Latest news with #SAIC
Forbes
14 hours ago
- Business
- Forbes
How Will SAIC Stock React To Its Upcoming Earnings?
CANADA - 2025/03/05: In this photo illustration, the Saic (Science Applications International ... More Corporation) logo is seen displayed on a smartphone screen. (Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images) Science Applications International (NASDAQ:SAIC), a technology and engineering firm that mainly provides services to the U.S. government, is set to announce its earnings on Monday, June 2, 2025. For traders driven by events, historical data indicates a tendency for a favorable one-day return in the stock after its earnings release. In the past five years, SAIC's stock has seen a positive one-day return in 63% of cases following earnings announcements. The median positive one-day return was 3.7%, with a maximum ability to yield a one-day return of 13.4%. While actual results compared to consensus estimates and overall expectations will be critical, being aware of these historical trends may provide an advantage for traders. There are two main strategies to utilize this information: Analysts estimate SAIC will report earnings of $2.12 per share on revenue of $1.87 billion. This is compared to the earnings of $1.92 per share on sales of $1.85 billion from the same quarter last year. From a fundamental standpoint, SAIC currently holds a market capitalization of $5.6 billion. In the past twelve months, the firm generated $7.5 billion in revenue, with operating profits of $561 million and net income of $362 million. That said, if you're looking for potential gains with reduced volatility compared to individual stocks, the Trefis High Quality portfolio offers an alternative, having outperformed the S&P 500 and achieving returns of over 91% since its launch. See earnings reaction history of all stocks Here are some insights regarding one-day (1D) post-earnings returns: Further data regarding the observed 5-Day (5D) and 21-Day (21D) returns post-earnings are compiled along with the respective statistics in the table below. SAIC 1D, 5D, and 21D Post Earnings Return A relatively lower-risk strategy (though it may not be useful if the correlation is minimal) is to comprehend the correlation between short-term and medium-term returns post earnings, pinpoint a pair that shows the strongest correlation, and execute the correct trade. For instance, if 1D and 5D demonstrate the highest correlation, a trader can position themselves "long" for the following 5 days if the 1D post-earnings return is favorable. Here is some correlation information based on the 5-year and more recent 3-year history. Note that the 1D_5D correlation refers to the relationship between 1D post-earnings returns and the subsequent 5D returns. SAIC Correlation Between 1D, 5D and 21D Historical Returns Discover more about Trefis RV strategy that has outperformed its all-cap stocks benchmark (which combines all 3 — the S&P 500, S&P mid-cap, and Russell 2000), delivering robust returns for investors. Separately, if you're looking for potential gains with a steadier experience than an individual stock like Science Applications International, consider the High Quality portfolio, which has outperformed the S&P and achieved returns exceeding 91% since its inception.
Business Times
a day ago
- Automotive
- Business Times
MG ZS Hybrid+ review: Hybrid hitman
[Shanghai] Some cars are just cars, but the MG ZS Hybrid+ was born to be an assassin. Its specific target, to hear MG's engineers and product planners tell it, is the Toyota Yaris Cross Hybrid. That ought to worry the Japanese (not to mention, those who sell their cars). The small sport utility vehicle (SUV) with big sales is a showcase of what Toyota excels at, namely fuel efficiency, user-friendliness and fuss-free ownership. The fact that it's in the crosshairs of MG's parent, SAIC, is a clear sign that China's car giants are looking beyond glitzy electric vehicles (EVs) now, and are coming for Japan's hybrid heartland next. Fittingly, the ZS itself will go from being a pure EV offering in Singapore to a hybrid one when the new version arrives in the fourth quarter of the year. Its 1.5-litre petrol-electric setup is good for a gutsy 215 horsepower in other markets, but the interesting thing is that the MG can apparently run on electric power alone all the way up to 87 kmh. Nevertheless, MG is looking at how to detune the powertrain to let the car qualify for the cheaper Category A Certificate of Entitlement here. That means lopping off at least 40 per cent of its power output, which might not sound like much fun, but without it the ZS Hybrid+ would be dead on arrival. In any case, the MG's main selling point seems to be space. At 4.43 metres long, the ZS Hybrid+ is still a compact car, but it's a whole 25 centimetres longer than its Japanese foe. As a result, rear legroom is generous for the class, and the rear doors swing open wide enough that you can heave a child seat on board without dislocating a shoulder. A NEWSLETTER FOR YOU Friday, 2 pm Lifestyle Our picks of the latest dining, travel and leisure options to treat yourself. Sign Up Sign Up I didn't have a baby stroller handy when I test drove the car at MG's private proving grounds, but to me the boot looked big enough to swallow one, maybe even two (strollers, I mean, not babies). Officially, the ZS Hybrid+ offers 443 litres of cargo space with the rear seats up, expanding to a generous 1,457 litres when folded flat. Either way, there's plenty of room for luggage and