Leidos Holdings, Inc. (LDOS) has been the subject of numerous investment activities and analyst reports recently. As a leading provider of information technology services, Leidos enjoys a robust position in the market. Several institutional investors made new investments and increased their stakes in the company, for instance, New York Life Investment Management LLC, Natixis Advisors L.P., abrdn plc, and Running Oak Capital LLC. Among the favorable market analysts' notes, the
average price target was increased to $160.00 with Truist Financial and others labeling it as a strong buy. Delivery of
strong earnings results in the Q1 2024 period apparently bolstered the attractiveness of the company's stock. Surpassing analyst forecasts, Leidos (LDOS) has seen fresh highs in share value. Notably, LDOS has demonstrated strategic improvements and reported robust revenue growth amidst some earnings challenges. Earnings results were so favorable that they spurred some analysts to increase their earnings estimates. Although the stock has underperformed in comparison to the broader market multiple times, its recent performance has outperformed its competitors in various other instances. Despite these positive aspects, concerns remain as Leidos has seen some insiders selling their stock. Despite this, the consensus among brokerages seems to be of a 'Moderate Buy', with the
company rising above the 20-day moving average.
Leidos Holdings LDOS News Analytics from Fri, 27 Oct 2023 07:00:00 GMT to Tue, 07 May 2024 13:30:10 GMT -
Rating 7
- Innovation 3
- Information 8
- Rumor -3
