Analysts Set Leidos Holdings, Inc. (LDOS) PT at $69.25

Leidos Holdings, Inc. (NYSE:LDOS) has been assigned a consensus rating of “Buy” from the twelve analysts that are presently covering the stock, Marketbeat Ratings reports. Three analysts have rated the stock with a hold recommendation and eight have issued a buy recommendation on the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $69.25.

A number of research firms recently commented on LDOS. Citigroup increased their price target on Leidos from $65.00 to $71.00 and gave the company a “buy” rating in a research report on Friday, November 3rd. Zacks Investment Research lowered Leidos from a “buy” rating to a “hold” rating in a research report on Tuesday, January 9th. TheStreet raised Leidos from a “c+” rating to a “b+” rating in a research report on Monday, October 2nd. Cowen reissued a “buy” rating and issued a $68.00 price target on shares of Leidos in a research report on Thursday, November 2nd. Finally, BidaskClub lowered Leidos from a “buy” rating to a “hold” rating in a research report on Wednesday, October 18th.

In other news, Director John P. Jumper sold 61,212 shares of the firm’s stock in a transaction on Tuesday, December 12th. The stock was sold at an average price of $64.06, for a total transaction of $3,921,240.72. Following the completion of the sale, the director now directly owns 306,709 shares of the company’s stock, valued at approximately $19,647,778.54. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Company insiders own 1.70% of the company’s stock.

Several institutional investors have recently made changes to their positions in LDOS. FMR LLC increased its position in shares of Leidos by 58.4% during the 2nd quarter. FMR LLC now owns 7,484,518 shares of the aerospace company’s stock valued at $386,874,000 after purchasing an additional 2,758,658 shares during the last quarter. State Street Corp increased its position in shares of Leidos by 20.5% during the 2nd quarter. State Street Corp now owns 4,560,128 shares of the aerospace company’s stock valued at $235,717,000 after purchasing an additional 776,462 shares during the last quarter. Janus Henderson Group PLC purchased a new stake in shares of Leidos during the 2nd quarter valued at $16,934,000. ETF Managers Group LLC purchased a new stake in shares of Leidos during the 2nd quarter valued at $16,098,000. Finally, UBS Asset Management Americas Inc. increased its position in shares of Leidos by 351.4% during the 2nd quarter. UBS Asset Management Americas Inc. now owns 394,687 shares of the aerospace company’s stock valued at $20,401,000 after purchasing an additional 307,250 shares during the last quarter. 73.50% of the stock is owned by hedge funds and other institutional investors.

Leidos (LDOS) traded down $0.05 during midday trading on Tuesday, reaching $65.87. The company had a trading volume of 132,661 shares, compared to its average volume of 707,153. The stock has a market cap of $9,960.47, a price-to-earnings ratio of 32.41, a P/E/G ratio of 1.65 and a beta of 1.69. Leidos has a twelve month low of $47.81 and a twelve month high of $67.68. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.27 and a quick ratio of 1.03.

Leidos (NYSE:LDOS) last released its quarterly earnings results on Thursday, November 2nd. The aerospace company reported $0.95 EPS for the quarter, beating analysts’ consensus estimates of $0.81 by $0.14. The business had revenue of $2.50 billion during the quarter, compared to analyst estimates of $2.55 billion. Leidos had a return on equity of 17.20% and a net margin of 3.04%. Leidos’s quarterly revenue was up 34.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.25 EPS. research analysts anticipate that Leidos will post 3.7 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Friday, December 29th. Stockholders of record on Monday, December 18th were given a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a dividend yield of 1.94%. The ex-dividend date of this dividend was Friday, December 15th. Leidos’s dividend payout ratio is presently 63.05%.

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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.

Analyst Recommendations for Leidos (NYSE:LDOS)

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