TD Cowen Issues Pessimistic Forecast for Leidos (NYSE:LDOS) Stock Price

Leidos (NYSE:LDOS) had its target price lowered by equities researchers at TD Cowen from $160.00 to $115.00 in a report issued on Tuesday,Benzinga reports. The firm currently has a “hold” rating on the aerospace company’s stock. TD Cowen’s target price points to a potential upside of 6.19% from the company’s current price.

LDOS has been the subject of several other research reports. Truist Financial decreased their target price on Leidos from $220.00 to $195.00 and set a “buy” rating for the company in a research report on Monday, April 20th. Bank of America reaffirmed a “neutral” rating and set a $125.00 target price (down from $200.00) on shares of Leidos in a research note on Wednesday, June 17th. Citigroup cut their price target on Leidos from $178.00 to $138.00 and set a “buy” rating on the stock in a research note on Wednesday, July 1st. Stifel Nicolaus lowered their price objective on Leidos from $205.00 to $193.00 and set a “hold” rating for the company in a research note on Wednesday, May 6th. Finally, Weiss Ratings cut Leidos from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, June 8th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $167.69.

Leidos Trading Down 0.4%

LDOS stock traded down $0.42 on Tuesday, reaching $108.30. The company’s stock had a trading volume of 101,570 shares, compared to its average volume of 1,285,283. The firm has a market cap of $13.62 billion, a PE ratio of 9.91, a PEG ratio of 1.60 and a beta of 0.54. The business has a fifty day simple moving average of $122.07 and a two-hundred day simple moving average of $156.92. Leidos has a 12-month low of $98.86 and a 12-month high of $205.77. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.29 and a current ratio of 1.40.

Leidos (NYSE:LDOS) last issued its quarterly earnings data on Tuesday, May 5th. The aerospace company reported $3.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.88 by $0.25. Leidos had a net margin of 8.15% and a return on equity of 31.92%. The business had revenue of $4.40 billion for the quarter, compared to the consensus estimate of $4.28 billion. During the same period in the previous year, the firm earned $2.97 EPS. The company’s quarterly revenue was up 3.7% compared to the same quarter last year. Leidos has set its FY 2026 guidance at 12.100-12.500 EPS. As a group, research analysts forecast that Leidos will post 12.26 EPS for the current year.

Insider Activity at Leidos

In related news, Director Gary Stephen May sold 1,484 shares of Leidos stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $132.75, for a total value of $197,001.00. Following the completion of the sale, the director directly owned 10,137 shares in the company, valued at approximately $1,345,686.75. This trade represents a 12.77% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.77% of the stock is owned by company insiders.

Institutional Trading of Leidos

A number of institutional investors have recently made changes to their positions in LDOS. Wedmont Private Capital increased its position in Leidos by 4.6% in the fourth quarter. Wedmont Private Capital now owns 1,171 shares of the aerospace company’s stock worth $230,000 after buying an additional 52 shares in the last quarter. 44 Wealth Management LLC raised its stake in Leidos by 1.0% during the 3rd quarter. 44 Wealth Management LLC now owns 5,500 shares of the aerospace company’s stock worth $1,039,000 after acquiring an additional 57 shares during the period. MassMutual Private Wealth & Trust FSB boosted its position in shares of Leidos by 14.2% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 492 shares of the aerospace company’s stock worth $89,000 after purchasing an additional 61 shares during the period. Richardson Financial Services Inc. raised its position in shares of Leidos by 13.4% during the 4th quarter. Richardson Financial Services Inc. now owns 517 shares of the aerospace company’s stock valued at $93,000 after purchasing an additional 61 shares during the period. Finally, Bryn Mawr Trust Advisors LLC lifted its stake in shares of Leidos by 4.8% during the 4th quarter. Bryn Mawr Trust Advisors LLC now owns 1,337 shares of the aerospace company’s stock valued at $241,000 after buying an additional 61 shares in the last quarter. Hedge funds and other institutional investors own 76.12% of the company’s stock.

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.