With 1.19 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.81 million shares. The 52-week range on SAIC shows that it touched its highest point at $156.34 and its lowest point at $94.68 during that stretch. It currently has a 1-year price target of $120.90. With its current market cap of 4.88 billion, SAIC has annualized dividend of $1.48 while the current yield stands at 1.43%. Beta for the stock currently stands at 0.52.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of SAIC was down-trending over the past week, with a drop of -13.76%, but this was down by -12.33% over a month. Three-month performance surged to 2.38% while six-month performance fell -16.11%. The stock lost -22.29% in the past year, while it has lost -7.47% so far this year. A look at the trailing 12-month EPS for SAIC yields 7.14 with Next year EPS estimates of 10.19. For the next quarter, that number is 2.24. This implies an EPS growth rate of 0.54% for this year and 11.02% for next year. EPS is expected to grow by 7.39% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 13.35%.
Float and Shares Shorts:
At present, 47.00 million SAIC shares are outstanding with a float of 46.88 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SAIC since 7 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 3 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $8.1593 being high and $7.8089 being low. For SAIC, this leads to a yearly average estimate of $7.91903. Based on analyst estimates, the high estimate for the next quarter is $2.7 and the low estimate is $2.38. The average estimate for the next quarter is thus $2.55.
