Leidos (NYSE:LDOS) Stock Rating Upgraded by Wall Street Zen

Leidos (NYSE:LDOS) was upgraded by investment analysts at Wall Street Zen from a “buy” rating to a “strong-buy” rating in a note issued to investors on Saturday.

Several other research firms also recently commented on LDOS. Bank of America increased their target price on Leidos from $200.00 to $235.00 and gave the company a “buy” rating in a research report on Friday. Citigroup reissued a “buy” rating and set a $190.00 target price (up from $186.00) on shares of Leidos in a report on Monday, July 14th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Leidos in a report on Wednesday, October 8th. Argus lifted their target price on shares of Leidos from $185.00 to $210.00 and gave the stock a “buy” rating in a research note on Wednesday, September 24th. Finally, UBS Group upped their price target on shares of Leidos from $209.00 to $216.00 and gave the company a “neutral” rating in a research report on Wednesday. Ten investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $199.23.

Leidos Stock Up 1.1%

Shares of NYSE LDOS opened at $196.89 on Friday. The stock has a 50-day moving average price of $187.93 and a two-hundred day moving average price of $169.69. Leidos has a 12 month low of $123.62 and a 12 month high of $205.77. The company has a current ratio of 1.62, a quick ratio of 1.50 and a debt-to-equity ratio of 0.94. The company has a market cap of $25.17 billion, a price-to-earnings ratio of 18.37, a PEG ratio of 1.81 and a beta of 0.69.

Leidos (NYSE:LDOS) last posted its earnings results on Tuesday, November 4th. The aerospace company reported $3.05 earnings per share 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 for 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, analysts forecast that Leidos will post 10.62 earnings per share for the current fiscal year.

Insider Transactions at Leidos

In other Leidos news, insider Stephen Edward Hull sold 12,497 shares of Leidos stock in a transaction that occurred on Thursday, September 4th. The shares were sold at an average price of $178.14, for a total transaction of $2,226,215.58. Following the transaction, the insider owned 25,817 shares of the company’s stock, valued at $4,599,040.38. This trade represents a 32.62% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.69% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. JPMorgan Chase & Co. boosted its stake in Leidos by 3.3% in the second quarter. JPMorgan Chase & Co. now owns 3,528,630 shares of the aerospace company’s stock valued at $556,677,000 after acquiring an additional 111,813 shares during the last quarter. Boston Partners grew its stake in Leidos by 3.7% in the 2nd quarter. Boston Partners now owns 2,909,142 shares of the aerospace company’s stock valued at $460,203,000 after buying an additional 103,321 shares in the last quarter. Massachusetts Financial Services Co. MA lifted its position in shares of Leidos by 29.8% during the first quarter. Massachusetts Financial Services Co. MA now owns 2,336,222 shares of the aerospace company’s stock worth $315,250,000 after acquiring an additional 536,452 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of Leidos by 10.0% in the first quarter. Dimensional Fund Advisors LP now owns 1,877,020 shares of the aerospace company’s stock worth $253,262,000 after acquiring an additional 170,263 shares during the period. Finally, Norges Bank bought a new stake in shares of Leidos during the 2nd quarter valued at $261,501,000. 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.