Professional
Added to YB: 2024-08-01
Pitch date: 2024-06-30
SAIC [bullish]
Science Applications International Corporation
-20.98%
current return
Author Info
No bio for this author
Company Info
Science Applications International Corporation provides technical, engineering, and enterprise information technology (IT) services in the United States.
Market Cap
$3.9B
Pitch Price
$115.18
Price Target
N/A
Dividend
1.71%
EV/EBITDA
9.09
P/E
11.06
EV/Sales
0.88
Sector
Professional Services
Category
turnaround
Heartland Value Plus Fund Portfolio Holding: Science Applications International Corporation
SAIC: New CEO (ex-Microsoft) aims to improve gov contract renewals & IT demand. Self-help: increase bids & recompete rates. Internal focus: dividend growth & buybacks. 13x P/E, 8% FCF/EV yield. CEO/CFO buying shares signals confidence. Challenges: low contract renewals, IT demand. Upside: mgmt success, capital allocation.
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