Headlines about Leidos (NYSE:LDOS) have trended somewhat positive on Wednesday, Accern Sentiment reports. The research firm ranks the sentiment of news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Leidos earned a daily sentiment score of 0.22 on Accern’s scale. Accern also gave media coverage about the aerospace company an impact score of 46.5397420570758 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
These are some of the headlines that may have effected Accern’s rankings:
- Leidos Holdings, Inc. (LDOS) Given Average Recommendation of “Buy” by Analysts (americanbankingnews.com)
- What's working: Defense stock plays (finance.yahoo.com)
- Leidos Holdings, Inc. (LDOS) Expected to Post Earnings of $1.03 Per Share (americanbankingnews.com)
- Leidos Holdings, Inc. (LDOS) stock is worth at $66.20 – Nasdaq Fortune (press release) (nasdaqfortune.com)
- Investors Alert: Leidos Holdings, Inc. (LDOS) traded with up change of 0.66% at $66.64 – Analyst Recommendation (press release) (blog) (analystrecommendation.com)
A number of equities analysts have weighed in on LDOS shares. Citigroup boosted their target price on shares of Leidos from $71.00 to $75.00 and gave the stock a “buy” rating in a research note on Monday, February 26th. Zacks Investment Research downgraded shares of Leidos from a “buy” rating to a “hold” rating in a research note on Tuesday. Jefferies Group boosted their target price on shares of Leidos from $75.00 to $80.00 and gave the stock a “buy” rating in a research note on Friday, February 23rd. Cowen reaffirmed a “buy” rating and issued a $72.00 target price on shares of Leidos in a research note on Tuesday, December 19th. Finally, Stifel Nicolaus reaffirmed a “hold” rating and issued a $68.00 target price on shares of Leidos in a research note on Tuesday, November 21st. Three equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $71.80.
Leidos (NYSE:LDOS) last posted its quarterly earnings results on Thursday, February 22nd. The aerospace company reported $0.87 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.83 by $0.04. The business had revenue of $2.52 billion during the quarter, compared to the consensus estimate of $2.57 billion. Leidos had a net margin of 3.60% and a return on equity of 17.47%. Leidos’s revenue for the quarter was down 2.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.75 earnings per share. equities analysts anticipate that Leidos will post 4.41 earnings per share for the current fiscal year.
Leidos announced that its Board of Directors has approved a stock buyback plan on Thursday, February 22nd that permits the company to repurchase 20,000,000 shares. This repurchase authorization permits the aerospace company to reacquire shares of its stock through open market purchases. Shares repurchase plans are usually a sign that the company’s board believes its shares are undervalued.
The company also recently announced a quarterly dividend, which will be paid on Friday, March 30th. Shareholders of record on Thursday, March 15th will be paid a $0.32 dividend. This represents a $1.28 annualized dividend and a yield of 1.87%. The ex-dividend date of this dividend is Wednesday, March 14th. Leidos’s payout ratio is presently 53.78%.
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Leidos Company Profile
Leidos Holdings, Inc (Leidos) is a science and technology solutions company focused on delivering solutions primarily in the areas of national security, health and engineering. The Company is a holding company whose direct 100%-owned subsidiary is Leidos, Inc, which delivers science and technology solutions in the areas of national security, health and engineering to agencies of the United States Department of Defense (DoD), the intelligence community, the United States Department of Homeland Security, and other United States Government civil agencies, state and local government agencies, foreign governments and customers across a variety of commercial markets.
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