groceries, in a class not known for cars with big boots. In a similar vein, MG's designers say there are 30 storage areas inside, so your kids will have no shortage of places to stash half-eaten boxes of Hello Panda biscuits. The cabin itself shows a bit of flair, with angular lines, a gear lever that looks like it was lifted from an airplane's cockpit and a crisp digital driver display screen. They suggest that MG is trying to catch the eye of younger buyers with the ZS, so I'm clearly not the target buyer. My favourite feature is the air-con vents, which are mounted nice and high, where they can actually do some good. I didn't get to play much with the 12.3-inch touchscreen, and one reason for that is that a row of physical switches lets you get by without jabbing at the screen like a fiend. The other reason is that I simply didn't spend much time behind the wheel. My test drive took place on a fenced-off patch of tarmac with enough room to show off the hybrid system's peppiness, but no real way to assess the ZS' handling (unless you count swerving around the stray dogs who wandered into the area). I also have no idea how the MG's suspension fares on real-world roads, how quiet the car is on the highway or whether the hybrid system is as fuel-efficient or smooth as Toyota's. But if first impressions count for anything, the ZS Hybrid+ is a promising car with a strong focus on the day-to-day practicality that buyers really look for in the small SUV segment. Priced competitively, this would-be assassin could have killer appeal. MG ZS Hybrid+ (as tested) Engine 1,495 cc, 16V, in-line four Electric motor 136 hp, 250 Nm Engine power 102 hp Engine torque 128 Nm System power 215 hp System torque 465 Nm Gearbox 3-speed auto Top speed 170 kmh (estimated) 0-100 kmh 8.7 seconds Fuel efficiency 4.7 L/100 km Price To be announced Agent Eurokars EV Available Now
Yahoo
2 days ago
- Business
- Yahoo
SAIC Board of Directors Declares Cash Dividend
RESTON, Va., May 30, 2025 (GLOBE NEWSWIRE) -- Science Applications International Corp. (NASDAQ: SAIC) announced today that the company's board of directors declared a cash dividend of $0.37 per share of the company's common stock payable on July 25, 2025 to stockholders of record on July 11, 2025. SAIC intends to continue paying dividends on a quarterly basis, although the declaration of any future dividends will be determined by the board of directors each quarter and will depend on earnings, financial condition, capital requirements and other factors. About SAIC SAIC® is a premier Fortune 500 mission integrator focused on advancing the power of technology and innovation to serve and protect our world. Our robust portfolio of offerings across the defense, space, civilian and intelligence markets includes secure high-end solutions in mission IT, enterprise IT, engineering services and professional services. We integrate emerging technology, rapidly and securely, into mission critical operations that modernize and enable critical national imperatives. We are approximately 24,000 strong; driven by mission, united by purpose, and inspired by opportunities. Headquartered in Reston, Virginia, SAIC has annual revenues of approximately $7.5 billion. For more information, visit For ongoing news, please visit our newsroom. Media Contact: Kara Rosspublicrelations@ Forward-Looking Statements Certain statements in this release contain or are based on 'forward-looking' information within the meaning of the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by words such as 'expects,' 'intends,' 'plans,' 'anticipates,' 'believes,' 'estimates,' 'guidance,' and similar words or phrases. Forward-looking statements in this release may include, among others, estimates of future revenues, operating income, earnings, earnings per share, charges, total contract value, backlog, outstanding shares and cash flows, as well as statements about future dividends, share repurchases and other capital deployment plans. Such statements are not guarantees of future performance and involve risk, uncertainties and assumptions, and actual results may differ materially from the guidance and other forward-looking statements made in this release as a result of various factors. Risks, uncertainties and assumptions that could cause or contribute to these material differences include those discussed in the 'Risk Factors,' 'Management's Discussion and Analysis of Financial Condition and Results of Operations' and 'Legal Proceedings' sections of our Annual Report on Form 10-K, as updated in any subsequent Quarterly Reports on Form 10-Q and other filings with the SEC, which may be viewed or obtained through the Investor Relations section of our website at or on the SEC's website at Due to such risks, uncertainties and assumptions you are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof. SAIC expressly disclaims any duty to update any forward-looking statement provided in this release to reflect subsequent events, actual results or changes in SAIC's expectations. SAIC also disclaims any duty to comment upon or correct information that may be contained in reports published by investment analysts or in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
2 days ago
- Business
- Yahoo
Leidos (NYSE:LDOS) Q1 Earnings: Leading The Defense Contractors Pack
