Leidos Holdings Inc. (LDOS) is presently being discussed as a trending stock with a good momentum and value for long-term growth. Several institutional investors including Savant Capital LLC, Retirement Systems of Alabama, New York Life Investment Management LLC and International Assets Investment Management LLC have significantly invested in the company. Notable personnel such as Patrick M Shanahan, Gregory R Dahlberg, Robert Kovarik JR, David G Fubini, and Noel B Geer have fortuitously used strategic moves to enhance their portfolios with Leidos Holdings stock options. After beating Q1 earnings and propelling the company's share prices to achieve new 12-month highs, several investment firms, including Truist Financial and analysts at Stifel Nicolaus, have given Leidos a buy rating and raised price targets to $160.00 and $180.00 respectively. The company also demonstrated strong revenue growth and managed to surpass analysts' revenue forecasts.
Similarly, Leidos shows a promising future as earnings estimates are seen moving higher. The company received upgrades from StockNews.com to strong-buy status. Furthermore, William Blair brokers lifted earnings estimates for Leidos Holdings. Q2 2024 earnings are expected to post $2.23 per share. With an astounding 77% ownership by institutional investors, LDOS received a consensus recommendation of a 'moderate buy' from brokerages. Nonetheless, while the stock performance on some trading days has been strong, LDOS has also under-performed on others.
Leidos Holdings LDOS News Analytics from Fri, 27 Oct 2023 07:00:00 GMT to Wed, 08 May 2024 16:00:11 GMT - Rating 7 - Innovation 4 - Information 9 - Rumor 2
