Analysts Set Leidos Holdings, Inc. (NYSE:LDOS) Target Price at $191.23

Leidos Holdings, Inc. (NYSE:LDOS) has been assigned an average rating of “Moderate Buy” from the thirteen brokerages that are presently covering the firm, Marketbeat reports. Two investment analysts have rated the stock with a hold rating and eleven have issued a buy rating on the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $191.23.

LDOS has been the topic of several research reports. Robert W. Baird raised their price target on shares of Leidos from $180.00 to $218.00 and gave the company an “outperform” rating in a report on Wednesday, October 30th. Wells Fargo & Company raised their target price on shares of Leidos from $183.00 to $230.00 and gave the company an “overweight” rating in a research note on Wednesday, October 30th. Citigroup upped their price target on shares of Leidos from $194.00 to $220.00 and gave the stock a “buy” rating in a research report on Wednesday, October 30th. The Goldman Sachs Group raised their price objective on Leidos from $205.00 to $228.00 and gave the company a “buy” rating in a research report on Wednesday, October 30th. Finally, TD Cowen upped their target price on Leidos from $175.00 to $200.00 and gave the stock a “buy” rating in a research report on Wednesday, October 30th.

Insider Buying and Selling

In other news, Director Robert C. Kovarik, Jr. sold 1,047 shares of the company’s stock in a transaction dated Thursday, October 31st. The shares were sold at an average price of $184.94, for a total value of $193,632.18. Following the sale, the director now owns 6,408 shares in the company, valued at approximately $1,185,095.52. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.96% of the company’s stock.

Institutional Investors Weigh In On Leidos

A number of institutional investors have recently made changes to their positions in the company. Rakuten Securities Inc. lifted its holdings in Leidos by 1,460.0% in the third quarter. Rakuten Securities Inc. now owns 156 shares of the aerospace company’s stock worth $25,000 after acquiring an additional 146 shares during the last quarter. Ashton Thomas Securities LLC bought a new stake in shares of Leidos in the 3rd quarter worth approximately $29,000. Northwest Investment Counselors LLC acquired a new position in Leidos during the 3rd quarter valued at approximately $30,000. 1832 Asset Management L.P. bought a new position in Leidos during the 2nd quarter worth $34,000. Finally, Blue Trust Inc. grew its stake in Leidos by 251.3% during the 2nd quarter. Blue Trust Inc. now owns 281 shares of the aerospace company’s stock worth $41,000 after buying an additional 201 shares during the last quarter. 76.12% of the stock is currently owned by institutional investors.

Leidos Trading Up 1.5 %

LDOS stock opened at $201.44 on Tuesday. The company has a quick ratio of 1.15, a current ratio of 1.23 and a debt-to-equity ratio of 0.87. The company has a market cap of $26.88 billion, a price-to-earnings ratio of 22.94, a PEG ratio of 1.57 and a beta of 0.68. The business has a fifty day simple moving average of $166.61 and a 200-day simple moving average of $153.88. Leidos has a 52 week low of $102.72 and a 52 week high of $201.99.

Leidos (NYSE:LDOS) last announced its quarterly earnings results on Tuesday, October 29th. The aerospace company reported $2.93 EPS for the quarter, topping the consensus estimate of $1.96 by $0.97. The company had revenue of $4.19 billion during the quarter, compared to analyst estimates of $4.06 billion. Leidos had a return on equity of 30.31% and a net margin of 7.37%. The firm’s revenue was up 6.9% on a year-over-year basis. During the same period in the prior year, the firm posted $2.03 earnings per share. On average, equities research analysts expect that Leidos will post 10.09 EPS for the current year.

Leidos Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th will be given a dividend of $0.40 per share. The ex-dividend date of this dividend is Friday, December 13th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.79%. This is an increase from Leidos’s previous quarterly dividend of $0.38. Leidos’s dividend payout ratio (DPR) is presently 18.22%.

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.