Bank of America Lowers Leidos (NYSE:LDOS) Price Target to $200.00

Leidos (NYSE:LDOS) had its price target decreased by investment analysts at Bank of America from $235.00 to $200.00 in a research note issued to investors on Tuesday,Benzinga reports. The firm presently has a “buy” rating on the aerospace company’s stock. Bank of America‘s price objective points to a potential upside of 29.30% from the company’s previous close.

A number of other equities research analysts also recently issued reports on the stock. UBS Group set a $204.00 target price on shares of Leidos in a research report on Thursday, January 15th. Argus upgraded shares of Leidos to a “strong-buy” rating in a research report on Tuesday, March 31st. Stifel Nicolaus cut their target price on shares of Leidos from $220.00 to $205.00 and set a “hold” rating for the company in a research report on Wednesday, February 18th. Jefferies Financial Group set a $185.00 target price on shares of Leidos in a research report on Wednesday, April 8th. Finally, Wells Fargo & Company began coverage on shares of Leidos in a research report on Wednesday, April 1st. They issued an “equal weight” rating and a $165.00 target price for the company. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and five have given a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $202.82.

Leidos Stock Down 0.3%

Shares of NYSE:LDOS opened at $154.68 on Tuesday. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.58 and a current ratio of 1.70. The company has a market cap of $19.51 billion, a PE ratio of 13.90, a price-to-earnings-growth ratio of 1.09 and a beta of 0.65. Leidos has a 52 week low of $136.91 and a 52 week high of $205.77. The firm has a 50 day simple moving average of $166.83 and a 200 day simple moving average of $181.82.

Leidos (NYSE:LDOS) last issued its quarterly earnings results on Tuesday, February 17th. The aerospace company reported $2.76 EPS for the quarter, beating the consensus estimate of $2.57 by $0.19. The business had revenue of $4.88 billion during the quarter, compared to the consensus estimate of $4.31 billion. Leidos had a net margin of 8.43% and a return on equity of 32.95%. The firm’s quarterly revenue was down 3.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.37 EPS. Leidos has set its FY 2026 guidance at 12.050-12.450 EPS. As a group, research analysts expect that Leidos will post 12.25 earnings per share for the current year.

Insider Activity at Leidos

In other news, insider Elizabeth A. Porter sold 2,000 shares of the stock in a transaction on Tuesday, April 7th. The shares were sold at an average price of $158.78, for a total transaction of $317,560.00. Following the transaction, the insider owned 49,476 shares in the company, valued at $7,855,799.28. This represents a 3.89% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.77% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of LDOS. Focus Partners Wealth lifted its position in Leidos by 46.5% during the 1st quarter. Focus Partners Wealth now owns 3,073 shares of the aerospace company’s stock worth $415,000 after acquiring an additional 976 shares during the last quarter. Marshall Wace LLP lifted its position in Leidos by 86.3% during the 2nd quarter. Marshall Wace LLP now owns 14,250 shares of the aerospace company’s stock worth $2,248,000 after acquiring an additional 6,600 shares during the last quarter. Cresset Asset Management LLC lifted its position in Leidos by 2.7% during the 2nd quarter. Cresset Asset Management LLC now owns 3,399 shares of the aerospace company’s stock worth $536,000 after acquiring an additional 90 shares during the last quarter. Cerity Partners LLC lifted its position in Leidos by 20.2% during the 2nd quarter. Cerity Partners LLC now owns 41,405 shares of the aerospace company’s stock worth $6,532,000 after acquiring an additional 6,962 shares during the last quarter. Finally, Natixis lifted its position in Leidos by 222.3% during the 2nd quarter. Natixis now owns 8,155 shares of the aerospace company’s stock worth $1,287,000 after acquiring an additional 5,625 shares during the last quarter. Institutional investors and hedge funds own 76.12% of the company’s stock.

About Leidos

Leidos is an American technology and engineering company that provides services and solutions to government and commercial customers, with a strong focus on national security, defense, intelligence, and civil government markets. The company delivers systems integration, engineering, cybersecurity, software development, data analytics, cloud migration and managed IT services, as well as mission support for complex programs. Leidos’ work spans areas such as C4ISR (command, control, communications, computers, intelligence, surveillance and reconnaissance), secure communications, sensors and systems engineering, and health IT solutions for public-sector healthcare programs.

Leidos traces its corporate roots to Science Applications International Corporation (SAIC) and emerged as an independent, publicly traded company following a corporate separation in 2013.