Leidos Holdings, Inc. (NYSE:LDOS)‘s stock had its “buy” rating restated by analysts at Jefferies Group LLC in a research report issued on Thursday.

Several other brokerages have also recently commented on LDOS. BidaskClub upgraded shares of Leidos Holdings from a “hold” rating to a “buy” rating in a research report on Wednesday, September 27th. Argus boosted their target price on shares of Leidos Holdings from $62.00 to $64.00 and gave the company a “buy” rating in a research report on Thursday, August 31st. Cowen and Company restated a “buy” rating and issued a $66.00 target price on shares of Leidos Holdings in a research report on Tuesday, September 19th. TheStreet cut shares of Leidos Holdings from a “b-” rating to a “c+” rating in a research report on Thursday, September 7th. Finally, Zacks Investment Research upgraded shares of Leidos Holdings from a “hold” rating to a “buy” rating and set a $63.00 price objective for the company in a research report on Saturday, August 5th. Ten investment analysts have rated the stock with a buy rating, The company currently has an average rating of “Buy” and a consensus target price of $61.78.

Shares of Leidos Holdings (NYSE:LDOS) opened at 60.25 on Thursday. The firm has a market cap of $9.11 billion, a price-to-earnings ratio of 26.99 and a beta of 1.72. The stock’s 50 day moving average is $57.60 and its 200 day moving average is $54.44. Leidos Holdings has a 12-month low of $40.96 and a 12-month high of $60.72.

Leidos Holdings (NYSE:LDOS) last issued its earnings results on Thursday, August 3rd. The aerospace company reported $1.04 EPS for the quarter, beating the consensus estimate of $0.77 by $0.27. The company had revenue of $2.57 billion during the quarter, compared to analysts’ expectations of $2.56 billion. Leidos Holdings had a net margin of 3.34% and a return on equity of 17.35%. The business’s revenue for the quarter was up 99.6% compared to the same quarter last year. During the same period in the previous year, the company earned $0.68 EPS. Equities analysts expect that Leidos Holdings will post $3.55 earnings per share for the current year.

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In other Leidos Holdings news, VP Jerald S. Howe, Jr. purchased 2,000 shares of the firm’s stock in a transaction on Monday, August 21st. The stock was purchased at an average cost of $55.32 per share, for a total transaction of $110,640.00. Following the transaction, the vice president now owns 2,000 shares in the company, valued at approximately $110,640. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Gary Stephen May sold 800 shares of the company’s stock in a transaction that occurred on Monday, August 28th. The shares were sold at an average price of $55.75, for a total transaction of $44,600.00. Following the completion of the transaction, the director now owns 6,680 shares of the company’s stock, valued at $372,410. The disclosure for this sale can be found here. Corporate insiders own 1.70% of the company’s stock.

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Northwestern Mutual Wealth Management Co. increased its position in Leidos Holdings by 0.9% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,975 shares of the aerospace company’s stock valued at $102,000 after acquiring an additional 18 shares during the period. Synovus Financial Corp increased its position in Leidos Holdings by 0.7% in the 2nd quarter. Synovus Financial Corp now owns 4,878 shares of the aerospace company’s stock valued at $235,000 after acquiring an additional 32 shares during the period. Bronfman E.L. Rothschild L.P. increased its position in Leidos Holdings by 2.0% in the 2nd quarter. Bronfman E.L. Rothschild L.P. now owns 2,191 shares of the aerospace company’s stock valued at $113,000 after acquiring an additional 44 shares during the period. Capstone Asset Management Co. increased its position in Leidos Holdings by 1.0% in the 2nd quarter. Capstone Asset Management Co. now owns 4,976 shares of the aerospace company’s stock valued at $238,000 after acquiring an additional 50 shares during the period. Finally, Franklin Resources Inc. increased its position in Leidos Holdings by 0.3% in the 4th quarter. Franklin Resources Inc. now owns 18,176 shares of the aerospace company’s stock valued at $930,000 after acquiring an additional 51 shares during the period. Hedge funds and other institutional investors own 74.54% of the company’s stock.

About Leidos Holdings

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.

Analyst Recommendations for Leidos Holdings (NYSE:LDOS)

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