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Buy These 5 Stocks With Stellar Earnings Growth
https://finance.yahoo.com/news/buy-5-stocks-stellar-earnings-131701604.html
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Looking for Value? Why It Might Be Time to Science Applications
Value investing is always a very popular strategy, and for good reason. After all, who doesn’t want to find stocks that have low PEs, solid outlooks, and decent dividends?
Fortunately for investors looking for this combination, we have identified a strong candidate which may be an impressive value; Science Applications International Corporation SAIC.
Science Applications in Focus
SAIC may be an interesting play thanks to its forward PE of 17.6 its P/S ratio of 0.7, and its decent dividend yield of 1.6%. These factors suggest that Science Applications is a pretty good value pick, as investors have to pay a relatively low level for each dollar of earnings, and that SAIC has decent revenue metrics to back up its earnings.
SCIENCE APPLICATIONS INTERNATIONAL CORPORATION PS Ratio (TTM)
But before you think that Science Applications is just a pure value play, it is important to note that it has been seeing solid activity on the earnings estimate front as well. For current year earnings, the consensus has gone up by 1.6% in the past 30 days, thanks to five upward revisions in the past one months compared to none lower.
This estimate strength is actually enough to push SAIC to a Zacks Rank #2 (Buy), suggesting it is poised to outperform. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
So really, Science Applications is looking great from a number of angles thanks to its PE below 20, a P/S ratio below one, and a strong Zacks Rank, meaning that this company could be a great choice for value investors at this time.
Special Report names this breakthrough and the 5 best stocks to exploit it. Like Apple in 2007, these companies are already strong and coiling for potential mega-gains.
https://finance.yahoo.com/news/looking-value-why-might-time-125012354.html
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Edited Transcript of SAIC earnings conference call or presentation 10-Sep-18 12:00pm GMT
https://finance.yahoo.com/news/edited-transcript-saic-earnings-conference-233858905.html
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Is SAIC's Engility Purchase a Good Deal for Shareholders?
Don't look now, but the government contracting industry just got a little bit smaller.
On Monday, SAIC (NYSE: SAIC), which collected $4.4 billion in revenue last year providing engineering and IT services to various branches of the U.S. government, announced a "definitive agreement" to acquire fellow government IT contractor Engility (NYSE: EGL) and its $1.9 billion revenue stream for $1.6 billion, plus $900 million in assumed debt. (And let's give credit where it's due -- Reuters predicted this acquisition, and Vertical Research upgraded Engility because of it, two months ago).
Expected or not, though, SAIC was promptly punished by investors for its move to acquire Engility, and SAIC stock fell more than 9% when the news was announced. Why?
SAIC is eating Engility -- and it's causing SAIC shareholders heartburn. Image source: Getty Images.
Details, please
Let's briefly review the details. SAIC will be paying all stock for Engility. SAIC will exchange 0.45 SAIC shares for each Engility share outstanding, or $1.6 billion in all. SAIC will further first assume, and then pay off, Engility's $900 million in debt, taking out a $1.05 billion loan on its own for this purpose.
Thus, taken as a whole, SAIC is paying about 1.3 times Engility's annual sales for the company -- a steep premium given that SAIC's own stock currently costs only about 0.7 times sales.
Why Engility is going down on the news
On the date it was announced, this all valued Engility at $40.44 per share, or 11.6% more than Engility shares cost before the merger announcement -- a nice premium for owners of the acquired shares. So it's perhaps surprising that Engility shares have declined 3% or so since SAIC made its announcement.
The reason for this is that SAIC's shares fell once investors heard of the acquisition and its cost. And because Engility's buyout price is tied to the value of SAIC's shares, at Wednesday's closing share price of $78.38, 0.45 share of SAIC is now worth only $35.27 to Engility shareholders. That's only a small premium to Engility's current share price of $35.01 -- so it appears Engility investors won't be making out like bandits on this deal after all.
What it means for SAIC shareholders
But what about shareholders in the acquirer? According to the announcement, the merger of Engility with SAIC will yield a company with:
$6.5 billion in annual revenue (essentially equal to what the two companies, combined, generated over the past 12 months)
$375 million in annual free cash flow ($50 million more than the companies have generated separately)
and permitting cost savings ("synergies") of up to $75 million per year after the deal closes in fiscal Q4 2018 (which may explain the optimistic forecast for future free cash flow)
SAIC shareholders should hope that that last point especially turns out to be accurate, because over the past 12 months, Engility actually reported $31 million in losses. Absent cost savings, this deal would be expected to actually subtract from SAIC's own $192 million in trailing-12-month profits. It would result in a less profitable business, in which the whole is worth less than the sum of its parts.
How investors should look at SAIC today
For the time being, though, let's give SAIC management the benefit of the doubt. Let's assume that the cost savings emerge as promised and that, more importantly, the two firms combined can generate $375 million in annual cash profits on their $6.5 billion in combined revenue. Will this make SAIC stock a buy or not?
Here's how I look at it: Investors today value SAIC at $3.3 billion. The company carries $900 million in debt, and to pay off Engility's debt, SAIC will be adding a further $1.05 billion to its debt load. This implies that in about five months, post-merger, SAIC will have an enterprise value of $5.25 billion or thereabouts.
Divided by $375 million in free cash flow, this will give the new-and-improved SAIC an enterprise value-to-free cash flow ratio of 14. That may not sound expensive, but the company will look even more expensive when valued on GAAP earnings of $161 million (or $236 million if all the planned cost savings filter down to the bottom line). Moreover, analysts surveyed by S&P Global Market Intelligence have been forecasting no better than 5% annualized earnings growth for SAIC and Engility separately. I see no reason to expect faster growth for a combination of the two companies.
Even assuming SAIC continued paying its current 1.5% dividend yield to all shareholders after the merger, 5% growth doesn't seem fast enough to me to justify paying 14 times FCF for this company -- let alone the 22 or 32 times valuation the stock will carry when valued on GAAP earnings.
Long story short, I think the investors who sold off SAIC shares by 13% on this merger announcement are calling this one right. This is a dud of a merger, and a bad deal for SAIC shareholders.
https://finance.yahoo.com/news/saic-apos-engility-purchase-good-180300789.html
WE WILL SEE......
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Here's Why SAIC Is Spending $2.5 Billion to Expand Its Government IT Business
Science Applications International Corp. (NYSE: SAIC) has joined the stampede of government services firms expanding via acquisition, agreeing Sept. 10 to acquire Engility Holdings (NYSE: EGL) for about $2.5 billion in stock and assumed debt.
There's sound logic behind this plan to create a one-stop shop for services including enterprise IT, high-performance computing, intelligence analysis, launch support, logistics, and training. The deal would move Science Applications International (SAIC) past Booz Allen Hamilton into second place among pure-play government services firms, trailing only Leidos Holdings in terms of annual sales. But the deal also creates near-term uncertainty around SAIC and could lead to further dealmaking in this rapidly consolidating sector.
Aerial view of the Pentagon
Aerial view of the Pentagon
After SAIC's recent acquisition of Engility is complete, over half its business will come from the Pentagon. Image source: Getty Images.
Investors were skeptical, sending shares of SAIC down 9% following the deal announcement. Here's a look at why SAIC wants to buy Engility, and how investors should view the company and the rest of the government services sector following the announcement.
A bigger umbrella
SAIC officials said during a conference call with investors that the company's primary goal when considering mergers and acquisitions is to broaden its customer roster. Adding Engility would bring the company access to a range of new intelligence and space opportunities, much of them classified, and expand its cleared workforce by about 50%. Government services companies have complained in recent years that delays in getting security clearance for new workers have limited their ability to compete for new work, so adding the extra cleared workers should allow SAIC to go after bigger and more lucrative contracts.
On the conference call, CEO Anthony Moraco described intelligence as "a very tough market to grow organically" given the need for clearances and the specialized requirements that many of those contracts demand.
Post-deal, the company would generate about 55% of total sales from the Pentagon, with an additional 16% from the intelligence community, and most of the rest from federal civilian agencies. Company officials said they expect the combined companies' adjusted EBITDA margin to climb to near 9% (up from SAIC's current 7.2%), assuming its targeted $75 million in merger-related cost savings are achieved.
This isn't over
The deal is just the latest of several government-services mergers as companies race to gain the scale and resources needed to handle growing demand. In 2016, Leidos catapulted to the top spot with a $4.6 billion deal for Lockheed Martin's services unit. Last April, General Dynamics spent $9.7 billion to buy CSRA, itself the product of a merger between SRA International and the government business of Computer Sciences Corp. And in June, a three-way deal among Vencore, KeyPoint, and parts of DXC Technology created Perspecta (NYSE: PRSP).
Engility had previously been a buyer, spending about $1 billion to acquire TASC in 2014.
In his remarks, Moraco said that he believes growing SAIC into a larger company will help protect it from future market swings. Government services has been a boom-bust business in recent years, punished in the early part of this decade as partisan Washington budget battles caused government agencies to put off big IT modernization projects. While the two-year compromise budget has provided some temporary clarity and should lead to a rush of new orders, lawmakers will have to come up with a new deal by fiscal 2020 to avoid another potential pullback in funding.
"With this diversification in our portfolio and the broad set of capabilities, it provides the downside protection from individual agencies, movement up or down, the priority shift from defense to domestic," Moraco said.
