Leidos (LDOS) Stock Dips While Market Gains: Key Facts

Core Insights - Leidos (LDOS) shares closed at $166.62, reflecting a slight decline of -0.02% compared to the previous day, underperforming the S&P 500's gain of 0.97% [1] - Over the past month, Leidos shares have increased by 8.6%, outperforming the Aerospace sector's gain of 2.48% and the S&P 500's gain of 5.41% [1] Earnings Performance - Leidos is set to release its earnings on October 29, 2024, with an expected EPS of$ 1.95, indicating a decline of 3.94% year-over-year [2] - The consensus estimate for revenue is $4.04 billion, reflecting a year-over-year increase of 3.16% [2] Fiscal Year Estimates - For the entire fiscal year, Zacks Consensus Estimates predict earnings of$ 8.95 per share and revenue of $16.27 billion, representing increases of +22.6% and +5.39% respectively from the previous year [3] Analyst Estimates - Recent changes to analyst estimates for Leidos indicate a positive outlook on the company's business operations and profit generation capabilities [4] - The Zacks Rank system, which reflects these estimate changes, provides actionable insights for investors [5] Valuation Metrics - Leidos has a Forward P/E ratio of 18.62, which is lower than the industry average of 21.24, suggesting that Leidos is trading at a discount [7] - The PEG ratio for Leidos is currently 1.49, compared to the Aerospace - Defense industry's average PEG ratio of 2.04 [7] Industry Ranking - The Aerospace - Defense industry, which includes Leidos, ranks in the top 18% of all industries according to the Zacks Industry Rank [8] - The top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]