Leidos (LDOS) Stock Falls Amid Market Uptick: What Investors Need to Know

Leidos stock declined 2.5% to $127.69, underperforming the broader market's gains. The company faces a predicted EPS decline of 1.64% for the upcoming quarter, though revenue is expected to grow 5.52%. With a Zacks Rank of #3 (Hold) and recent downward estimate revisions of 0.9%, the stock trades at a Forward P/E of 10.67, below its industry average.