Revenue rankings of government services vendors
Revenue rankings of government services vendors
The government services competitive landscape after the SAIC-Engility deal. Numbers represent revenue in billions. Image source: SAIC investor presentation.
That reasoning has fueled the rush of consolidation and explains why we are likely to see further deals in the quarters to come. Specifically, there's CACI International (NYSE: CACI), the rumored runner-up for Engility. CACI also made an unsuccessful attempt to break up General Dynamics' deal for CSRA, and will now face a landscape with three pure-play companies -- plus a General Dynamics that is significantly larger than CACI -- and seems destined to act.
Perspecta and ManTech International (NASDAQ: MANT) also could face difficult choices. Perspecta is still integrating the three-way merger that created it, and only went public earlier this year. But like CACI, it also faces a more difficult competitive landscape. ManTech, meanwhile, is similarly sized to Engility and seems likely to either seek out a larger partner or do a large deal of its own.
Investors should be cautious
While I like what this deal does for SAIC over time, I would not rush in to buy shares even after the 10% decline. Merger integrations carry risk, and SAIC in recent years has struggled at times to win new business even without the distraction of a big deal. As Moraco said, this tends to be a cyclical industry, and even if SAIC will soon have the wherewithal to help better weather the next downturn, it is possible the company will not be fully integrated and ready to compete before the current surge ends.
After the deal is complete, private equity companies KKR and General Atlantic, which have been invested in Engility since its deal for TASC, will hold about a 7% stake in the new SAIC. While the firms are supporting the deal, there is some risk that should they decide to sell shares over time, it would put downward pressure on the stock.
Similarly, investors need to proceed cautiously when considering a company like CACI that seems determined to find a large deal. Given there are high-quality alternatives including Leidos and Booz Allen available to investors to take advantage of the government budget upswing, there's no reason to risk buying into these transformations right now.
I commend SAIC's move for Engility and believe time will show it to be the correct move. I just think there are better options for investors while that integration plays out.
https://finance.yahoo.com/news/apos-why-saic-spending-2-124800251.html
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Science Applications (SAIC) Surpasses Q2 Earnings Estimates
Science Applications International Corp. SAIC reported solid second-quarter fiscal 2019 earnings of $1.13 per share, which beat the Zacks Consensus Estimate of 98 cents and increased 41% year over year.
Moreover, revenues jumped 3.4% from the year-ago quarter to $1.115 billion and beat the Zacks Consensus Estimate of $1.105 billion.
The increase in top line was driven by higher number of orders in the company’s supply chain, which contributed $31 million to total revenues. Also, and new contracts involving NASA and other government agencies brought in $24 million.
SCIENCE APPLICATIONS INTERNATIONAL CORPORATION Price, Consensus and EPS Surprise
SCIENCE APPLICATIONS INTERNATIONAL CORPORATION Price, Consensus and EPS Surprise | SCIENCE APPLICATIONS INTERNATIONAL CORPORATION Quote
Quarter in Details
Net bookings for the quarter were approximately $1.5 billion as a result of contract award activities, reflecting a book-to-bill ratio of approximately 1.4 in the quarter. At the end of the quarter, Science Applications’ estimated backlog of signed business orders was approximately $10.5 billion, including $2.1 billion of funds.
Total backlog was up 5% and funded backlog increased 5% sequentially.
Notably, the company won several Expand Awards during the quarter from the U.S. Space Related Activities and the U.S. Navy. It also secured Protect Awards from the The U.S. Army Aviation and Missile Command, The U.S. Army and the General Services Administration, The U.S. Navy Space and Naval Warfare, the General Services Administration and the U.S. Navy. It also received a notable Grow Award from the Navy.
In the fiscal second quarter, Science Applications announced its impending equity-based acquisition of Engility, worth $2.5 billion. The company expects the combined forces of the two leading government services providers to bolster its position in the industry as well as strengthen its long-term growth strategies. With last 12 months’ revenues of approximately $6.5 billion pro forma, the company reached the second position among its peers.
Margins
Adjusted Operating margin expanded 90 basis points (bps) to 6.6% in the reported quarter. Adjusted EBITDA margin increased 80 bps on a year-over-year basis to 7.5%.
The year-over-year increase in profits was primarily due to improved performance across the company’s portfolio and continued cost restructuring efforts.
Balance Sheet & Cash Flow
Science Applications ended the quarter with cash and cash equivalents of $106 million, down from $152 million reported in the previous quarter.
Operating cash outflow was $12 million and free cash outflow was $24 million, primarily owing to delayed collections due to government payment system issues, which took place last year. An increase in investment in platform integration programs affected the cash flow.The company had delivered operating cash flow and free cash flow of $88 million and $82 million, respectively, in the previous quarter.
Science Applications spent $13 million in cash dividends and $9 million in term loan repayment. No share repurchases were made during the quarter because the company focused on other capital deployment opportunities, which include the pending Engility acquisition.
Guidance
Science Applications reiterated its full-fiscal 2019 guidance.
It continues to expect growth in revenues, and anticipates EBITDA margin to increase 20-40 bps from 7% recorded in fiscal 2018. Free cash flow is expected to be around $250 million in fiscal 2019.
The company expects annual gross savings of approximately $150 million, or 2.3% of combined revenues post the acquisition of Engility.
Net cost synergies are projected to be $75 million as a result of the acquisition.
Zacks Rank & Other Stocks to Consider
Science Applications currently has a Zacks Rank #2 (Buy).
https://finance.yahoo.com/news/science-applications-saic-surpasses-q2-112711125.html
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SAIC CEO offers a window into the consolidation wave taking over the government market
Five years ago this month, Science Applications Engineering Corp. executed a complex corporate split that saw SAIC spin off a $4 billion government IT services business under that decades-old name while a new $6 billion company, rebranded Leidos Holdings Inc., took the national security and commercial health and engineering markets.
The idea, as original FedBiz writer Jill Aitoro documented in a cover story at that time, was to move away from being a confusing single entity where a thousand flowers bloomed, where many ideas from many sources were pursued but without a core strategy in place to be sure the pieces fit well together.
A clean break would allow both to drive their respective value propositions — simply put, Reston-based Leidos (NYSE: LDOS) would design government tech, SAIC (NYSE: SAIC) would implement it, free from conflicts of interest.
Fast forward five years and SAIC, which got smaller and more focused, is making an aggressive growth push with its deal announced Monday to acquire Chantilly-based Engility Holdings for $2.5 billion in stock. And so during a media call with executives, a question was put to SAIC CEO Tony Moraco: In so many words, is everything old new again?
Moraco said this SAIC feels a lot different than the one before the split and he’d know; he ran that company’s government solutions business. And not just because of the impacts of scale the union will bring to a competitive and rapidly consolidating market, led by the aforementioned Leidos, which shook the industry with its 2016 deal to acquire Lockheed Martin's information services business and double in size.
“It’s around the portfolio itself,” he said of the difference, emphasizing the opportunities in the space and intelligence markets that open up now for Reston-based SAIC as it integrates Engility (NYSE: EGL) and becomes a $6.5 billion government services company, third-largest in the market (and second if you focus solely on the so-called pure plays and remove General Dynamics, which is known as much for selling Gulfstream jets and tanks as it is IT services).
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At the NASA Michoud Assembly Facility in Louisiana, Lockheed Martin technicians have completed construction of the first Orion capsule structure that will carry humans to deep space on Exploration Mission-2. Image courtesy of NASA. (PRNewsfoto/Lockheed Martin)
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The company, he added, has been very focused since the split but sees this kind of corporate evolution “as a natural progression.”
“We’re not doing anything that’s a right turn off of what we started with,” he added. “I believe it’s very much in line and not a change in strategy. Whereas I think some of our peers in the market, [with] some of the market consolidation, were a bit more transformative to reposition companies, where we think we’re well positioned now and want to continue in that some position in the marketplace going forward.”
Moraco’s comments offer an interesting window into the consolidation wave that’s gripping the government contracting market. They also highlight a challenge that will face Moraco when the deal is complete, expected by next February. While Wall Street will be watching closely for the company to deliver $75 million in annual cost savings and boost margins to 9 percent, Moraco will also need to articulate SAIC’s new value proposition to the market.
How will it compete with the big players that can also spread costs over a wider revenue base and offer a more competitive cost structure when going after complex five- and 10-year deals that top $500 million? And how will it take on the smaller, agile players with the kinds of technical capabilities (cloud, artificial intelligence, analytics and the like) that are increasingly in demand?
Its space business will be fundamental to crafting that go-to-market narrative because of the opportunity to sell a range of services, from architecture and engineering to payload support and launch and ground systems, all at a time when the federal government has talked not just of increasing funding but even standing up a new space command. Combined, the company has a space portfolio of more than $1 billion in contract value, Moraco said, including work with NASA, the National Reconnaissance Office and the National Oceanic and Atmospheric Administration.
Engility, meanwhile, will see the culmination of its own corporate evolution, a journey that began in 2012 when L3 Communications spun out its government services division and Engility was born. In February 2015 it made a transformative $1.1 billion acquisition of Tasc Inc. Former Raytheon exec Lynn Dugle was lured out of retirement in March 2016 after an earnings revision in January of that year spooked Wall Street. Dugle set out to rebuild that goodwill, pay down debt and grow organically, and shift from lowest price, technically acceptable contract work to higher margin, specialized best-value work.
