JPMorgan Chase & Co. Issues Pessimistic Forecast for Leidos (NYSE:LDOS) Stock Price

Leidos (NYSE:LDOS) had its price objective cut by equities researchers at JPMorgan Chase & Co. from $210.00 to $160.00 in a report released on Monday,Benzinga reports. The firm presently has an “overweight” rating on the aerospace company’s stock. JPMorgan Chase & Co.‘s price objective suggests a potential upside of 50.74% from the stock’s previous close.

LDOS has been the topic of several other reports. Jefferies Financial Group reduced their target price on Leidos from $140.00 to $110.00 and set a “hold” rating on the stock in a research report on Wednesday, July 1st. Argus raised Leidos to a “strong-buy” rating in a report on Tuesday, March 31st. Bank of America restated a “neutral” rating and set a $125.00 price target (down from $200.00) on shares of Leidos in a research note on Wednesday, June 17th. Wall Street Zen downgraded shares of Leidos from a “buy” rating to a “hold” rating in a report on Wednesday, July 8th. Finally, BNP Paribas Exane started coverage on shares of Leidos in a research report on Wednesday, May 27th. They issued an “outperform” rating and a $165.00 price objective for the company. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $164.64.

Leidos Stock Down 0.8%

NYSE LDOS traded down $0.87 on Monday, hitting $106.15. The stock had a trading volume of 302,771 shares, compared to its average volume of 1,286,416. The business’s fifty day moving average price is $119.01 and its 200 day moving average price is $154.78. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.40 and a quick ratio of 1.29. Leidos has a 52-week low of $98.86 and a 52-week high of $205.77. The stock has a market cap of $13.35 billion, a price-to-earnings ratio of 9.71, a price-to-earnings-growth ratio of 1.57 and a beta of 0.54.

Leidos (NYSE:LDOS) last issued its quarterly earnings data on Tuesday, May 5th. The aerospace company reported $3.13 EPS for the quarter, beating the consensus estimate of $2.88 by $0.25. The firm had revenue of $4.40 billion during the quarter, compared to analyst estimates of $4.28 billion. Leidos had a return on equity of 31.92% and a net margin of 8.15%.The business’s revenue for the quarter was up 3.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.97 EPS. Leidos has set its FY 2026 guidance at 12.100-12.500 EPS. Equities research analysts anticipate that Leidos will post 12.27 earnings per share for the current year.

Insiders Place Their Bets

In other Leidos news, Director Gary Stephen May sold 1,484 shares of the stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $132.75, for a total transaction of $197,001.00. Following the sale, the director directly owned 10,137 shares of the company’s stock, valued at approximately $1,345,686.75. This trade represents a 12.77% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.77% of the company’s stock.

Institutional Trading of Leidos

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Diamant Asset Management Inc. raised its position in shares of Leidos by 16,475.4% during the 1st quarter. Diamant Asset Management Inc. now owns 4,156,784 shares of the aerospace company’s stock worth $646,463,000 after purchasing an additional 4,131,706 shares during the last quarter. Norges Bank purchased a new stake in Leidos during the 4th quarter worth approximately $318,839,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in shares of Leidos during the third quarter valued at approximately $242,464,000. SG Americas Securities LLC raised its holdings in shares of Leidos by 998.6% during the first quarter. SG Americas Securities LLC now owns 1,097,724 shares of the aerospace company’s stock valued at $170,718,000 after acquiring an additional 997,807 shares during the last quarter. Finally, Alliancebernstein L.P. lifted its position in shares of Leidos by 64.4% in the second quarter. Alliancebernstein L.P. now owns 1,529,261 shares of the aerospace company’s stock valued at $241,256,000 after acquiring an additional 598,974 shares in the last quarter. 76.12% of the stock is owned by institutional investors and hedge funds.

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.