Leidos (LDOS) to Release Earnings on Tuesday

Leidos (NYSE:LDOS) will likely be releasing its earnings data before the market opens on Tuesday, February 11th. Analysts expect Leidos to post earnings of $2.24 per share and revenue of $4.13 billion for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.

Leidos Trading Up 1.1 %

Shares of Leidos stock opened at $142.34 on Monday. The business has a 50 day moving average price of $149.74 and a 200 day moving average price of $157.72. The company has a market capitalization of $18.99 billion, a P/E ratio of 16.21, a P/E/G ratio of 0.92 and a beta of 0.66. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.23 and a quick ratio of 1.15. Leidos has a 1 year low of $112.53 and a 1 year high of $202.90.

Leidos Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, March 14th will be issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 1.12%. Leidos’s dividend payout ratio (DPR) is 18.22%.

Analyst Upgrades and Downgrades

LDOS has been the topic of a number of recent analyst reports. The Goldman Sachs Group downgraded shares of Leidos from a “buy” rating to a “neutral” rating and cut their price target for the stock from $228.00 to $153.00 in a research note on Thursday, December 12th. Barclays lifted their target price on Leidos from $165.00 to $210.00 and gave the company an “overweight” rating in a report on Monday, November 4th. Cantor Fitzgerald began coverage on Leidos in a research note on Friday. They set an “overweight” rating and a $185.00 price target for the company. Citigroup raised their price objective on Leidos from $194.00 to $220.00 and gave the stock a “buy” rating in a report on Wednesday, October 30th. Finally, Robert W. Baird boosted their price objective on shares of Leidos from $180.00 to $218.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 30th. Five equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $179.47.

Insider Transactions at Leidos

In other Leidos news, Director Noel B. Geer bought 2,000 shares of Leidos stock in a transaction that occurred on Wednesday, November 20th. The stock was purchased at an average cost of $161.13 per share, for a total transaction of $322,260.00. Following the completion of the acquisition, the director now owns 2,000 shares of the company’s stock, valued at approximately $322,260. This represents a ∞ increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.96% of the company’s stock.

Leidos Company Profile

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