Dugle sees huge potential in taking the combined company’s work in areas such as systems integration and modernization and training and simulation and then boosting those service offerings with things like data analytics, high-performance computing and applied machine learning.
“That gets exciting really quickly,” said Dugle, who, when the deal is complete said she envisions herself “on a beach with a drink and an umbrella in it.”
https://www.bizjournals.com/washington/news/2018/09/11/saic-ceo-offers-a-window-into-the-consolidation.html?ana=yahoo&yptr=yahoo
SAIC Enters into Definitive Agreement to Acquire Engility
As we prepare to commemorate the fifth anniversary of SAIC later this month, I’m excited to share that a few minutes ago, we announced our intent to acquire Engility creating what will be the second-largest independent technology integrator in the government services sector, with $6.5 billion in combined revenue over the last 12 months.
When the transaction is completed by about the end of January 2019, our employee ranks are expected to grow to 23,000 strong, and create market sub-segment scale in strategic business areas of national interest, to include defense, space, intelligence, and key federal civilian customers such as NASA, and the departments of Justice and Transportation (FAA). It will also more than double our footprint in health services.
This is a bold move that will accelerate our industry ranking and propel us into a market-leading position, creating opportunities for our employees, customers, and shareholders.
The combination of these two complementary businesses will accelerate SAIC’s growth strategy into key markets, enhance its competitive position, and provide significant financial benefits. We will be a powerful force going forward. This marks a major milestone in the execution of our long-term strategy, “Ingenuity 2025.”
We will be gaining 7,500 new teammates who – like us – have a strong desire to make a meaningful impact for their customers and our nation. We expect that the vast majority of you will not be impacted as a result of this, but we will be reassessing our approach on how we do business as a larger entity.
During this process, we expect you will have questions and we are committed to keeping you informed, as appropriate, as we work our way through the transition. We will begin integration planning immediately, under the leadership of COO Nazzic Keene. As in any acquisition, we will seek best practices across both companies and determine how we can continue to strengthen and build on our collective competitive position upon closing.
There is much work to be done between now and then. Until then, the two companies will remain separate, independent entities, and I ask that you remain focused on serving your customers and business as usual.
Five years has flown by since we stood up this new company. I am even more energized today than I was then about our future and what this powerful new combination with its enhanced depth and breadth will generate for our customers, employees, and our shareholders.
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"PEACE"
MS&T Awards SAIC with Outstanding Service and Support Award for Training Services
Company also named a finalist for SAIC Integrated Training Edge product suite.
Science Applications International Corp. (SAIC) was awarded the MS&T Industry Award for Excellence in Outstanding Service and Support Program for the company’s support to the U.S. Navy’s Fleet Forces Command Fleet Training Support/Fleet Deployment Training Program.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20180907005454/en/
“We are honored to win MS&T’s Industry Award for Excellence. Our team has over 20 years of experience using game technology and live, virtual, and constructive simulations to design and develop training that works,” said Josh Jackson, SAIC senior vice president and general manager of the Engineering, Integration, and Mission Solutions Market Segment. “We are proud of our work and our support for our customers. Our solutions provide faster, more reliable training to ensure that warfighters are ready anytime, anywhere.”
Since 2007, SAIC has provided live, virtual and constructive (LVC) exercise support to all Navy strike groups. As the only awardee, SAIC was recognized by MS&T for its outstanding value to clients in areas such as training as a service, long-term maintenance, management of facilities, and exercise support.
For the Navy, the company has:
Planned, supported, executed, participated in, analyzed, and assessed LVC training.
Developed, updated, and delivered academic instruction.
Developed, reviewed, analyzed, and made recommendations on training policy, procedures, standards, and doctrine.
Provided program management support.
Learn more about our support to the Fleet Forces Command Fleet Training Support/Fleet Deployment Training Program.
MS&T also named the company a finalist for SAIC Integrated Training Edge (SITE), a multidisciplinary platform that integrates people, processes, tools, and technologies to design, develop, and deliver engaging immersive training. SITE focuses on achieving customer outcomes through integrated solutions that leverage strong instructional design principles with technologies like multimedia instruction, gaming, augmented and virtual reality, realistic simulations, advanced analytics and experiential learning.
SITE Offers:
Structured Instructional systems design. Automated instructional systems design tool dramatically reduces planning time.
Cloud-enabled. In-house cloud expertise provides flexibility to safely take learning beyond the classroom.
Accelerated Learning. Performance tracking tools contributing to faster learning, better understanding, and longer retention.
Immersive training. Incorporating AR, VA, data visualization, animation and serious games to heighten realism of immersive training.
Advanced analytics. Data analytics enable predictable and measurable results.
Scalable. Delivery is scalable from self-paced mobile learning to large-scale role-based and warfare exercises.
See more about the ways in which SAIC helps customers with training readiness.
The MS&T Industry Awards for excellence in Defense Simulation and Training (S&T) are presented annually to companies and individuals who have made outstanding contributions to the training and effectiveness of U.S. and overseas warfighters. MS&T has been in continuous publication for 35 years and its international editorial team is comprised of ex-military leaders and simulation and training specialists with a background in industry, and frequently both.
About SAIC
SAIC is a premier technology integrator providing full life cycle services and solutions in the technical, engineering, intelligence, and enterprise information technology markets. SAIC is Redefining Ingenuity through its deep customer and domain knowledge to enable the delivery of systems engineering and integration offerings for large, complex projects. SAIC’s more than 15,000 employees are driven by integrity and mission focus to serve customers in the U.S. federal government. Headquartered in Reston, Virginia, SAIC has annual revenues of approximately $4.5 billion. For more information, visit saic.com. For ongoing news, please visit our newsroom.
View source version on businesswire.com: https://www.businesswire.com/news/home/20180907005454/en/
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"PEACR"
SAIC Schedules Second Quarter Fiscal Year 2019 Earnings Release and Conference Call for Sept. 12 at 5 p.m. Eastern Time
RESTON, Va.--(BUSINESS WIRE)--
Science Applications International Corp. (SAIC), a leading technology integrator providing full life cycle services and solutions in the technical, engineering, intelligence, and enterprise information technology markets, is scheduled to issue its second quarter fiscal year 2019 results and hold a conference call after close of market on Wednesday, September 12, 2018. SAIC executive management will discuss second quarter results and business outlook in a conference call beginning at 5 p.m. Eastern time following issuance of the Company's earnings press release.
The conference call will be webcast simultaneously to the public through a link on the Investor Relations section of the SAIC website (http://investors.saic.com). We will only be providing webcast access and “dial-in” access will not be available. Additionally, a supplemental presentation will be available to the public through links to the Investor Relations section of the SAIC website.
After the call concludes, an on-demand audio replay of the webcast can be accessed via SAIC's Investor Relations website.
About SAIC
SAIC is a premier technology integrator providing full life cycle services and solutions in the technical, engineering, intelligence, and enterprise information technology markets. SAIC is Redefining Ingenuity through its deep customer and domain knowledge to enable the delivery of systems engineering and integration offerings for large, complex projects. SAIC’s more than 15,000 employees are driven by integrity and mission focus to serve customers in the U.S. federal government. Headquartered in Reston, Virginia, SAIC has annual revenues of approximately $4.5 billion. For more information, visit saic.com. For ongoing news, please visit our newsroom.
View source version on businesswire.com: https://www.businesswire.com/news/home/20180821005185/en/
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"PEACE"
SAIC Awarded $52 Million Task Order by the U.S. Army
[Business Wire]
Business Wire•August 20, 2018
RESTON, Va.--(BUSINESS WIRE)--
Company to provide live, virtual, constructive, and game-based experimentation services to the Maneuver Center of Excellence
The U.S. Army and the General Services Administration awarded Science Applications International Corp. (SAIC) a task order to provide support to the Maneuver Center of Excellence, Maneuver Battle Lab in Fort Benning, Georgia. The single-award task order has a one-year base period of performance, four one-year options, and is valued at approximately $52 million.
“During the past 13 years, SAIC has successfully supported the Maneuver Battle Lab and helped them meet fast-paced demands. We are excited to continue our work in experimentation, modeling and simulation, and systems engineering for the Army,” said Jim Scanlon, SAIC senior vice president and general manager of the Defense Systems Customer Group. “We remain committed to their mission through our technical expertise and innovative ideas we bring forth each day.”
Under the task order, SAIC will support the Maneuver Battle Lab's mission to conduct combined arms live, virtual, constructive, and game-based experimentation. This support improves soldier readiness and focuses on the Soldier and the Infantry, Stryker, and Armor, brigade combat teams (BCTs), and reconnaissance and Calvary formations.
“Our decades of synthetic experimentation experience and investments in simulation integration have enabled us to intimately understand and support this mission. We are pleased to continue helping the Army prepare for the future,” said Josh Jackson, SAIC senior vice president and general manager of the Engineering, Integration and Mission Solutions Market Segment.
About SAIC
SAIC is a premier technology integrator providing full life cycle services and solutions in the technical, engineering, intelligence, and enterprise information technology markets. SAIC is Redefining Ingenuity through its deep customer and domain knowledge to enable the delivery of systems engineering and integration offerings for large, complex projects. SAIC’s more than 15,000 employees are driven by integrity and mission focus to serve customers in the U.S. federal government. Headquartered in Reston, Virginia, SAIC has annual revenues of more than $4.5 billion. For more information, visit saic.com. For ongoing news, please visit our newsroom.
