Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Leidos Holdings Inc (NYSE: LDOS) weakened during the last several trading days. LDOS’ current Value Trend Rating is C and the prior Rating was B. Details supporting this lower rating are included in our next report.
Recent Price Action
Leidos Holdings Inc (NYSE: LDOS) stock rose modestly by 0.5% on 4/8/24. The stock closed at $129.24. This advance was accompanied by normal trading volume. The stock has been exceptionally strong relative to the market over the last nine months but has declined -1.4% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, LDOS is expected to continue to be a major Value Builder.
Leidos Holdings has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Leidos Holdings has a poor Appreciation Score of 24 but a very high Power Rating of 89, with the Neutral Value Trend Rating the result.
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