Leidos (NYSE:LDOS) Sets New 1-Year Low – Here’s What Happened

Leidos Holdings, Inc. (NYSE:LDOS) hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as $121.20 and last traded at $123.9450, with a volume of 65538 shares trading hands. The stock had previously closed at $124.39.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on LDOS shares. Citigroup decreased their price target on shares of Leidos from $232.00 to $178.00 and set a “buy” rating for the company in a research report on Thursday, May 7th. Bank of America decreased their price target on shares of Leidos from $235.00 to $200.00 and set a “buy” rating for the company in a research report on Tuesday, April 21st. Wall Street Zen cut shares of Leidos from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. Stifel Nicolaus decreased their price target on shares of Leidos from $205.00 to $193.00 and set a “hold” rating for the company in a research report on Wednesday, May 6th. Finally, Argus raised shares of Leidos to a “strong-buy” rating in a research report on Tuesday, March 31st. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, Leidos currently has a consensus rating of “Moderate Buy” and an average target price of $193.64.

Leidos Price Performance

The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.29 and a current ratio of 1.40. The stock has a market cap of $15.55 billion, a price-to-earnings ratio of 11.30, a price-to-earnings-growth ratio of 1.60 and a beta of 0.56. The business’s fifty day simple moving average is $151.03 and its 200 day simple moving average is $174.15.

Leidos (NYSE:LDOS) last issued its quarterly earnings data on Tuesday, May 5th. The aerospace company reported $3.13 EPS for the quarter, topping analysts’ consensus estimates of $2.88 by $0.25. Leidos had a net margin of 8.15% and a return on equity of 31.92%. The firm had revenue of $4.40 billion for the quarter, compared to analyst estimates of $4.28 billion. During the same quarter in the previous year, the business posted $2.97 EPS. The firm’s revenue was up 3.7% compared to the same quarter last year. Leidos has set its FY 2026 guidance at 12.100-12.500 EPS. Research analysts predict that Leidos Holdings, Inc. will post 12.25 EPS for the current fiscal year.

Leidos Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be paid a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date is Monday, June 15th. Leidos’s dividend payout ratio is 15.75%.

Insider Transactions at Leidos

In other news, Director Gary Stephen May sold 1,484 shares of the company’s stock in a transaction dated Thursday, May 7th. The shares were sold at an average price of $132.75, for a total value of $197,001.00. Following the sale, the director owned 10,137 shares in the company, valued at approximately $1,345,686.75. This represents a 12.77% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Elizabeth A. Porter sold 2,000 shares of the company’s stock in a transaction dated Tuesday, April 7th. The shares were sold at an average price of $158.78, for a total transaction of $317,560.00. Following the completion of the sale, the insider owned 49,476 shares in the company, valued at approximately $7,855,799.28. This trade represents a 3.89% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.77% of the company’s stock.

Institutional Investors Weigh In On Leidos

A number of institutional investors have recently modified their holdings of the stock. Western Wealth Management LLC acquired a new stake in shares of Leidos in the 1st quarter valued at about $42,000. Arkadios Wealth Advisors raised its stake in shares of Leidos by 0.8% in the 1st quarter. Arkadios Wealth Advisors now owns 25,432 shares of the aerospace company’s stock valued at $3,955,000 after purchasing an additional 212 shares in the last quarter. Amundi raised its stake in Leidos by 5.0% during the first quarter. Amundi now owns 151,463 shares of the aerospace company’s stock worth $23,556,000 after acquiring an additional 7,256 shares during the period. Talon Private Wealth LLC acquired a new stake in Leidos during the first quarter worth about $1,827,000. Finally, Empowered Funds LLC raised its stake in Leidos by 169.0% during the first quarter. Empowered Funds LLC now owns 144,847 shares of the aerospace company’s stock worth $22,527,000 after acquiring an additional 90,991 shares during the period. Institutional investors and hedge funds own 76.12% of the company’s stock.

Leidos Company Profile

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.