Leidos Holdings Inc Stock Research

Market Summary

USD92.04+0.45

Delayedas of 31 Mar 2023, 12:56 pm

0.49%

LDOS Stock Price

LDOS RSI Chart

LDOS Valuation

Market Cap

12.5B

Price/Earnings (Trailing)

18.32

Price/Sales (Trailing)

0.87

EV/EBITDA

15.65

Price/Free Cashflow

12.73

LDOS Price/Sales (Trailing)

LDOS Profitability

Operating Margin

14.48%

EBT Margin

6.15%

Return on Equity

15.93%

Return on Assets

5.24%

Free Cashflow Yield

7.86%

LDOS Fundamentals

LDOS Revenue

Revenue (TTM)

14.4B

Revenue Y/Y

5.9%

Revenue Q/Q

2.47%

LDOS Earnings

Earnings (TTM)

685.0M

Earnings Y/Y

1.72%

Earnings Q/Q

9.26%

Price Action

52 Week Range

87.24110.91

(Low)(High)

Last 7 days

0.3%

Last 30 days

-5.6%

Last 90 days

-12.9%

Trailing 12 Months

-15.2%

LDOS Financial Health

Current Ratio

0.92

Debt/Equity

0.91

Debt/Cashflow

0.25

LDOS Investor Care

Dividend Yield

1.57%

Dividend/Share (TTM)

1.44

Buy Backs (1Y)

2.14%

Diluted EPS (TTM)

4.96

Peers (Alternatives to Leidos Holdings)

View All Peers In Detail

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
ADP	91.0B	17.2B	0.42%	-1.73%	28.91	5.27	9.88%	14.66%
FISV	72.3B	17.7B	-1.82%	10.63%	28.57	4.07	9.31%	89.66%
SQ	40.6B	17.5B	-10.74%	-51.11%	-75.07	2.32	-0.73%	-425.19%
CTSH	30.4B	19.4B	-4.50%	-33.46%	13.29	1.57	4.98%	7.16%
VRSN	21.7B	1.4B	4.71%	-7.21%	32.21	15.23	7.33%	-14.14%
MID-CAP
CACI	6.9B	6.5B	0.63%	-3.14%	19.01	1.07	6.38%	-16.32%
SAIC	5.9B	7.5B	0.04%	14.88%	21.81	0.78	2.58%	-9.12%
DXC	5.8B	14.8B	-9.66%	-24.29%	8.03	0.39	-10.79%	217.70%
SMALL-CAP
FSLY	2.1B	432.7M	22.03%	-5.10%	-11.05	4.87	22.12%	14.33%
CSGS	1.7B	1.1B	-5.75%	-16.61%	37.59	1.52	4.13%	-39.09%
SABR	1.3B	2.5B	-20.36%	-64.68%	-3.04	0.52	50.22%	53.10%
UIS	250.8M	2.0B	-25.70%	-83.31%	-2.37	0.13	-3.63%	76.37%
INOD	219.8M	79.0M	18.64%	13.28%	-18.42	2.78	13.25%	-613.39%
TCX	202.5M	321.1M	-19.03%	-73.39%	-7.34	0.63	5.52%	-919.59%
BCOV	187.2K	211.0M	-16.95%	-43.62%	-0.02	9e-4	-0.04%	-267.04%

Financials for Leidos Holdings

* denotes actual numbers (not divided by Millions)
Income Statement (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Revenue	1.5%	14,396	14,190	14,065	13,916	13,737
Cost Of Revenue	1.6%	12,312	12,119	11,966	11,857	11,723
S&GA Expenses	-1.5%	950	964	964	928	860
EBITDA	-0.6%	1,020	1,026	1,074	1,073	-
EBITDA Margin	-2.0%	0.07*	0.07*	0.08*	0.08*	-
Earnings Before Taxes	-0.4%	886	890	929	927	967
EBT Margin	-1.9%	0.06*	0.06*	0.07*	0.07*	-
Interest Expenses	-2.6%	-199	-194	-191	-187	-184
Net Income	0%	685	685	728	726	753
Net Income Margin	-1.4%	0.05*	0.05*	0.05*	0.05*	-
Free Cahsflow	-9.6%	986	1,091	908	885	-

