Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $65.40 on SCIENCE APPLICATIONS INTERNATIONAL CORPORATION (NYSE:SAIC) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $3.27 for the next fiscal and $N/A for underway quarter.
Analysts take into account the price to earnings ratio to estimate the firm’s valuation. This ratio, which is also called as the P/E ratio evaluates the company on relative expense factor. The formula to calculate ratio is stock’s latest price/ per share earnings. The P/E ratio of SCIENCE APPLICATIONS INTERNATIONAL CORPORATION (NYSE:SAIC) stands at 24.60.
Analysts also work out Price/Earnings Growth ratio in an attempt to estimate the valuation of a firm. This ratio commonly known as the PEG ratio implies the stock’s valuation compared to earnings growth potential. Investors look to invest in the stocks with a lower PEG ratio. For SCIENCE APPLICATIONS INTERNATIO, the PEG ratio for coming 3-5 years is 3.77.
The technical analysis highlights that SCIENCE APPLICATIONS INTERNATIO current is trading $1.61 points away or +2.71% from its 50-day moving average of $59.59. Further it is trading $8.75 or +16.68% away its 200-day moving average of $52.45.
The 52-week high of SCIENCE APPLICATIONS INTERNATIONAL CORPORATION (NYSE:SAIC) was $62.25 while lowest point recorded in 52-week was $39.28. It implies if stock price makes a movement of over $-1.05, it will record a new 52-week high. In the case of +55.80% drop, it will touch a new 52-week low.
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