Somewhat Positive News Coverage Somewhat Unlikely to Impact Leidos (LDOS) Share Price

Press coverage about Leidos (NYSE:LDOS) has been trending somewhat positive on Tuesday, Accern Sentiment reports. Accern scores the sentiment of news coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Leidos earned a daily sentiment score of 0.14 on Accern’s scale. Accern also assigned news headlines about the aerospace company an impact score of 45.9514275205325 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

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

Several equities research analysts recently issued reports on LDOS shares. Cowen reissued a “buy” rating and issued a $68.00 price objective on shares of Leidos in a research note on Thursday, November 2nd. Wells Fargo & Co raised Leidos from a “market perform” rating to an “outperform” rating and set a $69.00 price objective for the company in a research note on Wednesday, October 25th. Zacks Investment Research raised Leidos from a “hold” rating to a “buy” rating and set a $70.00 price objective for the company in a research note on Friday, November 3rd. Jefferies Group reissued a “buy” rating and issued a $75.00 price objective on shares of Leidos in a research note on Thursday, October 5th. Finally, BidaskClub downgraded Leidos from a “buy” rating to a “hold” rating in a research note on Wednesday, October 18th. Three analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Leidos has a consensus rating of “Buy” and a consensus price target of $69.33.

Shares of Leidos (LDOS) traded down $0.14 during mid-day trading on Tuesday, reaching $66.24. The company’s stock had a trading volume of 537,224 shares, compared to its average volume of 655,817. The company has a debt-to-equity ratio of 0.92, a quick ratio of 1.03 and a current ratio of 1.27. Leidos has a 12 month low of $47.81 and a 12 month high of $66.66. The firm has a market cap of $10,040.00, a price-to-earnings ratio of 35.42, a P/E/G ratio of 1.70 and a beta of 1.66.

Leidos (NYSE:LDOS) last issued its earnings results on Thursday, November 2nd. The aerospace company reported $0.95 earnings per share for the quarter, topping the consensus estimate of $0.81 by $0.14. Leidos had a return on equity of 17.20% and a net margin of 3.04%. The company had revenue of $2.50 billion for the quarter, compared to analyst estimates of $2.55 billion. During the same period in the prior year, the firm posted $1.25 EPS. The business’s revenue was up 34.0% compared to the same quarter last year. sell-side analysts forecast that Leidos will post 3.7 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Friday, December 29th. Shareholders of record on Monday, December 18th were given a $0.32 dividend. This represents a $1.28 annualized dividend and a yield of 1.93%. The ex-dividend date was Friday, December 15th. Leidos’s payout ratio is currently 68.45%.

In other Leidos news, Director John P. Jumper sold 61,212 shares of the company’s stock in a transaction dated Tuesday, December 12th. The stock was sold at an average price of $64.06, for a total value of $3,921,240.72. Following the transaction, the director now directly owns 306,709 shares of the company’s stock, valued at approximately $19,647,778.54. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Corporate insiders own 1.70% of the company’s stock.

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About Leidos

Leidos Holdings, Inc (Leidos) is a science and technology solutions company focused on delivering solutions primarily in the areas of national security, health and engineering. The Company is a holding company whose direct 100%-owned subsidiary is Leidos, Inc, which delivers science and technology solutions in the areas of national security, health and engineering to agencies of the United States Department of Defense (DoD), the intelligence community, the United States Department of Homeland Security, and other United States Government civil agencies, state and local government agencies, foreign governments and customers across a variety of commercial markets.

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