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.
Wall Street Analysts Forecast Growth
LDOS has been the topic of a number of analyst reports. The Goldman Sachs Group boosted their target price 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 raised their target price on Leidos from $107.00 to $110.00 and gave the stock an "equal weight" rating in a research note on Wednesday, August 3rd. Truist Financial upped their price target on Leidos from $108.00 to $120.00 in a research report on Wednesday, May 4th. Barclays cut shares of Leidos from an "overweight" rating to an "equal weight" rating and set a $105.00 price objective for the company. in a research note on Tuesday, June 7th. Finally, StockNews.com upgraded shares of Leidos from a "hold" rating to a "buy" rating in a research note on Friday, April 15th. Four equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $113.00.
Leidos Price Performance
Shares of Leidos stock traded up $1.90 on Friday, hitting $100.06. 499,225 shares of the company traded hands, compared to its average volume of 927,714. Leidos has a 12-month low of $81.07 and a 12-month high of $111.12. The firm's 50-day simple moving average is $100.56 and its 200 day simple moving average is $101.09. The company has a market cap of $13.66 billion, a P/E ratio of 19.43, a P/E/G ratio of 2.24 and a beta of 0.71. The company has a current ratio of 0.90, a quick ratio of 0.83 and a debt-to-equity ratio of 0.99.
Leidos (NYSE:LDOS - Get Rating) last issued its quarterly earnings results on Tuesday, August 2nd. The aerospace company reported $1.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.55 by $0.04. The firm had revenue of $3.60 billion during the quarter, compared to analyst estimates of $3.52 billion. Leidos had a return on equity of 22.18% and a net margin of 5.15%. The company's revenue was up 4.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.52 earnings per share. Analysts expect that Leidos will post 6.36 earnings per share for the current fiscal year.
Leidos Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 30th. Stockholders of record on Thursday, September 15th will be paid a $0.36 dividend. The ex-dividend date of this dividend is Wednesday, September 14th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.44%. Leidos's dividend payout ratio (DPR) is 27.96%.
Insider Activity at Leidos
In other news, Director Harry M. Jansen Kraemer, Jr. sold 7,274 shares of the business's stock in a transaction dated Thursday, May 26th. The stock was sold at an average price of $103.18, for a total value of $750,531.32. Following the completion of the sale, the director now owns 84,277 shares of the company's stock, valued at approximately $8,695,700.86. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. In other Leidos news, insider James Robert Moos sold 516 shares of the business's stock in a transaction dated Wednesday, June 15th. The shares were sold at an average price of $98.56, for a total value of $50,856.96. Following the transaction, the insider now owns 21,391 shares in the company, valued at $2,108,296.96. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Harry M. Jansen Kraemer, Jr. sold 7,274 shares of the stock in a transaction dated Thursday, May 26th. The stock was sold at an average price of $103.18, for a total transaction of $750,531.32. Following the sale, the director now owns 84,277 shares of the company's stock, valued at $8,695,700.86. The disclosure for this sale can be found here. 1.67% of the stock is owned by insiders.
