Professional
Added to YB: 2024-08-01
Pitch date: 2024-06-30
SAIC [bullish]
Science Applications International Corporation
-16.18%
current return
Author Info
No bio for this author
Company Info
Science Applications International Corporation provides technical, engineering, and mission and enterprise information technology (IT) services in the United States.
Market Cap
$3.9B
Pitch Price
$114.73
Price Target
N/A
Dividend
1.64%
EV/EBITDA
8.56
P/E
11.74
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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