Certain statements in this announcement constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties and a number of factors could cause our actual results, performance, achievements, or industry results to be very different from the results, performance, or achievements expressed or implied by such forward-looking statements. Some of these factors include, but are not limited to, the risk factors set forth in SAIC's Annual Report on Form 10-K and other such filings that SAIC makes with the SEC from time to time, which may be viewed or obtained through the Investor Relations section of our web site at www.saic.com. Due to such uncertainties and risks, readers are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof.
View source version on businesswire.com: https://www.businesswire.com/news/home/20180820005153/en/
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"PEACE"
Who Really Owns Science Applications International Corporation (NYSE:SAIC)?
In this analysis, my focus will be on developing a perspective on Science Applications International Corporation’s (NYSE:SAIC) latest ownership structure, a less discussed, but important factor. Ownership structure of a company has been found to affect share performance over time. Since the effect of an active institutional investor with a similar ownership as a passive pension-fund can be vastly different on a company’s corporate governance and accountability of shareholders, investors should take a closer look at SAIC’s shareholder registry.
View our latest analysis for Science Applications International
Institutional Ownership
In SAIC’s case, institutional ownership stands at 67.53%, significant enough to cause considerable price moves in the case of large institutional transactions, especially when there is a low level of public shares available on the market to trade. These moves, at least in the short-term, are generally observed in an institutional ownership mix comprising of active stock pickers, in particular levered hedge funds, which can cause large price swings. In the case of SAIC, investors need not worry about such volatility considering active hedge funds don’t have a significant stake. However, we should dig deeper into SAIC’s ownership structure and find out how other key ownership classes can affect its investment profile.
Insider Ownership
An important group of shareholders are company insiders. Insider ownership has to do more with how the company is managed and less to do with the direct impact of the magnitude of shares trading on the market. A stake of less than 1% in SAIC is relatively small, though at least there is still some alignment of interest with shareholders. A higher level of insider ownership has been found to reflect the choosing of projects with higher return on investments compared to lower returning projects for the sake of expansion. It would also be interesting to check what insiders have been doing with their shareholding recently. Insider buying can be a positive indicator of future performance, but a selling decision can be simply driven by personal financial requirements.
General Public Ownership
A substantial ownership of 31.68% in SAIC is held by the general public. This level of ownership gives retail investors the power to sway key policy decisions such as board composition, executive compensation, and potential acquisitions. This is a positive sign for an investor who wants to be involved in key decision-making of the company.
Next Steps:
SAIC’s considerably high level of institutional ownership calls for further analysis into its margin of safety. This will enable shareholders to comfortably invest in the company while avoid getting trapped in a sustained sell-off that is often observed in stocks with this level of institutional participation. However, ownership structure should not be the only determining factor when you’re building an investment thesis for SAIC. Rather, you should be examining fundamental factors such as Science Applications International’s past track record and financial health. I highly recommend you to complete your research
by taking a look at the following:
Future Outlook: What are well-informed industry analysts predicting for SAIC’s future growth? Take a look at our free research report of analyst consensus for SAIC’s outlook.
Past Track Record: Has SAIC been consistently performing well irrespective of the ups and downs in the market? Go into more detail in the past performance analysis and take a look at the free visual representations of SAIC’s historicals for more clarity.
Other High-Performing Stocks: Are there other stocks that provide better prospects with proven track records? Explore our free list of these great stocks here.
https://finance.yahoo.com/news/really-owns-science-applications-international-190443516.html
"PEACE"
SAIC Awarded $255 Million Space Contract
[Business Wire]
Business Wire•August 16, 2018
RESTON, Va.--(BUSINESS WIRE)--
Science Applications International Corp. (SAIC) was awarded a $255 million contract to provide systems engineering and technical assurance work that supports various space-related activities. This work will be performed primarily in the continental United States.
“SAIC has supported space missions for more than 45 years. We continue to provide outstanding technical services and adapt to changing demands,” said Mark Escobar, SAIC senior vice president and general manager of the National Security Customer Group. “Our team will work to continue to gain efficiencies by streamlining processes, introduce innovations such as Model Based System Engineering, and identify and manage risk for our customer.”
As part of this contract, SAIC will use our Model Based System Engineering methodologies to develop mission-planning tools and products that help customers to save time, resources, and money.
“SAIC’s Systems Engineering Platform and model-based systems engineering approach drives greater levels of mission assurance, reliability, and collaboration across the highly complex launch enterprise,” said Josh Jackson, SAIC senior vice president and general manager for the Engineering, Integration, and Mission Solutions Market Segment.
About SAIC
SAIC is a premier technology integrator providing full life cycle services and solutions in the technical, engineering, intelligence, and enterprise information technology markets. SAIC is Redefining Ingenuity through its deep customer and domain knowledge to enable the delivery of systems engineering and integration offerings for large, complex projects. SAIC’s more than 15,000 employees are driven by integrity and mission focus to serve customers in the U.S. federal government. Headquartered in Reston, Virginia, SAIC has annual revenues of approximately $4.5 billion. For more information, visit saic.com. For ongoing news, please visit our newsroom.
Certain statements in this announcement constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties and a number of factors could cause our actual results, performance, achievements, or industry results to be very different from the results, performance, or achievements expressed or implied by such forward-looking statements. Some of these factors include, but are not limited to, the risk factors set forth in SAIC's Annual Report on Form 10-K and other such filings that SAIC makes with the SEC from time to time, which may be viewed or obtained through the Investor Relations section of our web site at www.saic.com. Due to such uncertainties and risks, readers are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof.
View source version on businesswire.com: https://www.businesswire.com/news/home/20180816005124/en
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"PEACE"
Science Applications International wins $597 mln U.S. defense contract -Pentagon
[Reuters]
Reuters•August 10, 2018
WASHINGTON, Aug 9 (Reuters) - Science Applications International Corp has been awarded a $597 million U.S. defense contract for the production and delivery of integrated command, control, communications, computers, intelligence, surveillance, and reconnaissance systems, the Pentagon said on Thursday.
https://finance.yahoo.com/news/science-applications-international-wins-597-211629129.html
GO SAIC
"PEACE"
SAIC Awarded $116 Million Navy Tactical Networks Contract
[Business Wire]
Business Wire•August 1, 2018
RESTON, Va.--(BUSINESS WIRE)--
Company to provide engineering services for afloat and ashore assets
The Space and Naval Warfare Systems Center Pacific awarded Science Applications International Corp. (SAIC) a prime contract worth approximately $116 million to continue to provide engineering services to the U.S. Navy’s afloat and ashore assets.
Under the contract SAIC will provide management, engineering, technical, integrated logistics support, and configuration management to the Navy’s Tactical Networks In-Service Engineering Activity (TACNET ISEA).
The single award, indefinite-delivery, indefinite-quantity contract has a three-year base period of performance and a two-year option period which, if exercised, would bring the potential value of this contract to an estimated $196 million. Work will be performed primarily in San Diego, California and Norfolk, Virginia, while some additional work will be performed on Navy ships and shore sites globally.
“We are proud to continue our support to SPAWAR Systems Center Pacific TACNET and are dedicated to ensuring the highest degree of fleet readiness. For more than 20 years, we have assisted the Navy with sustainment services for critical TACNET systems that serve as the backbone of U.S. naval vessels,” said Jim Scanlon, SAIC senior vice president and general manager of the Defense Systems Customer Group.
TACNET ISEA is responsible for the sustainment of fielded systems through end-of-life replacement, system upgrades, follow-on, or interrelated system, distant support, on-site repair, installations, and system analysis to ensure networks are performing within designed specifications.
About SAIC
SAIC is a premier technology integrator providing full life cycle services and solutions in the technical, engineering, intelligence, and enterprise information technology markets. SAIC is Redefining Ingenuity through its deep customer and domain knowledge to enable the delivery of systems engineering and integration offerings for large, complex projects. SAIC’s more than 15,000 employees are driven by integrity and mission focus to serve customers in the U.S. federal government. Headquartered in Reston, Virginia, SAIC has annual revenues of approximately $4.5 billion. For more information, visit saic.com. For ongoing news, please visit our newsroom.
Certain statements in this announcement constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties and a number of factors could cause our actual results, performance, achievements, or industry results to be very different from the results, performance, or achievements expressed or implied by such forward-looking statements. Some of these factors include, but are not limited to, the risk factors set forth in SAIC's Annual Report on Form 10-K and other such filings that SAIC makes with the SEC from time to time, which may be viewed or obtained through the Investor Relations section of our web site at www.saic.com . Due to such uncertainties and risks, readers are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof.
https://finance.yahoo.com/news/saic-awarded-116-million-navy-111500732.html
GO SAIC
"PEACE"
Free Post Earnings Research Report: SAIC's Revenues Surged 6.5%; EPS Advanced 4.6%
LONDON, UK / ACCESSWIRE / July 10, 2018 / If you want access to our free earnings report on Science Applications International Corp. (NYSE: SAIC) ("SAIC"), all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=SAIC. The Company reported its financial results on June 12, 2018, for the first quarter of the fiscal year 2019. The Reston, Virginia-based Company surpassed analysts' estimates for revenues and earnings in Q1 FY19. Register today and get access to over 1,000 Free Research Reports by joining our site below:
www.active-investors.com/registration-sg
Active-Investors.com is focused on giving you timely information and the inside line on companies that matter to you. This morning, Science Applications International most recent news is on our radar and our team decided to put out a fantastic report on the company that is now available for free below:
www.active-investors.com/registration-sg/?symbol=SAIC
Earnings Highlights and Summary
For the first quarter ended May 04, 2018, SAIC's revenues improved 6.5% to $1.18 billion compared to $1.10 billion in Q1 FY18, primarily due to revenues on new contracts mainly supporting NASA and the Environmental Protection Agency (EPA), and increased orders in its supply chain portfolio. The Company's revenue numbers exceeded analysts’ expectations of $1.12 billion.
