Leidos Holdings, Inc. (NYSE:LDOS):
Naval Surface Warfare Center Carderock Division Awards Leidos Prime Contract.
The company is down by -0.65% since yesterday’s close of $55.73.
Additionally Leidos Holdings, Inc. declared a dividend that will be paid on Fri Jun 30, 2017. The dividend payment will be $0.320 per share for the quarter which is $1.28 annualized. The dividend yield will be $2.31. The ex-dividend date is Monday the 13th of March 2017.
Leidos Holdings, Inc., launched on August 12, 2005, is global science and technology company. The Company provides technology and engineering services and solutions in the defense, intelligence, civil and health markets. The Company operates through four segments: National Security Solutions (NSS), Information Systems & Global Solutions (IS&GS), Health and Infrastructure (HIS), and Corporate and Other..
Shares are trading at $55.37 which is a tad above the 50 day moving average of $53.93 and just a bit higher than the 200 day moving average of $52.00. The 50 day moving average was up $1.44 and the 200 day average went up $3.37 or +6.48%.
Leidos Holdings, Inc.’s P/E ratio is 26.06 and the market cap of the company is 8.36B. In the last earnings report the EPS was $2.12 and is estimated to be $3.35 for the current year with 151,033,000 shares currently outstanding. Next quarter’s EPS is estimated at $0.82 and the next full year EPS is projected to be $3.59.
Ratings analysts have weighed in on LDOS recently. On December 14 analysts at Goldman Sachs issued its first research report on the stock by announcing an initial rating of “Neutral”. On December 6, 2016 Oppenheimer began coverage of LDOS with an initial rating of “Outperform”.
Equity analyst Credit Suisse raised the price target and upgraded the stock on November 21 boosting the price target from $41.00 to $57.00 and changing the rating from “Neutral” to “Outperform”. On November 21 the company was upgraded to “Outperform” from “Neutral” with a current price target of $57.00 in a statement from Credit Suisse.
Argus Research started covering LDOS setting a rating of “Buy” and establishing a price target of $54.00. February 23 investment analysts at Deutsche Bank held the company rating at “Hold” but lowered the price expectation from $56.00 to $46.00.