Leidos Holdings Inc (NYSE:LDOS) Receives $80.56 Consensus Price Target from Brokerages

Leidos Holdings Inc (NYSE:LDOS) has received a consensus rating of “Buy” from the eleven analysts that are covering the stock, Marketbeat Ratings reports. Five equities research analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is $82.00.

A number of brokerages have recently issued reports on LDOS. Cowen reissued a “buy” rating and set a $77.00 price objective on shares of Leidos in a research report on Tuesday, April 30th. Citigroup downgraded shares of Leidos from a “buy” rating to a “neutral” rating and boosted their price objective for the company from $75.00 to $83.00 in a research report on Tuesday, July 9th. Zacks Investment Research downgraded shares of Leidos from a “buy” rating to a “hold” rating and set a $85.00 price objective for the company. in a research report on Tuesday, July 2nd. SunTrust Banks boosted their price objective on shares of Leidos to $95.00 and gave the company a “buy” rating in a research report on Wednesday. Finally, Morgan Stanley began coverage on shares of Leidos in a research report on Monday, June 3rd. They set an “equal weight” rating and a $75.00 price objective for the company.

NYSE:LDOS traded down $1.55 during trading hours on Friday, reaching $81.86. The company had a trading volume of 3,358,151 shares, compared to its average volume of 805,059. The company has a debt-to-equity ratio of 0.96, a quick ratio of 1.23 and a current ratio of 1.30. Leidos has a 52 week low of $50.33 and a 52 week high of $85.47. The stock has a market cap of $11.77 billion, a price-to-earnings ratio of 18.69, a price-to-earnings-growth ratio of 2.34 and a beta of 1.56. The company’s 50 day simple moving average is $80.72.

Leidos (NYSE:LDOS) last issued its quarterly earnings data on Tuesday, July 30th. The aerospace company reported $1.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.10 by $0.06. Leidos had a net margin of 6.27% and a return on equity of 20.11%. The firm had revenue of $2.73 billion during the quarter, compared to the consensus estimate of $2.64 billion. During the same quarter in the previous year, the firm posted $1.12 EPS. The company’s revenue for the quarter was up 7.9% compared to the same quarter last year. On average, equities research analysts predict that Leidos will post 4.67 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Monday, September 30th. Investors of record on Monday, September 16th will be issued a $0.34 dividend. The ex-dividend date of this dividend is Friday, September 13th. This represents a $1.36 annualized dividend and a yield of 1.66%. This is an increase from Leidos’s previous quarterly dividend of $0.32. Leidos’s dividend payout ratio is currently 29.22%.

Institutional investors have recently modified their holdings of the stock. Anchor Capital Advisors LLC lifted its stake in Leidos by 0.4% in the 2nd quarter. Anchor Capital Advisors LLC now owns 30,229 shares of the aerospace company’s stock worth $2,414,000 after purchasing an additional 121 shares in the last quarter. CWM LLC lifted its stake in Leidos by 66.0% in the 2nd quarter. CWM LLC now owns 332 shares of the aerospace company’s stock worth $27,000 after purchasing an additional 132 shares in the last quarter. Cetera Advisor Networks LLC lifted its stake in Leidos by 0.8% in the 1st quarter. Cetera Advisor Networks LLC now owns 18,216 shares of the aerospace company’s stock worth $1,169,000 after purchasing an additional 151 shares in the last quarter. Trust Co. of Vermont lifted its stake in Leidos by 6.1% in the 2nd quarter. Trust Co. of Vermont now owns 2,794 shares of the aerospace company’s stock worth $223,000 after purchasing an additional 160 shares in the last quarter. Finally, Proffitt & Goodson Inc. lifted its stake in Leidos by 0.7% in the 1st quarter. Proffitt & Goodson Inc. now owns 26,428 shares of the aerospace company’s stock worth $1,694,000 after purchasing an additional 177 shares in the last quarter. 74.71% of the stock is owned by institutional investors.

About Leidos

Leidos Holdings, Inc provides services and solutions in the defense, intelligence, civil, and health markets in the United States and internationally. It operates through three segments: Defense Solutions, Civil, and Health. 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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Analyst Recommendations for Leidos (NYSE:LDOS)

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