Leidos (NYSE:LDOS) Hits New 12-Month Low – Here’s What Happened

Leidos Holdings, Inc. (NYSE:LDOS) hit a new 52-week low on Tuesday . The stock traded as low as $99.51 and last traded at $101.3960, with a volume of 44108 shares changing hands. The stock had previously closed at $100.44.

Analysts Set New Price Targets

Several analysts have recently issued reports on the company. Wells Fargo & Company set a $125.00 target price on Leidos in a report on Wednesday, June 17th. Royal Bank Of Canada dropped their price target on Leidos from $215.00 to $180.00 and set an “outperform” rating for the company in a research note on Wednesday, May 6th. Wall Street Zen raised shares of Leidos from a “hold” rating to a “buy” rating in a research report on Tuesday. Truist Financial reduced their price objective on shares of Leidos from $220.00 to $195.00 and set a “buy” rating on the stock in a research note on Monday, April 20th. Finally, Citigroup lowered shares of Leidos from a “buy” rating to a “neutral” rating in a report on Wednesday, June 17th. One equities research 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 stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $177.92.

Leidos Stock Performance

The firm has a market capitalization of $12.66 billion, a price-to-earnings ratio of 9.23, a PEG ratio of 1.50 and a beta of 0.51. 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 stock’s 50-day moving average is $126.66 and its 200-day moving average is $159.77.

Leidos (NYSE:LDOS) last issued its earnings results on Tuesday, May 5th. The aerospace company reported $3.13 earnings per share for the quarter, beating analysts’ consensus estimates of $2.88 by $0.25. The firm had revenue of $4.40 billion for the quarter, compared to analyst estimates of $4.28 billion. Leidos had a net margin of 8.15% and a return on equity of 31.92%. The company’s quarterly revenue was up 3.7% on a year-over-year basis. During the same quarter last year, the business posted $2.97 earnings per share. Leidos has set its FY 2026 guidance at 12.100-12.500 EPS. On average, analysts predict that Leidos Holdings, Inc. will post 12.26 EPS for the current fiscal year.

Leidos Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be issued a dividend of $0.43 per share. The ex-dividend date of this dividend is Monday, June 15th. This represents a $1.72 annualized dividend and a dividend yield of 1.7%. Leidos’s dividend payout ratio (DPR) is 15.75%.

Insider Buying and Selling at Leidos

In related news, insider Elizabeth A. Porter sold 2,000 shares of the business’s stock in a transaction on Tuesday, April 7th. The stock was 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 position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Gary Stephen May sold 1,484 shares of the company’s stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $132.75, for a total value of $197,001.00. Following the completion of the transaction, the director directly owned 10,137 shares of the company’s stock, valued at approximately $1,345,686.75. The trade was a 12.77% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 0.77% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Redwood Investment Management LLC grew its holdings in Leidos by 116.0% during the 1st quarter. Redwood Investment Management LLC now owns 11,235 shares of the aerospace company’s stock worth $1,747,000 after acquiring an additional 6,033 shares during the last quarter. Pacer Advisors Inc. raised its stake in shares of Leidos by 30.5% during the first quarter. Pacer Advisors Inc. now owns 567,601 shares of the aerospace company’s stock valued at $88,273,000 after acquiring an additional 132,683 shares during the last quarter. DV Trading LLC raised its stake in shares of Leidos by 300.0% during 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 last quarter. Glenmede Trust Co. NA lifted its holdings in shares of Leidos by 124.3% during the first quarter. Glenmede Trust Co. NA now owns 5,042 shares of the aerospace company’s stock worth $784,000 after purchasing an additional 2,794 shares during the period. Finally, Western Wealth Management LLC acquired a new position in shares of Leidos during the first quarter worth $42,000. 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.