Leidos Holdings, Inc. (NYSE:LDOS) Receives $175.87 Consensus PT from Brokerages

Shares of Leidos Holdings, Inc. (NYSE:LDOS) have received an average recommendation of “Moderate Buy” from the sixteen ratings firms that are presently covering the firm, MarketBeat reports. Six research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price target among analysts that have covered the stock in the last year is $175.87.

Several research analysts recently weighed in on LDOS shares. Cantor Fitzgerald raised shares of Leidos to a “strong-buy” rating in a research note on Tuesday, February 25th. Truist Financial lowered their price target on Leidos from $185.00 to $165.00 and set a “buy” rating for the company in a report on Wednesday, February 12th. Wells Fargo & Company lowered their price target on Leidos from $197.00 to $191.00 and set an “overweight” rating for the company in a report on Wednesday, February 26th. William Blair cut Leidos from an “outperform” rating to a “market perform” rating in a report on Friday, February 21st. Finally, The Goldman Sachs Group cut Leidos from a “buy” rating to a “neutral” rating and lowered their price target for the company from $228.00 to $153.00 in a report on Thursday, December 12th.

Leidos Price Performance

Leidos stock opened at $134.59 on Monday. Leidos has a one year low of $123.23 and a one year 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 has a fifty day moving average of $140.42 and a two-hundred day moving average of $155.01. The company has a market cap of $17.65 billion, a P/E ratio of 14.57, a price-to-earnings-growth ratio of 1.65 and a beta of 0.72.

Leidos (NYSE:LDOS) last released its quarterly earnings results on Tuesday, February 11th. The aerospace company reported $2.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.24 by $0.13. Leidos had a return on equity of 30.93% and a net margin of 7.53%. As a group, analysts predict that Leidos will post 10.62 earnings per share for the current fiscal year.

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 paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.19%. The ex-dividend date is Friday, March 14th. Leidos’s payout ratio is 17.32%.

Insiders Place Their Bets

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

Institutional Trading of Leidos

Institutional investors have recently bought and sold shares of the stock. Rakuten Securities Inc. boosted its stake in Leidos by 1,460.0% in the 3rd quarter. Rakuten Securities Inc. now owns 156 shares of the aerospace company’s stock valued at $25,000 after buying an additional 146 shares in the last quarter. Marshall & Sterling Wealth Advisors Inc. acquired a new stake in Leidos in the 4th quarter valued at $25,000. Duncker Streett & Co. Inc. acquired a new stake in Leidos in the 4th quarter valued at $27,000. REAP Financial Group LLC boosted its stake in Leidos by 422.2% in the 4th quarter. REAP Financial Group LLC now owns 188 shares of the aerospace company’s stock valued at $27,000 after buying an additional 152 shares in the last quarter. Finally, Ashton Thomas Securities LLC acquired a new stake in Leidos in the 3rd quarter valued at $29,000. Institutional investors and hedge funds own 76.12% of the company’s stock.

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.