Media stories about Leidos Holdings (NYSE:LDOS) have been trending somewhat positive this week, according to Accern Sentiment. Accern scores the sentiment of media coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Leidos Holdings earned a news impact score of 0.10 on Accern’s scale. Accern also assigned news coverage about the aerospace company an impact score of 46.0988573775397 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Shares of Leidos Holdings (NYSE LDOS) opened at 57.68 on Wednesday. The stock’s 50 day moving average is $55.97 and its 200-day moving average is $53.85. Leidos Holdings has a 12-month low of $40.96 and a 12-month high of $58.94. The stock has a market capitalization of $8.72 billion, a price-to-earnings ratio of 25.84 and a beta of 1.71.
Leidos Holdings (NYSE:LDOS) last issued its quarterly earnings results on Thursday, August 3rd. The aerospace company reported $1.04 EPS for the quarter, beating the consensus estimate of $0.77 by $0.27. The company had revenue of $2.57 billion for the quarter, compared to the consensus estimate of $2.56 billion. Leidos Holdings had a net margin of 3.34% and a return on equity of 17.35%. The firm’s revenue was up 99.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.68 EPS. On average, analysts expect that Leidos Holdings will post $3.55 earnings per share for the current year.
The company also recently declared a quarterly dividend, which will be paid on Friday, September 29th. Investors of record on Monday, September 18th will be issued a dividend of $0.32 per share. The ex-dividend date is Friday, September 15th. This represents a $1.28 annualized dividend and a yield of 2.22%. Leidos Holdings’s payout ratio is 55.65%.
Several research firms have issued reports on LDOS. Goldman Sachs Group, Inc. (The) upgraded shares of Leidos Holdings from a “neutral” rating to a “buy” rating and upped their price target for the company from $61.00 to $68.00 in a research report on Thursday, August 10th. Cowen and Company restated a “buy” rating on shares of Leidos Holdings in a research report on Thursday, August 3rd. Zacks Investment Research lowered shares of Leidos Holdings from a “buy” rating to a “hold” rating and set a $62.00 price target for the company. in a research report on Thursday, June 15th. Jefferies Group LLC restated a “hold” rating and set a $52.00 price target on shares of Leidos Holdings in a research report on Friday, August 18th. Finally, ValuEngine upgraded shares of Leidos Holdings from a “hold” rating to a “buy” rating in a research report on Thursday, August 17th. Two analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus price target of $61.78.
In other news, VP Jerald S. Howe, Jr. purchased 2,000 shares of the business’s stock in a transaction that occurred on Monday, August 21st. The shares were bought at an average cost of $55.32 per share, for a total transaction of $110,640.00. Following the acquisition, the vice president now owns 2,000 shares of the company’s stock, valued at approximately $110,640. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Gary Stephen May sold 800 shares of the company’s stock in a transaction dated Monday, August 28th. The shares were sold at an average price of $55.75, for a total transaction of $44,600.00. Following the transaction, the director now owns 6,680 shares in the company, valued at $372,410. The disclosure for this sale can be found here. Corporate insiders own 1.70% of the company’s stock.
About Leidos Holdings
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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