Research Analysts Issue Forecasts for Leidos FY2025 Earnings

Leidos Holdings, Inc. (NYSE:LDOS) – Equities researchers at Cantor Fitzgerald issued their FY2025 earnings per share (EPS) estimates for Leidos in a research note issued on Tuesday, February 25th. Cantor Fitzgerald analyst C. Canfield anticipates that the aerospace company will post earnings of $9.77 per share for the year. Cantor Fitzgerald has a “Strong-Buy” rating on the stock. The consensus estimate for Leidos’ current full-year earnings is $10.62 per share.

Several other equities analysts have also recently issued reports on the company. Royal Bank of Canada raised their price target on Leidos from $145.00 to $180.00 and gave the company a “sector perform” rating in a report on Wednesday, October 30th. Robert W. Baird raised their target price on shares of Leidos from $180.00 to $218.00 and gave the company an “outperform” rating in a research note on Wednesday, October 30th. TD Cowen downgraded shares of Leidos from a “buy” rating to a “hold” rating and dropped their price target for the stock from $200.00 to $165.00 in a research note on Wednesday, January 8th. StockNews.com raised shares of Leidos from a “buy” rating to a “strong-buy” rating in a research note on Thursday, February 20th. Finally, Truist Financial dropped their target price on shares of Leidos from $185.00 to $165.00 and set a “buy” rating for the company in a research report on Wednesday, February 12th. Six equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, Leidos currently has a consensus rating of “Moderate Buy” and an average price target of $175.87.

Leidos Stock Down 0.9 %

Shares of LDOS opened at $129.52 on Thursday. The firm has a market capitalization of $16.99 billion, a price-to-earnings ratio of 14.02, a PEG ratio of 1.65 and a beta of 0.66. Leidos has a 52 week low of $123.22 and a 52 week high of $202.90. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.13 and a current ratio of 1.21. The business’s fifty day moving average price is $143.16 and its two-hundred day moving average price is $156.44.

Leidos (NYSE:LDOS) last posted its quarterly earnings data on Tuesday, February 11th. The aerospace company reported $2.37 earnings per share for the quarter, beating the consensus estimate of $2.24 by $0.13. Leidos had a net margin of 7.53% and a return on equity of 30.93%.

Hedge Funds Weigh In On Leidos

Hedge funds have recently modified their holdings of the stock. Assenagon Asset Management S.A. grew its stake in Leidos by 14.5% in the third quarter. Assenagon Asset Management S.A. now owns 4,980 shares of the aerospace company’s stock valued at $812,000 after purchasing an additional 632 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. grew its stake in shares of Leidos by 38.2% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 8,930 shares of the aerospace company’s stock valued at $1,426,000 after buying an additional 2,467 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in Leidos by 16.1% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 41,957 shares of the aerospace company’s stock worth $6,839,000 after buying an additional 5,823 shares during the last quarter. State of Alaska Department of Revenue increased its holdings in Leidos by 6.5% during the third quarter. State of Alaska Department of Revenue now owns 15,650 shares of the aerospace company’s stock worth $2,550,000 after buying an additional 950 shares during the last quarter. Finally, Pallas Capital Advisors LLC bought a new stake in Leidos during the third quarter worth $364,000. Institutional investors own 76.12% of the company’s stock.

Insiders Place Their Bets

In other news, Director Robert C. Kovarik, Jr. sold 1,511 shares of Leidos stock in a transaction that occurred on Thursday, February 13th. The shares were sold at an average price of $134.56, for a total value of $203,320.16. Following the sale, the director now directly owns 6,408 shares in the company, valued at $862,260.48. This trade represents a 19.08 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Gary Stephen May sold 2,128 shares of the business’s stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $131.24, for a total transaction of $279,278.72. Following the completion of the sale, the director now directly owns 11,264 shares in the company, valued at approximately $1,478,287.36. This represents a 15.89 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.96% of the company’s stock.

Leidos Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, March 14th will be given a $0.40 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $1.60 annualized dividend and a yield of 1.24%. Leidos’s dividend payout ratio is currently 17.32%.

About Leidos

Leidos Holdings, Inc, together with its subsidiaries, provides services and solutions in the defense, intelligence, civil, and health markets in the United States and internationally. The company operates through Defense Solutions, Civil, and Health segments. The Defense Solutions segment offers national security solutions and systems for air, land, sea, space, and cyberspace for the U.S.