Leidos (NYSE:LDOS) Rating Increased to Strong-Buy at Wall Street Zen

Wall Street Zen upgraded shares of Leidos (NYSE:LDOS) from a buy rating to a strong-buy rating in a research note published on Saturday morning.

Several other analysts have also commented on the company. Citigroup boosted their price target on Leidos from $218.00 to $232.00 and gave the company a “buy” rating in a research note on Tuesday, January 13th. Cantor Fitzgerald boosted their target price on shares of Leidos from $185.00 to $225.00 and gave the company an “overweight” rating in a research note on Friday, October 31st. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Leidos in a report on Monday, December 29th. Truist Financial reiterated a “buy” rating and set a $220.00 target price (up previously from $200.00) on shares of Leidos in a research report on Tuesday, November 4th. Finally, Stifel Nicolaus restated a “hold” rating and issued a $220.00 price target on shares of Leidos in a research report on Wednesday, January 7th. Nine equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $213.09.

Leidos Price Performance

Shares of Leidos stock opened at $188.05 on Friday. The firm has a market cap of $24.04 billion, a P/E ratio of 17.54, a price-to-earnings-growth ratio of 1.30 and a beta of 0.58. The firm’s 50-day simple moving average is $188.94 and its 200-day simple moving average is $184.73. Leidos has a twelve month low of $123.62 and a twelve month high of $205.77. The company has a debt-to-equity ratio of 0.94, a quick ratio of 1.50 and a current ratio of 1.62.

Leidos (NYSE:LDOS) last announced its quarterly earnings results on Tuesday, November 4th. The aerospace company reported $3.05 EPS for the quarter, topping analysts’ consensus estimates of $2.61 by $0.44. Leidos had a net margin of 8.11% and a return on equity of 33.02%. The firm had revenue of $4.47 billion during the quarter, compared to analysts’ expectations of $4.28 billion. Leidos has set its FY 2025 guidance at 11.450-11.75 EPS. As a group, research analysts expect that Leidos will post 10.62 EPS for the current fiscal year.

Insider Activity

In other news, insider Elizabeth A. Porter sold 3,000 shares of the stock in a transaction that occurred on Tuesday, January 20th. The shares were sold at an average price of $192.21, for a total transaction of $576,630.00. Following the sale, the insider directly owned 38,575 shares of the company’s stock, valued at $7,414,500.75. This represents a 7.22% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 0.96% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Wedmont Private Capital raised its position in shares of Leidos by 4.6% during the fourth quarter. Wedmont Private Capital now owns 1,171 shares of the aerospace company’s stock worth $230,000 after acquiring an additional 52 shares during the last quarter. Harbor Capital Advisors Inc. boosted its holdings in Leidos by 2.7% in the third quarter. Harbor Capital Advisors Inc. now owns 2,203 shares of the aerospace company’s stock valued at $416,000 after acquiring an additional 57 shares during the last quarter. 44 Wealth Management LLC increased its position in Leidos by 1.0% in the third quarter. 44 Wealth Management LLC now owns 5,500 shares of the aerospace company’s stock worth $1,039,000 after purchasing an additional 57 shares during the period. Personal CFO Solutions LLC raised its holdings in Leidos by 2.0% during the 2nd quarter. Personal CFO Solutions LLC now owns 2,974 shares of the aerospace company’s stock worth $469,000 after purchasing an additional 59 shares during the last quarter. Finally, Beacon Pointe Advisors LLC lifted its position in Leidos by 3.7% during the 2nd quarter. Beacon Pointe Advisors LLC now owns 1,639 shares of the aerospace company’s stock valued at $259,000 after purchasing an additional 59 shares during the period. Institutional investors and hedge funds own 76.12% of the company’s stock.

Leidos Company Profile

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.