Leidos (LDOS) Issues FY19 Earnings Guidance

Leidos (NYSE:LDOS) updated its FY19 earnings guidance on Tuesday. The company provided EPS guidance of $4.25-4.60 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.76. The company issued revenue guidance of $10.5-10.9 billion, compared to the consensus revenue estimate of $10.64 billion.

Several analysts have recently commented on the stock. ValuEngine raised shares of Leidos from a sell rating to a hold rating in a research report on Monday, February 4th. Cowen reaffirmed a buy rating and set a $70.00 price objective on shares of Leidos in a research report on Tuesday. Zacks Investment Research raised shares of Leidos from a sell rating to a hold rating in a research report on Friday, January 25th. Finally, Argus reduced their price objective on shares of Leidos from $80.00 to $70.00 and set a buy rating for the company in a research report on Monday, October 29th. Three analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The company has a consensus rating of Buy and an average price target of $76.29.

Shares of LDOS stock opened at $62.31 on Wednesday. The company has a market cap of $9.49 billion, a PE ratio of 16.75, a P/E/G ratio of 1.42 and a beta of 1.64. Leidos has a 52 week low of $50.33 and a 52 week high of $72.30. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.38 and a quick ratio of 1.16.

Leidos (NYSE:LDOS) last announced its quarterly earnings data on Tuesday, February 19th. The aerospace company reported $1.10 EPS for the quarter, topping the consensus estimate of $1.07 by $0.03. The company had revenue of $2.65 billion during the quarter, compared to the consensus estimate of $2.66 billion. Leidos had a net margin of 5.04% and a return on equity of 18.67%. The company’s quarterly revenue was up 5.2% on a year-over-year basis. During the same quarter last year, the firm posted $0.87 EPS. On average, sell-side analysts expect that Leidos will post 4.36 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 29th. Stockholders of record on Friday, March 15th will be given a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a dividend yield of 2.05%. The ex-dividend date of this dividend is Thursday, March 14th. Leidos’s dividend payout ratio (DPR) is 34.41%.

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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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Earnings History and Estimates for Leidos (NYSE:LDOS)

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