"Leidos is pleased to team with Elroy Air to bring this critical capability to the warfighter," said Tim Freeman, Leidos senior vice president and Airborne Systems business area manager. "Approval to proceed to test is a major milestone and is the result of months of hard work by the team. We look forward to demonstrating how the Leidos and Elroy Air MARV-EL solution will help deliver a logistics advantage to the Marines and other branches of the military." Leidos and Elroy Air are slated to demonstrate Elr ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for moment ...

The broader U.S. equity markets witnessed an upward trajectory over the past few trading days in one of the longest winning streaks observed since December 2023, buoyed by the optimism regarding a probable interest rate cut by the Federal Reserve in the near future. With weaker-than-expected job growth per the April nonfarm payrolls report and moderating wage gains, investors are pricing in a second rate cut by the end of the year with a nearly 50% likelihood of a 25-basis point rate cut in September.Recent ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Let's take a look at what these Wall Street heavyweights have to say about Leidos (LDOS) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Leidos currently has an average brokerage re ...

Leidos (LDOS) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this security and engineering company have returned +10.4%, compared to the Zacks S&P 500 composite's -0.4% change. During this period, the Zacks Aerospace - Defense industry, which Leidos falls in, has lost 0%. The key question now is: What could be the stock's future dire ...

Leidos (LDOS) could be a solid addition to your portfolio given a notable revision in the company's earnings estimates. While the stock has been gaining lately, the trend might continue since its earnings outlook is still improving.The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this security and engineering company, should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings e ...

Have you been paying attention to shares of Leidos (LDOS) ? Shares have been on the move with the stock up 8.7% over the past month. The stock hit a new 52-week high of $140.91 in the previous session. Leidos has gained 29.6% since the start of the year compared to the -5.4% move for the Zacks Aerospace sector and the -10% return for the Zacks Aerospace - Defense industry.What's Driving the Outperformance?The stock has an impressive record of positive earnings surprises, as it hasn't missed our earnings con ...

Investors with an interest in Aerospace - Defense stocks have likely encountered both Leidos (LDOS) and Lockheed Martin (LMT) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The Zacks Rank favors stocks with strong earnings estimate revision t ...

SECURITIES AND EXCHANGE COMMISSION UNITED STATES Washington, D.C. 20549 Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 29, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-33072 Leidos Holdings, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation ...

Leidos (LDOS) reported $3.98 billion in revenue for the quarter ended March 2024, representing a year-over-year increase of 7.5%. EPS of $2.29 for the same period compares to $1.47 a year ago.The reported revenue represents a surprise of +4.68% over the Zacks Consensus Estimate of $3.8 billion. With the consensus EPS estimate being $1.65, the EPS surprise was +38.79%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expect ...