Leidos Holdings, Inc. (NYSE:LDOS – Get Rating) CEO Thomas Arthur Bell acquired 6,300 shares of the firm’s stock in a transaction that occurred on Monday, May 22nd. The shares were purchased at an average price of $78.81 per share, with a total value of $496,503.00. Following the acquisition, the chief executive officer now owns 6,300 shares of the company’s stock, valued at approximately $496,503. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Leidos Price Performance
LDOS stock opened at $80.01 on Tuesday. The company’s 50-day moving average price is $88.18 and its two-hundred day moving average price is $97.21. The firm has a market cap of $10.97 billion, a P/E ratio of 16.46, a P/E/G ratio of 1.52 and a beta of 0.76. Leidos Holdings, Inc. has a 12 month low of $76.58 and a 12 month high of $110.91. The company has a quick ratio of 1.06, a current ratio of 1.16 and a debt-to-equity ratio of 1.05.
Leidos (NYSE:LDOS – Get Rating) last posted its earnings results on Tuesday, May 2nd. The aerospace company reported $1.47 earnings per share for the quarter, missing analysts’ consensus estimates of $1.59 by ($0.12). The company had revenue of $3.70 billion for the quarter, compared to the consensus estimate of $3.65 billion. Leidos had a return on equity of 21.00% and a net margin of 4.60%. The business’s quarterly revenue was up 5.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.58 EPS. On average, analysts anticipate that Leidos Holdings, Inc. will post 6.54 earnings per share for the current fiscal year.
Leidos Announces Dividend
Wall Street Analysts Forecast Growth
LDOS has been the subject of several research analyst reports. TheStreet cut shares of Leidos from a “b-” rating to a “c+” rating in a report on Monday, May 15th. 888 reaffirmed a “maintains” rating on shares of Leidos in a report on Wednesday, May 3rd. Wells Fargo & Company cut their target price on shares of Leidos from $103.00 to $87.00 in a research note on Wednesday, May 3rd. Truist Financial cut their target price on shares of Leidos from $120.00 to $110.00 in a research note on Wednesday, May 3rd. Finally, Citigroup lowered their price target on shares of Leidos from $130.00 to $124.00 and set a “buy” rating on the stock in a research report on Thursday, February 16th. Five research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat, Leidos currently has a consensus rating of “Hold” and an average price target of $101.75.
Hedge Funds Weigh In On Leidos
Hedge funds have recently modified their holdings of the business. Bessemer Group Inc. lifted its holdings in shares of Leidos by 2.2% during the third quarter. Bessemer Group Inc. now owns 6,064 shares of the aerospace company’s stock worth $531,000 after purchasing an additional 131 shares during the period. Healthcare of Ontario Pension Plan Trust Fund lifted its holdings in Leidos by 29.7% in the third quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 1,976 shares of the aerospace company’s stock valued at $173,000 after buying an additional 452 shares during the period. Edmond DE Rothschild Holding S.A. lifted its holdings in Leidos by 40.6% in the third quarter. Edmond DE Rothschild Holding S.A. now owns 2,298 shares of the aerospace company’s stock valued at $201,000 after buying an additional 664 shares during the period. Natixis Advisors L.P. lifted its holdings in Leidos by 29.8% in the fourth quarter. Natixis Advisors L.P. now owns 147,630 shares of the aerospace company’s stock valued at $15,529,000 after buying an additional 33,893 shares during the period. Finally, California Public Employees Retirement System lifted its holdings in Leidos by 5.9% in the fourth quarter. California Public Employees Retirement System now owns 811,173 shares of the aerospace company’s stock valued at $85,327,000 after buying an additional 45,234 shares during the period. Institutional investors and hedge funds own 75.74% of the company’s stock.
Leidos Holdings, Inc engages in the provision of services and solutions in the defense, intelligence, civil and health markets. It operates through the following three segments: Defense Solutions, Civil, and Health. The Defense Solutions segment provides services, solutions, and products focusing on digital modernization, mission systems and integration, Command, Control, Computers, Communications, Intelligence, Surveillance and Reconnaissance (“”C4ISR””) technologies and services, maritime solutions, transformative software, analytics, intelligence analysis, mission support and logistics services, weapons systems and space systems and solutions.
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