Leidos Holdings, Inc. (NYSE:LDOS – Free Report) – Equities researchers at Cantor Fitzgerald lifted their FY2025 EPS estimates for Leidos in a report released on Tuesday, May 6th. Cantor Fitzgerald analyst C. Canfield now anticipates that the aerospace company will post earnings of $10.10 per share for the year, up from their prior estimate of $9.77. Cantor Fitzgerald currently has a “Strong-Buy” rating on the stock. The consensus estimate for Leidos’ current full-year earnings is $10.62 per share.
Leidos (NYSE:LDOS – Get Free Report) last issued its earnings results on Tuesday, May 6th. The aerospace company reported $2.97 EPS for the quarter, topping analysts’ consensus estimates of $2.47 by $0.50. Leidos had a net margin of 7.53% and a return on equity of 30.93%. The business had revenue of $4.25 billion for the quarter, compared to the consensus estimate of $4.11 billion. During the same period in the prior year, the firm earned $2.29 EPS. The company’s revenue for the quarter was up 6.8% compared to the same quarter last year.
Get Our Latest Stock Analysis on Leidos
Leidos Trading Up 0.1 %
LDOS opened at $154.81 on Wednesday. The company has a quick ratio of 1.13, a current ratio of 1.21 and a debt-to-equity ratio of 0.91. The stock’s fifty day moving average is $139.69 and its two-hundred day moving average is $149.53. The company has a market capitalization of $19.85 billion, a P/E ratio of 16.75, a PEG ratio of 1.65 and a beta of 0.65. Leidos has a 52 week low of $123.62 and a 52 week high of $202.90.
Leidos Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Monday, June 16th will be paid a dividend of $0.40 per share. The ex-dividend date of this dividend is Monday, June 16th. This represents a $1.60 annualized dividend and a dividend yield of 1.03%. Leidos’s payout ratio is currently 17.32%.
Insider Activity
In other Leidos news, Director Robert C. Kovarik, Jr. sold 1,511 shares of the firm’s stock in a transaction that occurred on Thursday, February 13th. The shares were sold at an average price of $134.56, for a total transaction of $203,320.16. Following the completion of the transaction, the director now directly owns 6,408 shares of the company’s stock, valued at approximately $862,260.48. This trade represents a 19.08 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Gary Stephen May sold 2,128 shares of the company’s stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $131.24, for a total transaction of $279,278.72. Following the completion of the sale, the director now directly owns 11,264 shares in the company, valued at $1,478,287.36. This trade represents a 15.89 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.69% of the company’s stock.
Institutional Trading of Leidos
Several hedge funds and other institutional investors have recently bought and sold shares of LDOS. Norges Bank purchased a new position in Leidos in the fourth quarter valued at $266,419,000. Alliancebernstein L.P. grew its position in shares of Leidos by 510.6% during the 4th quarter. Alliancebernstein L.P. now owns 999,661 shares of the aerospace company’s stock valued at $144,011,000 after acquiring an additional 835,930 shares during the period. Pacer Advisors Inc. increased its stake in shares of Leidos by 3,450.0% in the 1st quarter. Pacer Advisors Inc. now owns 704,106 shares of the aerospace company’s stock valued at $95,012,000 after purchasing an additional 684,272 shares in the last quarter. Invesco Ltd. raised its holdings in Leidos by 35.0% in the 4th quarter. Invesco Ltd. now owns 2,630,448 shares of the aerospace company’s stock worth $378,942,000 after purchasing an additional 682,532 shares during the period. Finally, Massachusetts Financial Services Co. MA boosted its position in Leidos by 29.8% during the first quarter. Massachusetts Financial Services Co. MA now owns 2,336,222 shares of the aerospace company’s stock worth $315,250,000 after purchasing an additional 536,452 shares in the last quarter. 76.12% of the stock is owned by institutional investors and hedge funds.
Leidos Company Profile
Leidos Holdings, Inc, together with its subsidiaries, provides services and solutions in the defense, intelligence, civil, and health markets in the United States and internationally. The company operates through Defense Solutions, Civil, and Health segments. 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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