Quarterly earnings results are a good time to check in on a company's progress, especially compared to its peers in the same sector. Today we are looking at Leidos (NYSE:LDOS) and the best and worst performers in the defense contractors industry. Defense contractors typically require technical expertise and government clearance. Companies in this sector can also enjoy long-term contracts with government bodies, leading to more predictable revenues. Combined, these factors create high barriers to entry and can lead to limited competition. Lately, geopolitical tensions–whether it be Russia's invasion of Ukraine or China's aggression towards Taiwan–highlight the need for defense spending. On the other hand, demand for these products can ebb and flow with defense budgets and even who is president, as different administrations can have vastly different ideas of how to allocate federal funds. The 13 defense contractors stocks we track reported a strong Q1. As a group, revenues beat analysts' consensus estimates by 1.6% while next quarter's revenue guidance was in line. In light of this news, share prices of the companies have held steady as they are up 1.5% on average since the latest earnings results. Formed through the split of IT services company SAIC, Leidos (NYSE:LDOS) offers technology and engineering solutions such as military training systems for the defense, civil, and health markets. Leidos reported revenues of $4.25 billion, up 6.8% year on year. This print exceeded analysts' expectations by 3.6%. Overall, it was a very strong quarter for the company with an impressive beat of analysts' backlog and EBITDA estimates. "Our robust first quarter results build on the momentum from 2024, demonstrating the team's ability to execute in a dynamic environment that demands agility and innovation," said Leidos Chief Executive Officer Tom Bell. The market was likely pricing in the results, and the stock is flat since reporting. It currently trades at $147.50. Is now the time to buy Leidos? Access our full analysis of the earnings results here, it's free. Founded to commercialize SIMSCRIPT, CACI International (NYSE:CACI) offers defense, intelligence, and IT solutions to support national security and government transformation efforts. CACI reported revenues of $2.17 billion, up 11.8% year on year, outperforming analysts' expectations by 1.5%. The business had a very strong quarter with an impressive beat of analysts' backlog and EBITDA estimates. However, the results were likely priced into the stock as it's traded sideways since reporting. Shares currently sit at $425.21. Is now the time to buy CACI? Access our full analysis of the earnings results here, it's free. Responsible for the development of the first stealth bomber, Northrop Grumman (NYSE:NOC) specializes in providing aerospace, defense, and security solutions for various industry applications. Northrop Grumman reported revenues of $9.47 billion, down 6.6% year on year, falling short of analysts' expectations by 4.7%. It was a disappointing quarter as it posted full-year EPS guidance missing analysts' expectations. Northrop Grumman delivered the weakest performance against analyst estimates and slowest revenue growth in the group. As expected, the stock is down 9.9% since the results and currently trades at $478.25. Read our full analysis of Northrop Grumman's results here. Developing submarine detection systems for the U.S. Navy, Leonardo DRS (NASDAQ:DRS) is a provider of defense systems, electronics, and military support services. Leonardo DRS reported revenues of $799 million, up 16.1% year on year. This number beat analysts' expectations by 9.2%. It was a very strong quarter as it also produced a solid beat of analysts' adjusted operating income estimates and an impressive beat of analysts' EPS estimates. Leonardo DRS delivered the biggest analyst estimates beat and fastest revenue growth among its peers. The stock is up 12.8% since reporting and currently trades at $41.68. Read our full, actionable report on Leonardo DRS here, it's free. Established with a commitment to supporting national security, Kratos (NASDAQ:KTOS) is a provider of advanced engineering, technology, and security solutions tailored for critical national security applications. Kratos reported revenues of $302.6 million, up 9.2% year on year. This print topped analysts' expectations by 3.9%. Overall, it was a very strong quarter as it also logged a solid beat of analysts' organic revenue estimates and an impressive beat of analysts' EPS estimates. The stock is flat since reporting and currently trades at $36.41. Read our full, actionable report on Kratos here, it's free. Thanks to the Fed's rate hikes in 2022 and 2023, inflation has been on a steady path downward, easing back toward that 2% sweet spot. Fortunately (miraculously to some), all this tightening didn't send the economy tumbling into a recession, so here we are, cautiously celebrating a soft landing. The cherry on top? Recent rate cuts (half a point in September 2024, a quarter in November) have propped up markets, especially after Trump's November win lit a fire under major indices and sent them to all-time highs. However, there's still plenty to ponder — tariffs, corporate tax cuts, and what 2025 might hold for the economy. Want to invest in winners with rock-solid fundamentals? Check out our Strong Momentum Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Entrepreneur
3 days ago
- Business
- Entrepreneur
3 New Strong Buy Ratings from Top-Rated Analysts: 05/29/2025
