Leidos (NYSE:LDOS) Issues Earnings Results, Beats Estimates By $0.44 EPS

Leidos (NYSE:LDOS) posted its earnings results on Tuesday. The aerospace company reported $3.05 EPS for the quarter, topping the consensus estimate of $2.61 by $0.44, Zacks reports. The company had revenue of $4.47 billion during the quarter, compared to the consensus estimate of $4.28 billion. Leidos had a net margin of 8.22% and a return on equity of 33.57%. Leidos updated its FY 2025 guidance to 11.450-11.75 EPS.

Leidos Stock Up 6.1%

LDOS traded up $11.76 during trading on Tuesday, reaching $204.81. The company had a trading volume of 507,995 shares, compared to its average volume of 1,220,235. The business’s fifty day moving average price is $186.75 and its 200 day moving average price is $168.10. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.62 and a quick ratio of 1.50. The company has a market cap of $26.28 billion, a P/E ratio of 19.37, a PEG ratio of 1.79 and a beta of 0.69. Leidos has a 12 month low of $123.62 and a 12 month high of $205.52.

Leidos Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Monday, December 15th will be paid a $0.43 dividend. The ex-dividend date of this dividend is Monday, December 15th. This is an increase from Leidos’s previous quarterly dividend of $0.40. This represents a $1.72 dividend on an annualized basis and a yield of 0.8%. Leidos’s payout ratio is presently 15.12%.

Insider Transactions at Leidos

In related news, Director Gary Stephen May sold 2,000 shares of the business’s stock in a transaction on Monday, August 11th. The shares were sold at an average price of $178.05, for a total transaction of $356,100.00. Following the transaction, the director directly owned 10,137 shares in the company, valued at approximately $1,804,892.85. The trade was a 16.48% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Gregory R. Dahlberg sold 952 shares of the company’s stock in a transaction on Monday, August 11th. The shares were sold at an average price of $177.43, for a total transaction of $168,913.36. Following the completion of the transaction, the director owned 21,068 shares in the company, valued at approximately $3,738,095.24. This represents a 4.32% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 22,975 shares of company stock valued at $4,078,740 over the last 90 days. 0.69% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Leidos

A number of institutional investors have recently modified their holdings of LDOS. MUFG Securities EMEA plc bought a new stake in Leidos during the second quarter worth about $61,000. WFA of San Diego LLC bought a new position in shares of Leidos in the second quarter worth about $138,000. Smartleaf Asset Management LLC lifted its holdings in shares of Leidos by 206.0% in the second quarter. Smartleaf Asset Management LLC now owns 1,270 shares of the aerospace company’s stock worth $198,000 after acquiring an additional 855 shares during the last quarter. Evergreen Capital Management LLC bought a new position in shares of Leidos in the second quarter worth about $209,000. Finally, WINTON GROUP Ltd acquired a new position in shares of Leidos in the second quarter valued at approximately $288,000. Institutional investors own 76.12% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on LDOS. Weiss Ratings reiterated a “buy (b-)” rating on shares of Leidos in a research report on Wednesday, October 8th. Argus raised their price objective on shares of Leidos from $185.00 to $210.00 and gave the company a “buy” rating in a research report on Wednesday, September 24th. Zacks Research cut shares of Leidos from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 23rd. Citigroup reiterated a “buy” rating and set a $190.00 price target (up previously from $186.00) on shares of Leidos in a research report on Monday, July 14th. Finally, UBS Group lifted their price target on shares of Leidos from $168.00 to $184.00 and gave the stock a “neutral” rating in a research report on Thursday, August 7th. Nine equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $189.83.

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.