Brokerages forecast that Leidos Holdings, Inc. (NYSE:LDOS) will post earnings per share of $0.75 for the current quarter, according to Zacks. Four analysts have issued estimates for Leidos Holdings’ earnings. The highest EPS estimate is $0.80 and the lowest is $0.64. Leidos Holdings posted earnings per share of $0.68 during the same quarter last year, which indicates a positive year over year growth rate of 10.3%. The company is expected to report its next earnings report before the market opens on Thursday, August 3rd.

According to Zacks, analysts expect that Leidos Holdings will report full year earnings of $3.30 per share for the current financial year, with EPS estimates ranging from $3.21 to $3.35. For the next fiscal year, analysts expect that the firm will post earnings of $3.52 per share, with EPS estimates ranging from $3.46 to $3.60. Zacks’ earnings per share averages are a mean average based on a survey of sell-side research firms that follow Leidos Holdings.

Leidos Holdings (NYSE:LDOS) last released its earnings results on Thursday, May 4th. The aerospace company reported $0.88 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.78 by $0.10. Leidos Holdings had a net margin of 3.16% and a return on equity of 16.70%. The company had revenue of $2.58 billion during the quarter, compared to analyst estimates of $2.54 billion. During the same period in the prior year, the firm posted $0.72 EPS. The firm’s quarterly revenue was up 96.6% compared to the same quarter last year.

LDOS has been the topic of several research analyst reports. Zacks Investment Research upgraded Leidos Holdings from a “hold” rating to a “buy” rating and set a $61.00 price objective on the stock in a report on Saturday, May 6th. Cowen and Company boosted their price objective on Leidos Holdings from $58.00 to $62.00 and gave the company an “outperform” rating in a report on Monday, May 15th. Finally, BidaskClub downgraded Leidos Holdings from a “hold” rating to a “sell” rating in a report on Saturday, July 1st. One analyst has rated the stock with a sell rating, three have assigned a hold rating and six have issued a buy rating to the company. Leidos Holdings has a consensus rating of “Buy” and an average price target of $56.50.

Leidos Holdings (LDOS) traded up 0.009% on Tuesday, hitting $53.085. The stock had a trading volume of 26,173 shares. The company has a market cap of $8.02 billion, a PE ratio of 24.981 and a beta of 1.73. Leidos Holdings has a 12 month low of $37.79 and a 12 month high of $56.67. The company has a 50-day moving average of $54.16 and a 200 day moving average of $52.26.

The business also recently declared a quarterly dividend, which was paid on Friday, June 30th. Shareholders of record on Thursday, June 15th were given a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a yield of 2.41%. The ex-dividend date of this dividend was Tuesday, June 13th. Leidos Holdings’s payout ratio is 57.92%.

Several large investors have recently bought and sold shares of LDOS. Bronfman E.L. Rothschild L.P. boosted its stake in Leidos Holdings by 4.9% in the first quarter. Bronfman E.L. Rothschild L.P. now owns 2,147 shares of the aerospace company’s stock valued at $110,000 after buying an additional 100 shares during the period. Meeder Asset Management Inc. acquired a new stake in Leidos Holdings during the first quarter valued at about $189,000. Timber Hill LLC acquired a new stake in Leidos Holdings during the first quarter valued at about $242,000. DekaBank Deutsche Girozentrale acquired a new stake in Leidos Holdings during the first quarter valued at about $247,000. Finally, Searle & CO. acquired a new stake in Leidos Holdings during the fourth quarter valued at about $249,000. Institutional investors and hedge funds own 74.66% of the company’s stock.

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Leidos Holdings Company Profile

Leidos Holdings, Inc (Leidos) is a science and technology solutions company focused on delivering solutions primarily in the areas of national security, health and engineering. The Company is a holding company whose direct 100%-owned subsidiary is Leidos, Inc, which delivers science and technology solutions in the areas of national security, health and engineering to agencies of the United States Department of Defense (DoD), the intelligence community, the United States Department of Homeland Security, and other United States Government civil agencies, state and local government agencies, foreign governments and customers across a variety of commercial markets.

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