Leidos (NYSE:LDOS) Downgraded by Wall Street Zen to Hold

Leidos (NYSE:LDOS) was downgraded by equities research analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a report released on Saturday.

LDOS has been the topic of a number of other research reports. Bank of America cut their price target on shares of Leidos from $235.00 to $200.00 and set a “buy” rating on the stock in a report on Tuesday, April 21st. Robert W. Baird cut their price target on shares of Leidos from $215.00 to $195.00 and set a “neutral” rating on the stock in a report on Wednesday, February 18th. BNP Paribas Exane began coverage on shares of Leidos in a report on Wednesday, May 27th. They issued an “outperform” rating and a $165.00 price target on the stock. Wells Fargo & Company began coverage on shares of Leidos in a report on Wednesday, April 1st. They issued an “equal weight” rating and a $165.00 price target on the stock. Finally, Citigroup cut their price target on shares of Leidos from $232.00 to $178.00 and set a “buy” rating on the stock in a report on Thursday, May 7th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $187.50.

Leidos Price Performance

Shares of Leidos stock opened at $124.65 on Friday. The firm has a market cap of $15.68 billion, a PE ratio of 11.41, a price-to-earnings-growth ratio of 1.58 and a beta of 0.50. Leidos has a 12-month low of $121.20 and a 12-month high of $205.77. The company has a quick ratio of 1.29, a current ratio of 1.40 and a debt-to-equity ratio of 1.19. The company’s fifty day simple moving average is $141.29 and its two-hundred day simple moving average is $168.60.

Leidos (NYSE:LDOS) last announced its quarterly earnings results on Tuesday, May 5th. The aerospace company reported $3.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.88 by $0.25. The business had revenue of $4.40 billion for the quarter, compared to analyst estimates of $4.28 billion. Leidos had a net margin of 8.15% and a return on equity of 31.92%. The company’s revenue was up 3.7% on a year-over-year basis. During the same quarter last year, the firm earned $2.97 EPS. Leidos has set its FY 2026 guidance at 12.100-12.500 EPS. As a group, equities analysts expect that Leidos will post 12.25 EPS for the current year.

Insider Activity

In other news, Director Gary Stephen May sold 1,484 shares of the firm’s stock in a transaction dated Thursday, May 7th. The shares were sold at an average price of $132.75, for a total value of $197,001.00. Following the completion of the sale, the director directly owned 10,137 shares of the company’s stock, valued at approximately $1,345,686.75. This trade represents a 12.77% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Elizabeth A. Porter sold 2,000 shares of the firm’s stock in a transaction dated Tuesday, April 7th. The stock was sold at an average price of $158.78, for a total transaction of $317,560.00. Following the completion of the sale, the insider directly owned 49,476 shares of the company’s stock, valued at approximately $7,855,799.28. This represents a 3.89% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.77% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Longview Financial Advisors Inc. purchased a new position in Leidos during the 1st quarter valued at about $26,000. JFS Wealth Advisors LLC lifted its position in Leidos by 77.6% during the 4th quarter. JFS Wealth Advisors LLC now owns 151 shares of the aerospace company’s stock valued at $27,000 after acquiring an additional 66 shares during the period. Hantz Financial Services Inc. lifted its position in Leidos by 94.7% during the 4th quarter. Hantz Financial Services Inc. now owns 148 shares of the aerospace company’s stock valued at $27,000 after acquiring an additional 72 shares during the period. Hilton Head Capital Partners LLC purchased a new position in Leidos during the 4th quarter valued at about $28,000. Finally, Rakuten Securities Inc. lifted its position in Leidos by 110.5% during the 4th quarter. Rakuten Securities Inc. now owns 160 shares of the aerospace company’s stock valued at $29,000 after acquiring an additional 84 shares during the period. 76.12% of the stock is owned by hedge funds and other institutional investors.

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.