Leidos Holdings (LDOS) Stock

Investors frequently depend on analyst recommendations when choosing to buy, sell, or hold a stock. Changes in ratings from these analysts, who work for brokerage firms, can impact a stock's price, but how significant are they really?

LDOS presents a compelling argument for investing in the Aerospace industry due to its strong potential for earnings growth, high return on equity, and increasing backlog of orders.

On the most recent trading day, Leidos (LDOS) closed at $143.30, which is a decrease of 0.53% compared to its last closing price.

Leidos (LDOS) seems to have stabilized after a recent decline, as shown by the hammer chart pattern. Furthermore, the consensus among Wall Street analysts to raise earnings estimates boosts the chances of the stock recovering soon.

Leidos (LDOS) is currently considered oversold, which means the intense selling might be coming to an end. Additionally, many Wall Street analysts are in agreement about increasing their earnings forecasts, which could result in a change in the stock's direction.

Investors interested in the Aerospace - Defense sector may want to look at Leidos (LDOS) or Howmet (HWM). However, which of these companies is the better choice for those seeking undervalued stocks?

Investors looking at defense stocks might want to purchase LDOS now, as it is currently valued lower than usual and has good growth potential.

Are you looking for ways to choose powerful stocks that can outperform the market for your investment portfolio? The Zacks Style Scores can help you with that.

RESTON, Va., Dec. 17, 2024 /PRNewswire/ -- Leidos (NYSE:LDOS) has announced a new main contract to supply geospatial intelligence (GEOINT) products to the National Geospatial-Intelligence Agency's (NGA) Office of Geography and Source Strategies Office.