Leidos (NYSE:LDOS) Price Target Raised to $138.00

Leidos (NYSE:LDOS) had its target price upped by UBS Group from $124.00 to $138.00 in a report issued on Wednesday morning,Benzinga reports. UBS Group currently has a neutral rating on the aerospace company’s stock.

Several other research analysts also recently commented on LDOS. Stifel Nicolaus decreased their price objective on Leidos from $205.00 to $193.00 and set a “hold” rating on the stock in a report on Wednesday, May 6th. Royal Bank Of Canada dropped their target price on Leidos from $180.00 to $170.00 and set an “outperform” rating for the company in a report on Wednesday. Citigroup reduced their price target on Leidos from $178.00 to $138.00 and set a “buy” rating on the stock in a research report on Wednesday, July 1st. Wall Street Zen raised Leidos from a “hold” rating to a “buy” rating in a research note on Thursday, July 16th. Finally, Wells Fargo & Company set a $125.00 price objective on Leidos in a research report on Wednesday, June 17th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and ten have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $157.73.

Leidos Price Performance

Shares of Leidos stock opened at $137.57 on Wednesday. The company has a debt-to-equity ratio of 1.13, a quick ratio of 1.29 and a current ratio of 1.63. Leidos has a 52-week low of $98.86 and a 52-week high of $205.77. The company has a fifty day moving average of $113.47 and a 200-day moving average of $144.54. The stock has a market capitalization of $17.26 billion, a price-to-earnings ratio of 12.83, a price-to-earnings-growth ratio of 1.97 and a beta of 0.52.

Leidos (NYSE:LDOS) last issued its earnings results on Tuesday, August 4th. The aerospace company reported $3.26 EPS for the quarter, topping analysts’ consensus estimates of $2.91 by $0.35. The company had revenue of $4.56 billion for the quarter, compared to analysts’ expectations of $4.44 billion. Leidos had a net margin of 7.80% and a return on equity of 30.81%. The firm’s revenue was up 7.2% compared to the same quarter last year. During the same quarter last year, the company earned $3.21 EPS. Leidos has set its FY 2026 guidance at 12.200-12.500 EPS. Equities research analysts expect that Leidos will post 12.38 EPS for the current year.

Leidos Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be given a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend is Tuesday, September 15th. Leidos’s payout ratio is 16.04%.

Leidos announced that its Board of Directors has authorized a share repurchase plan on Friday, July 31st that authorizes the company to buyback 20,000,000 shares. This buyback authorization authorizes the aerospace company to purchase shares of its stock through open market purchases. Stock buyback plans are often an indication that the company’s management believes its shares are undervalued.

Hedge Funds Weigh In On Leidos

A number of institutional investors and hedge funds have recently modified their holdings of the company. Longview Financial Advisors Inc. bought a new stake in shares of Leidos in the first quarter worth $26,000. Hantz Financial Services Inc. increased its position in Leidos by 94.7% during the fourth quarter. Hantz Financial Services Inc. now owns 148 shares of the aerospace company’s stock valued at $27,000 after acquiring an additional 72 shares during the last quarter. Hilton Head Capital Partners LLC bought a new position in Leidos in the fourth quarter valued at about $28,000. Kelleher Financial Advisors purchased a new position in Leidos in the second quarter worth about $28,000. Finally, Rakuten Securities Inc. boosted its position in Leidos by 110.5% in the fourth quarter. Rakuten Securities Inc. now owns 160 shares of the aerospace company’s stock worth $29,000 after purchasing an additional 84 shares during the last quarter. 76.12% of the stock is currently owned by hedge funds and other institutional investors.

About Leidos

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.