Zacks: Analysts Anticipate Leidos Holdings Inc (LDOS) Will Post Earnings of $1.07 Per Share

Wall Street analysts forecast that Leidos Holdings Inc (NYSE:LDOS) will report earnings per share (EPS) of $1.07 for the current fiscal quarter, Zacks Investment Research reports. Four analysts have made estimates for Leidos’ earnings, with the lowest EPS estimate coming in at $1.01 and the highest estimate coming in at $1.11. Leidos posted earnings of $0.87 per share in the same quarter last year, which suggests a positive year-over-year growth rate of 23%. The firm is scheduled to report its next earnings results before the market opens on Tuesday, February 19th.

According to Zacks, analysts expect that Leidos will report full year earnings of $4.36 per share for the current year, with EPS estimates ranging from $4.30 to $4.40. For the next fiscal year, analysts anticipate that the company will report earnings of $4.71 per share, with EPS estimates ranging from $4.55 to $4.88. Zacks’ EPS averages are an average based on a survey of research analysts that follow Leidos.

Leidos (NYSE:LDOS) last issued its quarterly earnings data on Tuesday, February 19th. The aerospace company reported $1.10 earnings per share for the quarter, topping analysts’ consensus estimates of $1.07 by $0.03. The business had revenue of $2.65 billion during the quarter, compared to the consensus estimate of $2.66 billion. Leidos had a net margin of 5.04% and a return on equity of 18.67%. The company’s revenue was up 5.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.87 earnings per share.



A number of brokerages have weighed in on LDOS. Argus decreased their price objective on shares of Leidos from $80.00 to $70.00 and set a “buy” rating for the company in a research report on Monday, October 29th. Cowen restated a “buy” rating and set a $70.00 price target on shares of Leidos in a research report on Tuesday. Zacks Investment Research upgraded shares of Leidos from a “sell” rating to a “hold” rating in a research report on Monday, February 11th. Finally, ValuEngine upgraded shares of Leidos from a “sell” rating to a “hold” rating in a research report on Monday, February 4th. Three research analysts have rated the stock with a hold rating and five have given a buy rating to the company. Leidos presently has a consensus rating of “Buy” and an average target price of $76.29.

Shares of Leidos stock traded down $0.94 during trading hours on Thursday, reaching $62.43. The stock had a trading volume of 134,853 shares, compared to its average volume of 864,491. The company has a market cap of $9.49 billion, a P/E ratio of 16.80, a price-to-earnings-growth ratio of 1.39 and a beta of 1.64. Leidos has a twelve month low of $50.33 and a twelve month high of $72.30. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.16 and a current ratio of 1.38.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 29th. Shareholders of record on Friday, March 15th will be issued a $0.32 dividend. The ex-dividend date of this dividend is Thursday, March 14th. This represents a $1.28 dividend on an annualized basis and a yield of 2.05%. Leidos’s payout ratio is 34.41%.

Several institutional investors have recently bought and sold shares of the company. Lunia Capital LP raised its stake in Leidos by 5,549.2% during the 4th quarter. Lunia Capital LP now owns 17,376,986 shares of the aerospace company’s stock worth $17,377,000 after acquiring an additional 17,069,387 shares in the last quarter. FMR LLC boosted its stake in shares of Leidos by 30.3% in the second quarter. FMR LLC now owns 13,424,963 shares of the aerospace company’s stock valued at $792,073,000 after purchasing an additional 3,122,237 shares during the period. Oregon Public Employees Retirement Fund boosted its stake in shares of Leidos by 5,498.8% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 3,142,692 shares of the aerospace company’s stock valued at $60,000 after purchasing an additional 3,086,560 shares during the period. Victory Capital Management Inc. boosted its stake in shares of Leidos by 4,122.6% in the third quarter. Victory Capital Management Inc. now owns 2,161,817 shares of the aerospace company’s stock valued at $149,511,000 after purchasing an additional 2,110,621 shares during the period. Finally, BlackRock Inc. raised its holdings in Leidos by 5.0% in the third quarter. BlackRock Inc. now owns 13,530,994 shares of the aerospace company’s stock valued at $935,803,000 after acquiring an additional 642,239 shares in the last quarter. 74.79% of the stock is owned by institutional investors and hedge funds.

Leidos Company Profile

Leidos Holdings, Inc provides services and solutions in the defense, intelligence, civil, and health markets primarily in the United States. The company 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.

Read More: Channel Trading

Get a free copy of the Zacks research report on Leidos (LDOS)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Earnings History and Estimates for Leidos (NYSE:LDOS)

Receive News & Ratings for Leidos Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Leidos and related companies with MarketBeat.com's FREE daily email newsletter.



Leave a Reply