Barclays began coverage on shares of Leidos (NYSE:LDOS) in a report published on Friday, BenzingaRatingsTable reports. The firm issued an equal weight rating and a $97.00 price objective on the aerospace company’s stock.

LDOS has been the subject of several other reports. Zacks Investment Research upgraded Leidos from a hold rating to a buy rating and set a $91.00 price target for the company in a research note on Tuesday, September 17th. ValuEngine downgraded Leidos from a buy rating to a hold rating in a research note on Thursday, August 1st. SunTrust Banks boosted their price target on Leidos to $95.00 and gave the company a buy rating in a research note on Wednesday, July 31st. Morgan Stanley boosted their price target on Leidos from $75.00 to $81.00 and gave the company an equal weight rating in a research note on Wednesday, August 21st. Finally, Citigroup downgraded Leidos from a buy rating to a neutral rating and boosted their price target for the company from $75.00 to $83.00 in a research note on Tuesday, July 9th. Five equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The stock presently has an average rating of Buy and an average price target of $84.45.

LDOS opened at $86.33 on Friday. The business has a fifty day simple moving average of $84.83 and a 200 day simple moving average of $75.92. The company has a market capitalization of $12.56 billion, a PE ratio of 19.71, a price-to-earnings-growth ratio of 2.47 and a beta of 1.55. Leidos has a 1 year low of $50.33 and a 1 year high of $89.00. The company has a debt-to-equity ratio of 0.96, a current ratio of 1.30 and a quick ratio of 1.30.

Leidos (NYSE:LDOS) last released its quarterly earnings results on Tuesday, July 30th. The aerospace company reported $1.16 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.10 by $0.06. The business had revenue of $2.73 billion during the quarter, compared to the consensus estimate of $2.64 billion. Leidos had a return on equity of 20.11% and a net margin of 6.27%. The firm’s quarterly revenue was up 7.9% on a year-over-year basis. During the same period in the previous year, the company posted $1.12 EPS. Equities analysts anticipate that Leidos will post 4.72 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 30th. Shareholders of record on Monday, September 16th will be issued a $0.34 dividend. The ex-dividend date of this dividend is Friday, September 13th. This is a boost from Leidos’s previous quarterly dividend of $0.32. This represents a $1.36 annualized dividend and a yield of 1.58%. Leidos’s payout ratio is currently 31.05%.

In other Leidos news, Director Gary Stephen May sold 500 shares of Leidos stock in a transaction on Tuesday, August 20th. The stock was sold at an average price of $84.57, for a total value of $42,285.00. Following the completion of the transaction, the director now directly owns 9,166 shares of the company’s stock, valued at approximately $775,168.62. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.17% of the stock is owned by insiders.

Institutional investors have recently bought and sold shares of the company. CWM LLC raised its holdings in shares of Leidos by 66.0% during the 2nd quarter. CWM LLC now owns 332 shares of the aerospace company’s stock worth $27,000 after buying an additional 132 shares in the last quarter. Steward Partners Investment Advisory LLC acquired a new position in shares of Leidos during the 2nd quarter worth $27,000. Icon Wealth Partners LLC acquired a new position in shares of Leidos during the 1st quarter worth $37,000. TRUE Private Wealth Advisors acquired a new position in shares of Leidos during the 2nd quarter worth $68,000. Finally, Skandinaviska Enskilda Banken AB publ acquired a new position in shares of Leidos during the 2nd quarter worth $88,000. 74.66% of the stock is owned by institutional investors.

Leidos Company Profile

Leidos Holdings, Inc provides services and solutions in the defense, intelligence, civil, and health markets in the United States and internationally. It operates through three segments: Defense Solutions, Civil, and Health. The Defense Solutions segment offers national security solutions and systems for air, land, sea, space, and cyberspace for the U.S.

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Analyst Recommendations for Leidos (NYSE:LDOS)

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