Leidos (NYSE:LDOS) Upgraded at Wall Street Zen

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

Other equities analysts have also recently issued reports about the company. Weiss Ratings cut Leidos from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, June 8th. Jefferies Financial Group reduced their price target on Leidos from $140.00 to $110.00 and set a “hold” rating on the stock in a research note on Wednesday, July 1st. The Goldman Sachs Group lowered their price target on Leidos from $171.00 to $152.00 and set a “neutral” rating for the company in a report on Tuesday. Argus raised shares of Leidos to a “strong-buy” rating in a research report on Tuesday, March 31st. Finally, Bank of America restated a “neutral” rating and set a $125.00 price objective (down from $200.00) on shares of Leidos in a report on Wednesday, June 17th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and ten have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $163.80.

Leidos Trading Up 1.6%

Shares of LDOS stock opened at $108.22 on Thursday. The stock has a market cap of $13.61 billion, a P/E ratio of 9.91, a P/E/G ratio of 1.56 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 fifty-two week low of $98.86 and a fifty-two week high of $205.77. The business has a fifty day simple moving average of $117.02 and a 200-day simple moving average of $153.10.

Leidos (NYSE:LDOS) last posted its earnings results on Tuesday, May 5th. The aerospace company reported $3.13 earnings per share for the quarter, beating the consensus estimate of $2.88 by $0.25. Leidos had a net margin of 8.15% and a return on equity of 31.92%. The firm had revenue of $4.40 billion during the quarter, compared to the consensus estimate of $4.28 billion. During the same period last year, the firm posted $2.97 EPS. The firm’s revenue for the quarter was up 3.7% on a year-over-year basis. Leidos has set its FY 2026 guidance at 12.100-12.500 EPS. On average, analysts forecast that Leidos will post 12.3 earnings per share for the current fiscal year.

Insider Activity at Leidos

In related news, Director Gary Stephen May sold 1,484 shares of the firm’s stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $132.75, for a total transaction of $197,001.00. Following the sale, the director directly owned 10,137 shares in the company, valued at approximately $1,345,686.75. This trade represents a 12.77% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 0.77% of the company’s stock.

Institutional Investors Weigh In On Leidos

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