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Is Science Applications International (SAIC) Stock Undervalued Right Now?
SAICSAIC(US:SAIC) ZACKSยท2024-10-11 14:46

Core Insights - The article emphasizes the importance of earnings estimates and revisions in identifying strong stocks, while also acknowledging that investors have their own strategies [1] - Value investing is highlighted as a popular method for finding great stocks across various market conditions [2] - Zacks has developed a Style Scores system to identify stocks with specific traits, particularly focusing on the "Value" category for value investors [3] Company Analysis: Science Applications International (SAIC) - SAIC currently holds a Zacks Rank of 2 (Buy) and an A for Value, indicating strong performance potential [4] - The stock is trading at a P/E ratio of 16.32, significantly lower than the industry average P/E of 38.70 [4] - Over the past year, SAIC's Forward P/E has fluctuated between a high of 17.94 and a low of 13.35, with a median of 15.40 [4] - The P/S ratio for SAIC is 0.97, compared to the industry's average P/S of 2.08, suggesting that SAIC may be undervalued [5] - These metrics indicate that SAIC is likely undervalued and has a strong earnings outlook, making it an attractive value stock at present [6]