Science Applications International (NYSE:SAIC) released its quarterly earnings results on Thursday. The information technology services provider reported $1.35 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.27 by $0.08, Briefing.com reports. Science Applications International had a return on equity of 25.89% and a net margin of 2.80%. The business had revenue of $1.59 billion during the quarter, compared to analysts’ expectations of $1.63 billion. During the same quarter in the prior year, the business earned $1.13 earnings per share. The company’s quarterly revenue was up 43.0% compared to the same quarter last year.
Shares of NYSE SAIC traded down $7.16 during midday trading on Friday, hitting $83.29. The stock had a trading volume of 452,157 shares, compared to its average volume of 289,183. The company has a market capitalization of $5.29 billion, a price-to-earnings ratio of 16.52, a PEG ratio of 2.96 and a beta of 1.35. The company has a quick ratio of 1.18, a current ratio of 1.30 and a debt-to-equity ratio of 1.29. Science Applications International has a 1-year low of $58.19 and a 1-year high of $92.49. The company has a fifty day moving average price of $84.81 and a 200 day moving average price of $79.89.
In other news, CEO Anthony J. Moraco sold 14,000 shares of Science Applications International stock in a transaction that occurred on Wednesday, June 12th. The stock was sold at an average price of $85.65, for a total value of $1,199,100.00. Following the completion of the transaction, the chief executive officer now owns 65,798 shares in the company, valued at approximately $5,635,598.70. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Anthony J. Moraco sold 12,694 shares of Science Applications International stock in a transaction that occurred on Friday, June 14th. The stock was sold at an average price of $85.87, for a total value of $1,090,033.78. Following the completion of the transaction, the chief executive officer now owns 47,661 shares of the company’s stock, valued at approximately $4,092,650.07. The disclosure for this sale can be found here. Company insiders own 1.64% of the company’s stock.
Science Applications International Company Profile
Science Applications International Corp. engages in the provision of full life cycle services and solutions in the technical, engineering, intelligence, and enterprise information technology markets. It offers technology and equipment platform integration; maintenance of ground and maritime systems; logistics; training and simulation; operation and program support services; and end-to-end services such as the design, development, integration, deployment, management and operations, and sustainment and security of its customer’s information technology infrastructure.
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