During Q1 FY19, SAIC incurred cost of revenues of $1.07 billion versus $1.01 billion in Q1 FY18, increasing 6.7% on a y-o-y basis. The Company's selling, general, and administrative expenses (SG&A) rose 6.1% to $35.0 million in the reported quarter compared to $33.0 million in the same period of the prior fiscal year.
For the reported quarter, SAIC's operating income advanced 4.8% to $66.0 million compared to $63.0 million in the prior year's corresponding period. The Company’s operating margin slightly declined to 5.6% in Q1 FY19 versus 5.7% in Q1 FY18.
SAIC's earnings before interest, tax, depreciation, and amortization (EBITDA) increased 4.1% to $76.0 million in Q1 FY19 compared to $73.0 million in Q1 FY18. The Company's EBITDA as percentage of revenues dropped to 6.5% in Q1 FY19 compared to 6.6% in Q1 FY18.
SAIC's net income was $49.0 million in the reported quarter, the same as in the year ago comparable period. The Company reported diluted earnings per share (EPS) of $1.13 in Q1 FY19, up by 4.6% from $1.08 in Q1 FY18, beating analysts’ estimates of $1.12.
Operating Metrics
SAIC's net bookings were approximately $1 billion in Q1 FY19, which reflected a book-to-bill ratio of 0.8. For the reported quarter, the Company estimated a backlog of signed business orders of approximately $10 billion, of which $1.9 billion was funded.
Cash Matters
As of May 04, 2018, SAIC had cash and cash equivalents of $152.0 million compared to $218.0 million as of May 05, 2017. The Company had a long-term debt, net of current portion, of $971.0 million as of May 04, 2018, versus $983.0 million as of February 02, 2018.
For the reported quarter, SAIC generated a cash inflow from operating activities of $88.0 million, the same as in the year ago corresponding period. The Company had a free cash flow of $82.0 million as of May 04, 2018, compared to $84.0 million as of May 05, 2017.
During the reported quarter, SAIC utilized $54.0 million of its capital; consisting of $32.0 million in share repurchases (412 thousand shares), $14.0 million in cash dividends, and $8.0 million in term loan repayment.
Stock Performance Snapshot
July 09, 2018 - At Monday's closing bell, Science Applications International's stock rose 1.63%, ending the trading session at $84.86.
Volume traded for the day: 188.45 thousand shares.
Stock performance in the last three-month - up 4.25%; previous six-month period - up 8.81%; past twelve-month period - up 19.22%; and year-to-date - up 10.83%
After yesterday's close, Science Applications International's market cap was at $3.60 billion.
Price to Earnings (P/E) ratio was at 22.97.
The stock has a dividend yield of 1.46%.
The stock is part of the Technology sector, categorized under the Information Technology Services industry. This sector was up 0.7% at the end of the session.
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https://finance.yahoo.com/news/free-post-earnings-research-report-110500961.html
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"PEACE"
Why Science Applications (SAIC) is Such a Great Value Stock Pick Right Now
[Zacks]
Zacks Equity Research
,Zacks•June 25, 2018
Value investing is always a very popular strategy, and for good reason. After all, who doesn’t want to find stocks that have low PEs, solid outlooks, and decent dividends?
Fortunately for investors looking for this combination, we have identified a strong candidate which may be an impressive value; Science Applications International Corporation SAIC.
Science Applications in Focus
SAIC may be an interesting play thanks to its forward PE of 18.37, its P/S ratio of 0.77, and its decent dividend yield of 1.5%. These factors suggest that Science Applications is a pretty good value pick, as investors have to pay a relatively low level for each dollar of earnings, and that SAIC has decent revenue metrics to back up its earnings.
SCIENCE APPLICATIONS INTERNATIONAL CORPORATION PE Ratio (TTM)
SCIENCE APPLICATIONS INTERNATIONAL CORPORATION PE Ratio (TTM) | SCIENCE APPLICATIONS INTERNATIONAL CORPORATION Quote
But before you think that Science Applicationsis just a pure value play, it is important to note that it has been seeing solid activity on the earnings estimate front as well. For current year earnings, the consensus has gone up by 4.2% in the past 60 days, thanks to five upward revisions in the past two months compared to none lower.
This estimate strength is actually enough to push SAIC to a Zacks Rank #2 (Buy), suggesting it is poised to outperform. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
So really, Science Applications is looking great from a number of angles thanks to its PE below 20, a P/S ratio below one, and a strong Zacks Rank, meaning that this company could be a great choice for value investors at this time.
https://finance.yahoo.com/news/why-science-applications-saic-great-132901397.html
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"PEACE"
SAIC Looks Promising on Deal Wins & Higher Federal Budget
On Jun 20, Science Applications International Corp. SAIC was upgraded to Zacks Rank #1 (Strong Buy). The upgrade reflects the company’s high-value contract wins and positive earnings estimate revisions.
Notably, the Zacks Consensus Estimate for fiscal 2019 earnings increased approximately 4% to $4.46 per share over the last 30 days. Similarly, for fiscal 2020, the consensus estimate increased 7.1% to $4.81 per share over the same time frame.
Moreover, Science Applications surpassed the Zacks Consensus Estimate thrice in the trailing four quarters. It has an average positive earnings surprise of 16.5%.
Key Catalyst
Science Applications is performing well on the back of new contracts from NASA, the Environmental Protection Agency (EPA) and an increased number of orders in the company’s supply chain. This is supported by the fact that the company has a TTM book-to-bill ratio of 1.4. Its revenues increased 6.5% from the year-ago quarter to $1.175 billion in first-quarter fiscal 2019.
Going ahead, higher spending as proposed in the latest federal government budget is anticipated to accelerate the pace of contract awards, which, in turn, will aid Science Applications’ top-line growth.
We are also positive about the company’s ongoing investments in differentiating solutions and platform integrations, which are expected to reap long-term benefits, though these are proving to be a drag on margins currently.
In addition, its cost-reduction program is expected to benefit the company significantly. The company’s 2018 restructuring plan, which included voluntary and involuntary terminations and consolidation of existing leased facilities, is anticipated to generate cost savings of approximately $20 million annually.
SCIENCE APPLICATIONS INTERNATIONAL CORPORATION Price and EPS Surprise
SCIENCE APPLICATIONS INTERNATIONAL CORPORATION Price and EPS Surprise | SCIENCE APPLICATIONS INTERNATIONAL CORPORATION Quote
Other Stocks to Consider
Some other top-ranked stocks in the broader technology sector are Sabre Corporation SABR, Mercury Systems Inc MRCY and Vishay Intertechnology, Inc. VSH, all sporting a Zacks Rank #1. You can see the complete list of today’s Zacks #1 Rank stocks here.
Long-term earnings growth rate for Sabre, Mercury Systems and Vishay Intertechnology is estimated to be 7.2%, 10.4% and 6.1%, respectively.
Today's Stocks from Zacks' Hottest Strategies
It's hard to believe, even for us at Zacks. But while the market gained +21.9% in 2017, our top stock-picking screens have returned +115.0%, +109.3%, +104.9%, +98.6%, and +67.1%.
And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - 2017, the composite yearly average gain for these strategies has beaten the market more than 19X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation.
https://finance.yahoo.com/news/saic-looks-promising-deal-wins-135701921.html
GO SAIC
"PEACE"
SAIC vs. NOW: Which Stock Should Value Investors Buy Now?
Investors looking for stocks in the Computers - IT Services sector might want to consider either SAIC (SAIC) or ServiceNow (NOW). But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.
Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The Zacks Rank favors stocks with strong earnings estimate revision trends, and our Style Scores highlight companies with specific traits.
SAIC and ServiceNow are sporting Zacks Ranks of #2 (Buy) and #3 (Hold), respectively, right now. This system places an emphasis on companies that have seen positive earnings estimate revisions, so investors should feel comfortable knowing that SAIC is likely seeing its earnings outlook improve to a greater extent. However, value investors will care about much more than just this.
Value investors also tend to look at a number of traditional, tried-and-true figures to help them find stocks that they believe are undervalued at their current share price levels.
The Style Score Value grade factors in a variety of key fundamental metrics, including the popular P/E ratio, P/S ratio, earnings yield, cash flow per share, and a number of other key stats that are commonly used by value investors.
SAIC currently has a forward P/E ratio of 18.16, while NOW has a forward P/E of 1,452.12. We also note that SAIC has a PEG ratio of 3.63. This popular figure is similar to the widely-used P/E ratio, but the PEG ratio also considers a company's expected EPS growth rate. NOW currently has a PEG ratio of 55.85.
Another notable valuation metric for SAIC is its P/B ratio of 10.48. The P/B ratio is used to compare a stock's market value with its book value, which is defined as total assets minus total liabilities. For comparison, NOW has a P/B of 38.05.
Based on these metrics and many more, SAIC holds a Value grade of A, while NOW has a Value grade of F.
