Leidos Holdings, Inc. (NYSE:LDOS) Given Consensus Recommendation of “Hold” by Brokerages

Shares of Leidos Holdings, Inc. (NYSE:LDOS) have earned a consensus rating of “Hold” from the seventeen ratings firms that are presently covering the firm, Marketbeat.com reports. Ten investment analysts have rated the stock with a hold recommendation, six have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is $163.80.

LDOS has been the subject of several recent research reports. JPMorgan Chase & Co. reduced their price target on Leidos from $210.00 to $160.00 and set an “overweight” rating for the company in a research report on Monday, July 13th. Argus upgraded Leidos to a “strong-buy” rating in a research report on Tuesday, March 31st. TD Cowen dropped their price objective on shares of Leidos from $160.00 to $115.00 and set a “hold” rating on the stock in a research note on Tuesday, July 7th. BNP Paribas Exane began coverage on shares of Leidos in a report on Wednesday, May 27th. They set an “outperform” rating and a $165.00 target price for the company. Finally, Bank of America reiterated a “neutral” rating and issued a $125.00 target price (down from $200.00) on shares of Leidos in a research note on Wednesday, June 17th.

Insider Buying and Selling at Leidos

In other Leidos news, Director Gary Stephen May sold 1,484 shares of the company’s stock in a transaction dated Thursday, May 7th. The shares were sold at an average price of $132.75, for a total value of $197,001.00. Following the completion of the transaction, the director owned 10,137 shares in the company, valued at approximately $1,345,686.75. This represents a 12.77% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 0.77% of the company’s stock.

Institutional Investors Weigh In On Leidos

A number of institutional investors have recently modified their holdings of LDOS. Longview Financial Advisors Inc. purchased a new position in Leidos during the first quarter worth approximately $26,000. JFS Wealth Advisors LLC increased its position in shares of Leidos by 77.6% in the fourth quarter. JFS Wealth Advisors LLC now owns 151 shares of the aerospace company’s stock valued at $27,000 after buying an additional 66 shares in the last quarter. Hantz Financial Services Inc. increased its position in shares of Leidos by 94.7% in the fourth quarter. Hantz Financial Services Inc. now owns 148 shares of the aerospace company’s stock valued at $27,000 after buying an additional 72 shares in the last quarter. Hilton Head Capital Partners LLC acquired a new position in shares of Leidos during the 4th quarter worth approximately $28,000. Finally, Rakuten Securities Inc. raised its stake in shares of Leidos by 110.5% during the 4th quarter. Rakuten Securities Inc. now owns 160 shares of the aerospace company’s stock worth $29,000 after buying an additional 84 shares during the period. 76.12% of the stock is currently owned by institutional investors and hedge funds.

Leidos Price Performance

Shares of LDOS opened at $115.03 on Thursday. The business’s 50-day moving average is $114.13 and its two-hundred day moving average is $148.73. The company has a market capitalization of $14.47 billion, a P/E ratio of 10.53, a P/E/G ratio of 1.64 and a beta of 0.54. Leidos has a fifty-two week low of $98.86 and a fifty-two week 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 the consensus estimate of $2.88 by $0.25. Leidos had a return on equity of 31.92% and a net margin of 8.15%.The business had revenue of $4.40 billion during the quarter, compared to analysts’ expectations of $4.28 billion. During the same quarter in the previous year, the firm posted $2.97 EPS. The company’s revenue for the quarter was up 3.7% on a year-over-year basis. Leidos has set its FY 2026 guidance at 12.100-12.500 EPS. Research analysts predict that Leidos will post 12.3 earnings per share for the current year.

Leidos Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th were issued a $0.43 dividend. The ex-dividend date of this dividend was Monday, June 15th. This represents a $1.72 dividend on an annualized basis and a yield of 1.5%. Leidos’s payout ratio is presently 15.75%.

About Leidos

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.