Citigroup Lowers Leidos (NYSE:LDOS) Price Target to $178.00

Leidos (NYSE:LDOS) had its price target lowered by stock analysts at Citigroup from $232.00 to $178.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The firm currently has a “buy” rating on the aerospace company’s stock. Citigroup’s target price would suggest a potential upside of 36.90% from the company’s previous close.

Several other analysts also recently commented on LDOS. Argus raised shares of Leidos to a “strong-buy” rating in a report on Tuesday, March 31st. UBS Group set a $204.00 target price on shares of Leidos in a report on Thursday, January 15th. Royal Bank Of Canada reduced their target price on shares of Leidos from $215.00 to $180.00 and set an “outperform” rating for the company in a report on Wednesday. Jefferies Financial Group set a $185.00 target price on shares of Leidos in a report on Wednesday, April 8th. Finally, Bank of America reduced their target price on shares of Leidos from $235.00 to $200.00 and set a “buy” rating for the company in a report on Tuesday, April 21st. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $193.64.

Leidos Stock Performance

Shares of LDOS opened at $130.02 on Thursday. The firm has a 50-day moving average of $160.15 and a 200-day moving average of $178.21. Leidos has a one year low of $127.86 and a one year high of $205.77. The company has a market cap of $16.36 billion, a PE ratio of 11.91, a price-to-earnings-growth ratio of 1.67 and a beta of 0.56. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.40 and a quick ratio of 1.58.

Leidos (NYSE:LDOS) last announced its quarterly earnings data on Tuesday, May 5th. The aerospace company reported $3.13 EPS for the quarter, beating analysts’ consensus estimates of $2.88 by $0.25. The company had revenue of $4.40 billion during the quarter, compared to the consensus estimate of $4.28 billion. Leidos had a net margin of 8.15% and a return on equity of 31.92%. The company’s quarterly revenue was up 3.7% on a year-over-year basis. During the same quarter last year, the firm posted $2.97 EPS. Leidos has set its FY 2026 guidance at 12.100-12.500 EPS. As a group, equities analysts forecast that Leidos will post 12.26 earnings per share for the current year.

Insider Activity

In other Leidos news, insider Elizabeth A. Porter sold 2,000 shares of Leidos stock in a transaction dated Tuesday, April 7th. The shares were sold at an average price of $158.78, for a total value of $317,560.00. Following the completion of the sale, the insider owned 49,476 shares in the company, valued at $7,855,799.28. The trade was a 3.89% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Gary Stephen May sold 1,484 shares of Leidos stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $132.75, for a total transaction of $197,001.00. Following the completion of the sale, the director owned 10,137 shares of the company’s stock, valued at $1,345,686.75. This trade represents a 12.77% decrease in their position. The SEC filing for this sale provides additional information. 0.77% of the stock is owned by insiders.

Institutional Trading of Leidos

Hedge funds and other institutional investors have recently bought and sold shares of the business. Longview Financial Advisors Inc. acquired a new stake in Leidos in the 1st quarter worth about $26,000. JFS Wealth Advisors LLC raised its position in shares of Leidos by 77.6% in the 4th quarter. JFS Wealth Advisors LLC now owns 151 shares of the aerospace company’s stock valued at $27,000 after buying an additional 66 shares in the last quarter. Hantz Financial Services Inc. raised its position in shares of Leidos by 94.7% in the 4th quarter. Hantz Financial Services Inc. now owns 148 shares of the aerospace company’s stock valued at $27,000 after buying an additional 72 shares in the last quarter. Mather Group LLC. acquired a new position in shares of Leidos in the 3rd quarter valued at approximately $28,000. Finally, Hilton Head Capital Partners LLC acquired a new position in shares of Leidos in the 4th quarter valued at approximately $28,000. Institutional investors and hedge funds own 76.12% of the company’s stock.

Leidos Company Profile

Leidos is an American technology and engineering company that provides services and solutions to government and commercial customers, with a strong focus on national security, defense, intelligence, and civil government markets. The company delivers systems integration, engineering, cybersecurity, software development, data analytics, cloud migration and managed IT services, as well as mission support for complex programs. Leidos’ work spans areas such as C4ISR (command, control, communications, computers, intelligence, surveillance and reconnaissance), secure communications, sensors and systems engineering, and health IT solutions for public-sector healthcare programs.

Leidos traces its corporate roots to Science Applications International Corporation (SAIC) and emerged as an independent, publicly traded company following a corporate separation in 2013.