While Leidos Holdings Inc has overperformed by 0.87%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, LDOS rose by 55.71%, with highs and lows ranging from $202.90 to $105.52, whereas the simple moving average jumped by 11.17% in the last 200 days.
On January 05, 2024, Barclays Upgraded Leidos Holdings Inc (NYSE: LDOS) to Overweight. A report published by Argus on November 17, 2023, Upgraded its rating to ‘Buy’ for LDOS. Wells Fargo also Upgraded LDOS shares as ‘Overweight’, setting a target price of $102 on the company’s shares in a report dated May 25, 2023. Jefferies March 27, 2023d the rating to Hold on March 27, 2023, and set its price target from $120 to $95. Citigroup initiated its ‘Buy’ rating for LDOS, as published in its report on December 08, 2022. RBC Capital Mkts’s report from August 30, 2022 suggests a price prediction of $106 for LDOS shares, giving the stock a ‘Sector Perform’ rating. Barclays also rated the stock as ‘Equal Weight’.
Analysis of Leidos Holdings Inc (LDOS)
The current dividend for LDOS investors is set at $1.52 per share, indicating investors will get a return regardless of how the company performs over the next quarter. Further, the quarter-over-quarter increase in sales is 6.86%, showing a positive trend in the upcoming months.
There are several well-rounded types of analysis and research techniques that can be used to gain a clear view of Leidos Holdings Inc’s future performance, with equity being one of the most critical indicators. The goal here is to ensure that your current return on equity of 27.37% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.15, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
As an indicator of volatility for any stock, average volume can also be very valuable, and LDOS is recording an average volume of 1.09M. On a monthly basis, the volatility of the stock is set at 3.46%, whereas on a weekly basis, it is put at 2.48%, with a gain of 0.43% over the past seven days. Furthermore, long-term investors anticipate a median target price of $203.67, showing growth from the present price of $165.40, which can serve as yet another indication of whether LDOS is worth investing in or should be passed over.
How Do You Analyze Leidos Holdings Inc Shares?
Leidos Holdings Inc (LDOS) is based in the USA and is one of the most prominent companies operating in the Information Technology Services market. When comparing Leidos Holdings Inc shares with other companies under Technology, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 18.85, there is a growth in quarterly earnings of 191.90%.
Apart from looking at the fundamentals, you should also pay attention to the number of company employees who own shares. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 1.26%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 77.12% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
LDOS shares are owned by institutional investors to the tune of 77.12% at present.
