A director at Leidos Holdings Inc bought 2,000 shares at 161.130USD and the significance rating of the trade was 54/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years c...
Still No Decisive Breakout as SPX Tests 5783 The S&P 500 (SPX) remains just below 5783, which is the upper-end of an important target/resistance area we have discussed for over a month (5670-5783). 5670 was the prior all-time high set in July, while 5783 is 2% above 5670. It is hard to call it a "decisive" breakout if the SPX is not even 2% above its prior high, and, importantly, in 2007, the SPX made a top after climbing 1-2% above its prior high. To reiterate, the 2007 topping analog has trac...
In this product we rank the most positive and negative domestic stocks, filter the symbols by market-cap and trading volume, and then divide the companies into sectors and groups. We then manually look through charts leadership/changes, bottoms-up/top-down ideas, short-term patterns that may have long-term significance, etc. We believe you will find this product valuable as significant price and relative moves begin in the daily charts.
Oversold Bounce Underway Amid Consolidation Phase In last week's Compass (8/22/23) we discussed our expectations for an oversold bounce due to an overwhelming number of indexes/Sectors/industries testing major multi-month supports, combined with Treasury yields and the U.S. dollar (DXY) testing resistance. The bounce has begun with the S&P 500 ending higher last week for the first time in a month, and it is possible we have seen the lows for this pause/pullback. For now, we see a low probabilit...
Ichor Holdings, Ltd. (ICHR) is the dominant player in a critical memory chip subindustry, and it is improving profitability coming out of a difficult two-year period for the industry. Uniform Accounting highlights that the market is missing the company's improving fundamentals, creating an opportunity for equity upside. Ichor is the biggest and highest quality fluid and gas delivery system manufacturer, a key supplier to the growing memory chip market. Difficult supply dynamics in the memory ma...
Leidos Holdings, Inc. (LDOS) currently trades below corporate but around recent averages relative to Uniform earnings, with a 18.1x Uniform P/E (Fwd. V/E'). At these levels, markets are pricing in expectations for Uniform ROA to decline to 22%, accompanied by 7% Uniform asset growth. Meanwhile, analysts expect Uniform ROA to fade to 33% by 2023, accompanied by 2% Uniform asset growth. If sustained going forward, these levels would imply a stock price closer to $140, representing approximatel...
LEIDOS HOLDINGS (US), a company active in the Computer Services industry, has received a double requalification by the independent financial analyst theScreener. Its fundamental valuation is now 3 out of 4 stars while its market behaviour can be considered as defensive. theScreener believes that the gain of a star(s) and an improvement in the market risk perception allows upgrading the general evaluation to Slightly Positive. As of the analysis date February 18, 2022, the closing price was USD 9...
Holley (HLLY) has a dominant and expanding market position in the growing performance automotive aftermarket. Uniform Accounting highlights that the market is pricing in historically low growth and significantly weaker pricing power, signaling the potential for equity upside as the company continues executing. Holley is currently the dominant player within a $4 billion subset of the growing $35 billion performance automotive aftermarket. The company is using its trusted reputation and an in...
Leidos Holdings, Inc. (LDOS) currently trades below corporate but around recent averages relative to Uniform earnings, with a 15.6x Uniform P/E (Fwd. V/E'). At these levels, markets are pricing in expectations for Uniform ROA to decline to 30%, accompanied by 3% Uniform asset growth. Meanwhile, analysts expect Uniform ROA to fade to 40% by 2022, accompanied by 7% Uniform asset growth. If sustained going forward, these levels would imply a stock price closer to $165, representing significant p...
Current market expectations for Atkore (ATKR) don't understand the company's position in the IoT revolution. The company supplies all the wires, storage, and mounting systems required for enterprises to power the IoT within their facilities, and it uses a bolt-on acquisition strategy and its best-in-class distribution network to consistently grow its offerings. As Atkore continues adding new patent-protected products to its portfolio, it is likely to see strong fundamental momentum the market...
Leidos Holdings, Inc. (LDOS:USA) currently trades below corporate averages relative to UAFRS-based (Uniform) earnings, with a 16.2x Uniform P/E. At these levels, the market is pricing in bearish expectations for the firm, and management may have concerns about margins, program delays, and wage inflation. Specifically, management may lack confidence in their ability to sustain adjusted EBITDA margin expansion, Defense Solutions segment organic revenue growth, and Health segment growth. In additi...
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
BERY has positioned itself as a market leader in making plastics greener. This, and the company's steady consolidation of its industry, prime it to maintain its above industry average UAFRS-based (Uniform) ROA and above industry average growth. While the market is pricing returns to collapse to cycle lows, the company's strong strategy is likely to prime it for returns to remain strong going forward. On top of that, management's compensation aligns them to focus specifically on maintaining hig...
Leidos Holdings, Inc. (LDOS:USA) currently trades below corporate averages relative to UAFRS-based (Uniform) earnings, with a 16.9x Uniform P/E. At these levels, the market has bearish expectations for the firm, and management may have concerns about their government contracts, growth momentum, and operating efficiency Specifically, management may lack confidence in their ability to provide multi-energy portal systems for the U.S. Customs and Border Protection prime contract, continue winning c...
Current market expectations for LGIH are overly pessimistic. Markets expect UAFRS-based ROA (Uniform ROA or ROA') to drop to by roughly half, with growth being cut by two-thirds going forward. The market is not recognizing the secular tailwinds for LGI Homes from its own strategy, or the at-home revolution, and how both will continue to power strong profitability going forward. As one of the last homebuilders making the shift from a regional homebuilder to a national one, LGI Homes has signi...
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