Leidos Holdings, Inc. (NYSE:LDOS) had its target price boosted by stock analysts at Citigroup Inc. from $65.00 to $71.00 in a research report issued on Friday, November 3rd. The brokerage presently has a “buy” rating on the aerospace company’s stock. Citigroup Inc.’s price target indicates a potential upside of 14.91% from the company’s current price.
A number of other brokerages have also recently weighed in on LDOS. Cowen and Company restated a “buy” rating and issued a $68.00 price target on shares of Leidos Holdings in a research report on Thursday, November 2nd. Wells Fargo & Company raised Leidos Holdings from a “market perform” rating to an “outperform” rating and set a $69.00 price objective on the stock in a research note on Wednesday, October 25th. BidaskClub lowered Leidos Holdings from a “buy” rating to a “hold” rating in a research note on Wednesday, October 18th. Zacks Investment Research lowered Leidos Holdings from a “buy” rating to a “hold” rating in a research note on Wednesday, October 18th. Finally, TheStreet upgraded Leidos Holdings from a “c+” rating to a “b+” rating in a report on Monday, October 2nd. One equities research analyst has rated the stock with a hold rating and eleven have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of $66.18.
Shares of Leidos Holdings (NYSE:LDOS) traded up $0.41 on Friday, reaching $61.79. The company had a trading volume of 832,800 shares, compared to its average volume of 940,972. The firm has a market capitalization of $9,285.72, a P/E ratio of 16.96, a price-to-earnings-growth ratio of 1.67 and a beta of 1.69. Leidos Holdings has a 52-week low of $47.30 and a 52-week high of $64.20. 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 Holdings (NYSE:LDOS) last posted its quarterly earnings data on Thursday, November 2nd. The aerospace company reported $0.95 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.81 by $0.14. Leidos Holdings had a return on equity of 17.20% and a net margin of 3.04%. The business had revenue of $2.50 billion during the quarter, compared to the consensus estimate of $2.55 billion. During the same period in the prior year, the company earned $1.25 earnings per share. The company’s revenue was up 34.0% compared to the same quarter last year. equities research analysts predict that Leidos Holdings will post 3.68 EPS for the current fiscal year.
In related news, VP Jerald S. Howe, Jr. purchased 2,000 shares of the firm’s stock in a transaction dated Monday, August 21st. The stock was bought at an average price of $55.32 per share, for a total transaction of $110,640.00. Following the purchase, the vice president now owns 2,000 shares in the company, valued at approximately $110,640. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Gary Stephen May sold 800 shares of the company’s stock in a transaction dated Monday, August 28th. The stock was sold at an average price of $55.75, for a total value of $44,600.00. Following the sale, the director now owns 6,680 shares of the company’s stock, valued at approximately $372,410. The disclosure for this sale can be found here. 1.70% of the stock is owned by insiders.
Institutional investors have recently bought and sold shares of the business. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Leidos Holdings by 0.9% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,975 shares of the aerospace company’s stock worth $102,000 after buying an additional 18 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. raised its holdings in shares of Leidos Holdings by 31.2% in the 2nd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 2,158 shares of the aerospace company’s stock worth $111,000 after buying an additional 513 shares in the last quarter. Bronfman E.L. Rothschild L.P. raised its holdings in shares of Leidos Holdings by 2.0% in the 2nd quarter. Bronfman E.L. Rothschild L.P. now owns 2,191 shares of the aerospace company’s stock worth $113,000 after buying an additional 44 shares in the last quarter. Oppenheimer Asset Management Inc. raised its holdings in shares of Leidos Holdings by 263.0% in the 2nd quarter. Oppenheimer Asset Management Inc. now owns 3,111 shares of the aerospace company’s stock worth $161,000 after buying an additional 2,254 shares in the last quarter. Finally, Hanseatic Management Services Inc. acquired a new position in shares of Leidos Holdings in the 2nd quarter worth approximately $174,000. 73.10% of the stock is owned by hedge funds and other institutional investors.
Leidos Holdings 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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