|Bid||80.00 x 800|
|Ask||83.91 x 900|
|Day's Range||83.03 - 84.40|
|52 Week Range||58.19 - 92.49|
|Beta (3Y Monthly)||0.95|
|PE Ratio (TTM)||29.09|
|Earnings Date||Dec 4, 2019 - Dec 9, 2019|
|Forward Dividend & Yield||1.48 (1.77%)|
|1y Target Est||97.20|
The Department of Commerce awarded Science Applications International Corp. (SAIC) a systems integration contract supporting the U.S. Patent and Trademark Office. “This new award is an important step toward stabilizing and securing critical IT systems for the U.S. Patent and Trademark Office. Leveraging SAIC’s proven application modernization and cloud migration solutions, the company will provide IT modernization services to stabilize the portfolio of critical U.S. Patent and Trademark Office IT systems and prevent any disruption to service.
The indefinite-delivery/indefinite-quantity calls for the Reston-based contractor to provide “a variety of Federal Supply Group 80 items,” to the Army, Navy, Air Force and Marine Corps.
Science Applications International Corp. (NYSE: SAIC) executives warned Wednesday that some effects of a possible continuing resolution in the federal budget process, coupled with a yet-to-be-determined contract award, could manifest some revenue headwinds in the back half of fiscal 2020. “Although a few customers have expressed concerns around facing a potential continuing resolution to start the government fiscal year, for now, proposal activity remains strong,” said SAIC CEO Nazzic Keene on the company’s earnings call. SAIC, on Thursday, posted $1.59 billion in revenue for its second quarter, 43% above the prior year, but coming short of analyst projections of $1.64 billion.
Excluding revenue gained by a major acquisition last year, Science Applications' revenue came up flat with the year-earlier quarter.
SAIC (SAIC) delivered earnings and revenue surprises of 6.30% and -2.79%, respectively, for the quarter ended July 2019. Do the numbers hold clues to what lies ahead for the stock?
Science Applications' (SAIC) second-quarter fiscal 2020 results are likely to gain from new business wins and the Engility acquisition.
Today we'll look at Science Applications International Corporation (NYSE:SAIC) and reflect on its potential as an...
Until Corvid's new $29 million headquarters opens, the company's 240 employees are crowded five or six employees in the space meant for a single employee.
Joining the board are Carol Goode and Yvette Kanouff. Goode will serve on the Human Resources and Compensation Committee and the Nominating and Corporate Governance Committee. Kanouff will serve on the Audit Committee and the Risk Oversight Committee.
SAIC (SAIC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Science Applications International Corp. (SAIC) today announced its board of directors has appointed Michelle A. O’Hara as the company’s chief human resources officer effective October 1, 2019. O’Hara brings more than 20 years of HR leadership experience, and succeeds Karen Wheeler, who is retiring from SAIC. As a member of SAIC’s executive leadership team, O’Hara will report directly to CEO Nazzic Keene.
Science Applications International Corp. (SAIC) was awarded $812 million in contracts to support various U.S. government national security and intelligence activities during late July. SAIC will provide services and solutions to customers with requirements for highly-specialized technical and operational expertise in technology integration, engineering, and IT modernization. “SAIC is offering industry-leading, innovative services and solutions to customers, and these awards reflect the value SAIC is bringing to the community and the trust customers have in SAIC,” said Michael LaRouche, executive vice president and general manager of SAIC’s National Security Customer Group.
Cree's (CREE) robust product portfolio remains a key catalyst. Also, its cost cutting measures and recovery in utilization rates acts as a tailwind.
Sabre's (SABR) renewal of partnership with Croatia Airlines reflects its continued efforts to enhance the highly profitable Airlines Solutions segment.
Akamai (AKAM) has a strong balance sheet, which will help it in capitalizing on investment opportunities and pursuing strategic acquisitions, further improving growth prospects.
Science Applications International Corp. (SAIC) won a $14 million contract with Naval Information Warfare Center Pacific supporting the U.S. Marine Corps Forces Cyberspace Command to provide full spectrum cyberspace support. “We are proud to continue our partnership with and help ensure our Marines have the latest capabilities in cyberspace operations,” said Jim Scanlon, executive vice president and general manager of SAIC’s Defense Systems Group. On this contract, SAIC will provide support to Marine Corps Forces Cyberspace Command and their subordinate commands providing Operational Planning and Cyber Operational Analysis support.