Leidos (NYSE:LDOS) Price Target Cut to $195.00 by Analysts at Truist Financial

Leidos (NYSE:LDOS) had its price target trimmed by Truist Financial from $220.00 to $195.00 in a report issued on Monday,Benzinga reports. The firm currently has a buy rating on the aerospace company’s stock.

A number of other analysts have also recently commented on the stock. UBS Group set a $204.00 price target on shares of Leidos in a research note on Thursday, January 15th. Jefferies Financial Group set a $185.00 target price on shares of Leidos in a report on Wednesday, April 8th. Robert W. Baird decreased their target price 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. Stifel Nicolaus decreased their target price on shares of Leidos from $220.00 to $205.00 and set a “hold” rating on the stock in a report on Wednesday, February 18th. Finally, Wells Fargo & Company started coverage on shares of Leidos in a report on Wednesday, April 1st. They set an “equal weight” rating and a $165.00 target price on the stock. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $206.00.

Leidos Stock Performance

Shares of LDOS stock opened at $154.68 on Monday. The stock has a market capitalization of $19.51 billion, a P/E ratio of 13.90, a PEG ratio of 1.09 and a beta of 0.65. The company has a current ratio of 1.70, a quick ratio of 1.58 and a debt-to-equity ratio of 0.93. The firm’s 50 day moving average is $166.83 and its 200 day moving average is $181.82. Leidos has a 12 month low of $136.91 and a 12 month high of $205.77.

Leidos (NYSE:LDOS) last announced its quarterly earnings results on Tuesday, February 17th. The aerospace company reported $2.76 EPS for the quarter, beating analysts’ consensus estimates of $2.57 by $0.19. The company had revenue of $4.88 billion for the quarter, compared to analysts’ expectations of $4.31 billion. Leidos had a net margin of 8.43% and a return on equity of 32.95%. Leidos’s revenue was down 3.6% compared to the same quarter last year. During the same period in the prior year, the company posted $2.37 EPS. Leidos has set its FY 2026 guidance at 12.050-12.450 EPS. On average, sell-side analysts anticipate that Leidos will post 12.25 earnings per share for the current year.

Leidos Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Monday, March 16th were issued a dividend of $0.43 per share. This represents a $1.72 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend was Monday, March 16th. Leidos’s dividend payout ratio is 15.45%.

Insiders Place Their Bets

In related news, insider Elizabeth A. Porter sold 2,000 shares of the company’s stock in a transaction that occurred on Tuesday, April 7th. The shares were sold at an average price of $158.78, for a total transaction of $317,560.00. Following the sale, the insider owned 49,476 shares of the company’s stock, valued at approximately $7,855,799.28. This represents a 3.89% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.77% of the company’s stock.

Hedge Funds Weigh In On Leidos

A number of institutional investors have recently made changes to their positions in LDOS. Norges Bank bought a new position in shares of Leidos in the 4th quarter worth $318,839,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in shares of Leidos in the 3rd quarter worth $242,464,000. SG Americas Securities LLC increased its holdings in shares of Leidos by 998.6% in the 1st quarter. SG Americas Securities LLC now owns 1,097,724 shares of the aerospace company’s stock worth $170,718,000 after buying an additional 997,807 shares during the last quarter. Alliancebernstein L.P. increased its holdings in shares of Leidos by 64.4% in the 2nd quarter. Alliancebernstein L.P. now owns 1,529,261 shares of the aerospace company’s stock worth $241,256,000 after buying an additional 598,974 shares during the last quarter. Finally, M&T Bank Corp increased its holdings in shares of Leidos by 2,924.4% in the 4th 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 during the last quarter. 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.