Brokerages Set Leidos Holdings, Inc. (NYSE:LDOS) PT at $191.23

Shares of Leidos Holdings, Inc. (NYSE:LDOS - Get Free Report) have been given an average recommendation of "Moderate Buy" by the thirteen brokerages that are covering the company, Marketbeat reports. Two 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 brokerages that have issued a report on the stock in the last year is $191.23.

LDOS has been the subject of a number of research analyst reports. Wells Fargo & Company increased their target price on Leidos from $183.00 to $230.00 and gave the company an "overweight" rating in a report on Wednesday, October 30th. Citigroup increased their target price on Leidos from $194.00 to $220.00 and gave the company a "buy" rating in a report on Wednesday, October 30th. Truist Financial increased their target price on Leidos from $175.00 to $205.00 and gave the company a "buy" rating in a report on Wednesday, October 30th. Barclays increased their target price on Leidos from $165.00 to $210.00 and gave the company an "overweight" rating in a report on Monday. Finally, Robert W. Baird increased their target price on Leidos from $180.00 to $218.00 and gave the company an "outperform" rating in a report on Wednesday, October 30th.

Insider Activity

In other news, Director Gary Stephen May sold 1,000 shares of the stock in a transaction on Tuesday, August 13th. The stock was sold at an average price of $144.02, for a total value of $144,020.00. Following the sale, the director now directly owns 11,264 shares in the company, valued at approximately $1,622,241.28. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other Leidos news, Director Robert C. Kovarik, Jr. sold 1,047 shares of the firm's 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 sale, the director now directly owns 6,408 shares in the company, valued at $1,185,095.52. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Gary Stephen May sold 1,000 shares of the firm's stock in a transaction on Tuesday, August 13th. The shares were sold at an average price of $144.02, for a total value of $144,020.00. Following the completion of the sale, the director now owns 11,264 shares in the company, valued at approximately $1,622,241.28. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.96% of the company's stock.

Institutional Trading of Leidos

Hedge funds and other institutional investors have recently made changes to their positions in the company. Rakuten Securities Inc. increased its position in Leidos by 1,460.0% during the 3rd quarter. Rakuten Securities Inc. now owns 156 shares of the aerospace company's stock worth $25,000 after purchasing an additional 146 shares during the period. Ashton Thomas Securities LLC acquired a new position in Leidos during the 3rd quarter worth approximately $29,000. Northwest Investment Counselors LLC acquired a new position in Leidos during the 3rd quarter worth approximately $30,000. 1832 Asset Management L.P. acquired a new position in Leidos during the 2nd quarter worth approximately $34,000. Finally, Blue Trust Inc. increased its position 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 purchasing an additional 201 shares during the period. Institutional investors and hedge funds own 76.12% of the company's stock.

Leidos Price Performance

NYSE LDOS traded up $3.75 during trading hours on Tuesday, reaching $190.07. The company's stock had a trading volume of 1,002,583 shares, compared to its average volume of 858,225. The firm has a market capitalization of $25.36 billion, a price-to-earnings ratio of 21.65, a P/E/G ratio of 1.45 and a beta of 0.68. Leidos has a 1-year low of $102.21 and a 1-year high of $190.25. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.23 and a quick ratio of 1.15. The company's 50-day moving average is $164.36 and its two-hundred day moving average is $152.46.

Leidos (NYSE:LDOS - Get Free Report) last released its quarterly earnings results on Tuesday, October 29th. The aerospace company reported $2.93 earnings per share for the quarter, topping analysts' consensus estimates of $1.96 by $0.97. Leidos had a return on equity of 30.31% and a net margin of 7.37%. The company had revenue of $4.19 billion during the quarter, compared to analysts' expectations of $4.06 billion. During the same quarter in the prior year, the firm posted $2.03 EPS. Leidos's quarterly revenue was up 6.9% compared to the same quarter last year. On average, equities analysts predict that Leidos will post 10.07 EPS for the current year.

Leidos Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th will be paid a $0.40 dividend. This is a boost from Leidos's previous quarterly dividend of $0.38. This represents a $1.60 annualized dividend and a dividend yield of 0.84%. The ex-dividend date of this dividend is Friday, December 13th. Leidos's dividend payout ratio (DPR) is presently 17.31%.

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.