Leidos Holdings Inc (NYSE: LDOS)’s stock price has gone rise by 1.86 in comparison to its previous close of 142.85, however, the company has experienced a 2.33% increase in its stock price over the last five trading days. Zacks Investment Research reported 2024-05-08 that Does Leidos (LDOS) have what it takes to be a top stock pick for momentum investors? Let’s find out.
Is It Worth Investing in Leidos Holdings Inc (NYSE: LDOS) Right Now?
The price-to-earnings ratio for Leidos Holdings Inc (NYSE: LDOS) is above average at 62.72x, Company’s 36-month beta value is 0.69.Analysts have differing opinions on the stock, with 6 analysts rating it as a “buy,” 4 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for LDOS is 133.57M, and currently, short sellers hold a 1.06% ratio of that floaft. The average trading volume of LDOS on May 09, 2024 was 1.02M shares.
LDOS’s Market Performance
The stock of Leidos Holdings Inc (LDOS) has seen a 2.33% increase in the past week, with a 14.48% rise in the past month, and a 28.67% gain in the past quarter. The volatility ratio for the week is 1.34%, and the volatility levels for the past 30 days are at 1.79% for LDOS. The simple moving average for the past 20 days is 10.70% for LDOS’s stock, with a 32.90% simple moving average for the past 200 days.
Analysts’ Opinion of LDOS
Wells Fargo gave a rating of “Overweight” to LDOS, setting the target price at $102 in the report published on May 25th of the previous year.
LDOS Trading at 12.19% from the 50-Day Moving Average
After a stumble in the market that brought LDOS to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 0.93% of gains for the given period.
Volatility was left at 1.79%, however, over the last 30 days, the volatility rate increased by 1.34%, as shares surge +15.27% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +14.95% upper at present.
During the last 5 trading sessions, LDOS rose by +2.33%, which changed the moving average for the period of 200-days by +59.14% in comparison to the 20-day moving average, which settled at $132.40. In addition, Leidos Holdings Inc saw 34.42% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at LDOS starting from STALNECKER SUSAN M, who sale 3,014 shares at the price of $141.97 back on May 02 ’24. After this action, STALNECKER SUSAN M now owns 14,748 shares of Leidos Holdings Inc, valued at $427,909 using the latest closing price.
Kovarik Robert C JR, the Director of Leidos Holdings Inc, sale 1,952 shares at $142.21 during a trade that took place back on May 02 ’24, which means that Kovarik Robert C JR is holding 7,602 shares at $277,592 based on the most recent closing price.
Stock Fundamentals for LDOS
Current profitability levels for the company are sitting at:
- 0.05 for the present operating margin
- 0.15 for the gross margin
The net margin for Leidos Holdings Inc stands at 0.02. The total capital return value is set at 0.08. Equity return is now at value 7.41, with 2.47 for asset returns.
Based on Leidos Holdings Inc (LDOS), the company’s capital structure generated 0.55 points at debt to capital in total, while cash flow to debt ratio is standing at 0.26. The debt to equity ratio resting at 1.22. The interest coverage ratio of the stock is 7.63.
Currently, EBITDA for the company is 1.66 billion with net debt to EBITDA at 4.43. When we switch over and look at the enterprise to sales, we see a ratio of 1.54. The receivables turnover for the company is 5.79for trailing twelve months and the total asset turnover is 1.23. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.35.
Conclusion
In a nutshell, Leidos Holdings Inc (LDOS) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
