Leidos (NYSE:LDOS) Posts Earnings Results, Beats Estimates By $0.02 EPS


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Leidos (NYSE:LDOS) announced its quarterly earnings data on Tuesday. The aerospace company reported $1.63 EPS for the quarter, topping analysts’ consensus estimates of $1.61 by $0.02, MarketWatch Earnings reports. Leidos had a return on equity of 23.45% and a net margin of 5.10%. The business had revenue of $3.25 billion during the quarter, compared to analysts’ expectations of $3.39 billion. During the same period in the previous year, the firm earned $1.51 earnings per share. The firm’s quarterly revenue was up 10.1% compared to the same quarter last year. Leidos updated its FY 2021
Pre-Market guidance to 6.15-6.45 EPS and its FY21 guidance to $6.15-6.45 EPS.

LDOS traded down $9.76 during trading on Tuesday, reaching $94.04. The company had a trading volume of 51,532 shares, compared to its average volume of 755,758. The company has a market cap of $13.38 billion, a P/E ratio of 24.42, a PEG ratio of 1.52 and a beta of 1.05. Leidos has a 12 month low of $68.00 and a 12 month high of $115.36. The company has a debt-to-equity ratio of 1.11, a current ratio of 0.94 and a quick ratio of 0.86. The business’s fifty day moving average price is $106.90 and its 200 day moving average price is $97.43.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, March 31st. Shareholders of record on Monday, March 15th will be issued a dividend of $0.34 per share. The ex-dividend date is Friday, March 12th. This represents a $1.36 annualized dividend and a yield of 1.45%. Leidos’s dividend payout ratio (DPR) is currently 26.31%.

Separately, Credit Suisse Group boosted their target price on Leidos from $120.00 to $131.00 and gave the stock an “outperform” rating in a research report on Tuesday, November 3rd. They noted that the move was a valuation call. One equities research analyst has rated the stock with a hold rating and thirteen have issued a buy rating to the company’s stock. Leidos currently has an average rating of “Buy” and an average target price of $116.75.

Leidos Company Profile

Leidos Holdings, Inc 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.

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Earnings History for Leidos (NYSE:LDOS)

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