Leidos (NYSE:LDOS) Cut to “Hold” at Wall Street Zen

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

Several other research firms also recently weighed in on LDOS. Argus raised Leidos to a “strong-buy” rating in a research report on Tuesday, March 31st. TD Cowen lowered their price objective on shares of Leidos from $160.00 to $115.00 and set a “hold” rating for the company in a research note on Tuesday. Citigroup cut their target price on shares of Leidos from $178.00 to $138.00 and set a “buy” rating on the stock in a research note on Wednesday, July 1st. Royal Bank Of Canada reduced their target price on shares of Leidos from $215.00 to $180.00 and set an “outperform” rating on the stock in a report on Wednesday, May 6th. Finally, Bank of America reissued a “neutral” rating and issued a $125.00 price target (down from $200.00) on shares of Leidos in a research report on Wednesday, June 17th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $167.69.

Leidos Stock Down 0.1%

Shares of NYSE LDOS opened at $108.61 on Wednesday. The firm has a market cap of $13.66 billion, a price-to-earnings ratio of 9.95, a PEG ratio of 1.60 and a beta of 0.54. The company has a quick ratio of 1.29, a current ratio of 1.40 and a debt-to-equity ratio of 1.19. Leidos has a 52-week low of $98.86 and a 52-week high of $205.77. The business’s 50 day moving average is $121.32 and its two-hundred day moving average is $156.40.

Leidos (NYSE:LDOS) last released its quarterly earnings results on Tuesday, May 5th. The aerospace company reported $3.13 EPS for the quarter, topping the consensus estimate of $2.88 by $0.25. Leidos had a return on equity of 31.92% and a net margin of 8.15%.The business had revenue of $4.40 billion during the quarter, compared to analyst estimates of $4.28 billion. During the same period last year, the business posted $2.97 earnings per share. The company’s quarterly revenue was up 3.7% on a year-over-year basis. Leidos has set its FY 2026 guidance at 12.100-12.500 EPS. Research analysts predict that Leidos will post 12.26 EPS for the current year.

Insider Transactions at Leidos

In other Leidos news, Director Gary Stephen May sold 1,484 shares of the company’s stock in a transaction on 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 transaction, the director owned 10,137 shares in the company, valued at $1,345,686.75. This represents a 12.77% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.77% of the stock is owned by company insiders.

Institutional Investors Weigh In On Leidos

A number of institutional investors and hedge funds have recently added to or reduced their stakes in LDOS. Hantz Financial Services Inc. lifted its stake in shares of Leidos by 94.7% in the 4th quarter. Hantz Financial Services Inc. now owns 148 shares of the aerospace company’s stock worth $27,000 after acquiring an additional 72 shares during the period. JFS Wealth Advisors LLC increased its stake in shares of Leidos by 77.6% during the fourth quarter. JFS Wealth Advisors LLC now owns 151 shares of the aerospace company’s stock worth $27,000 after acquiring an additional 66 shares during the period. Hilton Head Capital Partners LLC purchased a new position in Leidos during the fourth quarter worth about $28,000. Rakuten Securities Inc. raised its holdings in Leidos by 110.5% during the fourth quarter. Rakuten Securities Inc. now owns 160 shares of the aerospace company’s stock worth $29,000 after purchasing an additional 84 shares in the last quarter. Finally, Longview Financial Advisors Inc. acquired a new stake in Leidos in the first quarter valued at about $26,000. Hedge funds and other institutional investors own 76.12% of the company’s stock.

About Leidos

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.