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MARKETS LIVE BLOG:

STOCKS SINK WITH FED IN FOCUS, AMAZON EARNINGS ON DECK

U.S. consumer confidence hits lowest level since July 2022

Why Leidos (LDOS) is a Top Value Stock for the Long-Term

Zacks Equity Research
·2 min read

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors alike.

While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics.

Why Investors Should Pay Attention to This Value Stock

Value investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, and Price/Cash Flow, the Value Style Score identifies the most attractive and most discounted stocks.

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Leidos (LDOS)

Founded in 1969, Delaware-based Leidos Holdings, Inc. is a global science and technology leader that serves the defense, intelligence, civil and health markets. Its core capabilities include providing solutions in the fields of cybersecurity; data analytics; enterprise IT modernization; operations and logistics; sensors, collection and phenomenology; software development; and systems engineering. Outside the United States, the company’s international customers include foreign governments and their agencies, primarily located in the United Kingdom, the Middle East and Australia.

LDOS boasts a Value Style Score of B and VGM Score of B, and holds a Zacks Rank #2 (Buy) rating. Shares of Leidos are trading at a forward earnings multiple of 16.1X, as well as a PEG Ratio of 1.7, a Price/Cash Flow ratio of 8.9X, and a Price/Sales ratio of 1.1X.

Many value investors pay close attention to a company's earnings as well. For LDOS, four analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.16 to $7.76 per share for 2024. Per share LDOS boasts an average earnings surprise of 11.9%.

Investors should take the time to consider LDOS for their portfolios due to its solid Zacks Ranks, notable earnings and valuation metrics, and impressive Value and VGM Style Scores.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Leidos Holdings, Inc. (LDOS) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research