Leidos Holdings (LDOS) is Upgraded by Credit Suisse to Outperform

Leidos Holdings (LDOS) was Upgraded by Credit Suisse to ” Outperform”. Earlier the firm had a rating of “Neutral ” on the company shares. Credit Suisse advised their investors in a research report released on Nov 21, 2016.

Many Wall Street Analysts have commented on Leidos Holdings. Leidos Holdings was Upgraded by Credit Suisse to ” Outperform” on Nov 21, 2016. Leidos Holdings was Resumed by Citigroup to “Buy” on Sep 6, 2016.

On the company’s financial health, Leidos Holdings reported $1.25 EPS for the quarter, beating the analyst consensus estimate by $ 0.29 according to the earnings call on Nov 3, 2016. Analyst had a consensus of $0.96. The company had revenue of $1868.00 million for the quarter, compared to analysts expectations of $1896.03 million. The company’s revenue was up 43.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.73 EPS.

Leidos Holdings opened for trading at $47.63 and hit $48.74 on the upside on Monday, eventually ending the session at $48.36, with a gain of 1.70% or 0.81 points. The heightened volatility saw the trading volume jump to 20,65,373 shares. Company has a market cap of $7,272 M.

In a different news, on Nov 14, 2016, Surya N Mohapatra (director) purchased 3,276 shares at $46.27 per share price. According to the SEC, on Mar 15, 2016, Robert S Shapard (director) purchased 4,000 shares at $47.04 per share price. On Mar 15, 2016, James Reagan (CFO) purchased 2,600 shares at $46.83 per share price, according to the Form-4 filing with the securities and exchange commission.

Leidos Holdings

Leave a Reply

Leidos Holdings - Is it time to Sell?

Top Brokerage Firms are advising their investors on Leidos Holdings. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.