SAIC Inc. (SAI) is a FORTUNE 500 Scientific, Engineering and Technology Applications company that uses its deep domain and mission knowledge to support the customer’s entire life cycle.
Knowledge to solve problems of vital importance to the nation and the world, in National Security, Energy and the Environment, Critical Infrastructures, and Health.
Revenues for FY11 totaled $11.1 billion, an increase of 2 percent over FY10. Operating income was $958 million (8.6 percent of revenue), up 10 percent from $867 million (8.0 percent of revenue) in the prior fiscal year.
Diluted earnings per share from continuing operations for the year were $1.51, up 22 percent from $1.24 in FY10. Cash flow from continuing operations was $737 million, up 19 percent from $620 million in the prior fiscal year.
52-Week High (Apr 28, 2011) 17.65
Earnings Est. Per Share for Year Jan 2012
Earnings Est. Average $1.44
Earnings Est. Average $1.50
SAI has Sales Growth of 3.00%, a forecasted Earnings Growth Rate of 5.00% and good Corporate Governance.
As the U.S moves out of the war in the Middle East, it is projected that more of the U.S security demands will be placed and outsourced to companies. SAIC is poised for greater top line growth.