SAIC sticks out from NOW in both our Zacks Rank and Style Scores models, so value investors will likely feel that SAIC is the better option right now.
https://www.yahoo.com/finance/news/saic-vs-now-stock-value-134501639.html
GO SAIC
"PEACE"
SAIC Awarded Position on the General Services Administration Alliant 2 Governmentwide Acquisition Contract
RESTON, Va.--(BUSINESS WIRE)--
Science Applications International Corp. (NYSE: SAIC) was awarded a position on the General Services Administration’s Alliant 2 Governmentwide Acquisition Contract (GWAC) to provide information technology support services.
Alliant 2 is an unrestricted multiple-award, indefinite delivery, indefinite quantity contract that has a five-year base period, a five-year option, and a $50 billion ceiling value. SAIC is one of 60 awardees.
“Alliant 2 offers a ‘best-in-class’ solution for IT services for our federal, civilian, and defense customers,” said SAIC Chief Operating Officer Nazzic Keene. “GSA’s approach offers a government-wide solution to provide current, cutting-edge IT services to government agencies. We are proud to be among the companies selected to deliver these critical IT services.”
Alliant 2 GWAC provides flexible access to customized IT solutions from a large, diverse pool of industry partners. Under the contract, SAIC will provide a full range of comprehensive IT services and IT services-based solutions.
About SAIC
SAIC is a premier technology integrator providing full life cycle services and solutions in the technical, engineering, intelligence, and enterprise information technology markets. SAIC is Redefining Ingenuity through its deep customer and domain knowledge to enable the delivery of systems engineering and integration offerings for large, complex projects. SAIC’s more than 15,000 employees are driven by integrity and mission focus to serve customers in the U.S. federal government. Headquartered in Reston, Virginia, SAIC has annual revenues of approximately $4.5 billion. For more information, visit saic.com. For ongoing news, please visit our newsroom.
Certain statements in this announcement constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties and a number of factors could cause our actual results, performance, achievements, or industry results to be very different from the results, performance, or achievements expressed or implied by such forward-looking statements. Some of these factors include, but are not limited to, the risk factors set forth in SAIC's Annual Report on Form 10-K and other such filings that SAIC makes with the SEC from time to time, which may be viewed or obtained through the Investor Relations section of our web site at www.saic.com . Due to such uncertainties and risks, readers are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof.
https://finance.yahoo.com/news/saic-awarded-position-general-services-201500884.html
"PEACE"
After A Mixed Q1 Print, Drexel Hamilton Says SAIC Shares Are Fairly Valued
Science Applications International Corp (NYSE: SAIC) reported Tuesday after the close with above-consensus first-quarter revenue and adjusted earnings per share.
The Analyst
Drexel Hamilton analyst Brian Ruttenbur downgraded SAIC from Buy to Hold.
The Thesis
SAIC's Q1 book-to-bill ratio was at a weak 8 times, and the guidance for fiscal 2019 is in line with its long-term growth plans for low-single digit revenue growth and 10-20-basis point margin expansion, Ruttenbur said in a Wednesday note.
The analyst characterized the Q1 results as mixed given "weak" bookings and an EBITDA figure that arrived $8 million below Drexel Hamilton's estimate.
The sell-side firm lowered its fiscal 2019 revenue estimate from $4.6 billion to $4.5 billion and its adjusted EPS estimate from $4.33 to $4.25. Ruttenbur maintained the 2020 revenue estimate at $4.7 billion, but lowered the adjusted 2020 EPS estimate from $4.76 to $4.66.
SAIC's free cash flow projection of $250 million for fiscal 2019 and beyond is solid, the analyst said.
SAIC shares trade at 14.6 times its FY19 EV/EBITDA guidance, a premium to the peer average of 12 times, Ruttenbur said.
"We believe shares of SAIC should trade at a premium to its peers due to the company's above peer growth," the analyst said.
"However, at current levels, we believe shares of SAIC are fairly valued."
The Price Action
SAIC shares were plunging 6.6 percent to $82.27 at the time of publication Wednesday morning.
https://www.yahoo.com/finance/news/mixed-q1-print-drexel-hamilton-140802295.html
"PEACE"
SAIC: Fiscal 1Q Earnings Snapshot
Associated Press Associated Press 3 hours ago
RESTON, Va. (AP) _ Science Applications International Corp. (SAIC) on Tuesday reported fiscal first-quarter earnings of $49 million.
The Reston, Virginia-based company said it had net income of $1.13 per share.
The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.02 per share.
The information technology company posted revenue of $1.18 billion in the period, also exceeding Street forecasts. Five analysts surveyed by Zacks expected $1.12 billion.
SAIC shares have increased 15 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $88.08, a rise of 8 percent in the last 12 months.
https://www.yahoo.com/finance/news/saic-fiscal-1q-earnings-snapshot-202119618.html
GO SAIC
"PEACE"
What does Science Applications International Corporation’s (NYSE:SAIC) Balance Sheet Tell Us About Its Future?
Small-caps and large-caps are wildly popular among investors; however, mid-cap stocks, such as Science Applications International Corporation (NYSE:SAIC) with a market-capitalization of US$3.73B, rarely draw their attention. However, history shows that overlooked mid-cap companies have performed better on a risk-adjusted manner than the smaller and larger segment of the market. Let’s take a look at SAIC’s debt concentration and assess their financial liquidity to get an idea of their ability to fund strategic acquisitions and grow through cyclical pressures. Note that this information is centred entirely on financial health and is a top-level understanding, so I encourage you to look further into SAIC here. See our latest analysis for Science Applications International
How does SAIC’s operating cash flow stack up against its debt?
Over the past year, SAIC has maintained its debt levels at around US$1.02B made up of current and long term debt. At this constant level of debt, SAIC’s cash and short-term investments stands at US$144.00M , ready to deploy into the business. Additionally, SAIC has produced US$217.00M in operating cash flow over the same time period, leading to an operating cash to total debt ratio of 21.19%, signalling that SAIC’s debt is appropriately covered by operating cash. This ratio can also be interpreted as a measure of efficiency as an alternative to return on assets. In SAIC’s case, it is able to generate 0.21x cash from its debt capital.
Does SAIC’s liquid assets cover its short-term commitments?
At the current liabilities level of US$695.00M liabilities, it seems that the business has maintained a safe level of current assets to meet its obligations, with the current ratio last standing at 1.37x. Usually, for IT companies, this is a suitable ratio as there’s enough of a cash buffer without holding too capital in low return investments.
NYSE:SAIC Historical Debt Jun 12th 18
NYSE:SAIC Historical Debt Jun 12th 18
Is SAIC’s debt level acceptable?
SAIC is a highly-leveraged company with debt exceeding equity by over 100%. This is not uncommon for a mid-cap company given that debt tends to be lower-cost and at times, more accessible. We can check to see whether SAIC is able to meet its debt obligations by looking at the net interest coverage ratio. A company generating earnings before interest and tax (EBIT) at least three times its net interest payments is considered financially sound. In SAIC’s, case, the ratio of 6.11x suggests that interest is appropriately covered, which means that lenders may be less hesitant to lend out more funding as SAIC’s high interest coverage is seen as responsible and safe practice.
Next Steps:
SAIC’s cash flow coverage indicates it could improve its operating efficiency in order to meet demand for debt repayments should unforeseen events arise. However, the company exhibits an ability to meet its near term obligations should an adverse event occur. Keep in mind I haven’t considered other factors such as how SAIC has been performing in the past. You should continue to research Science Applications International to get a better picture of the stock by looking at:
https://finance.yahoo.com/news/does-science-applications-international-corporation-112415628.html
"PEACE"
Free Post Earnings Research Report: SAIC’s Net Income Surged 51%; Beat Forecasts
[ACCESSWIRE]
ACCESSWIREApril 27, 2018
Stock Monitor: Atlassian Post Earnings Reporting
LONDON, UK / ACCESSWIRE / April 27, 2018 / Active-Investors.com has just released a free earnings report on Science Applications International Corp. (NYSE: SAIC) ("SAIC"). If you want access to this report all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=SAIC. The Company released its fourth quarter fiscal 2017 (Q4 FY17) and full fiscal year 2017 (FY17) on March 29, 2018. The Reston, Virginia-based Company's revenues and net income rose 10% and 51% y-o-y, respectively; topping market consensus estimates. Register today and get access to over 1000 Free Research Reports by joining our site below:
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Active-Investors.com is focused on giving you timely information and the inside line on companies that matter to you. This morning, Science Applications International most recent news is on our radar and our team decided to put out a fantastic report on the company that is now available for free below:
www.active-investors.com/registration-sg/?symbol=SAIC
Earnings Highlights and Summary
During Q4 FY17, SAIC's total revenues came in at $1.13 billion, 10% higher than the $1.02 billion recorded in Q4 FY16. The Company's total revenue numbers for Q4 FY17 also topped market consensus expectations of $1.07 billion.
The information technology Company's net income rose to $51 million, or $1.16 per diluted share, in Q4 FY17 from $35 million, or $0.77 per diluted share, in the prior year's same quarter. Furthermore, Wall Street had expected the Company to report an adjusted net income of $0.81 per diluted share.
For FY17, SAIC's total revenues were $4.45 billion compared to $4.44 billion in FY16. The Company's net income rose to $179 million, or $4.02 per diluted share, in FY17, up from $143 million, or $3.12 per diluted share, in FY16.
