Leidos Holdings Inc. (NYSE:LDOS) finished Friday with an addition of $0.33 to close at $97.66, an upside of 0.34 percent. An average of 678,240 shares of common stock have been traded in the last five days. There was a gain of $0.56 in the past week, and it reached a new high 14 times over the past 12 months. The last 20 days have seen an average of 850,220 shares traded, while the 50-day average volume stands at 852,604.
LDOS stock has increased by 8.67% in the last month. The company shares reached their 1-month lowest point of $88.81 on 07/13/23. With the stock rallying to its 52-week high on 01/06/23, shares of the company touched a low of $76.58 and a high of $110.91 in 52 weeks. It has reached a new high 4 times so far this year and lost -7.16% or -$7.53 in price. In spite of this, the price is down -11.95% from the 52-week high.
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Insider Transactions
LDOS stock investors should be aware that Leidos Holdings Inc. (LDOS) stock had its last reported insider trading activity 8 days ago on Aug 04. In this transaction, the insider spent $300,360. Director, May Gary Stephen, disposed of 2,618 shares at a price of $78.71 on May 11. The insider now owns more than $206,061 worth of shares. Prior to that, Director Fubini David G went on to Sale 6,189 shares at $109.20 each on Dec 13. An amount of $675,839 was transacted.
Valuation Metrics
Leidos Holdings Inc. (LDOS) has a trailing price-to-earnings (P/E) ratio of 19.04. The stock’s beta is 0.78. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.92, the price-to-book (PB) ratio at 2.91, and the price-to-cash flow ratio at 24.23.
The company has a payout ratio of 27.90%. The company’s most recent quarterly dividend payment was $0.36 a share, without any change from last year. Its latest increase dividend $0.02 reported on Friday July 30 2021.
Financial Health
The quick ratio of Leidos Holdings Inc. for the three months ended June 29 was 1.10, and the current ratio was 1.30, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 1.02 and a total debt to equity ratio of 1.06 for the quarter ending June 29. Leidos Holdings Inc.’s EBITDA margin for the year ending June 29 is 10.19%, while its operating margin for the same period stands at 7.70%. Its gross profit as reported stood at $2.08 billion compared to revenue of $14.4 billion.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Leidos Holdings Inc.’s return on assets was 5.40%.
Earnings Surprise
For the three-month period that ended June 29, Leidos Holdings Inc. had $4.67 billion in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $207.0 million in the quarter, while revenues were grew 17.39%. The analyst consensus anticipated Leidos Holdings Inc.’s latest quarter earnings to come in at $1.57 per share, but it turned out to be $1.8, a 14.60% surprise. For the quarter, EBITDA amounted to $415.0 million. Shareholders own equity worth $137.35 million.
Technical Picture
From a technical analysis perspective, let’s take a brief look at Leidos Holdings Inc. (LDOS) price momentum. RSI 9-day as of the close on 11 August was 65.79%, suggesting the stock is Neutral, with historical volatility in this time frame at 36.25%.
As of today, LDOS’s price is $97.44 +0.58% or $0.56 from its 5-day moving average. LDOS is currently trading +8.72% higher than its 20-day SMA and +6.64% higher than its 100-day SMA. However, the stock’s current price level is +25.11% above the SMA50 and +1.64% above the SMA200.
The stochastic %K and %D were 61.61% and 61.34%, respectively, and the average true range (ATR) was 1.65. With the 14-day stochastic at 62.89% and the average true range at 1.64, the RSI (14) stands at 67.15%. The stock has reached -0.40 on the 9-day MACD Oscillator while the 14-day reading was at 1.34.
Analyst Ratings
Wells Fargo upgraded Leidos Holdings Inc. (NYSE: LDOS) to a an Overweight rating in its most recent analyst report. Previously, the stock was rated as an Equal weight. The consensus rating for Leidos Holdings Inc. (LDOS) among analysts is Overweight. According to current brokerage recommendations, 0 brokerage firms advise that investors sell LDOS, while 6 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 1 analysts, while 9 others rate it as a “buy”.
What is LDOS’s price target for the next 12 months?
Analysts predict a range of price targets between $100.00 and $129.00, with a median target of $116.00. Taking a look at these predictions, the average price target given by analysts for Leidos Holdings Inc. (LDOS) stock is $114.62.
