Leidos (NYSE:LDOS) Rating Increased to Strong-Buy at Argus

Leidos (NYSE:LDOS) was upgraded by equities researchers at Argus to a “strong-buy” rating in a research note issued on Tuesday,Zacks.com reports.

A number of other research firms have also recently weighed in on LDOS. Royal Bank Of Canada lowered their price target on shares of Leidos from $230.00 to $215.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 18th. Robert W. Baird decreased their price objective on shares of Leidos from $215.00 to $195.00 and set a “neutral” rating on the stock in a report on Wednesday, February 18th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $215.00 target price on shares of Leidos in a report on Monday, February 23rd. Stifel Nicolaus reduced their price target on shares of Leidos from $220.00 to $205.00 and set a “hold” rating for the company in a research report on Wednesday, February 18th. Finally, UBS Group set a $204.00 price target on Leidos in a research note on Thursday, January 15th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $211.00.

Leidos Stock Up 0.3%

LDOS opened at $155.95 on Tuesday. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.70 and a quick ratio of 1.58. The business has a 50 day simple moving average of $175.22 and a 200-day simple moving average of $184.53. The stock has a market capitalization of $19.67 billion, a P/E ratio of 14.01, a P/E/G ratio of 1.10 and a beta of 0.65. Leidos has a 12 month low of $128.32 and a 12 month high of $205.77.

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

Insider Activity

In other Leidos news, insider Elizabeth A. Porter sold 3,000 shares of the company’s stock in a transaction dated Tuesday, January 20th. The shares were sold at an average price of $192.21, for a total value of $576,630.00. Following the sale, the insider owned 38,575 shares of the company’s stock, valued at $7,414,500.75. This represents a 7.22% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.96% of the stock is owned by company insiders.

Institutional Investors Weigh In On Leidos

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