Leidos (NYSE:LDOS) PT Raised to $160.00 at Barclays

Leidos (NYSE:LDOS) had its price objective boosted by investment analysts at Barclays from $145.00 to $160.00 in a research note issued on Monday, Benzinga reports. The brokerage presently has an “overweight” rating on the aerospace company’s stock. Barclays‘s price objective points to a potential upside of 12.01% from the company’s current price.

Several other analysts also recently issued reports on the company. Wells Fargo & Company upped their price target on Leidos from $137.00 to $147.00 and gave the stock an “overweight” rating in a research note on Thursday, April 4th. Jefferies Financial Group increased their price target on Leidos from $130.00 to $135.00 and gave the company a “hold” rating in a report on Wednesday, April 10th. Stifel Nicolaus boosted their price objective on shares of Leidos from $138.00 to $160.00 and gave the stock a “buy” rating in a research note on Wednesday, May 1st. Royal Bank of Canada lifted their target price on shares of Leidos from $120.00 to $140.00 and gave the stock a “sector perform” rating in a report on Wednesday, May 1st. Finally, Bank of America boosted their target price on shares of Leidos from $125.00 to $145.00 and gave the stock a “buy” rating in a research report on Wednesday, March 27th. Two investment analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Leidos presently has a consensus rating of “Moderate Buy” and an average price target of $145.67.

Leidos Trading Up 0.2 %

Shares of NYSE LDOS opened at $142.85 on Monday. The stock has a market cap of $19.31 billion, a price-to-earnings ratio of 61.57, a PEG ratio of 1.82 and a beta of 0.66. The business has a 50 day simple moving average of $129.78 and a 200 day simple moving average of $116.23. The company has a debt-to-equity ratio of 1.07, a quick ratio of 1.24 and a current ratio of 1.35. Leidos has a 52 week low of $76.58 and a 52 week high of $144.17.

Leidos (NYSE:LDOS) last announced its quarterly earnings results on Tuesday, April 30th. The aerospace company reported $2.29 EPS for the quarter, topping the consensus estimate of $1.70 by $0.59. Leidos had a net margin of 2.04% and a return on equity of 25.66%. The company had revenue of $3.98 billion for the quarter, compared to analyst estimates of $3.82 billion. During the same quarter in the prior year, the business posted $1.47 EPS. Leidos’s quarterly revenue was up 7.5% on a year-over-year basis. On average, research analysts predict that Leidos will post 8.36 earnings per share for the current fiscal year.

Insider Buying and Selling at Leidos

In other news, Director David G. Fubini sold 7,874 shares of Leidos stock in a transaction dated Wednesday, March 13th. The shares were sold at an average price of $127.89, for a total transaction of $1,007,005.86. Following the sale, the director now directly owns 14,696 shares in the company, valued at approximately $1,879,471.44. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. In other news, Director David G. Fubini sold 7,874 shares of the stock in a transaction that occurred on Wednesday, March 13th. The stock was sold at an average price of $127.89, for a total value of $1,007,005.86. Following the completion of the transaction, the director now directly owns 14,696 shares of the company’s stock, valued at approximately $1,879,471.44. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Gary Stephen May sold 2,745 shares of the company’s stock in a transaction on Wednesday, February 21st. The shares were sold at an average price of $124.49, for a total value of $341,725.05. Following the completion of the sale, the director now owns 11,352 shares in the company, valued at $1,413,210.48. The disclosure for this sale can be found here. Insiders own 0.96% of the company’s stock.

Institutional Trading of Leidos

Several large investors have recently added to or reduced their stakes in LDOS. Meeder Asset Management Inc. bought a new stake in Leidos during the 1st quarter worth approximately $80,000. Sei Investments Co. increased its stake in shares of Leidos by 6.4% in the first quarter. Sei Investments Co. now owns 40,026 shares of the aerospace company’s stock valued at $5,247,000 after buying an additional 2,390 shares in the last quarter. Montag A & Associates Inc. bought a new position in shares of Leidos in the first quarter valued at about $109,000. Susquehanna International Group Ltd. acquired a new position in Leidos during the 1st quarter worth about $365,000. Finally, Heartland Advisors Inc. grew its holdings in Leidos by 7.3% during the 1st quarter. Heartland Advisors Inc. now owns 138,898 shares of the aerospace company’s stock worth $18,208,000 after acquiring an additional 9,412 shares during the last quarter. 76.12% of the stock is owned by institutional investors.

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.