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 Trading Up 1.2 %
Shares of Leidos stock opened at $100.55 on Monday. The company has a debt-to-equity ratio of 0.99, a current ratio of 0.90 and a quick ratio of 0.83. Leidos has a 1 year low of $81.07 and a 1 year high of $111.12. The company has a market capitalization of $13.73 billion, a P/E ratio of 19.52, a P/E/G ratio of 2.28 and a beta of 0.71. The business has a 50 day moving average price of $101.10 and a 200 day moving average price of $101.05.
Leidos (NYSE:LDOS - Get Rating) last issued its quarterly earnings data 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 the consensus estimate of $3.52 billion. Leidos had a return on equity of 22.18% and a net margin of 5.15%. The company's quarterly revenue was up 4.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.52 EPS. Sell-side analysts anticipate that Leidos will post 6.37 EPS for the current fiscal year.
Leidos Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 30th. Shareholders 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 yield of 1.43%. Leidos's payout ratio is currently 27.96%.
Analyst Ratings Changes
A number of research firms have recently commented on LDOS. Wells Fargo & Company cut their target price on Leidos from $109.00 to $105.00 and set an "equal weight" rating on the stock in a research report on Wednesday, August 3rd. The Goldman Sachs Group lifted their target price on Leidos from $118.00 to $132.00 and gave the stock a "buy" rating in a research report on Thursday, April 14th. Truist Financial raised their price target on Leidos from $108.00 to $120.00 in a report on Wednesday, May 4th. StockNews.com raised Leidos from a "hold" rating to a "buy" rating in a report on Friday, April 15th. Finally, Morgan Stanley lifted their price objective on Leidos from $107.00 to $110.00 and gave the company an "equal weight" rating in a report on Wednesday, August 3rd. Four research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $113.00.
Insider Activity
In other Leidos news, Director Harry M. Jansen Kraemer, Jr. sold 7,274 shares of the firm's stock in a transaction that occurred on Thursday, May 26th. The shares were sold at an average price of $103.18, for a total value of $750,531.32. Following the sale, the director now owns 84,277 shares in the company, valued at $8,695,700.86. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other news, insider James Robert Moos sold 516 shares of the firm's stock in a transaction on Wednesday, June 15th. The shares were sold at an average price of $98.56, for a total transaction of $50,856.96. Following the transaction, the insider now owns 21,391 shares in the company, valued at approximately $2,108,296.96. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Harry M. Jansen Kraemer, Jr. sold 7,274 shares of the firm's stock in a transaction on Thursday, May 26th. The shares were sold at an average price of $103.18, for a total transaction of $750,531.32. Following the transaction, the director now owns 84,277 shares in the company, valued at approximately $8,695,700.86. The disclosure for this sale can be found here. Company insiders own 1.67% of the company's stock.
