Truist Financial analyst Tobey Sommer maintains $Leidos (LDOS.US)$ with a buy rating, and maintains the target price at $205.
According to TipRanks data, the analyst has a success rate of 68.4% and a total average return of 14.6% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Leidos (LDOS.US)$'s main analysts recently are as follows:
Leidos surpassed Q3 consensus forecasts, increased its guidance for the third consecutive instance, and offered an initial perspective on 2025. It's anticipated that the company's growth will hasten to a mid-single digit rate in 2026, fueled by recent successes and a strong pipeline.
The company's Q3 results significantly exceeded consensus estimates, particularly in the area of margins. The forward-looking statements from management suggest that this positive trend is likely to continue. The company now boasts higher consolidated margins compared to the majority of its competitors in the Government IT sector.
The company's third-quarter earnings surpassed expectations, and its improved guidance was attributed to the strength across its broad portfolio. Commentary regarding the Health sector was favorable, and the management's initial outlook for 2025 met with a positive response from investors.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