Operating Metrics
The Reston, Virginia-based Company's operating expenses were $1.02 billion in Q4 FY17 compared to $919 million in Q4 FY16. The Company spent $45 million on selling, general, and administrative expenses in Q4 FY17 compared to $46 million in Q4 FY16. The Company's operating income came in at $62 million in the reported quarter versus $59 million in the prior year's comparable quarter. The Company's operating income as a percentage of net sales improved to 5.5% in Q4 FY17 from 5.8% in Q4 FY16. For Q4 FY17, SAIC's earnings before interest, tax, depreciation, and amortization (EBITDA) came in at $74 million, or 6.6% of revenues, compared to $71 million, or 6.9% of revenues, in Q4 FY16. Furthermore, the Company reported an adjusted EBITDA of $83 million, or 7.4% of revenues, in Q4 FY17 compared to $71 million, or 6.9% of revenues, in Q4 FY16. The Company's strong EBITDA margin performance was primarily driven by lower selling, general, and administrative expenses (SG&A), due to efficiencies across the operating structure, offset by lower net favorable changes in estimates on contracts accounted for under the percentage-of-completion method.
SAIC's net bookings were approximately $0.6 billion in Q4 FY17, which translated into a book-to-bill ratio of approximately 1.5. At the close of the reported quarter, the Company had approximately $10.2 billion as backlog of signed business orders, of which $2.0 billion was funded.
Cash Flow and Balance Sheet
For the three months ended February 02, 2018, the Company's net cash provided by operating activities was $84 million compared to $62 million in the fourth quarter of FY16. The Company's free cash flow was $77 million during Q4 FY17 versus $58 million in the previous year's comparable quarter. As on February 02, 2018, the Company had cash equivalents and restricted cash balance of $152 million compared to $218 million as on February 03, 2017. Furthermore, the Company reported a long-term debt of $983 million as on February 02, 2018, compared to $1.02 billion as on February 03, 2017.
https://finance.yahoo.com/news/free-post-earnings-research-report-111000516.html
GO SAIC
"PEACE"
Edited Transcript of SAIC earnings conference call or presentation 29-Mar-18 12:00pm GMT
Thomson Reuters StreetEvents•April 26, 2018
Q4 2018 Science Applications International Corp Earnings Call
MCLEAN Apr 26, 2018 (Thomson StreetEvents) -- Edited Transcript of Science Applications International Corp earnings conference call or presentation Thursday, March 29, 2018 at 12:00:00pm GMT
https://finance.yahoo.com/news/edited-transcript-saic-earnings-conference-231931975.html
"PEACE"
SAIC to Manage NASA’s IT Infrastructure Under New Web Services Support Task Order
[Business Wire]
Business WireApril 24, 2018
RESTON, Va.--(BUSINESS WIRE)--
Science Applications International Corp. (SAIC) will now manage NASA’s cloud-based web services under a new task order to provide the agency with various web support services. The task order was awarded under the NASA Enterprise Applications Service Technologies (EAST) 2 Master Agreement. It is worth approximately $58 million and will span roughly seven years, if all options are exercised. The task order will be managed in Huntsville, Alabama, however, work
will be performed across the country.
https://finance.yahoo.com/news/saic-manage-nasa-infrastructure-under-111500032.html
GO SAIC
"PEACE"
SAIC Awarded $73 Million Task Order by SPAWAR
[Business Wire]
Business Wire•April 23, 2018
RESTON, Va.--(BUSINESS WIRE)--
The U.S. Navy's Space and Naval Warfare Systems Command (SPAWAR) awarded Science Applications International Corp. (SAIC) a task order to provide architecture and systems engineering support services to the Office of the Chief Engineer (CHENG) (SPAWAR 5.0), the Fleet Readiness Directorate (FRD), and various C4ISR programs and offices.
GO SAIC
"PEACE"
Science Applications International (SAIC) Shares March Higher, Can It Continue?
https://www.yahoo.com/finance/news/science-applications-international-saic-shares-135601635.html
"PEACE"
Science Applications International Corporation (SAIC) Q4 2018 Earnings Conference Call Transcript
https://finance.yahoo.com/news/science-applications-international-corporation-saic-142000799.html
"PEACE"
SAIC tops Street 4Q forecasts
RESTON, Va. (AP) _ Science Applications International Corp. (SAIC) on Thursday reported fiscal fourth-quarter net income of $51 million.
The Reston, Virginia-based company said it had profit of $1.16 per share.
The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 81 cents per share.
The information technology company posted revenue of $1.13 billion in the period, which also topped Street forecasts. Four analysts surveyed by Zacks expected $1.07 billion.
For the year, the company reported profit of $179 million, or $4.02 per share. Revenue was nearly unchanged at $4.45 billion..
https://finance.yahoo.com/news/saic-tops-street-4q-forecasts-105930967.html
"PEACE"
SAIC......As the year begins anew, the first contract announcement comes through.
SAIC Awarded Next Generation IT Services Operations Services Blanket Purchase Agreement and $74 Million Task Order by the U.S. Department of Health and Human Services
https://finance.yahoo.com/news/saic-awarded-next-generation-services-211500994.html
MORE TO COME..................
GO SAIC
"PEACE"
SAIC:
Free Post Earnings Research Report: Science Applications’ Revenue Grew 2.8%; EPS Surged 7.7%
https://finance.yahoo.com/news/free-post-earnings-research-report-122000793.html
....And what about future growth prospects?
GO SAIC
"PEACE"
$$$$$$$$$$$$$$$$ MONEY MADE $$$$$$$$$$$$$$$$$
SAIC....
Moving into the New Year stabilizing, setting up for the next movements towards more and more profits gained effective and effieciently.
GO SAIC
"PEACE"
$$$$$$ MONEY MADE $$$$$$
Edited Transcript of SAIC earnings conference call or presentation 7-Dec-17 10:00pm GMT
https://finance.yahoo.com/news/edited-transcript-saic-earnings-conference-072618396.html
Science Applications (SAIC) Beats Q3 Earnings Estimates
https://finance.yahoo.com/news/science-applications-saic-beats-q3-132101512.html
GO SAIC
LEAN, MEAN AND GREEN
SAIC tops Street 3Q forecasts
[Associated Press]
Associated PressDecember 8, 2017
MCLEAN, Va. (AP) _ Science Applications International Corp. (SAIC) on Thursday reported fiscal third-quarter earnings of $43 million.
The McLean, Virginia-based company said it had net income of 97 cents per share.
The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 85 cents per share.
The information technology company posted revenue of $1.15 billion in the period, also exceeding Street forecasts. Four analysts surveyed by Zacks expected $1.11 billion.
SAIC shares have dropped 11 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $75.43, a fall of 8 percent in the last 12 months.
https://finance.yahoo.com/news/saic-tops-street-3q-forecasts-212321301.html
GO SAIC
"PEACE:
GREEN IS KING AT ANY LEVEL!!!!!!!!!!
Has Science Applications International Corporation (SAIC) Improved Earnings Growth In Recent Times?
Were SAIC’s earnings stronger than its past performances and the industry?
".......I like to use data from the most recent 12 months, which annualizes the most recent half-year data, or in some cases, the latest annual report is already the most recent financial year data. This blend allows me to examine different companies in a uniform manner using the most relevant data points. For Science Applications International, the most recent twelve-month earnings is $163.0M, which, against the prior year’s level, has increased by 23.64%. Given that these figures are somewhat myopic, I’ve computed an annualized five-year figure for SAIC’s net income, which stands at $143.0M. This means that, generally, Science Applications International has been able to steadily grow its earnings over the past few years as well........."
https://finance.yahoo.com/news/science-applications-saic-q3-earnings-145102998.html
https://simplywall.st/stocks/us/software/nyse-saic/science-applications-international#health?l=4&t=cnfg_cresbeznapr_lnubb&s=1&id=209939&utm_source=yahoo&utm_medium=finance_user<=Conc_ticker&utm_campaign=Conc_ticker&unique_symbol=NYSE:SAIC
GO SAIC
"PEACE"
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=136561018
SAIC Schedules Third Quarter Fiscal Year 2018 Earnings Release and Conference Call for December 7 at 5 p.m. Eastern Time
https://finance.yahoo.com/news/saic-schedules-third-quarter-fiscal-113000902.html
SAIC.....So let's review. As SAIC approaches its next reporting quarter, analysts emphasis has been on the possible inability of the company to generate enough future review to sustain continued growth, even though they have been profitable for all quarters throughout the year, up to this point:
FROM LATEST TO LAST FISCAL YEAR 2018 CONTRACTS:
1) $980 Million Contract (The General Services Administration (GSA)
2) $93 Million Contract (U.S. Cyber Command (USCYBERCOM)
3) $43 Million Contract (The United States Department of Agriculture (USDA)
4) $250 Million Contract blanket purchase agreement by the (U.S. Department of Agriculture (USDA)for providing enterprise level security support and architecture services.
5) $165 million information technology (IT) contract from the Commonwealth of Virginia
6) $621 million (if all options are exercised) from the General Services Administration (GSA) Federal Systems Integration and Management Center (FEDSIM)
7) $404 million Contract, the GSA, on behalf of the Army Software Engineering Directorate (SED)(if all options are exercised)
8) $39 Million Contract (Space and Naval Warfare Systems Center Atlantic)
9) $48 Million Task Order by the National Institute of Mental Health
$2.643 Billion in contract futures so far and more to come.
