Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Leidos (LDOS) Stock Price
Headlines about Leidos (NYSE:LDOS) have trended somewhat positive this week, according to Accern Sentiment Analysis. The research group rates the sentiment of news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Leidos earned a news impact score of 0.17 on Accern’s scale. Accern also gave media coverage about the aerospace company an impact score of 45.8773390065394 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Here are some of the news articles that may have effected Accern Sentiment Analysis’s rankings:
- Should Value Investors Pick Leidos Holdings Stock Now? (finance.yahoo.com)
- Leidos To Participate In The 2017 Credit Suisse Industrials Conference (finance.yahoo.com)
- Stifel Nicolaus Reaffirms “Hold” Rating for Leidos Holdings, Inc. (LDOS) (americanbankingnews.com)
- 5 Best Stocks with Upgraded Broker Ratings to Bet On Now – Nasdaq (nasdaq.com)
- Noteworthy ETF Outflows: IJJ, ATO, LDOS, Y – Nasdaq (nasdaq.com)
LDOS has been the subject of a number of research analyst reports. Jefferies Group LLC restated a “buy” rating and set a $75.00 price objective on shares of Leidos in a research report on Thursday, October 5th. TheStreet cut shares of Leidos from a “b-” rating to a “c+” rating in a research report on Thursday, September 7th. BidaskClub raised shares of Leidos from a “hold” rating to a “buy” rating in a research report on Wednesday, September 27th. Zacks Investment Research raised shares of Leidos from a “hold” rating to a “buy” rating and set a $70.00 price target on the stock in a research report on Friday, November 3rd. Finally, Cowen Inc reissued a “buy” rating and set a $68.00 price target on shares of Leidos in a research report on Thursday, October 12th. Two analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. The stock has an average rating of “Buy” and an average price target of $67.18.
Shares of Leidos (NYSE LDOS) traded up $0.20 during trading hours on Friday, reaching $61.31. 177,550 shares of the company traded hands, compared to its average volume of 733,632. The firm has a market capitalization of $9,280.00, a PE ratio of 16.94, a price-to-earnings-growth ratio of 1.66 and a beta of 1.67. Leidos has a 52-week low of $47.81 and a 52-week high of $64.20. The company has a current ratio of 1.27, a quick ratio of 1.03 and a debt-to-equity ratio of 0.92.
Leidos (NYSE:LDOS) last issued its earnings results on Thursday, November 2nd. The aerospace company reported $0.95 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.81 by $0.14. The firm had revenue of $2.50 billion for the quarter, compared to analysts’ expectations of $2.55 billion. Leidos had a net margin of 3.04% and a return on equity of 17.20%. The firm’s revenue was up 34.0% compared to the same quarter last year. During the same quarter last year, the company earned $1.25 earnings per share. research analysts predict that Leidos will post 3.68 EPS for the current fiscal year.
In other news, Director Gary Stephen May sold 800 shares of the firm’s stock in a transaction that occurred on Monday, August 28th. The shares were sold at an average price of $55.75, for a total transaction of $44,600.00. Following the transaction, the director now directly owns 6,680 shares in the company, valued at $372,410. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 1.70% of the stock is currently owned by company insiders.
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Leidos Company Profile
Leidos Holdings, Inc (Leidos) is a science and technology solutions company focused on delivering solutions primarily in the areas of national security, health and engineering. The Company is a holding company whose direct 100%-owned subsidiary is Leidos, Inc, which delivers science and technology solutions in the areas of national security, health and engineering to agencies of the United States Department of Defense (DoD), the intelligence community, the United States Department of Homeland Security, and other United States Government civil agencies, state and local government agencies, foreign governments and customers across a variety of commercial markets.
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