Why United Airlines (UAL) is flying high, plus 2 more stocks getting some love from the smart money crowd… This story originally appeared on WallStreetZen Here's what analysts are bullish on as of 5/29/2025, as sourced from our most popular stock screener: Autodesk ( ADSK ) enjoys consensus-beating earnings results enjoys consensus-beating earnings results Why things could be turning around for United Airlines ( UAL ) There's a lot to like about Science Applications International (SAIC) P.S. Get more alerts like this daily … Try WallStreetZen Premium. This is the company behind flagship software products like AutoCAD, Revit, 3ds Max, and Maya. It has its fingers in many pies, from architecture and construction to manufacturing and entertainment. With multiple mature software ecosystems at work, the company is now focused on expanding into other high-margin areas, supported by a pretty hefty checkbook. Zen Rating: B (Buy) — see full analysis > Recent Price: $299.66 — get current quote > Max 1-year forecast: $374.00 Why we're watching: ADSK has attracted a fair bit of attention from Wall Street — at present, 21 analysts cover the stock, which currently has 9 Strong Buy ratings, 5 Buy ratings, and 7 Hold ratings. See the ratings Notably, Michael Turrin of Wells Fargo (a top 24% rated analyst) maintained a Strong Buy rating after the company's Q1 2026 earnings call, and increased his price target from $345 to $360. Turrin called the quarter's results consensus-beating and noted that Autodesk's transaction model was behind management hiking its FY 2026 billings guidance. Autodesk did not hike its revenue guide in step with the billings move, the analyst noted, calling the decision "prudent." Looking ahead, Turrin told readers that Wells Fargo is bullish on Autodesk's prospects for durable growth and further margin expansion. Autodesk stock has a Zen Rating of B, and currently ranks in the top 7% of stocks on the whole. Strong Financials are ADSK's greatest advantage — in this regard, the business ranks in the 97th percentile of publicly-traded companies. (See all 7 Zen Component Grades here >) 2. United Airlines (NASDAQ: UAL) The largest airline in the United States, United Airlines, has seen stock price dip quite significantly since the start of the year. However, Wall Street remains undeterred — and in view of easing macro and sectoral conditions, analysts are projecting quite a significant upside for the now-undervalued travel titan. Zen Rating: B (Buy) — see full analysis > Recent Price: $78.40 — get current quote > Max 1-year forecast: $140.00 Why we're watching: UAL is covered by 12 analysts, all of whom issue positive ratings. The stock currently has 9 Strong Buy ratings, 3 Buy ratings, and 0 Hold, Sell, or Strong Sell ratings. See the ratings In addition, the average 12-month price forecast for United Airlines shares currently sits at $105.17, a figure that implies a 40.88% upside. UBS analyst Thomas Wadewitz (a top 20% rated analyst) recently upgraded UAL to a Strong Buy, and hiked his price target from $67 to $105. Recent tariff relief from the 90-day agreement with China and the framework with the UK support a shift in the base case from a downturn in the economy to stability and slow growth, Wadewitz said. A more stable economic backdrop and the recent rebound in the U.S. equity market give UBS increased confidence in the resilience of international and premium revenue, which had been its primary cyclical concern for both Delta and United. Their firm now expects pressure on total revenue per available seat mile to ease and transition to 3% TRASM growth in 2026. United Airlines stock has a Zen Rating of B, and ranks in the top 6% of stocks on the whole. Since UAL shares have lost 18.07% in value since the start of the year, the stock is at a pretty substantial discount at the moment — and ranks in the top 8% of equities in terms of its Value Component Grade rating. (See all 7 Zen Component Grades here >) 3. Science Applications International (NASDAQ: SAIC) Currently one of the highest-rated stocks in the information technology service sector (read more about why industry matters here), SAIC enjoys sizable (and steady) inflows from government contracts.. With deep client relationships, steady contract wins, and a growing focus on emerging technologies like AI and digital engineering, the business offers investors a stable, tech-driven defense play with consistent cash flow and long-term government demand. Zen Rating: A (Strong Buy) — see full analysis > Recent Price: $119.73 — get current quote > Max 1-year forecast: $140.00 Why we're watching: At present, 6 analysts cover SAIC shares — 2 have given them a Strong Buy rating, while the remaining 4 ratings are Holds. See the ratings The Street-high price target of $140 was issued by JP Morgan's Seth Seifman (a top 9% rated analyst), who reiterated a Strong Buy rating on April 15 and cut his price forecast from $148. The other Strong Buy rating comes from Wells Fargo researcher Matthew Akers (a top 6% rated analyst), who currently has a $132 price target on Science Applications International stock. Top-rated analysts are obviously bullish — yet overall sentiment is mixed. However, our Zen Ratings System rates SAIC an A and ranks it in the top 2% of stocks based on a holistic analysis of 115 factors. based on a holistic analysis of 115 factors. As of the time of writing, the stock was trading at a price-to-earnings (P/E) ratio of just 16.22x, far below the market average of 21.18x. More broadly, it ranks in the top 2% of equities in terms of Value. However, SAIC also ranks quite highly in terms of Safety and Growth — categories in which it is currently in the top 11% and 13% of stocks, respectively. (See all 7 Zen Component Grades here >) What to Do Next?
