Leidos (NYSE:LDOS) Updates FY21 Earnings Guidance


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Leidos (NYSE:LDOS) updated its FY21 earnings guidance on Tuesday. The company provided earnings per share guidance of $6.15-6.45 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $6.47. The company issued revenue guidance of $13.7-14.1 billion, compared to the consensus revenue estimate of $11.83 billion.Leidos also updated its FY 2021
Pre-Market guidance to 6.15-6.45 EPS.

Shares of NYSE:LDOS opened at $103.80 on Tuesday. The company has a current ratio of 0.94, a quick ratio of 0.86 and a debt-to-equity ratio of 1.11. The firm has a market cap of $14.77 billion, a price-to-earnings ratio of 24.42, a PEG ratio of 1.52 and a beta of 1.05. The stock’s 50-day moving average price is $106.90 and its two-hundred day moving average price is $97.43. Leidos has a 12-month low of $68.00 and a 12-month high of $115.36.

Leidos (NYSE:LDOS) last released its quarterly earnings data on Tuesday, February 23rd. The aerospace company reported $1.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.61 by $0.02. Leidos had a net margin of 5.10% and a return on equity of 23.45%. The company had revenue of $3.25 billion during the quarter, compared to the consensus estimate of $3.39 billion. During the same period in the previous year, the firm earned $1.51 earnings per share. Leidos’s revenue for the quarter was up 10.1% on a year-over-year basis. As a group, research analysts forecast that Leidos will post 5.81 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 31st. Investors of record on Monday, March 15th will be given a dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a yield of 1.31%. Leidos’s dividend payout ratio (DPR) is 26.31%.

Separately, Credit Suisse Group raised their price objective on Leidos from $120.00 to $131.00 and gave the company an outperform rating in a research report on Tuesday, November 3rd. They noted that the move was a valuation call. One investment analyst has rated the stock with a hold rating and thirteen have given a buy rating to the company. The stock presently has an average rating of Buy and a consensus target price of $116.75.

Leidos Company Profile

Leidos Holdings, Inc provides services and solutions in the defense, intelligence, civil, and health markets in the United States and internationally. It operates through three segments: Defense Solutions, Civil, and Health. The Defense Solutions segment offers national security solutions and systems for air, land, sea, space, and cyberspace for the U.S.

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Earnings History and Estimates for Leidos (NYSE:LDOS)

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