Balance Sheet					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Assets	-0.2%	13,071	13,099	12,887	13,030	13,261
Current Assets	-5.2%	3,643	3,841	3,526	3,487	3,619
Cash Equivalents	-36.1%	516	807	339	297	727
Inventory	0.3%	287	286	286	279	274
Net PPE	0.3%	671	669	674	670	-
Goodwill	1.2%	6,696	6,618	6,673	6,742	6,744
Liabilities	-2.7%	8,718	8,960	8,830	9,022	8,917
Current Liabilities	-4.7%	3,947	4,141	3,906	3,494	3,229
Long Term Debt	-1.2%	3,928	3,975	4,023	4,569	4,593
Shareholder's Equity	5.2%	4,299	4,086	4,057	4,008	4,291
Retained Earnings	5.7%	2,367	2,239	2,128	2,007	1,880
Additional Paid-In Capital	1.2%	2,005	1,982	1,955	1,928	2,423
Shares Outstanding	0%	137	137	137	137	140
Minority Interest	1.9%	54.00	53.00	53.00	53.00	53.00

Cashflow (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Cashflow From Operations	-9.6%	986	1,091	908	885	1,031
Share Based Compensation	2.8%	73.00	71.00	70.00	68.00	67.00
Cashflow From Investing	-240.2%	-313	-92.00	-119	-507	-730
Cashflow From Financing	-8.3%	-865	-799	-791	-484	-113
Buy Backs	1.1%	542	536	672	673	270

Risks for LDOS

What is the probability of a big loss on LDOS?

55.4%

Probability that Leidos Holdings stock will be more than 20% underwater in next one year

19.2%

Probability that Leidos Holdings stock will be more than 30% underwater in next one year.

Probability that Leidos Holdings stock will be more than 40% underwater in next one year.

*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does LDOS drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Leidos Holdings was unfortunately bought at previous high price.

Drawdowns

Returns for LDOS

Cumulative Returns on LDOS

11.7%

10-Year Cumulative Returns

15.7%

7-Year Cumulative Returns

8.4%

5-Year Cumulative Returns

0.4%

3-Year Cumulative Returns

What are the long-term rolling returns for LDOS?

FIve years rolling returns for Leidos Holdings.

Annualized Returns

Which funds bought or sold LDOS recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
2023-03-27	Neo Ivy Capital Management	sold off	-100	-170,000	-	-%
2023-03-23	MetLife Investment Management, LLC	reduced	-1.51	584,404	3,753,700	0.03%
2023-03-23	ETF MANAGERS GROUP, LLC	reduced	-15.82	775,657	63,909,700	3.00%
2023-03-17	American Portfolios Advisors	added	9.79	-5,223	106,863	-%
2023-03-10	MATHER GROUP, LLC.	unchanged	-	41,513	245,513	-%
2023-03-10	VICTORY CAPITAL MANAGEMENT INC	reduced	-0.94	74,388,900	463,327,000	0.51%
2023-03-06	Rockefeller Capital Management L.P.	added	0.01	195,000	1,152,000	0.01%
2023-03-03	TIAA, FSB	reduced	-4.73	29,102	231,102	-%
2023-03-02	OLIVER LAGORE VANVALIN INVESTMENT GROUP	new	-	3,156	3,156	-%
2023-02-28	Voya Investment Management LLC	added	0.12	3,060,440	18,059,400	0.03%

Latest Funds Activity

Are funds buying LDOS calls or puts?

Calls

Puts

Are funds bullish or bearish(Calls - Puts)?

