Analysts Set Leidos Holdings, Inc. (NYSE:LDOS) PT at $199.23

Leidos Holdings, Inc. (NYSE:LDOS) has earned a consensus recommendation of “Moderate Buy” from the seventeen ratings firms that are presently covering the stock, MarketBeat Ratings reports. Seven research analysts have rated the stock with a hold recommendation and ten have assigned a buy recommendation to the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $199.2308.

A number of equities research analysts have weighed in on LDOS shares. Royal Bank Of Canada restated an “outperform” rating and issued a $230.00 target price on shares of Leidos in a research report on Wednesday, November 5th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Leidos in a research note on Monday. Zacks Research downgraded shares of Leidos from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 23rd. Cantor Fitzgerald raised their target price on shares of Leidos from $185.00 to $225.00 and gave the stock an “overweight” rating in a report on Friday, October 31st. Finally, Jefferies Financial Group upgraded shares of Leidos from a “hold” rating to a “buy” rating and lifted their price target for the stock from $185.00 to $205.00 in a research report on Wednesday, August 6th.

Insider Buying and Selling at Leidos

In related news, insider Stephen Edward Hull sold 12,497 shares of Leidos stock in a transaction dated Thursday, September 4th. The stock was sold at an average price of $178.14, for a total value of $2,226,215.58. Following the transaction, the insider owned 25,817 shares of the company’s stock, valued at approximately $4,599,040.38. This trade represents a 32.62% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.96% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Harbor Capital Advisors Inc. lifted its position in shares of Leidos by 2.7% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 2,203 shares of the aerospace company’s stock valued at $416,000 after acquiring an additional 57 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 valued at $1,039,000 after purchasing an additional 57 shares during the period. Personal CFO Solutions LLC lifted its holdings in shares of 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 purchasing an additional 59 shares in the last quarter. Beacon Pointe Advisors LLC boosted its position in shares of Leidos by 3.7% in the second quarter. Beacon Pointe Advisors LLC now owns 1,639 shares of the aerospace company’s stock worth $259,000 after buying an additional 59 shares during the period. Finally, Atlantic Union Bankshares Corp boosted its position in shares of Leidos by 0.7% in the third quarter. Atlantic Union Bankshares Corp now owns 8,243 shares of the aerospace company’s stock worth $1,558,000 after buying an additional 61 shares during the period. 76.12% of the stock is currently owned by institutional investors and hedge funds.

Leidos Stock Performance

Shares of LDOS opened at $189.52 on Friday. The firm has a market capitalization of $24.23 billion, a PE ratio of 17.68, a P/E/G ratio of 1.39 and a beta of 0.69. The company has a quick ratio of 1.50, a current ratio of 1.62 and a debt-to-equity ratio of 0.94. The firm has a 50-day moving average price of $190.01 and a 200 day moving average price of $172.07. Leidos has a 52-week low of $123.62 and a 52-week high of $205.77.

Leidos (NYSE:LDOS) last released its quarterly earnings results on Tuesday, November 4th. The aerospace company reported $3.05 EPS for the quarter, topping analysts’ consensus estimates of $2.61 by $0.44. The company had revenue of $4.47 billion for the quarter, compared to the consensus estimate of $4.28 billion. Leidos had a net margin of 8.11% and a return on equity of 33.02%. Leidos has set its FY 2025 guidance at 11.450-11.75 EPS. On average, sell-side analysts anticipate that Leidos will post 10.62 earnings per share for the current fiscal year.

Leidos Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Monday, December 15th will be given a dividend of $0.43 per share. This represents a $1.72 dividend on an annualized basis and a dividend yield of 0.9%. This is a boost from Leidos’s previous quarterly dividend of $0.40. The ex-dividend date of this dividend is Monday, December 15th. Leidos’s payout ratio is presently 14.93%.

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.