Leidos Holdings (LDOS) has demonstrated robust performance lately, indicating encouraging returns and a surge in company stock, earning it a 'strong growth', 'strong value', and 'strong momentum' distinction. Wall Street's bullish views attract a turnaround anticipation in case of a slump, with its shares appearing undervalued. Large-scale acquisitions of LDOS stocks by
JPMorgan Chase & Co., Assetmark Inc, and
Sanctuary Advisors LLC underscore the market interest, despite insider sell-off causing market hesitancy. The company outperformed its aerospace peers and the broader market, even amidst an overall market fall. LDOS delivered solid Q3 results, leading to raised EPS views for 2024, hence strong future expectations. Institutional owners own 77% of the company, with a portfolio addition by the Public Employees Retirement System of Ohio. Recent strategic contracts with
Army and Air Force have bolstered its leadership position in defense. A robust demand in defense is lifting Leidos' annual forecasts. The company has rewarded shareholders with a 5.3% hike in dividends. The firm is also showing a dedication towards innovation, with new agreements vowed to boost Artificial Intelligence in the UK.
Leidos Holdings LDOS News Analytics from Thu, 25 Jul 2024 07:00:00 GMT to Sat, 04 Jan 2025 14:34:47 GMT -
Rating 8
- Innovation 7
- Information 9
- Rumor 2
