Wall Street Zen Downgrades Leidos (NYSE:LDOS) to Hold

Leidos (NYSE:LDOS) was downgraded by analysts at Wall Street Zen from a “strong-buy” rating to a “hold” rating in a report released on Saturday.

LDOS has been the subject of a number of other reports. Robert W. Baird lowered their price target on Leidos from $215.00 to $195.00 and set a “neutral” rating for the company in a report on Wednesday, February 18th. Truist Financial reiterated a “buy” rating and set a $220.00 price target (up from $200.00) on shares of Leidos in a research report on Tuesday, November 4th. Royal Bank Of Canada decreased their price objective on shares of Leidos from $230.00 to $215.00 and set an “outperform” rating on the stock in a report on Wednesday. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Leidos in a research report on Monday, December 29th. Finally, Stifel Nicolaus dropped their target price on shares of Leidos from $220.00 to $205.00 and set a “hold” rating for the company in a report on Wednesday. Nine research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $213.27.

Leidos Stock Performance

Leidos stock opened at $173.48 on Friday. The firm has a 50 day simple moving average of $186.57 and a 200-day simple moving average of $186.77. The stock has a market cap of $21.93 billion, a price-to-earnings ratio of 15.59, a price-to-earnings-growth ratio of 1.22 and a beta of 0.59. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.70 and a quick ratio of 1.58. Leidos has a 1-year low of $123.62 and a 1-year high of $205.77.

Leidos (NYSE:LDOS) last released its quarterly earnings results on Tuesday, February 17th. The aerospace company reported $2.76 EPS for the quarter, beating the consensus estimate of $2.57 by $0.19. The firm had revenue of $4.21 billion for the quarter, compared to analyst estimates of $4.31 billion. Leidos had a net margin of 8.43% and a return on equity of 32.95%. The business’s revenue for the quarter was down 3.6% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.37 EPS. Leidos has set its FY 2026 guidance at 12.050-12.450 EPS. On average, analysts expect that Leidos will post 10.62 EPS for the current year.

Insiders Place Their Bets

In other Leidos news, insider Elizabeth A. Porter sold 3,000 shares of the stock in a transaction dated Tuesday, January 20th. The stock was sold at an average price of $192.21, for a total value of $576,630.00. Following the sale, the insider owned 38,575 shares of the company’s stock, valued at $7,414,500.75. This trade represents a 7.22% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.69% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Leidos

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Wedmont Private Capital grew its holdings in Leidos by 4.6% during the 4th quarter. Wedmont Private Capital now owns 1,171 shares of the aerospace company’s stock worth $230,000 after acquiring an additional 52 shares in the last quarter. Harbor Capital Advisors Inc. lifted its position in shares of Leidos by 2.7% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 2,203 shares of the aerospace company’s stock worth $416,000 after purchasing an additional 57 shares during the last quarter. 44 Wealth Management LLC grew its stake in shares of Leidos by 1.0% during the third quarter. 44 Wealth Management LLC now owns 5,500 shares of the aerospace company’s stock worth $1,039,000 after purchasing an additional 57 shares in the last quarter. Personal CFO Solutions LLC increased its holdings in Leidos by 2.0% in the second quarter. Personal CFO Solutions LLC now owns 2,974 shares of the aerospace company’s stock valued at $469,000 after buying an additional 59 shares during the last quarter. Finally, Beacon Pointe Advisors LLC raised its stake in Leidos by 3.7% in the second quarter. Beacon Pointe Advisors LLC now owns 1,639 shares of the aerospace company’s stock valued at $259,000 after buying an additional 59 shares in the last quarter. 76.12% of the stock is owned by institutional investors and hedge funds.

Leidos Company Profile

Leidos is an American technology and engineering company that provides services and solutions to government and commercial customers, with a strong focus on national security, defense, intelligence, and civil government markets. The company delivers systems integration, engineering, cybersecurity, software development, data analytics, cloud migration and managed IT services, as well as mission support for complex programs. Leidos’ work spans areas such as C4ISR (command, control, communications, computers, intelligence, surveillance and reconnaissance), secure communications, sensors and systems engineering, and health IT solutions for public-sector healthcare programs.

Leidos traces its corporate roots to Science Applications International Corporation (SAIC) and emerged as an independent, publicly traded company following a corporate separation in 2013.