Leidos Holdings, Inc. (NYSE:LDOS) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of Leidos Holdings, Inc. (NYSE:LDOSGet Rating) have earned a consensus recommendation of “Moderate Buy” from the eleven ratings firms that are currently covering the company, MarketBeat Ratings reports. Two analysts have rated the stock with a hold recommendation, four have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $115.50.

A number of research firms recently weighed in on LDOS. StockNews.com upgraded shares of Leidos from a “buy” rating to a “strong-buy” rating in a report on Friday, January 13th. Morgan Stanley dropped their target price on shares of Leidos from $112.00 to $111.00 and set an “equal weight” rating on the stock in a research report on Tuesday, January 3rd. Citigroup initiated coverage on shares of Leidos in a research report on Thursday, December 8th. They set a “buy” rating and a $130.00 target price on the stock. Royal Bank of Canada lifted their target price on shares of Leidos from $105.00 to $112.00 in a research report on Friday, December 2nd. Finally, Wells Fargo & Company lifted their target price on shares of Leidos from $105.00 to $114.00 in a research report on Tuesday, November 8th.

Leidos Trading Up 1.0 %

LDOS opened at $97.30 on Wednesday. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.93 and a quick ratio of 0.86. Leidos has a fifty-two week low of $81.07 and a fifty-two week high of $111.12. The firm has a market capitalization of $13.30 billion, a PE ratio of 19.90, a P/E/G ratio of 2.49 and a beta of 0.80. The company’s 50-day moving average is $104.48 and its 200 day moving average is $99.99.

Leidos (NYSE:LDOSGet Rating) last posted its earnings results on Tuesday, November 1st. The aerospace company reported $1.59 earnings per share for the quarter, topping analysts’ consensus estimates of $1.56 by $0.03. Leidos had a net margin of 4.81% and a return on equity of 21.30%. The company had revenue of $3.61 billion for the quarter, compared to analyst estimates of $3.54 billion. As a group, research analysts predict that Leidos will post 6.36 earnings per share for the current fiscal year.

Leidos Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, December 30th. Investors of record on Thursday, December 15th were issued a $0.36 dividend. The ex-dividend date was Wednesday, December 14th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.48%. Leidos’s dividend payout ratio (DPR) is presently 29.45%.

Insider Buying and Selling

In related news, insider Roy E. Stevens sold 1,515 shares of Leidos stock in a transaction that occurred on Friday, November 4th. The shares were sold at an average price of $103.43, for a total value of $156,696.45. Following the sale, the insider now owns 24,814 shares of the company’s stock, valued at approximately $2,566,512.02. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, Director David G. Fubini sold 6,189 shares of Leidos stock in a transaction that occurred on Tuesday, December 13th. The shares were sold at an average price of $109.20, for a total value of $675,838.80. Following the completion of the transaction, the director now directly owns 12,463 shares in the company, valued at approximately $1,360,959.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Roy E. Stevens sold 1,515 shares of Leidos stock in a transaction that occurred on Friday, November 4th. The shares were sold at an average price of $103.43, for a total transaction of $156,696.45. Following the completion of the transaction, the insider now owns 24,814 shares of the company’s stock, valued at $2,566,512.02. The disclosure for this sale can be found here. In the last quarter, insiders have sold 61,145 shares of company stock valued at $6,583,348. 1.67% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the business. Private Advisor Group LLC grew its position in shares of Leidos by 56.7% during the 1st quarter. Private Advisor Group LLC now owns 6,633 shares of the aerospace company’s stock valued at $716,000 after purchasing an additional 2,399 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its position in shares of Leidos by 6.6% during the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 18,778 shares of the aerospace company’s stock valued at $2,028,000 after purchasing an additional 1,163 shares in the last quarter. U.S. Capital Wealth Advisors LLC purchased a new position in shares of Leidos during the 1st quarter valued at $211,000. Raymond James Trust N.A. grew its position in shares of Leidos by 56.6% during the 1st quarter. Raymond James Trust N.A. now owns 5,897 shares of the aerospace company’s stock valued at $637,000 after purchasing an additional 2,131 shares in the last quarter. Finally, Blair William & Co. IL purchased a new position in shares of Leidos during the 1st quarter valued at $221,000. 75.74% of the stock is currently owned by hedge funds and other institutional investors.

Leidos Company Profile

(Get Rating)

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. It operates through three segments: Defense Solutions, Civil, and Health. The Defense Solutions segment offers national security solutions and systems for air, land, sea, space, and cyberspace for the U.S.

Further Reading

Analyst Recommendations for Leidos (NYSE:LDOS)

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