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Campaigns / Spruce Point Capital → Leidos Holdings, Inc.
Spruce Point Capital vs. Leidos Holdings, Inc.

Leidos Holdings, Inc. · LDOS

1 deck published between 2021-02-16 and 2021-02-16 — 77 pages, 77 analysed slides total.

initial thesis

Timeline

Each deck in chronological order — click to open. This is the story of the campaign as it unfolded.

  1. 2021-02-16 initial thesis

    2021 02 64e79fccfca4981161555f5e_ldos_research_thesis_2 16 2021

    77pp · full_deck

    Leidos is concealing defective explosive-detection products from its impaired $1bn L3Harris SD&A deal while inflating cash flow 67-78%; sell with 35-60% downside to $43-$70.