Leidos Holdings, Inc. (NYSE:LDOS) Receives $191.25 Average Price Target from Analysts

Shares of Leidos Holdings, Inc. (NYSE:LDOS) have been assigned an average rating of “Moderate Buy” from the fourteen research firms that are currently covering the stock, MarketBeat reports. Seven research analysts have rated the stock with a hold recommendation, six have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price objective among brokerages that have covered the stock in the last year is $187.50.

A number of equities research analysts recently commented on LDOS shares. Wells Fargo & Company assumed coverage on shares of Leidos in a report on Wednesday, April 1st. They set an “equal weight” rating and a $165.00 price objective on the stock. Robert W. Baird decreased their target price on shares of Leidos from $215.00 to $195.00 and set a “neutral” rating for the company in a research report on Wednesday, February 18th. Jefferies Financial Group downgraded Leidos from a “buy” rating to a “hold” rating and decreased their price target for the company from $185.00 to $140.00 in a research note on Wednesday, June 3rd. Wall Street Zen lowered shares of Leidos from a “buy” rating to a “hold” rating in a research note on Saturday. Finally, Bank of America reduced their price target on Leidos from $235.00 to $200.00 and set a “buy” rating for the company in a report on Tuesday, April 21st.

Leidos Price Performance

LDOS opened at $122.69 on Wednesday. The company has a fifty day moving average price of $139.95 and a two-hundred day moving average price of $167.53. Leidos has a 52 week low of $121.20 and a 52 week high of $205.77. The firm has a market capitalization of $15.43 billion, a PE ratio of 11.23, a P/E/G ratio of 1.56 and a beta of 0.50. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.29 and a current ratio of 1.40.

Leidos (NYSE:LDOS) last released its quarterly earnings data on Tuesday, May 5th. The aerospace company reported $3.13 EPS for the quarter, beating analysts’ consensus estimates of $2.88 by $0.25. Leidos had a net margin of 8.15% and a return on equity of 31.92%. The business had revenue of $4.40 billion during the quarter, compared to analysts’ expectations of $4.28 billion. During the same quarter in the prior year, the company earned $2.97 EPS. The firm’s quarterly revenue was up 3.7% on a year-over-year basis. Leidos has set its FY 2026 guidance at 12.100-12.500 EPS. As a group, analysts anticipate that Leidos will post 12.25 earnings per share for the current year.

Leidos Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be issued a $0.43 dividend. This represents a $1.72 annualized dividend and a dividend yield of 1.4%. The ex-dividend date is Monday, June 15th. Leidos’s payout ratio is currently 15.75%.

Insider Activity

In related news, insider Elizabeth A. Porter sold 2,000 shares of Leidos stock in a transaction dated Tuesday, April 7th. The shares were sold at an average price of $158.78, for a total transaction of $317,560.00. Following the completion of the sale, the insider owned 49,476 shares of the company’s stock, valued at approximately $7,855,799.28. The trade was a 3.89% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Gary Stephen May sold 1,484 shares of the stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $132.75, for a total value of $197,001.00. Following the transaction, the director owned 10,137 shares in the company, valued at $1,345,686.75. The trade was a 12.77% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 0.77% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the company. Goldman Sachs Group Inc. lifted its holdings in shares of Leidos by 1.6% in the fourth quarter. Goldman Sachs Group Inc. now owns 1,421,634 shares of the aerospace company’s stock worth $256,463,000 after buying an additional 22,013 shares in the last quarter. Allianz Asset Management GmbH boosted its holdings in Leidos by 20.1% in the 3rd quarter. Allianz Asset Management GmbH now owns 339,972 shares of the aerospace company’s stock valued at $64,241,000 after purchasing an additional 56,905 shares during the period. Norges Bank purchased a new position in shares of Leidos during the 4th quarter valued at $318,839,000. New Age Alpha Advisors LLC increased its holdings in shares of Leidos by 25,505.4% in the fourth quarter. New Age Alpha Advisors LLC now owns 42,505 shares of the aerospace company’s stock worth $7,668,000 after purchasing an additional 42,339 shares during the period. Finally, M&T Bank Corp raised its position in shares of Leidos by 2,924.4% in the fourth quarter. M&T Bank Corp now owns 405,181 shares of the aerospace company’s stock worth $73,095,000 after buying an additional 391,784 shares in the last quarter. 76.12% of the stock is owned by institutional investors.

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.