Net Call Options

No. of funds that own LDOS

No. of Funds

Leidos Holdings News

Schedule 13G FIlings of Leidos Holdings

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Mar 08, 2023	blackrock inc.	10.6%	14,575,482	SC 13G/A
Feb 09, 2023	vanguard group inc	11.18%	15,287,216	SC 13G/A
Jan 24, 2023	blackrock inc.	9.9%	13,534,334	SC 13G/A
Jan 05, 2023	jpmorgan chase & co	4.6%	6,344,442	SC 13G/A
Feb 09, 2022	blackrock inc.	10.5%	14,752,815	SC 13G/A
Feb 04, 2022	wellington management group llp	4.25%	5,958,569	SC 13G/A
Feb 03, 2022	blackrock inc.	9.8%	13,783,465	SC 13G/A
Jan 12, 2022	jpmorgan chase & co	6.9%	9,793,895	SC 13G/A
Feb 10, 2021	vanguard group inc	10.38%	14,772,706	SC 13G/A
Feb 08, 2021	vanguard fiduciary trust co	4.92%	7,007,384	SC 13G/A

LDOS Fair Value

Leidos Holdings fair value in different scenarios

The table shows the Fair Value estimates for Leidos Holdings for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.

Fair Value	Very Pessimistic	Pessimistic	Base Case	Optimistic	Very Optimistic
Very Low Inflation	82.15 -10.75%	101.31 10.07%	132.80 44.29%	171.31 86.13%	212.75 131.15%
Current Inflation	75.48 -17.99%	91.71 -0.36%	117.90 28.10%	149.99 62.96%	184.57 100.53%
Very High Inflation	67.27 -26.91%	80.15 -12.92%	100.37 9.05%	125.32 36.16%	152.25 65.42%

Historical Leidos Holdings Fair Value Estimates

Very Pessimistic Case

Pessimistic Case

Fair Value

Optimistic Case

Very Optimistic Case

Closing Stock Price

Recent SEC filings of Leidos Holdings

View All Filings

Date Filed	Form Type	Document
Mar 15, 2023	DEF 14A	DEF 14A
Mar 15, 2023	DEFA14A	DEFA14A
Mar 14, 2023	8-K	Current Report
Mar 10, 2023	4	Insider Trading
Mar 10, 2023	4	Insider Trading
Mar 10, 2023	4	Insider Trading
Mar 10, 2023	4	Insider Trading
Mar 10, 2023	4	Insider Trading
Mar 10, 2023	4	Insider Trading
Mar 10, 2023	4	Insider Trading

Latest Insider Trading transactions for LDOS

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
2023-03-08	Porter Elizabeth A	sold (taxes)	-10,810	96.52	-112	group president
2023-03-08	Moos James Robert	acquired	-	-	16.242	group president
2023-03-08	Fasano Gerard A	sold (taxes)	-52,989	96.52	-549	group president
2023-03-08	Carlini James F.	sold (taxes)	-19,690	96.52	-204	evp, chief technology officer
2023-03-08	Cage Christopher R	sold (taxes)	-6,659	96.52	-69.00	chief financial officer
2023-03-08	HOWE JERALD S JR	acquired	-	-	70.9731	evp, general counsel
2023-03-08	Moos James Robert	sold (taxes)	-1,254	96.52	-13.00	group president
2023-03-08	Opiekun Deborah D.	sold (taxes)	-6,756	96.52	-70.00	chief business development
2023-03-08	KRONE ROGER A	acquired	-	-	240	ceo
2023-03-08	Stevens Roy E	sold (taxes)	-21,041	96.52	-218	group president

