For its second fiscal quarter (ending June 30), Leidos Holdings Inc (NYSE: LDOS) has reported E.P.S. of $2.39 compared to $1.51 a year ago. E.P.S. were $3.25 for the latest four quarters through June 30 versus $5.16 for the same period a year ago.
Recent Price Action
Leidos Holdings Inc (NYSE: LDOS) stock declined by -4.6% on 7/30/24. The shares closed at $145.98. Moreover, this decline was accompanied by exceptionally high trading volume at 209% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -4.6% during the last week.
Current PriceTarget Research Rating
With future capital returns 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 25 but a good Power Rating of 82, producing the Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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