Brokerages Set Leidos Holdings, Inc. (NYSE:LDOS) Price Target at $199.23

Shares of Leidos Holdings, Inc. (NYSE:LDOS) have earned a consensus rating of “Moderate Buy” from the sixteen brokerages that are covering the firm, MarketBeat.com reports. Six analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $205.4167.

Several research firms have weighed in on LDOS. UBS Group upped their price target on Leidos from $209.00 to $216.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 5th. Truist Financial reaffirmed a “buy” rating and set a $220.00 price target (up from $200.00) on shares of Leidos in a research report on Tuesday, November 4th. Cantor Fitzgerald increased their price objective on shares of Leidos from $185.00 to $225.00 and gave the stock an “overweight” rating in a research note on Friday, October 31st. Weiss Ratings reiterated a “buy (b-)” rating on shares of Leidos in a research report on Monday. Finally, Citigroup started coverage on Leidos in a report on Thursday, December 11th. They issued a “buy” rating and a $218.00 price target for the company.

Leidos Trading Down 0.1%

Shares of LDOS opened at $181.96 on Wednesday. Leidos has a twelve month low of $123.62 and a twelve month high of $205.77. The business’s 50-day moving average price is $190.01 and its 200-day moving average price is $176.69. The company has a quick ratio of 1.50, a current ratio of 1.62 and a debt-to-equity ratio of 0.94. The stock has a market cap of $23.27 billion, a PE ratio of 16.93, a P/E/G ratio of 1.37 and a beta of 0.58.

Leidos (NYSE:LDOS) last announced its quarterly earnings data on Tuesday, November 4th. The aerospace company reported $3.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.61 by $0.44. Leidos had a net margin of 8.11% and a return on equity of 33.02%. The company had revenue of $4.47 billion during the quarter, compared to analysts’ expectations of $4.28 billion. Leidos has set its FY 2025 guidance at 11.450-11.75 EPS. On average, equities analysts forecast that Leidos will post 10.62 EPS for the current fiscal year.

Leidos Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Monday, December 15th will be given a dividend of $0.43 per share. This is an increase from Leidos’s previous quarterly dividend of $0.40. This represents a $1.72 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend is Monday, December 15th. Leidos’s dividend payout ratio is currently 16.04%.

Hedge Funds Weigh In On Leidos

A number of institutional investors and hedge funds have recently modified their holdings of the company. Deutsche Bank AG lifted its position in Leidos by 26.0% in the first quarter. Deutsche Bank AG now owns 494,073 shares of the aerospace company’s stock valued at $66,670,000 after acquiring an additional 101,953 shares during the last quarter. Citigroup Inc. boosted its position in shares of Leidos by 13.5% in the 1st quarter. Citigroup Inc. now owns 183,546 shares of the aerospace company’s stock valued at $24,768,000 after purchasing an additional 21,762 shares during the period. National Bank of Canada FI grew its stake in Leidos by 65.4% during the 1st quarter. National Bank of Canada FI now owns 110,690 shares of the aerospace company’s stock worth $14,936,000 after buying an additional 43,768 shares during the last quarter. Zions Bancorporation National Association UT purchased a new stake in Leidos in the first quarter valued at approximately $33,000. Finally, JPMorgan Chase & Co. boosted its holdings in shares of Leidos by 7.9% in the first quarter. JPMorgan Chase & Co. now owns 3,416,817 shares of the aerospace company’s stock valued at $461,065,000 after acquiring an additional 251,245 shares during the period. Institutional investors and hedge funds own 76.12% of the company’s stock.

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.