Leidos Holdings (LDOS) is considered a top growth and value stock. It has been dominating the performance of other Aerospace stocks this year. LDOS shareholders have seen nearly a 100% return over the past five years. Leidos is also exhibiting strong, continuous growth with shares surging 48% YTD. They remain heavily dominated by institutional owners, who have 77% ownership. LDOS continuously receives a 'Moderate Buy' rating from brokerages and has been consistently raising its annual outlook.
Leidos's financial performance is noteworthy. Although earnings estimates for the company have been cut by Zacks Research brokers, it surpassed Analyst revenue forecasts in Q1 and Q2, and overall revenue growth is strong. Despite earnings challenges, the company is seen by many as undervalued.
Leidos has won numerous contracts recently which further strengthens its position in the market. These include a $249M Army force protection contract, a $738M Cybersecurity Support contract, a $51M contract to enhance missile warning capabilities, a $276M Defense Department contract for critical materials research, and a $476M NASA cargo mission support contract. The company is also set to oversee the Department of Air Force's Advanced Battle Management System and modernize the CDC's National Health Safety Network.
Leidos Holdings LDOS News Analytics from Fri, 09 Feb 2024 04:06:25 GMT to Fri, 11 Oct 2024 20:59:51 GMT - Rating 7 - Innovation 5 - Information 8 - Rumor -3
