Leidos (NYSE:LDOS) Given New $156.00 Price Target at UBS Group

Leidos (NYSE:LDOS) had its price objective lowered by UBS Group from $162.00 to $156.00 in a research note issued to investors on Wednesday,Benzinga reports. The brokerage currently has a “neutral” rating on the aerospace company’s stock. UBS Group’s price target points to a potential upside of 13.32% from the stock’s current price.

Several other brokerages have also commented on LDOS. Barclays lifted their target price on Leidos from $165.00 to $210.00 and gave the stock an “overweight” rating in a research report on Monday, November 4th. Truist Financial cut their target price on Leidos from $185.00 to $165.00 and set a “buy” rating on the stock in a research note on Wednesday. Royal Bank of Canada lifted their target price on Leidos from $145.00 to $180.00 and gave the company a “sector perform” rating in a research note on Wednesday, October 30th. TD Cowen downgraded Leidos from a “buy” rating to a “hold” rating and cut their target price for the company from $200.00 to $165.00 in a research note on Wednesday, January 8th. Finally, Citigroup lifted their target price on Leidos from $194.00 to $220.00 and gave the company a “buy” 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 MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $176.27.

Leidos Stock Up 0.0 %

NYSE LDOS traded up $0.06 during mid-day trading on Wednesday, reaching $137.66. 645,627 shares of the company’s stock traded hands, compared to its average volume of 1,365,920. Leidos has a 1-year low of $118.40 and a 1-year high of $202.90. The company has a fifty day simple moving average of $148.78 and a 200-day simple moving average of $157.63. The company has a current ratio of 1.23, a quick ratio of 1.15 and a debt-to-equity ratio of 0.87. The company has a market cap of $18.37 billion, a price-to-earnings ratio of 15.66, a P/E/G ratio of 0.92 and a beta of 0.66.

Leidos (NYSE:LDOS) last issued its earnings results on Tuesday, February 11th. The aerospace company reported $2.37 EPS for the quarter, topping the consensus estimate of $2.24 by $0.13. Leidos had a return on equity of 30.31% and a net margin of 7.37%. As a group, equities research analysts expect that Leidos will post 10.03 EPS for the current year.

Insider Transactions at Leidos

In other Leidos news, Director Noel B. Geer purchased 2,000 shares of the stock in a transaction dated Wednesday, November 20th. The shares were acquired at an average price 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 $322,260. This represents a ∞ increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.96% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the business. Ballentine Partners LLC lifted its position in shares of Leidos by 3.5% during the 3rd quarter. Ballentine Partners LLC now owns 1,822 shares of the aerospace company’s stock worth $297,000 after purchasing an additional 62 shares during the last quarter. Asahi Life Asset Management CO. LTD. lifted its position in shares of Leidos by 3.2% during the 3rd quarter. Asahi Life Asset Management CO. LTD. now owns 2,280 shares of the aerospace company’s stock worth $372,000 after purchasing an additional 70 shares during the last quarter. Verdence Capital Advisors LLC lifted its position in shares of Leidos by 4.8% during the 4th quarter. Verdence Capital Advisors LLC now owns 1,680 shares of the aerospace company’s stock worth $242,000 after purchasing an additional 77 shares during the last quarter. Smartleaf Asset Management LLC lifted its position in shares of Leidos by 20.4% during the 4th quarter. Smartleaf Asset Management LLC now owns 454 shares of the aerospace company’s stock worth $65,000 after purchasing an additional 77 shares during the last quarter. Finally, Fifth Third Bancorp lifted its position in shares of Leidos by 3.2% during the 4th quarter. Fifth Third Bancorp now owns 2,738 shares of the aerospace company’s stock worth $394,000 after purchasing an additional 86 shares during the last quarter. Hedge funds and other institutional investors own 76.12% 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.