Science Applications International Corporation (SAIC) Delivered A Better ROE Than The Industry, Here’s Why
With an ROE of 47.38%, Science Applications International Corporation (NYSE:SAIC) outpaced its own industry which delivered a less exciting 14.79% over the past year. While the impressive ratio tells usRead More..
https://finance.yahoo.com/news/science-applications-international-corporation-saic-202612612.html
...And yet the share price was sliding?...Don't believe the de-hyping of this company.
GO SAIC
"PEACE"
Absolutely Outstanding
SAIC, after continued revenue growth throughout the year, to included this next reporting quarter Dec. 7-10, the company will show a continued trend of profit growth going forward.
....And with $2.63 Billion dollars of contracts acquired so far, throughout the last few quarter, to included current quarter as well, nay-saying analyst worry's of revenue growth for the future will prove unfounded.
The stocks share price should be ready for a significant rise upwards, into and following this reporting quarter.
ALMOST GUARANTEED!
GO SAIC
"PEACE"
Science Applications International Corp. – Value Analysis (NYSE:SAIC) : November 13, 2017
Capitalcube gives Science Applications International Corp. a score of 59.
Our analysis is based on comparing Science Applications International Corp. with the following peers – Cognizant Technology Solutions Corporation Class A, Benefitfocus, Inc., Guidewire Software, Inc. and Splunk Inc. (CTSH-US, BNFT-US, GWRE-US and SPLK-US).
Investment Outlook
Science Applications International Corp. has a fundamental score of 59 and has a relative valuation of UNDERVALUED......
http://www.capitalcube.com/blog/index.php/science-applications-international-corp-value-analysis-nysesaic-november-13-2017/?yptr=yahoo
...Of course it is.
GO SAIC
"PEACE"
SAIC Schedules Third Quarter Fiscal Year 2018 Earnings Release and Conference Call for December 7 at 5 p.m. Eastern Time
https://finance.yahoo.com/news/saic-schedules-third-quarter-fiscal-113000902.html
SAIC.....So let's review. As SAIC approaches its next reporting quarter, analysis emphasis has been on the possible inability of the company to generate enough future review to sustain continued growth, even though they have been profitable for all quarters throughout the year, up to this point:
FROM LATEST TO LAST FISCAL YEAR 2018 CONTRACTS:
1) $980 Million Contract (The General Services Administration (GSA)
2) $93 Million Contract (U.S. Cyber Command (USCYBERCOM)
3) $43 Million Contract (The United States Department of Agriculture (USDA)
4) $250 Million Contract blanket purchase agreement by the (U.S. Department of Agriculture (USDA)for providing enterprise level security support and architecture services.
5) $165 million information technology (IT) contract from the Commonwealth of Virginia
6) $621 million (if all options are exercised) from the General Services Administration (GSA) Federal Systems Integration and Management Center (FEDSIM)
7) $404 million Contract, the GSA, on behalf of the Army Software Engineering Directorate (SED)(if all options are exercised)
8) $39 Million Contract (Space and Naval Warfare Systems Center Atlantic)
9) $48 Million Task Order by the National Institute of Mental Health
$2.643 Billion in contract futures so far and more to come.
Science Applications International Corporation (SAIC) Delivered A Better ROE Than The Industry, Here’s Why
With an ROE of 47.38%, Science Applications International Corporation (NYSE:SAIC) outpaced its own industry which delivered a less exciting 14.79% over the past year. While the impressive ratio tells usRead More..
https://finance.yahoo.com/news/science-applications-international-corporation-saic-202612612.html
...And yet the share price is sliding?...Don't believe the de-hyping of this company.
GO SAIC
"PEACE"
Absolutely Outstanding
SAIC Awarded $980 Million ‘Battlefield Systems’ Contract by U.S. Army
RESTON, Va.--(BUSINESS WIRE)--
The General Services Administration (GSA), on behalf of the U.S. Army Software Engineering Directorate (SED), awarded Science Applications International Corp. (SAIC) the Battlefield Systems task order worth approximately $980 million.
Awarded under the GSA One Acquisition Solution for Integrated Services (OASIS) contract vehicle, the task order has a one-year period of performance, two one-year options, and work will be performed at the Army’s SED in Redstone Arsenal, Alabama.
“For more than 20 years, SAIC has provided critical technologies to warfighters in the field. We are proud to continue our support to SED, ensuring our nation’s warfighters have the tools they need to successfully complete their missions,” said Jim Scanlon, SAIC senior vice president and general manager of the Defense Systems Customer Group.
Under the contract, SAIC will help field new technologies to warfighters in the field and provide systems engineering and computer resource engineering services to SED, the Aviation and Missile Research, Development, and Engineering Center (AMRDEC), and the Army Research, Development and Engineering Command (USA RDECOM). SED customers include Department of Defense components and other federal government agencies..........
https://finance.yahoo.com/news/saic-awarded-980-million-battlefield-113000418.html
GO SAIC
"PEACE"
SAIC Back on the move.
https://finance.yahoo.com/quote/SAIC/?p=SAIC
GO SAIC
"PEACE"
I am so greeeeeeeeeeeeeeeeeeeeeeeeen!
SAIC was making a move again, but then.......Profit taking, nothing wrong with that or expect to see another form 4 filing from some distant COO?
Either way in the weeks to come, it will be rising hugely into the Dec. earnings reporting week early.
GO SAIC
"PEACE"
SAIC Awarded $93 Million USCYBERCOM Task Order
RESTON, Va.--(BUSINESS WIRE)--
U.S. Cyber Command (USCYBERCOM) awarded Science Applications International Corp. (SAIC) a task order worth approximately $93 million to support the Directorate of Operations (J3) Joint Operations Center and Special Programs. The task order has a one-year base period of performance and four one-year option periods.
“USCYBERCOM’s strategic cyberspace environment is complex and rapidly evolving. SAIC is proud to support the J3 by helping to coordinate and synchronize offensive and defense cyberspace operations that aim to protect our nation 24 hours a day, seven days a week, 365 days a year,” said Mark Escobar, senior vice president and general manager of the National Security Customer Group. “This important, new task order and our current work supporting USCENTCOM Joint Cyber Centers (JCC) positions SAIC as a leader in the cyber operations space. Our Cyber Institute trainers and Cyber Operations team look forward to bringing innovation and value to USCYBERCOM.”
USCYBERCOM provides joint warfighter support, Command and Control (C2) of the global Cyber Mission Force (CMF), mission assurance, and force sustainment and growth. The J3 optimizes planning, integration, coordination, execution and force management of the cyber warfare mission in support of the Joint warfighter.
Under the contract, SAIC will support USCYBERCOM in securing, operating, and defending the Department of Defense Information Network (DODIN). SAIC will assist USCYBERCOM by coordinating, synchronizing, and deconflicting Department of Defense (DoD) cyber forces and DoD Cyberspace Operations. Additionally, SAIC will integrate operational planning efforts for full-spectrum cyberspace operations, participate in the planning process for joint exercises, and assist in the development of J3 training objectives, priorities, and plans for exercises
https://finance.yahoo.com/news/saic-awarded-93-million-uscybercom-103000975.html
GO SAIC
"PEACE"
Hence the reason for the stall from the recent upsurge in pricing.
https://ih.advfn.com/p.php?pid=nmona&article=75853140
Pause before more moves upward.
GO SAIC
"PEACE"
Science Applications International Corp. breached its 50 day moving average in a Bullish Manner : SAIC-US : October 6, 2017
Categories: ETFs Yahoo FinanceGet full CapitalCube analysis *Disclaimer : This is as of previous day’s closing price. Technical Indicators Below is a quick look at 5 technical indicators for Science Applications International Corp.. More studies are available on the Technical Chart. Indicator Signal Closing Price above/below 50 Day Moving Average Bullish Closing Price above/below 200 Day Moving Average ... Read more (Read more...)
http://www.capitalcube.com/blog/index.php/science-applications-international-corp-breached-its-50-day-moving-average-in-a-bullish-manner-saic-us-october-6-2017/?yptr=yahoo
GO SAIC
"PEACE"
SAIC Declares Quarterly Cash Dividend
"Science Applications International Corp. (SAIC), announced today that its Board of Directors has authorized and declared a regular quarterly cash dividend of $0.31 per share. The cash dividend is payable on October 27, 2017 to stockholders of record on October 13, 2017....."
https://finance.yahoo.com/news/saic-declares-quarterly-cash-dividend-200500189.html
GO SAIC
"PEACE"
Science Applications International Corporation (SAIC) Delivered A Better ROE Than The Industry, Here’s Why
"With an ROE of 47.38%, Science Applications International Corporation (NYSE:SAIC) outpaced its own industry which delivered a less exciting 14.79% over the past year. While the impressive ratio tells us that SAIC has made significant profits from little equity capital, ROE doesn’t tell us if SAIC has borrowed debt to make this happen. We’ll take a closer look today at factors like financial leverage to determine whether SAIC’s ROE is actually sustainable. Check out our latest analysis for Science Applications International......"
https://finance.yahoo.com/news/science-applications-international-corporation-saic-202612612.html
GO SAIC
"PEACE"
SAIC Awarded $250 Million USDA Contract
https://finance.yahoo.com/news/saic-awarded-250-million-usda-103000259.html
GO SAIC
"PEACE"
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