Leidos Holdings, Inc. Common St (NYSE:LDOS):
Leidos Wins IARPA R&D Contract To Anticipate Cyberattacks Using Novel Sensors.
The company is trading up from yesterday’s close of $43.26.
Leidos Holdings, Inc. Common St also announced a dividend for shareholders paid on Monday the 22nd of August 2016. The dividend payment was $0.320 per share for the quarter which comes to $1.28 on an annualized basis. This dividend represents a yield of $2.97. The ex-dividend date was Friday the 16th of September 2016.
Shares are trading at $43.65 which is just over $42.61, the 50 day moving average and barely below the 200 day moving average of $47.64. The 50 day moving average went up $1.04 or +2.44% and the 200 day average was down $-3.99.
The company’s P/E ratio is 11.47 and market capitalization is 3.18B. As of the last earnings report the EPS was $3.81 and is estimated to be $3.15 for the current year with 72,800,000 shares outstanding. Next quarter’s EPS is forecasted to be $0.80 and the next full year EPS is anticipated to be $3.15.
Several investment analysts have weighed in on the company. On September 7 analysts at Argus Research starting coverage on the stock giving it an initial rating of “Buy” and setting a price target of $54.00. On February 23 Deutsche Bank held the company rating at “Hold” and moved down the price target to $46.00 from $56.00.
Equity analyst Jefferies started covering LDOS with a rating of “Hold”. On November 2 the stock rating was upgraded to “Buy” from “Hold” by analysts at Drexel Hamilton.
On October 29, 2015 the stock rating was set at “Buy” by BB&T Capital which was a boost from the previous “Hold” rating. BB&T Capital began coverage of LDOS by announcing an initial rating of “Hold”.