Stocks to Watch: Leidos Holdings, Inc. (LDOS) and Copart, Inc. (CPRT) in the spotlight

The price of Leidos Holdings, Inc. (NYSE:LDOS) went up by $0.5 now trading at $75.33. Their shares witnessed a 49.67% increase from the 52-week low price of $50.33 they recorded on 2018-12-26. Even though it is still -2.68% behind the $77.35 high touched on 2019-05-22. The last few days have been rough for the stock, as its price has decreased by -1.05% during the week. It has also performed better over the past three months, as it added around 15.93% while it has so far climbed around 24.33% during the course of a year. The stock of LDOS recorded 42.89% uptrend from the beginning of this year till date. The 12-month potential price target for Leidos Holdings, Inc. is set at $79. This target means that the stock has an upside potential to increase by 4.87% from the current trading price.

53 institutions entered new Leidos Holdings, Inc. (NYSE:LDOS) positions, 185 added to their existing positions in these shares, 208 lowered their positions, and 54 exited their positions entirely.

Leidos Holdings, Inc. (LDOS) trade volume has increased by 36.74% as around 1,400,832 shares were sold when compared with its 50-day average volume of traded shares which is 1,024,434. At the moment, LDOS is witnessing a uptrend, as it is trading 0.35% above its 20-day SMA, 8.92% above its 50-day SMA, and 16.46% above its 200-day SMA. The company runs an ROE of roughly 19.8%, with financial analysts predicting that their earnings per share growth will be around 10.4% per annum for the next five year. This will be compared to the 30.1% increase witnessed over the past five years.

The first technical resistance point for Leidos Holdings, Inc. (NYSE:LDOS) will likely come at $75.9, marking a 0.75% premium to the current level. The second resistance point is at $76.48, about 1.5% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $73.38, the lower end of the range. LDOS’s 14-day MACD is -0.49 and this negative figure indicates a downward trading trend. The company’s 14-day RSI (relative strength index) score is 61.32, which shows that its stock has been neutral. The 20-day historical volatility for the stock stands at 17.7 percent, which is low when compared to that of the 50-day’s 25.31 percent.

The shares of Copart, Inc. (NASDAQ:CPRT) has decreased by -0.1%, and now trading at $71.48 on the Wall Street in the intra-day deal, with their shares traded now around 1,492,063. This is a rise of 179,561 shares over the average 1,312,502 shares that were traded daily over the last three months. The stock that is trading at $71.48 went higher by 60.23% from its 52-week low of $44.61 that it attained back on 2018-12-24. The stock recorded a 52-week high of $72.6 nearly 6 days ago on 2019-05-28.

CPRT stock has performed well over the past 30 days, as it added 8.29% while its price climbed by 49.6% year-to-date (YTD). Looking at the last few days, it has been good for the stock, as it rose 2.2% over the last week. The stock’s 12-month potential target price is now at $62.5. This means that the stock price might likely increase by -12.56% from its current trading price. 5 out of 12 Wall Street analysts which represents 41.67% rated the stock as a buy while the remaining 50% rated it as a hold, with 8.33% of analysts rating it as a sell.

Copart, Inc. (NASDAQ:CPRT) has been utilizing an ROE that is roughly 29.4%, with stock analysts predicting that the company’s EPS for the next five years will go up by 22.3% per year, following the 20.5% raise that was witnessed during the past five years. The stock at the moment is on a uptrend, trading 6.13% above its 20-day SMA, 9.79% above its 50-day SMA, and 26.78% above its 200-day SMA. In percentage terms, the aggregate Copart, Inc. shares held by institutional investors is 86.8%. 85 institutions jumped in to acquire Copart, Inc. (CPRT) fresh stake, 260 added to their current holdings in these shares, 239 lowered their positions, and 47 left no stake in the company.

The stock’s 9-day MACD is 2.04 and this positive figure indicates an upward trading trend. The company’s 9-day RSI score is 68.36, which shows that its stock has been neutral. The 20-day historical volatility for the shares stand at 38.16 percent, which is more when compared to that of the 50-day’s 24.16 percent. On the daily chart, we see that the stock could reach the first level of resistance at $71.95, sporting a 0.65% premium to the current level. The next resistance point is at $72.42, representing nearly 1.3% premium to the current market price of Copart, Inc. (CPRT). On the other hand, failure to breach the immediate hurdles can drag it down to $70.26, the lower end of the range.

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