Brokerages Set Leidos Holdings, Inc. (NYSE:LDOS) Price Target at $125.36

Leidos Holdings, Inc. (NYSE:LDOSGet Free Report) has been given a consensus rating of “Moderate Buy” by the eleven brokerages that are currently covering the firm, Marketbeat reports. One research analyst has rated the stock with a hold recommendation and ten have issued a buy recommendation on the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $129.91.

LDOS has been the topic of a number of research analyst reports. Truist Financial boosted their target price on Leidos from $115.00 to $135.00 and gave the stock a “buy” rating in a research report on Wednesday, February 14th. Bank of America upped their price objective on Leidos from $125.00 to $145.00 and gave the company a “buy” rating in a research report on Wednesday. TheStreet upgraded Leidos from a “c” rating to a “b” rating in a research report on Tuesday, February 13th. Barclays upgraded Leidos from an “equal weight” rating to an “overweight” rating in a research report on Friday, January 5th. Finally, StockNews.com upgraded Leidos from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, February 14th.

Check Out Our Latest Analysis on Leidos

Insider Buying and Selling

In other Leidos news, Director David G. Fubini sold 7,874 shares of the company’s stock in a transaction dated Wednesday, March 13th. The stock was sold at an average price of $127.89, for a total transaction of $1,007,005.86. Following the completion of the sale, the director now directly owns 14,696 shares in the company, valued at $1,879,471.44. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Leidos news, Director Gary Stephen May sold 2,745 shares of the company’s stock in a transaction dated Wednesday, February 21st. The stock was sold at an average price of $124.49, for a total transaction of $341,725.05. Following the completion of the sale, the director now directly owns 11,352 shares in the company, valued at $1,413,210.48. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director David G. Fubini sold 7,874 shares of the company’s stock in a transaction dated Wednesday, March 13th. The stock was sold at an average price of $127.89, for a total value of $1,007,005.86. Following the sale, the director now owns 14,696 shares of the company’s stock, valued at $1,879,471.44. The disclosure for this sale can be found here. 0.96% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Leidos

A number of large investors have recently modified their holdings of LDOS. Private Advisor Group LLC grew its stake in shares of Leidos by 56.7% in the first quarter. Private Advisor Group LLC now owns 6,633 shares of the aerospace company’s stock valued at $716,000 after buying an additional 2,399 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its stake in shares of Leidos by 6.6% in the first 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 buying an additional 1,163 shares in the last quarter. U.S. Capital Wealth Advisors LLC acquired a new stake in shares of Leidos in the first quarter valued at about $211,000. Raymond James Trust N.A. grew its stake in shares of Leidos by 56.6% in the first quarter. Raymond James Trust N.A. now owns 5,897 shares of the aerospace company’s stock valued at $637,000 after buying an additional 2,131 shares in the last quarter. Finally, Blair William & Co. IL acquired a new stake in Leidos during the 1st quarter valued at approximately $221,000. Institutional investors and hedge funds own 76.12% of the company’s stock.

Leidos Trading Up 0.9 %

Shares of LDOS stock opened at $130.57 on Monday. The business’s fifty day moving average price is $120.87 and its 200 day moving average price is $108.34. Leidos has a 1-year low of $76.58 and a 1-year high of $130.73. The firm has a market capitalization of $17.64 billion, a PE ratio of 91.95, a P/E/G ratio of 2.04 and a beta of 0.70. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.34 and a quick ratio of 1.24.

Leidos (NYSE:LDOSGet Free Report) last posted its earnings results on Tuesday, February 13th. The aerospace company reported $1.99 EPS for the quarter, topping analysts’ consensus estimates of $1.74 by $0.25. The company had revenue of $3.98 billion for the quarter, compared to the consensus estimate of $3.81 billion. Leidos had a return on equity of 22.92% and a net margin of 1.29%. Leidos’s quarterly revenue was up 7.7% compared to the same quarter last year. During the same period in the previous year, the business earned $1.83 earnings per share. As a group, sell-side analysts forecast that Leidos will post 7.75 EPS for the current fiscal year.

Leidos Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 28th. Investors of record on Friday, March 15th will be given a dividend of $0.38 per share. The ex-dividend date of this dividend is Thursday, March 14th. This represents a $1.52 annualized dividend and a yield of 1.16%. Leidos’s dividend payout ratio (DPR) is presently 107.04%.

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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Analyst Recommendations for Leidos (NYSE:LDOS)

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