Leidos (LDOS) to Release Quarterly Earnings on Wednesday

Leidos (NYSE:LDOS) is set to issue its quarterly earnings data before the market opens on Wednesday, February 21st. Analysts expect the company to announce earnings of $0.85 per share for the quarter.

Shares of Leidos (NYSE LDOS) opened at $66.42 on Tuesday. The stock has a market capitalization of $10,050.00, a P/E ratio of 35.52, a P/E/G ratio of 1.66 and a beta of 1.61. Leidos has a 1-year low of $49.84 and a 1-year high of $68.25. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.27 and a quick ratio of 1.03.

In other Leidos news, Director John P. Jumper sold 61,212 shares of Leidos stock in a transaction on Tuesday, December 12th. The stock was sold at an average price of $64.06, for a total transaction of $3,921,240.72. Following the sale, the director now owns 306,709 shares of the company’s stock, valued at approximately $19,647,778.54. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.70% of the stock is owned by insiders.

LDOS has been the topic of several recent research reports. Wells Fargo & Co raised Leidos from a “market perform” rating to an “outperform” rating and set a $69.00 price target on the stock in a report on Wednesday, October 25th. Cowen reissued a “buy” rating and issued a $68.00 price target on shares of Leidos in a report on Thursday, November 2nd. Citigroup lifted their target price on Leidos from $65.00 to $71.00 and gave the company a “buy” rating in a research note on Friday, November 3rd. Zacks Investment Research raised Leidos from a “hold” rating to a “buy” rating and set a $70.00 target price on the stock in a research note on Friday, November 3rd. Finally, Stifel Nicolaus reaffirmed a “hold” rating and set a $68.00 target price on shares of Leidos in a research note on Tuesday, November 21st. Three analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Leidos presently has an average rating of “Buy” and a consensus price target of $69.33.

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Leidos Company Profile

Leidos Holdings, Inc (Leidos) is a science and technology solutions company focused on delivering solutions primarily in the areas of national security, health and engineering. The Company is a holding company whose direct 100%-owned subsidiary is Leidos, Inc, which delivers science and technology solutions in the areas of national security, health and engineering to agencies of the United States Department of Defense (DoD), the intelligence community, the United States Department of Homeland Security, and other United States Government civil agencies, state and local government agencies, foreign governments and customers across a variety of commercial markets.

Earnings History for Leidos (NYSE:LDOS)

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