Truist Financial Has Lowered Expectations for Leidos (NYSE:LDOS) Stock Price

Leidos (NYSE:LDOS) had its price objective reduced by stock analysts at Truist Financial from $220.00 to $195.00 in a note issued to investors on Monday,Benzinga reports. The firm presently has a “buy” rating on the aerospace company’s stock. Truist Financial’s price target suggests a potential upside of 25.60% from the stock’s previous close.

Several other research analysts have also recently issued reports on the company. Weiss Ratings reissued a “buy (b)” rating on shares of Leidos in a research note on Monday, December 29th. Stifel Nicolaus dropped their price objective on Leidos from $220.00 to $205.00 and set a “hold” rating on the stock in a research note on Wednesday, February 18th. Wells Fargo & Company initiated coverage on Leidos in a research note on Wednesday, April 1st. They issued an “equal weight” rating and a $165.00 price objective on the stock. Argus raised Leidos to a “strong-buy” rating in a research report on Tuesday, March 31st. Finally, Royal Bank Of Canada dropped their target price on Leidos from $230.00 to $215.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 18th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $206.00.

Leidos Stock Up 0.1%

Shares of NYSE:LDOS opened at $155.25 on Monday. Leidos has a 52-week low of $136.91 and a 52-week high of $205.77. The stock has a market cap of $19.58 billion, a P/E ratio of 13.95, a price-to-earnings-growth ratio of 1.09 and a beta of 0.65. The business’s 50 day moving average is $167.62 and its 200 day moving average is $182.09. The company has a quick ratio of 1.58, a current ratio of 1.70 and a debt-to-equity ratio of 0.93.

Leidos (NYSE:LDOS) last announced its quarterly earnings data on Tuesday, February 17th. The aerospace company reported $2.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.57 by $0.19. Leidos had a return on equity of 32.95% and a net margin of 8.43%.The company had revenue of $4.88 billion for the quarter, compared to analysts’ expectations of $4.31 billion. During the same quarter in the prior year, the firm earned $2.37 earnings per share. Leidos’s revenue was down 3.6% compared to the same quarter last year. Leidos has set its FY 2026 guidance at 12.050-12.450 EPS. Sell-side analysts predict that Leidos will post 10.62 EPS for the current year.

Insider Transactions at Leidos

In other Leidos news, insider Elizabeth A. Porter sold 2,000 shares of the stock in a transaction on Tuesday, April 7th. The stock was sold at an average price of $158.78, for a total transaction of $317,560.00. Following the sale, the insider owned 49,476 shares of the company’s stock, valued at approximately $7,855,799.28. This trade represents a 3.89% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.77% of the company’s stock.

Institutional Trading of Leidos

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Hantz Financial Services Inc. boosted its position in Leidos by 94.7% during the 4th quarter. Hantz Financial Services Inc. now owns 148 shares of the aerospace company’s stock valued at $27,000 after acquiring an additional 72 shares in the last quarter. Mather Group LLC. acquired a new stake in shares of Leidos in the 3rd quarter worth $28,000. JFS Wealth Advisors LLC boosted its position in shares of Leidos by 77.6% in the 4th quarter. JFS Wealth Advisors LLC now owns 151 shares of the aerospace company’s stock worth $27,000 after purchasing an additional 66 shares in the last quarter. Hilton Head Capital Partners LLC acquired a new stake in shares of Leidos in the 4th quarter worth $28,000. Finally, Rakuten Securities Inc. boosted its position in shares of Leidos by 110.5% in the 4th quarter. Rakuten Securities Inc. now owns 160 shares of the aerospace company’s stock worth $29,000 after purchasing an additional 84 shares in the last quarter. Institutional investors own 76.12% of the company’s stock.

About Leidos

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.