Leidos (NYSE:LDOS) Posts Quarterly Earnings Results, Beats Expectations By $0.58 EPS

Key Points

• Leidos reported quarterly earnings of $3.21 EPS, exceeding the consensus estimate of $2.63 EPS by $0.58 and achieving a revenue of $4.25 billion, slightly above expectations.
• The company announced a quarterly dividend of $0.40 per share, reflecting an annualized yield of 0.9%, with the payout scheduled for September 30th.
• Following the earnings announcement, Leidos stock surged 7.2%, reaching a trading price of $172.48.

Leidos (NYSE:LDOS - Get Free Report) posted its quarterly earnings data on Tuesday. The aerospace company reported $3.21 earnings per share for the quarter, topping the consensus estimate of $2.63 by $0.58, Zacks reports. Leidos had a net margin of 7.87% and a return on equity of 32.62%. The company had revenue of $4.25 billion during the quarter, compared to analysts' expectations of $4.24 billion. During the same period in the prior year, the company posted $2.63 earnings per share. Leidos's revenue for the quarter was up 2.9% compared to the same quarter last year. Leidos updated its FY 2025 guidance to 11.150-11.450 EPS.

Leidos Stock Up 7.2%

LDOS stock traded up $11.53 during trading on Tuesday, reaching $172.48. The stock had a trading volume of 1,065,798 shares, compared to its average volume of 1,393,015. The company has a current ratio of 1.54, a quick ratio of 1.42 and a debt-to-equity ratio of 1.17. Leidos has a 1-year low of $123.62 and a 1-year high of $202.90. The company has a market capitalization of $22.20 billion, a P/E ratio of 17.35, a PEG ratio of 1.92 and a beta of 0.65. The firm has a fifty day moving average price of $155.60 and a 200 day moving average price of $146.48.

Leidos Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th will be issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date is Monday, September 15th. Leidos's dividend payout ratio is 16.10%.

Insider Activity at Leidos

In other Leidos news, Director Gregory R. Dahlberg sold 1,250 shares of the business's stock in a transaction dated Friday, May 9th. The shares were sold at an average price of $154.55, for a total transaction of $193,187.50. Following the sale, the director directly owned 20,195 shares of the company's stock, valued at $3,121,137.25. The trade was a 5.83% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Insiders own 0.96% of the company's stock.

Institutional Trading of Leidos

A hedge fund recently raised its stake in Leidos stock. Focus Partners Wealth increased its holdings in Leidos Holdings, Inc. (NYSE:LDOS - Free Report) by 46.5% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,073 shares of the aerospace company's stock after buying an additional 976 shares during the period. Focus Partners Wealth's holdings in Leidos were worth $415,000 as of its most recent SEC filing. 76.12% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts recently issued reports on LDOS shares. Truist Financial lowered their price objective on Leidos from $165.00 to $155.00 and set a "buy" rating on the stock in a research report on Monday, April 14th. UBS Group upped their target price on shares of Leidos from $149.00 to $168.00 and gave the stock a "neutral" rating in a research report on Wednesday, May 7th. Royal Bank Of Canada raised their price target on shares of Leidos from $150.00 to $160.00 and gave the stock a "sector perform" rating in a research report on Wednesday, May 7th. Wall Street Zen upgraded Leidos from a "buy" rating to a "strong-buy" rating in a research note on Saturday, July 5th. Finally, Robert W. Baird lowered Leidos from an "outperform" rating to a "neutral" rating and set a $163.00 target price on the stock. in a research report on Tuesday, May 27th. Seven analysts have rated the stock with a hold rating, seven have assigned a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat, Leidos presently has an average rating of "Moderate Buy" and an average target price of $175.15.

About Leidos

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.

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