Leidos (NYSE:LDOS) Now Covered by Analysts at Wells Fargo & Company

Equities research analysts at Wells Fargo & Company began coverage on shares of Leidos (NYSE:LDOS) in a research report issued on Wednesday. The firm set an “equal weight” rating and a $165.00 price target on the aerospace company’s stock. Wells Fargo & Company‘s target price would indicate a potential upside of 6.11% from the company’s current price.

Other research analysts have also issued research reports about the company. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Leidos in a research report on Monday, December 29th. UBS Group set a $204.00 target price on shares of Leidos in a research note on Thursday, January 15th. Wall Street Zen downgraded shares of Leidos from a “strong-buy” rating to a “hold” rating in a report on Saturday, February 21st. Robert W. Baird dropped their price target on shares of Leidos from $215.00 to $195.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 18th. Finally, Stifel Nicolaus cut their price target on shares of Leidos from $220.00 to $205.00 and set a “hold” rating for the company in a research note on Wednesday, February 18th. Eight equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $211.00.

Leidos Trading Up 0.8%

Shares of NYSE:LDOS opened at $155.50 on Wednesday. The company’s 50-day moving average price is $175.94 and its two-hundred day moving average price is $184.73. Leidos has a one year low of $128.32 and a one year high of $205.77. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.70 and a quick ratio of 1.58. The stock has a market capitalization of $19.61 billion, a PE ratio of 13.97, a price-to-earnings-growth ratio of 1.09 and a beta of 0.63.

Leidos (NYSE:LDOS) last released its earnings results on Tuesday, February 17th. The aerospace company reported $2.76 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.57 by $0.19. Leidos had a return on equity of 32.95% and a net margin of 8.43%.The business had revenue of $4.88 billion for the quarter, compared to the consensus estimate of $4.31 billion. During the same quarter in the previous year, the business earned $2.37 earnings per share. Leidos’s quarterly revenue was down 3.6% on a year-over-year basis. Leidos has set its FY 2026 guidance at 12.050-12.450 EPS. On average, equities analysts forecast that Leidos will post 10.62 EPS for the current fiscal year.

Insiders Place Their Bets

In other Leidos news, insider Elizabeth A. Porter sold 3,000 shares of the firm’s stock in a transaction on Tuesday, January 20th. The stock was sold at an average price of $192.21, for a total transaction of $576,630.00. Following the completion of the sale, the insider owned 38,575 shares of the company’s stock, valued at $7,414,500.75. This trade represents a 7.22% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 0.77% of the company’s stock.

Hedge Funds Weigh In On Leidos

Several institutional investors and hedge funds have recently modified their holdings of LDOS. Allianz Asset Management GmbH boosted its stake in Leidos by 20.1% in the 3rd quarter. Allianz Asset Management GmbH now owns 339,972 shares of the aerospace company’s stock valued at $64,241,000 after purchasing an additional 56,905 shares during the period. LBP AM SA increased its position in Leidos by 43.8% during the 3rd quarter. LBP AM SA now owns 63,211 shares of the aerospace company’s stock worth $11,944,000 after buying an additional 19,268 shares during the period. Synergy Asset Management LLC lifted its holdings in shares of Leidos by 100.0% during the third quarter. Synergy Asset Management LLC now owns 233,470 shares of the aerospace company’s stock worth $44,116,000 after buying an additional 116,735 shares in the last quarter. Bank of Nova Scotia boosted its position in shares of Leidos by 1,353.1% in the second quarter. Bank of Nova Scotia now owns 165,003 shares of the aerospace company’s stock valued at $26,031,000 after acquiring an additional 153,648 shares during the period. Finally, United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund boosted its position in shares of Leidos by 120.4% in the third quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund now owns 11,900 shares of the aerospace company’s stock valued at $2,249,000 after acquiring an additional 6,500 shares during the period. 76.12% of the stock is currently owned by institutional investors and hedge funds.

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.