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SAIC $142.97

SAIC target price
142.97
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0
Science Applications International Corporation
Type
Public
Traded as NYSE: SAIC
S&P 400 Component
Industry information technology and engineering
Founded 1969 (original company)
2013 (as a spin-off of Leidos, formerly SAIC)
Headquarters Reston, Fairfax, Virginia, United States
Area served
worldwide
Key people
Edward Sanderson, Jr. (Chairman)
Anthony J. Moraco (Chief Executive Officer)
Revenue US$ 4.5 billion (annual)
Number of employees
15,000
Website www.saic.com
Footnotes / references

Science Applications International Corporation (SAIC) is an American company headquartered in Reston, Virginia that provides government services and information technology support. The original SAIC was created in 1969 by J. Robert Beyster. Then on September 27, 2013, it spun off a $4 billion unit which retained its name, while the parent company changed its name to Leidos. Following the split, Anthony J. Moraco was appointed CEO of SAIC, and John P. Jumper was appointed CEO of Leidos. The primary motivation for the spinoff was the conflicts of interest provisions in the Federal Acquisition Regulations which prevented the company from bidding on some new contracts because of existing contracts.

On May 4, 2015, SAIC acquired Scitor Holdings, Inc. for $790 million to expand their presence in the intelligence industry through classified contracts, cleared personnel, and a robust security infrastructure. Scitor was previously owned by Leonard Green & Partners, L.P., a private equity firm.

SAIC has adopted a matrix operating model in which different service lines collaborate to serve a given contract.

Deborah Lee James, president of SAIC's technology and engineering sector, was sworn in as Secretary of the Air Force on December 20, 2013 after being appointed by President Barack Obama.


Q reports

Period Date Adjusted Actuals EPS GAAP EPS
Q3 2022 2022-12-05 Future report Set alerts
Q2 2022 2022-09-01 1.75 1.75
Q1 2022 2022-06-06 1.88 1.88
Q4 2021 2022-03-28 1.50 1.50
Q3 2021 2021-12-06 1.85 1.85
Q2 2021 2021-09-02 1.97 1.97
Q1 2021 2021-06-03 1.94 1.94
Q4 2020 2021-03-25 1.67 1.67
Q2 2020 2020-09-02 1.63 0.87
Q1 2020 2020-06-04 1.38 0.62

Ratings

2016-06-29 Reiterated Rating Citigroup Inc. Buy
2016-06-16 Reiterated Rating Drexel Hamilton Buy $55.00 to $63.00
2016-06-15 Boost Price Target Jefferies Group Buy $61.00 to $68.00
2016-06-14 Boost Price Target Citigroup Inc. Buy $64.00 to $67.00
2016-06-13 Downgrade BB&T Corp. Buy to Hold
2016-06-13 Downgrade Wells Fargo Outperform to Market Perform
2016-06-13 Reiterated Rating SunTrust Buy
2016-06-13 Reiterated Rating SunTrust Banks Inc. Buy
2016-06-13 Downgrade Wells Fargo & Co. Outperform to Market Perform
2016-06-08 Reiterated Rating Citigroup Inc. Buy $60.00 to $64.00
2016-01-20 Initiated Coverage Jefferies Group Buy $57.00
2016-01-07 Upgrade Wells Fargo Market Perform to Outperform
2015-12-10 Initiated Coverage SunTrust Buy $58.00
2015-12-07 Boost Price Target Jefferies Group Hold $46.00 to $50.00
2015-09-02 Upgrade Citigroup Inc. Neutral to Buy $55.00
2015-08-31 Lower Price Target Jefferies Group Hold $52.00 to $50.00
2015-07-28 Initiated Coverage BB&T Corp. Buy $63.00
2015-06-10 Lower Price Target Citigroup Inc. Neutral $57.00 to $55.00
2015-04-01 Boost Price Target Citigroup Inc. Neutral $53.00 to $57.00
2014-12-17 Initiated Coverage Drexel Hamilton Buy
2014-12-16 Initiated Coverage Drexel Hamilton Buy $57.00
2014-12-12 Initiated Coverage Citigroup Inc. Neutral $53.00
2014-10-14 Initiated Coverage Sanford C. Bernstein Outperform
2014-09-12 Reiterated Rating Jefferies Group Hold $41.00 to $44.00
2014-07-08 Initiated Coverage Stifel Nicolaus Hold
2014-06-11 Reiterated Rating JPMorgan Chase & Co. Overweight $41.00 to $47.00
2014-04-09 Upgrade Wells Fargo & Co. Underperform to Market Perform $24.00 to $26.00
2014-04-09 Upgrade Wells Fargo Underperform to Market Perform $24.00 to $26.00
2013-10-17 Initiated Coverage Jefferies Group Hold $37.00
2013-10-16 Initiated Coverage Jefferies Group Hold $37.00
2013-10-04 Initiated Coverage Wells Fargo & Co. Underperform
2013-10-04 Initiated Coverage Wells Fargo Underperform
2013-10-01 Initiated Coverage JPMorgan Chase & Co. Overweight $37.00
2016-06-29 Reiterated Rating Citigroup Inc. Buy
2016-06-16 Reiterated Rating Drexel Hamilton Buy $55.00 to $63.00
2016-06-15 Boost Price Target Jefferies Group Buy $61.00 to $68.00
2016-06-14 Boost Price Target Citigroup Inc. Buy $64.00 to $67.00
2016-06-13 Downgrade BB&T Corp. Buy to Hold

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks
Moraco Anthony J Chief Executive Officer 0.29%  (138112) SAIC /
James Deborah L Sector President 0.14%  (66840) SAIC / TXT / UIS /
Hartley John Robert Chief Financial officer 0.10%  (46594) SAIC /
BAYBROOK THOMAS G Chief of Admin and Operations 0.08%  (39428) SAIC /
KEENE NAZZIC S Sector President 0.06%  (28151) SAIC /
WAGONER DOUGLAS MARTIN Sector President 0.05%  (23055) SAIC /
CORDOVA FRANCE A 0.04%  (20681) EIX / SAIC /
SANDERSON EDWARD J JR 0.04%  (19512) SAIC /
HAMRE JOHN J 0.04%  (18817) LDOS / SAIC / XLS / XYL /
Wheeler Karen A. EVP, CHRO 0.03%  (15974) SAIC /
Mathis Charles Alexander Executive VP and CFO 0.02%  (10954) SAIC / SCSC /
MOREA DONNA S 0.02%  (9685) SAIC / STI /
SHANE STEVEN R 0.02%  (9685) SAIC /
MAHON STEVEN G EVP General Counsel, Secretary 0.02%  (8622) MTSC / SAIC /
Admire Kimberly S. Chief Human Resources Officer 0.02%  (7840) SAIC /
Dunie Deborah B. 0.01%  (6364) LNT / SAIC /
Mayopoulos Timothy J 0.01%  (5420) LC / SAIC /
FRIST THOMAS F III 0.01%  (4717) HCA / SAIC / VRSN /
Schultz Mark D Exec VP and General Counsel 0.01%  (3484) SAIC /
BEDINGFIELD ROBERT A 0.01%  (2694) SAIC /