Leidos Holdings (LDOS) Earning Somewhat Favorable Media Coverage, Study Finds
Media headlines about Leidos Holdings (NYSE:LDOS) have trended somewhat positive this week, Accern Sentiment reports. The research firm ranks the sentiment of press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Leidos Holdings earned a news sentiment score of 0.21 on Accern’s scale. Accern also gave news coverage about the aerospace company an impact score of 45.1703267865688 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
These are some of the media stories that may have effected Accern Sentiment Analysis’s scoring:
- Brokerages Anticipate Leidos Holdings, Inc. (LDOS) Will Post Quarterly Sales of $2.51 Billion (americanbankingnews.com)
- Leidos Holdings, Inc. (LDOS) Receives Average Recommendation of “Buy” from Analysts (americanbankingnews.com)
- Brokerages Expect Leidos Holdings, Inc. (LDOS) Will Post Earnings of $0.79 Per Share (americanbankingnews.com)
- The Zacks Analyst Blog Highlights: Northrop Grumman, Boeing, Huntington Ingalls Industries, Leidos Holdings and Aerojet Rocketdyne Holdings (finance.yahoo.com)
- Cypress Semiconductor Corporation (CY) is at $13.32 per share and … – Stocks Gallery (stocksgallery.com)
A number of brokerages have recently issued reports on LDOS. Cowen and Company restated a “buy” rating on shares of Leidos Holdings in a research report on Thursday, August 3rd. ValuEngine upgraded Leidos Holdings from a “hold” rating to a “buy” rating in a research report on Thursday, August 17th. Goldman Sachs Group, Inc. (The) upgraded Leidos Holdings from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $61.00 to $68.00 in a research report on Thursday, August 10th. Zacks Investment Research upgraded Leidos Holdings from a “hold” rating to a “buy” rating and set a $60.00 price objective for the company in a research report on Tuesday, June 20th. Finally, Jefferies Group LLC restated a “hold” rating and set a $52.00 price objective on shares of Leidos Holdings in a research report on Friday, August 18th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and nine have assigned a buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of $59.30.
Shares of Leidos Holdings (LDOS) traded up 0.56% during midday trading on Friday, reaching $55.86. The company’s stock had a trading volume of 820,925 shares. Leidos Holdings has a 12-month low of $39.40 and a 12-month high of $57.76. The company’s 50-day moving average price is $54.59 and its 200 day moving average price is $53.39. The company has a market capitalization of $8.45 billion, a P/E ratio of 25.03 and a beta of 1.73.
Leidos Holdings (NYSE:LDOS) last posted its quarterly earnings results on Thursday, August 3rd. The aerospace company reported $1.04 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.77 by $0.27. Leidos Holdings had a net margin of 3.34% and a return on equity of 17.35%. The firm had revenue of $2.57 billion during the quarter, compared to the consensus estimate of $2.56 billion. During the same quarter in the previous year, the firm posted $0.68 earnings per share. The company’s revenue was up 99.6% on a year-over-year basis. On average, equities research analysts forecast that Leidos Holdings will post $3.55 earnings per share for the current year.
In related news, VP Jerald S. Howe, Jr. purchased 2,000 shares of the firm’s stock in a transaction dated Monday, August 21st. The stock was purchased at an average price of $55.32 per share, with a total value of $110,640.00. Following the completion of the purchase, the vice president now owns 2,000 shares of the company’s stock, valued at approximately $110,640. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 1.70% of the company’s stock.
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About Leidos Holdings
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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