Leidos Holdings, Inc. (NYSE:LDOS) Receives Consensus Rating of “Moderate Buy” from Brokerages

by · The Cerbat Gem

Shares of Leidos Holdings, Inc. (NYSE:LDOS – Get Free Report) have received an average rating of “Moderate Buy” from the twelve research firms that are covering the firm, Marketbeat.com reports. Two investment analysts have rated the stock with a hold recommendation and ten have issued a buy recommendation on the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is $146.08.

A number of research analysts have issued reports on LDOS shares. Barclays increased their target price on shares of Leidos from $145.00 to $160.00 and gave the stock an “overweight” rating in a research report on Monday, May 6th. StockNews.com raised shares of Leidos from a “buy” rating to a “strong-buy” rating in a research report on Saturday, May 4th. Stifel Nicolaus upped their target price on shares of Leidos from $160.00 to $165.00 and gave the company a “buy” rating in a research note on Monday, June 24th. Jefferies Financial Group raised their target price on shares of Leidos from $130.00 to $135.00 and gave the stock a “hold” rating in a research note on Wednesday, April 10th. Finally, Royal Bank of Canada raised their price target on Leidos from $120.00 to $140.00 and gave the stock a “sector perform” rating in a research report on Wednesday, May 1st.

Get Our Latest Stock Report on Leidos

Insider Activity at Leidos

In other news, insider Roy E. Stevens sold 875 shares of the business’s stock in a transaction that occurred on Friday, May 24th. The stock was sold at an average price of $150.67, for a total value of $131,836.25. Following the completion of the sale, the insider now directly owns 44,149 shares in the company, valued at $6,651,929.83. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.96% of the stock is owned by company insiders.

Institutional Investors Weigh In On Leidos

Several institutional investors and hedge funds have recently modified their holdings of LDOS. Farmers & Merchants Trust Co of Chambersburg PA acquired a new position in shares of Leidos during the 4th quarter worth about $28,000. Lindbrook Capital LLC raised its stake in shares of Leidos by 209.0% during the 4th quarter. Lindbrook Capital LLC now owns 275 shares of the aerospace company’s stock worth $30,000 after buying an additional 186 shares in the last quarter. Benjamin F. Edwards & Company Inc. purchased a new position in shares of Leidos during the 4th quarter worth approximately $35,000. Tidemark LLC purchased a new position in shares of Leidos during the 4th quarter worth approximately $41,000. Finally, Friedenthal Financial purchased a new position in Leidos in the 4th quarter valued at approximately $43,000. Hedge funds and other institutional investors own 76.12% of the company’s stock.

Leidos Stock Down 0.8 %

LDOS stock opened at $145.51 on Wednesday. The company has a debt-to-equity ratio of 1.07, a current ratio of 1.35 and a quick ratio of 1.24. Leidos has a 52-week low of $87.70 and a 52-week high of $151.32. The company has a 50-day moving average of $145.67 and a two-hundred day moving average of $129.08. The stock has a market capitalization of $19.67 billion, a price-to-earnings ratio of 62.72, a price-to-earnings-growth ratio of 1.50 and a beta of 0.68.

Leidos (NYSE:LDOS – Get Free Report) last released its quarterly earnings results on Tuesday, April 30th. The aerospace company reported $2.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.70 by $0.59. Leidos had a net margin of 2.04% and a return on equity of 25.66%. The company had revenue of $3.98 billion during the quarter, compared to analysts’ expectations of $3.82 billion. During the same period in the prior year, the company earned $1.47 earnings per share. The business’s quarterly revenue was up 7.5% compared to the same quarter last year. As a group, equities research analysts anticipate that Leidos will post 8.75 EPS for the current year.

Leidos Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Friday, June 14th were given a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a yield of 1.04%. The ex-dividend date was Friday, June 14th. Leidos’s dividend payout ratio is currently 65.52%.

About Leidos

(Get Free Report

Leidos Holdings, Inc, together with its subsidiaries, provides services and solutions in the defense, intelligence, civil, and health markets in the United States and internationally. The company operates through Defense Solutions, Civil, and Health segments. The Defense Solutions segment offers national security solutions and systems for air, land, sea, space, and cyberspace for the U.S.

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