FY2025 EPS Estimates for Leidos Raised by Cantor Fitzgerald

Leidos Holdings, Inc. (NYSE:LDOS - Free Report) - Equities researchers at Cantor Fitzgerald boosted their FY2025 earnings estimates for shares of Leidos in a report issued on Tuesday, May 6th. Cantor Fitzgerald analyst C. Canfield now forecasts that the aerospace company will earn $10.10 per share for the year, up from their prior forecast of $9.77. Cantor Fitzgerald has a "Strong-Buy" rating on the stock. The consensus estimate for Leidos' current full-year earnings is $10.62 per share.

Other analysts also recently issued reports about the company. UBS Group lifted their price target on Leidos from $149.00 to $168.00 and gave the stock a "neutral" rating in a report on Wednesday. William Blair lowered shares of Leidos from an "outperform" rating to a "market perform" rating in a research note on Friday, February 21st. Wells Fargo & Company boosted their price objective on shares of Leidos from $173.00 to $200.00 and gave the stock an "overweight" rating in a research report on Thursday. Truist Financial dropped their target price on shares of Leidos from $165.00 to $155.00 and set a "buy" rating on the stock in a research report on Monday, April 14th. Finally, Royal Bank of Canada boosted their price target on shares of Leidos from $150.00 to $160.00 and gave the company a "sector perform" rating in a research report on Wednesday. Five research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $180.69.

Leidos Stock Up 0.8 %

Shares of LDOS traded up $1.19 during midday trading on Wednesday, reaching $155.90. The stock had a trading volume of 1,306,414 shares, compared to its average volume of 1,206,757. The company has a market cap of $19.99 billion, a price-to-earnings ratio of 16.87, a PEG ratio of 1.65 and a beta of 0.65. The company's fifty day simple moving average is $140.16 and its two-hundred day simple moving average is $149.45. Leidos has a 1-year low of $123.62 and a 1-year high of $202.90. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.21 and a quick ratio of 1.13.

Leidos (NYSE:LDOS - Get Free Report) last posted its quarterly earnings results on Tuesday, May 6th. The aerospace company reported $2.97 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.47 by $0.50. Leidos had a return on equity of 30.93% and a net margin of 7.53%. The company had revenue of $4.25 billion for the quarter, compared to analyst estimates of $4.11 billion. During the same quarter last year, the company earned $2.29 EPS. Leidos's revenue for the quarter was up 6.8% compared to the same quarter last year.

Leidos Announces Dividend

The company also recently declared 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 dividend on an annualized basis and a dividend yield of 1.03%. Leidos's dividend payout ratio (DPR) is 17.32%.

Insider Buying and Selling

In other news, Director Gregory R. Dahlberg sold 1,250 shares of the company's stock in a transaction on Friday, May 9th. The shares were sold at an average price of $154.55, for a total transaction of $193,187.50. Following the transaction, the director now directly owns 20,195 shares of the company's stock, valued at $3,121,137.25. This represents a 5.83 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Robert C. Kovarik, Jr. sold 1,511 shares of the firm's stock in a transaction dated 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 sale, the director now owns 6,408 shares of the company's stock, valued at $862,260.48. This trade represents a 19.08 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 4,889 shares of company stock valued at $675,786 over the last ninety days. Corporate insiders own 0.69% of the company's stock.

Institutional Trading of Leidos

A number of institutional investors have recently bought and sold shares of the company. Barclays PLC increased its holdings in Leidos by 53.1% during the 3rd quarter. Barclays PLC now owns 576,022 shares of the aerospace company's stock valued at $93,891,000 after acquiring an additional 199,686 shares in the last quarter. World Investment Advisors LLC increased its stake in shares of Leidos by 18.3% during the 3rd quarter. World Investment Advisors LLC now owns 3,395 shares of the aerospace company's stock worth $553,000 after purchasing an additional 526 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in Leidos in the 3rd quarter valued at approximately $311,000. Franklin Resources Inc. grew its holdings in Leidos by 30.3% during the 3rd quarter. Franklin Resources Inc. now owns 346,690 shares of the aerospace company's stock valued at $58,459,000 after buying an additional 80,642 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its position in Leidos by 13.1% during the third quarter. JPMorgan Chase & Co. now owns 3,504,392 shares of the aerospace company's stock worth $571,216,000 after buying an additional 405,256 shares in the last quarter. 76.12% of the stock is currently owned by hedge funds and other institutional investors.

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.