About Leidos Holdings

Roger A. Krone

www.leidos.com

43000

Leidos Holdings, Inc., together with its subsidiaries, provides services and solutions in the defense, intelligence, civil, and health markets in the United States and internationally. It operates through three segments: Defense Solutions, Civil, and Health. The Defense Solutions segment offers national security solutions and systems for air, land, sea, space, and cyberspace for the U.S. Intelligence Community, the Department of Defense, the National Aeronautics and Space Administration, military services, and government agencies of U.S. allies abroad, as well as other federal and commercial customers in the national security industry. Its solutions include technology, large-scale systems, command and control platforms, data analytics, logistics, and cybersecurity solutions, as well as intelligence analysis and operations support services to critical missions. The Civil segment provides systems integration services to air navigation service providers, including the federal aviation administration, the En route automation modernization, advanced technology oceanic procedure, time based flow management, terminal flight data management, geo-7, and future flight services, as well as enterprise-information display systems; and security detection and automation services. It also offers information technology (IT) solutions in cloud computing, mobility, application modernization, DevOps, data center, network modernization, asset management, help desk operations, and digital workplace enablement; and environment, energy, and infrastructure services. The Health segment offers solutions to federal and commercial customers responsible for health and well-being of people worldwide, including health information management, managed health, digital transformation, and life sciences research and development services. Leidos Holdings, Inc. was founded in 1969 and is headquartered in Reston, Virginia.

LDOS Income Statement

2022-12-30

CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Millions	12 Months Ended
CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Millions	Dec. 30, 2022	Dec. 31, 2021	Jan. 01, 2021
Income Statement [Abstract]
Revenues	$ 14,396	$ 13,737	$ 12,297
Cost of revenues	12,312	11,723	10,560
Selling, general and administrative expenses	950	860	770
Credit losses (recoveries), net	1	(9)	(68)
Acquisition, integration and restructuring costs	17	27	39
Asset impairment charges	40	4	12
Equity earnings of non-consolidated subsidiaries	(12)	(20)	(14)
Operating income	1,088	1,152	998
Non-operating expense:
Interest expense, net	(199)	(184)	(179)
Other expense, net	(3)	(1)	(38)
Income before income taxes	886	967	781
Income tax expense	(193)	(208)	(152)
Net income	693	759	629
Less: net income attributable to non-controlling interest	8	6	1
Net income attributable to Leidos common stockholders	$ 685	$ 753	$ 628
Earnings per share:
Basic (usd per share)	$ 5.00	$ 5.34	$ 4.42
Diluted (usd per share)	$ 4.96	$ 5.27	$ 4.36

LDOS Balance Sheet

2022-12-30

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 30, 2022	Dec. 31, 2021
Assets:
Cash and cash equivalents	$ 516	$ 727
Receivables, net	2,350	2,189
Inventory, net	287	274
Other current assets	490	429
Total current assets	3,643	3,619
Property, plant and equipment, net	847	670
Intangible assets, net	952	1,177
Goodwill	6,696	6,744
Operating lease right-of-use assets, net	545	612
Other long-term assets	388	439
Total assets	13,071	13,261
Liabilities:
Accounts payable and accrued liabilities	2,254	2,141
Accrued payroll and employee benefits	701	605
Short-term debt and current portion of long-term debt	992	483
Total current liabilities	3,947	3,229
Long-term debt, net of current portion	3,928	4,593
Operating lease liabilities	570	589
Deferred tax liabilities	40	239
Other long-term liabilities	233	267
Total liabilities	8,718	8,917
Commitments and contingencies (Note 21)
Stockholders’ equity:
Preferred stock, $0.0001 par value, 10 million shares authorized and no shares issued and outstanding at December 30, 2022 and December 31, 2021	0	0
Common stock, $0.0001 par value, 500 million shares authorized, 137 million and 140 million shares issued and outstanding at December 30, 2022 and December 31, 2021, respectively	0	0
Additional paid-in capital	2,005	2,423
Retained earnings	2,367	1,880
Accumulated other comprehensive loss	(73)	(12)
Total Leidos stockholders’ equity	4,299	4,291
Non-controlling interest	54	53
Total stockholders' equity	4,353	4,344
Total liabilities and stockholders' equity	$ 13,071	$ 13,261