Analysts predict that Leidos Holdings, Inc. (NYSE:LDOS) will announce earnings per share (EPS) of $0.83 for the current quarter, according to Zacks. Four analysts have made estimates for Leidos’ earnings. The lowest EPS estimate is $0.77 and the highest is $0.88. Leidos posted earnings per share of $0.75 during the same quarter last year, which indicates a positive year-over-year growth rate of 10.7%. The company is scheduled to report its next quarterly earnings results on Thursday, February 22nd.

According to Zacks, analysts expect that Leidos will report full-year earnings of $3.70 per share for the current fiscal year, with EPS estimates ranging from $3.65 to $3.74. For the next fiscal year, analysts expect that the company will report earnings of $4.21 per share, with EPS estimates ranging from $3.66 to $4.85. Zacks’ earnings per share calculations are an average based on a survey of sell-side analysts that cover Leidos.

Leidos (NYSE:LDOS) last issued its quarterly earnings results on Thursday, November 2nd. The aerospace company reported $0.95 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.81 by $0.14. Leidos had a net margin of 3.04% and a return on equity of 17.20%. The company had revenue of $2.50 billion during the quarter, compared to the consensus estimate of $2.55 billion. During the same quarter in the prior year, the firm posted $1.25 EPS. The firm’s quarterly revenue was up 34.0% on a year-over-year basis.

A number of brokerages have recently weighed in on LDOS. BidaskClub raised shares of Leidos from a “hold” rating to a “buy” rating in a report on Wednesday, September 27th. Zacks Investment Research downgraded shares of Leidos from a “buy” rating to a “hold” rating in a research note on Tuesday, January 9th. Cowen reissued a “buy” rating and issued a $68.00 price objective on shares of Leidos in a research note on Thursday, November 2nd. Jefferies Group reissued a “buy” rating and issued a $75.00 price objective on shares of Leidos in a research note on Thursday, October 5th. Finally, TheStreet raised shares of Leidos from a “c+” rating to a “b+” rating in a research note on Monday, October 2nd. Three research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Leidos currently has an average rating of “Buy” and a consensus target price of $69.33.

In related news, Director John P. Jumper sold 61,212 shares of the stock in a transaction that occurred on Tuesday, December 12th. The shares were sold at an average price of $64.06, for a total value of $3,921,240.72. Following the completion of the transaction, the director now owns 306,709 shares of the company’s stock, valued at approximately $19,647,778.54. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. 1.70% of the stock is owned by corporate insiders.

A number of hedge funds and other institutional investors have recently made changes to their positions in LDOS. Northwestern Mutual Wealth Management Co. increased its position in Leidos 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. Migdal Insurance & Financial Holdings Ltd. increased its position in Leidos by 31.2% in the 2nd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 2,158 shares of the aerospace company’s stock valued at $111,000 after acquiring an additional 513 shares during the period. Oppenheimer Asset Management Inc. increased its position in Leidos by 263.0% in the 2nd quarter. Oppenheimer Asset Management Inc. now owns 3,111 shares of the aerospace company’s stock valued at $161,000 after acquiring an additional 2,254 shares during the period. Hanseatic Management Services Inc. acquired a new position in Leidos in the 2nd quarter valued at approximately $174,000. Finally, Ontario Teachers Pension Plan Board acquired a new position in Leidos in the 2nd quarter valued at approximately $209,000. Hedge funds and other institutional investors own 73.48% of the company’s stock.

Shares of Leidos (NYSE:LDOS) opened at $66.33 on Friday. Leidos has a twelve month low of $47.81 and a twelve month high of $67.68. The company has a current ratio of 1.27, a quick ratio of 1.03 and a debt-to-equity ratio of 0.92. The firm has a market cap of $10,120.00, a P/E ratio of 35.47, a PEG ratio of 1.66 and a beta of 1.66.

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 29th. Investors of record on Monday, December 18th were paid a $0.32 dividend. This represents a $1.28 annualized dividend and a yield of 1.93%. The ex-dividend date of this dividend was Friday, December 15th. Leidos’s payout ratio is 68.45%.

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About Leidos

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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