Wells Fargo Keeps Their Hold Rating on Science Applications (SAIC)

By Carrie Williams

Wells Fargo analyst Edward Caso maintained a Hold rating on Science Applications (SAICResearch Report) today. The company’s shares closed yesterday at $64.56.

Caso has an average return of 10.4% when recommending Science Applications.

According to TipRanks.com, Caso is ranked #3257 out of 5142 analysts.

Science Applications has an analyst consensus of Moderate Buy, with a price target consensus of $83.75.

See today’s analyst top recommended stocks >>

Based on Science Applications’ latest earnings release for the quarter ending October 31, the company reported a quarterly revenue of $1.18 billion and net profit of $48 million. In comparison, last year the company earned revenue of $1.15 billion and had a net profit of $43 million.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Science Applications International Corp. engages in the provision of engineering, systems integration and information technology services. It offers technology and equipment platform integration; maintenance of ground and maritime systems; logistics; training and simulation; operation and program support services; and end-to-end services spanning the design, development, integration, deployment, management and operations, sustainment and security of its customer’s information technology infrastructure. The company was founded by J. Robert Beyster in 1969 and is headquartered in McLean, VA.