Nucor earnings beat by $0.08, revenue fell short of estimates
RESTON, Va.—Graham Garth, a director at Science Applications (NASDAQ:SAIC) International Corp (NYSE:SAIC), purchased 215 shares of the company’s common stock on April 14, 2025. The shares were acquired at a price of $116.751 each, totaling approximately $25,101. Following this transaction, Garth holds a total of 7,159 shares in the company. This insider purchase aligns with broader management confidence, as InvestingPro data shows management has been actively buying back shares, while maintaining dividend payments for 13 consecutive years.
Science Applications International Corp, headquartered in Reston, Virginia, is a prominent player in the field of computer integrated systems design. With a market capitalization of $5.6 billion and annual revenue of $7.5 billion, the company continues to attract attention with its strategic moves and executive stock activities. According to InvestingPro analysis, the stock appears undervalued, and five analysts have recently revised their earnings expectations upward for the upcoming period. Discover more insights and 8 additional ProTips with an InvestingPro subscription.
In other recent news, Science Applications International Corp (SAIC) reported impressive fourth-quarter earnings for fiscal year 2025, surpassing analyst expectations. The company achieved an earnings per share (EPS) of $2.57, beating the forecast of $2.08, and revenue reached $1.84 billion, exceeding the anticipated $1.81 billion. This strong performance was accompanied by a positive revenue guidance for fiscal year 2026, with projections ranging from $7.6 billion to $7.75 billion. UBS raised its price target for SAIC to $126, reflecting a modestly improved outlook, although it maintained a neutral rating due to ongoing uncertainties in contract conversions and pipeline growth.
Cantor Fitzgerald also maintained a neutral stance on SAIC, citing potential challenges such as slower growth in government budgets and risks associated with transitioning contract types. Despite these challenges, the firm noted that SAIC continues to trade at a discount compared to its peers. Additionally, SAIC has communicated a cautiously optimistic outlook, indicating a more stable customer environment and the potential for mid-single-digit organic growth in fiscal year 2027. The company has highlighted its focus on innovation, particularly in biometric and digital engineering technologies, as key drivers for its ongoing growth strategy.
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