Leidos (NYSE:LDOS) Stock Rating Lowered by Wall Street Zen

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

Other equities research analysts have also recently issued reports about the stock. Stifel Nicolaus decreased their price target on shares of Leidos from $205.00 to $193.00 and set a “hold” rating for the company in a report on Wednesday, May 6th. BNP Paribas Exane began coverage on Leidos in a report on Wednesday, May 27th. They issued an “outperform” rating and a $165.00 target price on the stock. Truist Financial dropped their price target on Leidos from $220.00 to $195.00 and set a “buy” rating on the stock in a research report on Monday, April 20th. Wells Fargo & Company set a $125.00 price target on Leidos in a report on Wednesday. Finally, Jefferies Financial Group cut Leidos from a “buy” rating to a “hold” rating and reduced their price objective for the company from $185.00 to $140.00 in a research report on Wednesday, June 3rd. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $177.92.

Leidos Stock Up 0.0%

NYSE:LDOS opened at $107.16 on Monday. The firm has a market capitalization of $13.48 billion, a price-to-earnings ratio of 9.81, a PEG ratio of 1.58 and a beta of 0.51. Leidos has a 1-year low of $106.08 and a 1-year high of $205.77. The company has a current ratio of 1.40, a quick ratio of 1.29 and a debt-to-equity ratio of 1.19. The business’s fifty day moving average price is $133.08 and its 200 day moving average price is $163.35.

Leidos (NYSE:LDOS) last posted its quarterly earnings results on Tuesday, May 5th. The aerospace company reported $3.13 EPS for the quarter, beating the consensus estimate of $2.88 by $0.25. The business had revenue of $4.40 billion for the quarter, compared to analysts’ expectations of $4.28 billion. Leidos had a net margin of 8.15% and a return on equity of 31.92%. Leidos’s revenue was up 3.7% on a year-over-year basis. During the same period in the previous year, the company posted $2.97 EPS. Leidos has set its FY 2026 guidance at 12.100-12.500 EPS. On average, sell-side analysts forecast that Leidos will post 12.25 earnings per share for the current fiscal year.

Insider Buying and Selling at Leidos

In other Leidos news, insider Elizabeth A. Porter sold 2,000 shares of Leidos stock in a transaction on Tuesday, April 7th. The shares were sold at an average price of $158.78, for a total transaction of $317,560.00. Following the sale, the insider owned 49,476 shares in the company, valued at $7,855,799.28. The trade was a 3.89% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Gary Stephen May sold 1,484 shares of Leidos stock in a transaction dated Thursday, May 7th. The shares were sold at an average price of $132.75, for a total transaction of $197,001.00. Following the sale, the director owned 10,137 shares in the company, valued at approximately $1,345,686.75. This trade represents a 12.77% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.77% of the stock is owned by company insiders.

Institutional Investors Weigh In On Leidos

Several large investors have recently modified their holdings of LDOS. Pacer Advisors Inc. lifted its position in shares of Leidos by 30.5% during the 1st quarter. Pacer Advisors Inc. now owns 567,601 shares of the aerospace company’s stock worth $88,273,000 after buying an additional 132,683 shares during the period. DV Trading LLC grew its position in Leidos by 300.0% in the first quarter. DV Trading LLC now owns 1,600 shares of the aerospace company’s stock valued at $249,000 after acquiring an additional 1,200 shares during the period. Glenmede Trust Co. NA grew its position in Leidos by 124.3% in the first quarter. Glenmede Trust Co. NA now owns 5,042 shares of the aerospace company’s stock valued at $784,000 after acquiring an additional 2,794 shares during the period. Western Wealth Management LLC acquired a new position in Leidos during the first quarter worth $42,000. Finally, Arkadios Wealth Advisors raised its stake in Leidos by 0.8% during the first quarter. Arkadios Wealth Advisors now owns 25,432 shares of the aerospace company’s stock worth $3,955,000 after acquiring an additional 212 shares in the last quarter. 76.12% of the stock is currently owned by 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.