Science Applications International Corporation (SAIC): Look at its Technical Analysis

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Science Applications International Corporation (NYSE:SAIC) changes shares on Thursday trading session, with a change of 1.60% or $1.19 shares. The trading starts at $73.69 and closed at $74.24 throughout the day. The trading session low price was $71.48 and day high was $75.59 on Thursday, June 25. After the session, the Technology sector daily volume shifted to 1.58 million while its average volume is 683.86K. In other hand, the SAIC market cap reached to $4.48B.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is down -8.17% and down -14.91% for month. Its quarterly performance was 5.42% above, while its half year performance is down -14.61%. SAIC yearly performance stood at negative -11.04% and fall -13.32% for year-to-date. Current recommendation for Science Applications International Corporation is 1.70.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. SAIC EPS (TTM) for 12-month is 3.53. EPS for this year is 23.30%, while for the next year its value is 7.35. Sales growth for the current quarter is 1.40 while its EPS Q/Q reached -32.90%. It has an EPS of 5.70% up for past five years and for the next five years will be up 15.20%.

Blackrock Inc., Vanguard Group, Inc. (The) and Boston Partners are the top three holders in Science Applications International Corporation (SAIC) stock. On Mar 30, 2020, Blackrock Inc. has 6.01 million shares which valued 448.62 million. On Mar 30, 2020, Vanguard Group, Inc. (The) owned 5.6 million shares which valued at 417.58 million. On Mar 30, 2020, Boston Partners has a total of 3.69 million shares which valued at 275.24 million. In the end, Boston Partners have 6.35% shares outstanding of Science Applications International Corporation (SAIC) on Mar 30, 2020. The insider ownership moved to 0.40% and institutional holding shifted to 78.50%.

The company posted an EPS (TTM) of 3.53. According to the most recent quarter report on (Jul 2020), 12 analysts estimated an average EPS of 1.47, while 1.35 EPS posted a year ago period. Analyst Estimated EPS for SAIC published in the report was 1.33-1.64 during the same period. Comparing with last year, the average estimated EPS was 1.35 which is lower than 1.38 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for SAIC fall -9.42% for period of 200 days. SMA for 50 days was -9.96% which is showing red signal, while SMA-20 was -11.85%. The moving average value for Science Applications International Corporation (SAIC) is 83.28 and 84.74 for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in SAIC stock. On Apr 03, KEENE NAZZIC S, Chief Executive Officer, bought 14,300 trading shares at the cost of $70.75, which valued at 1.01 million. On Apr 01, Kanouff Yvette, Director, bought 1,500 shares at the cost of $70.35, with total shares of 2,399. On Sep 27, HAMRE JOHN J, Director, sold 10,000 shares at the cost of 86.43. After this transaction, HAMRE JOHN J total shares reached to 14,321 which valued at 0.86 million.