possess: 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 EPS 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 insider buys, and 1 insider 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. Drexel Hamilton upgraded the stock to “Buy” rating in Friday, November 11 report. As per Friday, September 9, the company rating was downgraded by Drexel Hamilton. Wells Fargo upgraded the shares of SAIC in report on Thursday, January 7 to “Outperform” rating. The stock of Science Applications International Corp (NYSE:SAIC) has “Buy” rating given on Tuesday, June 14 by Citigroup. On Monday, June 13 the stock rating was downgraded by BB&T Capital to “Hold”. The stock of Science Applications International Corp (NYSE:SAIC) has “Hold” rating given on Friday, August 18 by Jefferies. Jefferies maintained Science Applications International Corp (NYSE:SAIC) rating on Wednesday, September 20. Jefferies has “Hold” rating and $66.0 target. Jefferies maintained Science Applications International Corp (NYSE:SAIC) on Friday, July 14 with “Buy” rating. As per Thursday, February 16, the company rating was initiated by Seaport Global Securities. Suntrust Robinson initiated the stock with “Buy” rating in Thursday, December 10 report.

More important recent Science Applications International Corp (NYSE:SAIC) news were published by: Zacks.com which released: “Science Applications & Partners to Build Combat Vehicle Model” on October 10, 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: Streetinsider.com and their article: “Science Applications Int’l (SAIC) Secures $43M Task Order from USDA Farm …” with publication date: October 12, 2017.

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