Leidos (LDOS) Given Daily Coverage Optimism Score of 0.14

Headlines about Leidos (NYSE:LDOS) have been trending somewhat positive recently, Accern Sentiment reports. The research firm identifies positive and negative media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Leidos earned a media sentiment score of 0.14 on Accern’s scale. Accern also gave media headlines about the aerospace company an impact score of 46.4160919802972 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

Here are some of the media headlines that may have impacted Accern’s analysis:

Leidos stock traded down $0.56 during trading hours on Monday, reaching $67.15. The company’s stock had a trading volume of 770,546 shares, compared to its average volume of 989,420. The company has a quick ratio of 1.01, a current ratio of 1.21 and a debt-to-equity ratio of 0.90. The company has a market capitalization of $10,255.32, a price-to-earnings ratio of 28.21, a price-to-earnings-growth ratio of 1.62 and a beta of 1.71. Leidos has a 12-month low of $49.84 and a 12-month high of $70.11.

Leidos (NYSE:LDOS) last released its quarterly earnings data on Thursday, February 22nd. The aerospace company reported $0.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.83 by $0.04. The firm had revenue of $2.52 billion for the quarter, compared to analyst estimates of $2.57 billion. Leidos had a return on equity of 17.47% and a net margin of 3.60%. The business’s revenue for the quarter was down 2.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.75 earnings per share. equities research analysts forecast that Leidos will post 4.41 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 30th. Shareholders of record on Thursday, March 15th will be paid a $0.32 dividend. The ex-dividend date is Wednesday, March 14th. This represents a $1.28 annualized dividend and a yield of 1.91%. Leidos’s dividend payout ratio is 53.78%.

Leidos announced that its board has initiated a stock repurchase plan on Thursday, February 22nd that allows the company to repurchase 20,000,000 outstanding shares. This repurchase authorization allows the aerospace company to reacquire shares of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s leadership believes its shares are undervalued.

LDOS has been the topic of several analyst reports. Citigroup upped their target price on Leidos from $71.00 to $75.00 and gave the stock a “buy” rating in a report on Monday, February 26th. Zacks Investment Research lowered Leidos from a “buy” rating to a “hold” rating in a report on Tuesday, March 13th. Jefferies Group upped their target price on Leidos from $75.00 to $80.00 and gave the stock a “buy” rating in a report on Friday, February 23rd. Cowen reiterated a “buy” rating and set a $72.00 target price on shares of Leidos in a report on Tuesday, December 19th. Finally, Stifel Nicolaus reiterated a “hold” rating and set a $68.00 target price on shares of Leidos in a report on Tuesday, November 21st. Three analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of $72.33.

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About Leidos

Leidos Holdings, Inc provides services and solutions in the defense, intelligence, civil, and health markets primarily in the United States. The company operates through three segments: Defense Solutions, Civil, and Health. The Defense Solutions segment offers national security solutions and systems for air, land, sea, space, and cyberspace for the U.S.

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