Leidos (NYSE:LDOS) Now Covered by UBS Group

Stock analysts at UBS Group assumed coverage on shares of Leidos (NYSE:LDOS) in a report issued on Monday, Marketbeat Ratings reports. The firm set a “neutral” rating and a $182.00 price target on the aerospace company’s stock. UBS Group’s price target points to a potential upside of 10.88% from the company’s previous close.

Several other equities analysts have also recently issued reports on LDOS. Truist Financial decreased their target price on shares of Leidos from $205.00 to $185.00 and set a “buy” rating for the company in a research note on Friday, November 22nd. Robert W. Baird increased their target price on shares of Leidos from $180.00 to $218.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 30th. Royal Bank of Canada lifted their price target on Leidos from $145.00 to $180.00 and gave the company a “sector perform” rating in a research note on Wednesday, October 30th. Citigroup increased their price target on Leidos from $194.00 to $220.00 and gave the stock a “buy” rating in a research report on Wednesday, October 30th. Finally, JPMorgan Chase & Co. boosted their price objective on Leidos from $175.00 to $185.00 and gave the company an “overweight” rating in a research report on Wednesday, October 2nd. Three equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $187.36.

Leidos Price Performance

Shares of LDOS opened at $164.14 on Monday. The business’s 50-day moving average is $171.50 and its two-hundred day moving average is $157.17. The company has a market capitalization of $21.90 billion, a P/E ratio of 18.69, a P/E/G ratio of 1.10 and a beta of 0.64. Leidos has a fifty-two week low of $105.52 and a fifty-two week high of $202.90. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.15 and a current ratio of 1.23.

Leidos (NYSE:LDOS) last posted its 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. Leidos had a return on equity of 30.31% and a net margin of 7.37%. The firm had revenue of $4.19 billion for the quarter, compared to analyst estimates of $4.06 billion. During the same period last year, the company earned $2.03 earnings per share. Leidos’s revenue for the quarter was up 6.9% compared to the same quarter last year. Research analysts predict that Leidos will post 10.04 earnings per share for the current year.

Insider Activity

In related news, Director Noel B. Geer bought 2,000 shares of the company’s stock in a transaction on Wednesday, November 20th. The stock was bought at an average cost of $161.13 per share, for a total transaction of $322,260.00. Following the acquisition, the director now directly owns 2,000 shares in the company, valued at $322,260. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Robert C. Kovarik, Jr. sold 1,047 shares of Leidos stock in a transaction on Thursday, October 31st. The stock was sold at an average price of $184.94, for a total value of $193,632.18. Following the transaction, the director now owns 6,408 shares in the company, valued at approximately $1,185,095.52. This represents a 14.04 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.96% of the company’s stock.

Institutional Investors Weigh In On Leidos

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Rakuten Securities Inc. raised its position in Leidos by 1,460.0% in the third quarter. Rakuten Securities Inc. now owns 156 shares of the aerospace company’s stock valued at $25,000 after purchasing an additional 146 shares during the period. Ashton Thomas Securities LLC acquired a new stake in shares of Leidos during the 3rd quarter worth about $29,000. Northwest Investment Counselors LLC purchased a new stake in Leidos in the 3rd quarter valued at about $30,000. 1832 Asset Management L.P. acquired a new position in Leidos in the second quarter valued at about $34,000. Finally, Blue Trust Inc. boosted its stake in Leidos by 251.3% during the second 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 period. 76.12% of the stock is currently owned by institutional investors and hedge funds.

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.