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. 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. Intelligence Community, the Department of Defense, the National Aeronautics and Space Administration, military services, and government agencies of U.S. allies abroad, as well as other federal and commercial customers in the national security industry. Its solutions include technology, large-scale systems, command and control platforms, data analytics, logistics, and cybersecurity solutions, as well as intelligence analysis and operations support services to critical missions. The Civil segment provides systems integration services to air navigation service providers, including the federal aviation administration, the En route automation modernization, advanced technology oceanic procedure, time based flow management, terminal flight data management, geo-7, and future flight services, as well as enterprise-information display systems; and security detection and automation services. It also offers information technology (IT) solutions in cloud computing, mobility, application modernization, DevOps, data center, network modernization, asset management, help desk operations, and digital workplace enablement; and environment, energy, and infrastructure services. The Health segment offers solutions to federal and commercial customers responsible for health and well-being of people worldwide, including health information management, managed health, digital transformation, and life sciences research and development services. Leidos Holdings, Inc. was founded in 1969 and is headquartered in Reston, Virginia.
Leidos Stock Performance
LDOS Stock traded up $0.52 during midday trading on Wednesday, reaching $98.64. 550,829 shares of the company were exchanged, compared to its average volume of 931,228. The company has a debt-to-equity ratio of 0.99, a current ratio of 0.90 and a quick ratio of 0.83. The business has a 50-day moving average price of $100.71 and a two-hundred day moving average price of $101.05. Leidos has a one year low of $81.07 and a one year high of $111.12. The firm has a market capitalization of $13.47 billion, a price-to-earnings ratio of 19.15, a price-to-earnings-growth ratio of 2.28 and a beta of 0.71.
Leidos (NYSE:LDOS - Get Rating) last released its quarterly earnings data on Tuesday, August 2nd. The aerospace company reported $1.59 EPS for the quarter, topping analysts' consensus estimates of $1.55 by $0.04. Leidos had a net margin of 5.15% and a return on equity of 22.18%. The firm had revenue of $3.60 billion during the quarter, compared to analysts' expectations of $3.52 billion. During the same period in the previous year, the business posted $1.52 earnings per share. The company's revenue for the quarter was up 4.3% compared to the same quarter last year. Equities research analysts forecast that Leidos will post 6.37 EPS for the current year.
Leidos Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Friday, September 30th. Stockholders of record on Thursday, September 15th will be given a $0.36 dividend. The ex-dividend date is Wednesday, September 14th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.46%. Leidos's payout ratio is presently 27.96%.
Analyst Ratings Changes
A number of brokerages have weighed in on LDOS. Barclays lowered shares of Leidos from an "overweight" rating to an "equal weight" rating and set a $105.00 price target on the stock. in a research note on Tuesday, June 7th. The Goldman Sachs Group lifted their price objective on shares of Leidos from $118.00 to $132.00 and gave the company a "buy" rating in a report on Thursday, April 14th. Morgan Stanley lifted their price objective on shares of Leidos from $107.00 to $110.00 and gave the company an "equal weight" rating in a report on Wednesday, August 3rd. Truist Financial lifted their price objective on shares of Leidos from $108.00 to $120.00 in a report on Wednesday, May 4th. Finally, StockNews.com upgraded shares of Leidos from a "hold" rating to a "buy" rating in a report on Friday, April 15th. Four analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $113.00.
Insider Activity
In related news, Director Harry M. Jansen Kraemer, Jr. sold 7,274 shares of the company's stock in a transaction dated Thursday, May 26th. The shares were sold at an average price of $103.18, for a total transaction of $750,531.32. Following the completion of the sale, the director now owns 84,277 shares of the company's stock, valued at $8,695,700.86. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In related news, Director Harry M. Jansen Kraemer, Jr. sold 7,274 shares of the company's stock in a transaction dated Thursday, May 26th. The shares were sold at an average price of $103.18, for a total transaction of $750,531.32. Following the completion of the sale, the director now owns 84,277 shares of the company's stock, valued at $8,695,700.86. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider James Robert Moos sold 516 shares of the company's stock in a transaction dated Wednesday, June 15th. The stock was sold at an average price of $98.56, for a total transaction of $50,856.96. Following the sale, the insider now directly owns 21,391 shares of the company's stock, valued at approximately $2,108,296.96. The disclosure for this sale can be found here. 1.67% of the stock is currently owned by company insiders.
