Key Highlights:
- Leidos (LDOS, Financial) sees a 9.7% rise in quarterly revenue, reaching $4.37 billion, outperforming analyst forecasts by 5.6%.
- Despite strong earnings, Leidos stock dipped 5.5%, with current trading at $134.94.
- Analyst consensus points to a bullish outlook with an average price target offering a 27.71% upside.
Leidos Holdings Inc. (LDOS) recently announced its quarterly earnings, reporting a robust revenue of $4.37 billion. This figure not only signifies a 9.7% increase compared to the same period last year but also exceeds analyst expectations by an impressive 5.6%. Despite the positive financial performance, shares of Leidos have dropped 5.5% since the earnings release, now trading at $134.94.
Wall Street Analysts Forecast
Analysts present a generally positive outlook for Leidos. According to price targets from 13 market analysts, the average target price for Leidos Holdings Inc. (LDOS, Financial) is pegged at $170.32. Projections range from a high of $220.00 to a lower range of $144.00. This average target suggests a potential upside of 27.71% from the current trading price of $133.36. Investors looking for more detailed estimate data are encouraged to visit the Leidos Holdings Inc. (LDOS) Forecast page.
Analyst Recommendations
Leidos Holdings Inc. (LDOS, Financial) maintains an "Outperform" rating based on the consensus from 18 brokerage firms, with an average recommendation score of 2.2 on the rating scale. On this scale, 1 signifies a Strong Buy, while 5 indicates a Sell recommendation. This suggests that analysts generally expect strong performance from the company moving forward.
GuruFocus Valuation
The GF Value for Leidos Holdings Inc. (LDOS, Financial) is estimated at $132.36 for the upcoming year, indicating a potential downside of 0.75% from its current trading price of $133.36. The GF Value metric is GuruFocus' approach to determining a stock's fair value, taking into account historical trading multiples, past business growth, and projected future performance. Further analysis and detailed data are available on the Leidos Holdings Inc. (LDOS) Summary page.