Leidos (NYSE:LDOS) Stock Rating Upgraded by Wall Street Zen

Leidos (NYSE:LDOS) was upgraded by investment analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a report issued on Thursday.

LDOS has been the topic of several other research reports. Stifel Nicolaus reduced their price target on shares of Leidos from $205.00 to $193.00 and set a “hold” rating on the stock in a research report on Wednesday, May 6th. The Goldman Sachs Group lowered their price objective on shares of Leidos from $171.00 to $152.00 and set a “neutral” rating for the company in a report on Tuesday. Wells Fargo & Company set a $125.00 target price on Leidos in a report on Wednesday, June 17th. Weiss Ratings lowered Leidos from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, June 8th. Finally, Citigroup lowered their target price on Leidos from $178.00 to $138.00 and set a “buy” rating for the company in a research note on Wednesday, July 1st. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and ten have issued a Hold rating to the company’s stock. According to MarketBeat, Leidos presently has an average rating of “Hold” and an average target price of $163.80.

Leidos Price Performance

Shares of Leidos stock opened at $106.51 on Thursday. The business has a 50 day moving average of $116.09 and a 200 day moving average of $152.23. Leidos has a 52 week low of $98.86 and a 52 week high of $205.77. The company has a market cap of $13.40 billion, a PE ratio of 9.75, a P/E/G ratio of 1.59 and a beta of 0.54. The company has a quick ratio of 1.29, a current ratio of 1.40 and a debt-to-equity ratio of 1.19.

Leidos (NYSE:LDOS) last released its quarterly earnings results on Tuesday, May 5th. The aerospace company reported $3.13 earnings per share for the quarter, beating the consensus estimate of $2.88 by $0.25. The business had revenue of $4.40 billion for the quarter, compared to analysts’ expectations of $4.28 billion. Leidos had a net margin of 8.15% and a return on equity of 31.92%. The firm’s revenue for the quarter was up 3.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.97 earnings per share. Leidos has set its FY 2026 guidance at 12.100-12.500 EPS. As a group, equities research analysts forecast that Leidos will post 12.3 earnings per share for the current year.

Insider Activity at Leidos

In other news, Director Gary Stephen May sold 1,484 shares of the business’s stock in a transaction that occurred 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 sale, the director directly owned 10,137 shares of the company’s stock, valued at $1,345,686.75. The trade was a 12.77% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 0.77% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Wedmont Private Capital increased its stake in shares of Leidos by 4.6% in the 4th quarter. Wedmont Private Capital now owns 1,171 shares of the aerospace company’s stock worth $230,000 after acquiring an additional 52 shares during the last quarter. MassMutual Private Wealth & Trust FSB boosted its position in shares of Leidos by 14.2% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 492 shares of the aerospace company’s stock valued at $89,000 after acquiring an additional 61 shares during the last quarter. Richardson Financial Services Inc. grew its holdings in shares of Leidos by 13.4% in the fourth quarter. Richardson Financial Services Inc. now owns 517 shares of the aerospace company’s stock valued at $93,000 after purchasing an additional 61 shares during the period. Bryn Mawr Trust Advisors LLC grew its holdings in shares of Leidos by 4.8% in the fourth quarter. Bryn Mawr Trust Advisors LLC now owns 1,337 shares of the aerospace company’s stock valued at $241,000 after purchasing an additional 61 shares during the period. Finally, Ritholtz Wealth Management increased its position in Leidos by 0.3% during the fourth quarter. Ritholtz Wealth Management now owns 23,513 shares of the aerospace company’s stock worth $4,242,000 after purchasing an additional 62 shares during the last quarter. Hedge funds and other institutional investors own 76.12% of the company’s stock.

Leidos Company Profile

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.