The latest trading day saw Leidos (LDOS) settling at $133.71, representing a +1.13% change from its previous close.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
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The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Leidos (LDOS) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
Investors looking for stocks in the Aerospace - Defense sector might want to consider either Leidos (LDOS) or Howmet (HWM). But which of these two stocks offers value investors a better bang for their buck right now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
LDOS makes a strong case for investment in the Aerospace sector, given its solid earnings growth prospects, return on equity and rising backlog.
The heavy selling pressure might have exhausted for Leidos (LDOS) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
Leidos (LDOS) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
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Leidos Holdings Inc. LDOS posted impressive fourth-quarter 2024 results. Both its top and bottom-line figures comfortably surpassed their respective Zacks Consensus Estimate.