Leidos (NYSE:LDOS) was upgraded by equities research analysts at ValuEngine from a “sell” rating to a “hold” rating in a research note issued to investors on Monday, February 4th.
A number of other analysts also recently issued reports on LDOS. Zacks Investment Research raised Leidos from a “sell” rating to a “hold” rating in a research report on Friday, January 25th. Argus lowered their target price on Leidos from $80.00 to $70.00 and set a “buy” rating on the stock in a research report on Monday, October 29th. Finally, Cowen reissued a “buy” rating and set a $77.00 price target on shares of Leidos in a research report on Wednesday, October 17th. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Leidos currently has an average rating of “Buy” and a consensus target price of $74.60.
LDOS stock opened at $64.98 on Monday. The stock has a market cap of $9.43 billion, a price-to-earnings ratio of 14.84, a price-to-earnings-growth ratio of 1.50 and a beta of 1.64. Leidos has a 1-year low of $50.33 and a 1-year high of $72.30. The company has a debt-to-equity ratio of 0.92, a quick ratio of 1.16 and a current ratio of 1.38.
Leidos (NYSE:LDOS) last issued its quarterly earnings results on Tuesday, February 19th. The aerospace company reported $1.10 EPS for the quarter, beating analysts’ consensus estimates of $1.07 by $0.03. The company had revenue of $2.65 billion for the quarter, compared to analyst estimates of $2.66 billion. Leidos had a return on equity of 19.68% and a net margin of 5.70%. The company’s quarterly revenue was up 5.2% compared to the same quarter last year. During the same period in the previous year, the company posted $0.87 earnings per share. Analysts predict that Leidos will post 4.53 earnings per share for the current year.
Several hedge funds have recently modified their holdings of the stock. Advisory Services Network LLC boosted its stake in shares of Leidos by 163.6% in the fourth quarter. Advisory Services Network LLC now owns 2,407 shares of the aerospace company’s stock valued at $126,000 after buying an additional 1,494 shares during the period. Cetera Advisor Networks LLC lifted its stake in Leidos by 44.2% during the fourth quarter. Cetera Advisor Networks LLC now owns 18,065 shares of the aerospace company’s stock worth $949,000 after purchasing an additional 5,533 shares during the last quarter. Lunia Capital LP lifted its stake in Leidos by 7.2% during the fourth quarter. Lunia Capital LP now owns 329,609 shares of the aerospace company’s stock worth $17,377,000 after purchasing an additional 22,010 shares during the last quarter. National Pension Service lifted its stake in Leidos by 223.4% during the fourth quarter. National Pension Service now owns 5,776 shares of the aerospace company’s stock worth $360,000 after purchasing an additional 3,990 shares during the last quarter. Finally, Hancock Whitney Corp lifted its stake in Leidos by 12.7% during the fourth quarter. Hancock Whitney Corp now owns 7,311 shares of the aerospace company’s stock worth $385,000 after purchasing an additional 824 shares during the last quarter. Institutional investors and hedge funds own 72.69% of the company’s stock.
Leidos Holdings, Inc provides services and solutions in the defense, intelligence, civil, and health markets primarily in the United States. The company 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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