Leidos (NYSE:LDOS) Issues Quarterly Earnings Results

Leidos (NYSE:LDOS) released its quarterly earnings data on Tuesday. The aerospace company reported $3.05 EPS for the quarter, beating the consensus estimate of $2.61 by $0.44, Zacks reports. The business had revenue of $4.47 billion for 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 Price Performance

Shares of Leidos stock traded up $11.05 on Tuesday, hitting $204.10. 597,762 shares of the company traded hands, compared to its average volume of 1,220,717. The firm’s 50-day simple moving average is $186.75 and its 200 day simple moving average is $168.10. The company has a current ratio of 1.62, a quick ratio of 1.50 and a debt-to-equity ratio of 1.06. The company has a market cap of $26.19 billion, a P/E ratio of 19.29, a P/E/G 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 $205.77.

Leidos Increases Dividend

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

Wall Street Analysts Forecast Growth

LDOS has been the topic of a number of recent research reports. Argus upped their price target on shares of Leidos from $185.00 to $210.00 and gave the company a “buy” rating in a research note on Wednesday, September 24th. Truist Financial set a $195.00 price target on shares of Leidos in a research note on Tuesday, September 30th. Weiss Ratings restated a “buy (b-)” rating on shares of Leidos in a research note on Wednesday, October 8th. Jefferies Financial Group upgraded shares of Leidos from a “hold” rating to a “buy” rating and upped their price target for the company from $185.00 to $205.00 in a research note on Wednesday, August 6th. Finally, Cantor Fitzgerald upped their price target on shares of Leidos from $185.00 to $225.00 and gave the company an “overweight” rating in a research note on Friday. Nine investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $189.83.

Insider Buying and Selling

In related news, insider Stephen Edward Hull sold 12,497 shares of Leidos stock in a transaction on Thursday, September 4th. The shares were sold at an average price of $178.14, for a total value of $2,226,215.58. Following the transaction, the insider owned 25,817 shares in the company, valued at $4,599,040.38. This trade represents a 32.62% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Gregory R. Dahlberg sold 952 shares of Leidos stock in a transaction on Monday, August 11th. The stock was 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. The trade was a 4.32% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 22,975 shares of company stock worth $4,078,740 in the last 90 days. 0.69% of the stock is owned by company insiders.

Institutional Trading of Leidos

Institutional investors have recently made changes to their positions in the stock. MUFG Securities EMEA plc purchased a new stake in shares of Leidos during the second quarter valued at approximately $61,000. WFA of San Diego LLC purchased a new position in shares of Leidos in the second quarter valued at about $138,000. Smartleaf Asset Management LLC increased its position 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 valued at $198,000 after acquiring an additional 855 shares during the period. Evergreen Capital Management LLC purchased a new position in shares of Leidos in the second quarter valued at about $209,000. Finally, WINTON GROUP Ltd purchased a new position in shares of Leidos in the second quarter valued at about $288,000. Hedge funds and other institutional investors own 76.12% of the company’s stock.

Leidos Company Profile

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.