Brokerages Set Leidos Holdings, Inc. (NYSE:LDOS) Price Target at $193.64

Leidos Holdings, Inc. (NYSE:LDOSGet Free Report) has been given a consensus recommendation of “Moderate Buy” by the thirteen analysts that are covering the firm, MarketBeat.com reports. Six investment analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $193.6364.

LDOS has been the subject of a number of recent research reports. Weiss Ratings downgraded Leidos from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, May 6th. Wall Street Zen lowered Leidos from a “buy” rating to a “hold” rating in a research report on Saturday. Stifel Nicolaus dropped their price objective on Leidos from $205.00 to $193.00 and set a “hold” rating for the company in a report on Wednesday, May 6th. Robert W. Baird cut their target price on shares of Leidos from $215.00 to $195.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 18th. Finally, Citigroup reduced their target price on shares of Leidos from $232.00 to $178.00 and set a “buy” rating on the stock in a research note on Thursday, May 7th.

View Our Latest Report on LDOS

Insiders Place Their Bets

In other news, Director Gary Stephen May sold 1,484 shares of the firm’s stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $132.75, for a total value of $197,001.00. Following the transaction, the director directly owned 10,137 shares in the company, valued at $1,345,686.75. This trade represents a 12.77% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Elizabeth A. Porter sold 2,000 shares of Leidos stock in a transaction on Tuesday, April 7th. The stock was sold at an average price of $158.78, for a total value of $317,560.00. Following the sale, the insider directly owned 49,476 shares of the company’s stock, valued at approximately $7,855,799.28. This trade represents a 3.89% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.77% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Leidos

Several hedge funds have recently added to or reduced their stakes in LDOS. Allianz Asset Management GmbH raised its stake in Leidos by 20.1% during the 3rd quarter. Allianz Asset Management GmbH now owns 339,972 shares of the aerospace company’s stock worth $64,241,000 after buying an additional 56,905 shares during the period. LBP AM SA grew its stake in Leidos by 43.8% in the third quarter. LBP AM SA now owns 63,211 shares of the aerospace company’s stock valued at $11,944,000 after acquiring an additional 19,268 shares during the period. M&T Bank Corp increased its holdings in shares of Leidos by 2,924.4% in the fourth quarter. M&T Bank Corp now owns 405,181 shares of the aerospace company’s stock worth $73,095,000 after acquiring an additional 391,784 shares in the last quarter. Hudson Bay Capital Management LP acquired a new stake in shares of Leidos during the third quarter worth about $1,621,000. Finally, United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund raised its position in shares of Leidos by 120.4% during the third quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund now owns 11,900 shares of the aerospace company’s stock worth $2,249,000 after purchasing an additional 6,500 shares during the period. Institutional investors and hedge funds own 76.12% of the company’s stock.

Leidos Price Performance

Shares of LDOS stock opened at $123.52 on Friday. Leidos has a 52 week low of $121.53 and a 52 week high of $205.77. The stock has a market capitalization of $15.54 billion, a PE ratio of 11.31, a PEG ratio of 1.60 and a beta of 0.56. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.29 and a current ratio of 1.40. The stock’s fifty day moving average is $154.19 and its 200-day moving average is $175.60.

Leidos (NYSE:LDOSGet Free Report) last posted its quarterly earnings data on Tuesday, May 5th. The aerospace company reported $3.13 earnings per share for the quarter, topping the consensus estimate of $2.88 by $0.25. The firm had revenue of $4.40 billion during the quarter, compared to analysts’ expectations of $4.28 billion. Leidos had a net margin of 8.15% and a return on equity of 31.92%. Leidos’s revenue was up 3.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.97 EPS. Leidos has set its FY 2026 guidance at 12.100-12.500 EPS. Equities research analysts expect that Leidos will post 12.25 EPS for the current fiscal year.

Leidos Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be paid a $0.43 dividend. The ex-dividend date of this dividend is Monday, June 15th. This represents a $1.72 dividend on an annualized basis and a yield of 1.4%. Leidos’s dividend payout ratio (DPR) is presently 15.75%.

About Leidos

(Get Free Report)

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.

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Analyst Recommendations for Leidos (NYSE:LDOS)

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