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Leidos (LDOS) Rises Higher Than Market: Key Facts

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Leidos (LDOS - Free Report) ended the recent trading session at $139.86, demonstrating a +2.78% change from the preceding day's closing price. The stock outpaced the S&P 500's daily gain of 0.7%. Meanwhile, the Dow experienced a rise of 0.28%, and the technology-dominated Nasdaq saw an increase of 0.83%.

Coming into today, shares of the security and engineering company had gained 10.09% in the past month. In that same time, the Computer and Technology sector lost 7.7%, while the S&P 500 lost 1.21%.

Investors will be eagerly watching for the performance of Leidos in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on November 3, 2026. On that day, Leidos is projected to report earnings of $3.06 per share, which would represent year-over-year growth of 0.33%. Meanwhile, the latest consensus estimate predicts the revenue to be $4.71 billion, indicating a 5.29% increase compared to the same quarter of the previous year.

For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $12.36 per share and a revenue of $18.33 billion, representing changes of +3.09% and +6.71%, respectively, from the prior year.

It's also important for investors to be aware of any recent modifications to analyst estimates for Leidos. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.

Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.

The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.69% upward. Leidos currently has a Zacks Rank of #4 (Sell).

In the context of valuation, Leidos is at present trading with a Forward P/E ratio of 11.01. This signifies a discount in comparison to the average Forward P/E of 16.03 for its industry.

We can also see that LDOS currently has a PEG ratio of 1.51. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. As the market closed yesterday, the Computers - IT Services industry was having an average PEG ratio of 1.38.

The Computers - IT Services industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 92, putting it in the top 38% of all 250+ industries.

The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.

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