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

Leidos Holdings, Inc. (NYSE:LDOS) has been given an average recommendation of “Moderate Buy” by the fourteen analysts that are covering the firm, Marketbeat.com reports. Five equities research analysts have rated the stock with a hold recommendation and nine have given a buy recommendation to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $213.0909.

Several brokerages recently issued reports on LDOS. Bank of America lifted their price target on shares of Leidos from $200.00 to $235.00 and gave the company a “buy” rating in a report on Friday, November 7th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $230.00 price objective on shares of Leidos in a report on Wednesday, November 5th. Wall Street Zen upgraded shares of Leidos from a “buy” rating to a “strong-buy” rating in a research note on Saturday. UBS Group set a $204.00 target price on Leidos in a report on Thursday, January 15th. Finally, Truist Financial restated a “buy” rating and set a $220.00 price target (up from $200.00) on shares of Leidos in a research report on Tuesday, November 4th.

Leidos Trading Down 0.1%

LDOS stock opened at $188.04 on Thursday. Leidos has a 1-year low of $123.62 and a 1-year high of $205.77. The company has a current ratio of 1.62, a quick ratio of 1.50 and a debt-to-equity ratio of 0.94. The business’s 50 day moving average is $188.96 and its 200-day moving average is $185.07. The firm has a market cap of $24.04 billion, a P/E ratio of 17.54, a P/E/G ratio of 1.31 and a beta of 0.59.

Leidos (NYSE:LDOS) last announced its quarterly earnings results on Tuesday, November 4th. The aerospace company reported $3.05 EPS for the quarter, beating the consensus estimate of $2.61 by $0.44. Leidos had a return on equity of 33.02% and a net margin of 8.11%.The business had revenue of $4.47 billion for the quarter, compared to analyst estimates of $4.28 billion. Equities analysts anticipate that Leidos will post 10.62 earnings per share for the current fiscal year.

Insider Activity

In related news, insider Elizabeth A. Porter sold 3,000 shares of the company’s stock in a transaction dated Tuesday, January 20th. The shares were sold at an average price of $192.21, for a total transaction of $576,630.00. Following the transaction, the insider owned 38,575 shares in the company, valued at $7,414,500.75. This represents a 7.22% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.69% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Leidos

A number of institutional investors have recently modified their holdings of the stock. First Pacific Financial acquired a new stake in shares of Leidos in the second quarter valued at approximately $27,000. JFS Wealth Advisors LLC increased its stake in shares of Leidos by 77.6% in the 4th quarter. JFS Wealth Advisors LLC now owns 151 shares of the aerospace company’s stock valued at $27,000 after buying an additional 66 shares during the period. Mather Group LLC. bought a new stake in shares of Leidos during the third quarter worth $28,000. Raleigh Capital Management Inc. acquired a new position in shares of Leidos during the second quarter valued at $29,000. Finally, Rakuten Securities Inc. boosted its holdings in Leidos by 110.5% in the fourth quarter. Rakuten Securities Inc. now owns 160 shares of the aerospace company’s stock valued at $29,000 after acquiring an additional 84 shares during the last quarter. 76.12% of the stock is owned by institutional investors.

About Leidos

Leidos is an American technology and engineering company that provides services and solutions to government and commercial customers, with a strong focus on national security, defense, intelligence, and civil government markets. The company delivers systems integration, engineering, cybersecurity, software development, data analytics, cloud migration and managed IT services, as well as mission support for complex programs. Leidos’ work spans areas such as C4ISR (command, control, communications, computers, intelligence, surveillance and reconnaissance), secure communications, sensors and systems engineering, and health IT solutions for public-sector healthcare programs.

Leidos traces its corporate roots to Science Applications International Corporation (SAIC) and emerged as an independent, publicly traded company following a corporate separation in 2013.