Leidos Holdings Inc. (NYSE:LDOS)‘s stock had its “hold” rating restated by Jefferies Group in a report issued on Tuesday. They presently have a $44.00 price target on the stock. Jefferies Group’s target price would indicate a potential downside of 11.96% from the company’s previous close.
A number of other equities analysts have also recently issued reports on LDOS. Argus assumed coverage on shares of Leidos Holdings in a research report on Wednesday, September 7th. They set a “buy” rating and a $54.00 target price for the company. Citigroup Inc. assumed coverage on shares of Leidos Holdings in a research report on Tuesday, September 6th. They set a “buy” rating and a $47.00 target price for the company. Zacks Investment Research upgraded shares of Leidos Holdings from a “sell” rating to a “hold” rating in a research report on Tuesday, August 2nd. Credit Suisse Group AG lifted their target price on shares of Leidos Holdings from $53.00 to $55.00 and gave the stock a “neutral” rating in a research report on Tuesday, August 2nd. Finally, Wells Fargo & Co. restated a “hold” rating on shares of Leidos Holdings in a research report on Monday, July 11th. Four analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $49.50.
Leidos Holdings (NYSE:LDOS) traded up 0.56% during trading on Tuesday, hitting $49.98. 346,596 shares of the company were exchanged. Leidos Holdings has a 12 month low of $37.79 and a 12 month high of $59.52. The company has a market capitalization of $7.52 billion, a price-to-earnings ratio of 12.99 and a beta of 1.55. The company has a 50-day moving average of $44.09 and a 200-day moving average of $45.81.
Leidos Holdings (NYSE:LDOS) last released its quarterly earnings data on Thursday, November 3rd. The company reported $1.25 EPS for the quarter, topping analysts’ consensus estimates of $0.96 by $0.29. The firm had revenue of $1.87 billion for the quarter, compared to the consensus estimate of $1.90 billion. Leidos Holdings had a net margin of 5.36% and a return on equity of 18.93%. The firm’s revenue was up 43.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.73 earnings per share. Analysts forecast that Leidos Holdings will post $3.56 EPS for the current year.
In other news, Director Surya N. Mohapatra acquired 3,276 shares of the business’s stock in a transaction dated Friday, November 11th. The stock was acquired at an average price of $46.27 per share, with a total value of $151,580.52. Following the completion of the transaction, the director now directly owns 9,419 shares in the company, valued at approximately $435,817.13. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Surya N. Mohapatra acquired 3,575 shares of the business’s stock in a transaction dated Tuesday, September 13th. The stock was purchased at an average cost of $41.48 per share, with a total value of $148,291.00. Following the transaction, the director now owns 6,143 shares of the company’s stock, valued at $254,811.64. The disclosure for this purchase can be found here. 1.70% of the stock is currently owned by insiders.
Institutional investors have recently bought and sold shares of the stock. Boston Partners purchased a new position in Leidos Holdings during the third quarter worth $320,551,000. Vanguard Group Inc. raised its position in Leidos Holdings by 5.2% in the second quarter. Vanguard Group Inc. now owns 6,803,065 shares of the company’s stock worth $325,663,000 after buying an additional 337,766 shares in the last quarter. Neuberger Berman Group LLC raised its position in Leidos Holdings by 677.2% in the third quarter. Neuberger Berman Group LLC now owns 5,352,222 shares of the company’s stock worth $231,644,000 after buying an additional 4,663,578 shares in the last quarter. BlackRock Fund Advisors raised its position in Leidos Holdings by 124.6% in the third quarter. BlackRock Fund Advisors now owns 5,230,754 shares of the company’s stock worth $226,387,000 after buying an additional 2,902,068 shares in the last quarter. Finally, Ameriprise Financial Inc. raised its position in Leidos Holdings by 202.1% in the third quarter. Ameriprise Financial Inc. now owns 5,145,529 shares of the company’s stock worth $222,707,000 after buying an additional 3,442,000 shares in the last quarter. 60.85% of the stock is owned by institutional investors and hedge funds.
Leidos Holdings Company Profile