NASDAQ:DRS

Leonardo DRS (DRS) Stock Price, News & Analysis

$21.77
+0.10 (+0.46%)
(As of 10:58 AM ET)
Today's Range
$21.53
$21.83
50-Day Range
$20.44
$23.60
52-Week Range
$14.12
$24.00
Volume
34,733 shs
Average Volume
637,296 shs
Market Capitalization
$5.73 billion
P/E Ratio
31.10
Dividend Yield
N/A
Price Target
$25.00

Leonardo DRS MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
15.4% Upside
$25.00 Price Target
Short Interest
Healthy
3.15% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.42mentions of Leonardo DRS in the last 14 days
Based on 13 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
17.50%
From $0.80 to $0.94 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.45 out of 5 stars

Aerospace Sector

27th out of 41 stocks

Search & Navigation Equipment Industry

7th out of 11 stocks

DRS stock logo

About Leonardo DRS Stock (NASDAQ:DRS)

Leonardo DRS, Inc., together with its subsidiaries, provides defense electronic products and systems, and military support services. It operates through Advanced Sensing and Computing (ASC) segment, and Integrated Mission Systems (IMS) segments. The ASC segment designs, develops, and manufacture sensing and network computing technology that enables real-time situational awareness required for enhanced operational decision making and execution; and offers sensing capabilities span applications, such as missions requiring advanced detection, precision targeting and surveillance sensing, long range electro-optic/infrared, signals intelligence, and other intelligence systems including electronic warfare, ground vehicle sensing, active electronically scanned array tactical radars, dismounted soldier, and space sensing. This segment also provides network computing, which are utilized across a range of mission applications including platform computing on ground and shipboard for advanced battle management, combat systems, radar, command and control, tactical networks, tactical computing, and communications. The IMS segment designs, develops, manufacture, and integrates power conversion, control, and distribution systems, ship propulsion systems, motors and variable frequency drives, force protection systems, transportation, and logistics systems for the U.S. and allied defense customers. This segment also offers electrical propulsion systems, which includes power conversion, control, distribution, and propulsion systems, as well as power dense permanent magnet motors, energy storage systems and associated efficient, rugged, and compact power conversion, electrical actuation systems, as well as cooling technologies; and motor controllers, instrumentation and control equipment, electrical actuation systems, and thermal management systems. The company was incorporated in 1968 and is based in Arlington, Virginia. Leonardo DRS, Inc. operates as a subsidiary of Leonardo S.p.A.

DRS Stock Price History

DRS Stock News Headlines

The Department of Defense Has a New Drone Contractor
The Department of Defense just granted a major advantage to a small UAV provider. Since 1998, this Nasdaq-listed company has been supplying drones for civilian, enterprise, and military purposes.
Q1 2024 Leonardo DRS Inc Earnings Call
The Department of Defense Has a New Drone Contractor
The Department of Defense just granted a major advantage to a small UAV provider. Since 1998, this Nasdaq-listed company has been supplying drones for civilian, enterprise, and military purposes.
Leonardo DRS, Inc. Q1 Profit Increases, beats estimates
See More Headlines
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Company Calendar

Last Earnings
5/01/2024
Today
5/08/2024
Next Earnings (Estimated)
8/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Aerospace
Industry
Search & navigation equipment
Sub-Industry
N/A
Current Symbol
NASDAQ:DRS
Employees
6,600
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$25.00
High Stock Price Target
$26.00
Low Stock Price Target
$24.00
Potential Upside/Downside
+14.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
$168 million
Pretax Margin
7.23%

Debt

Sales & Book Value

Annual Sales
$2.95 billion
Cash Flow
$1.09 per share
Book Value
$8.86 per share

Miscellaneous

Free Float
262,826,000
Market Cap
$5.74 billion
Optionable
Optionable
Beta
0.79
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Key Executives

  • Mr. William J. Lynn III (Age 70)
    Chairman & CEO
    Comp: $6.41M
  • Mr. Michael D. Dippold (Age 43)
    Executive VP & CFO
    Comp: $1.84M
  • Mr. John A. Baylouny (Age 63)
    Executive VP & COO
    Comp: $2.17M
  • Mr. Mark A. Dorfman (Age 50)
    Executive VP, General Counsel & Secretary
    Comp: $1.5M
  • Ms. Sally A. Wallace (Age 57)
    Executive Vice President of Operations
    Comp: $1.47M
  • Mr. Stephen Vather
    Vice President of Investor Relations & Corporate Finance
  • Dr. Philip Perconti
    Chief Technology Officer
  • Mr. Michael Mount
    Vice President of Communications
  • Mr. Michael Coulter
    Senior VP of Corporate Business Development & President of International
  • Ms. Tami E. Gesiskie
    Senior Vice President of Human Resources

DRS Stock Analysis - Frequently Asked Questions

Should I buy or sell Leonardo DRS stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Leonardo DRS in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" DRS shares.
View DRS analyst ratings
or view top-rated stocks.

What is Leonardo DRS's stock price target for 2024?

3 Wall Street research analysts have issued twelve-month price targets for Leonardo DRS's shares. Their DRS share price targets range from $24.00 to $26.00. On average, they predict the company's share price to reach $25.00 in the next twelve months. This suggests a possible upside of 15.4% from the stock's current price.
View analysts price targets for DRS
or view top-rated stocks among Wall Street analysts.

How have DRS shares performed in 2024?

Leonardo DRS's stock was trading at $20.04 at the start of the year. Since then, DRS shares have increased by 8.1% and is now trading at $21.67.
View the best growth stocks for 2024 here
.

Are investors shorting Leonardo DRS?

Leonardo DRS saw a decline in short interest in the month of April. As of April 15th, there was short interest totaling 2,240,000 shares, a decline of 10.4% from the March 31st total of 2,500,000 shares. Based on an average trading volume of 663,500 shares, the days-to-cover ratio is currently 3.4 days. Currently, 3.2% of the shares of the company are short sold.
View Leonardo DRS's Short Interest
.

When is Leonardo DRS's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 7th 2024.
View our DRS earnings forecast
.

How were Leonardo DRS's earnings last quarter?

Leonardo DRS, Inc. (NASDAQ:DRS) announced its earnings results on Wednesday, May, 1st. The company reported $0.14 EPS for the quarter, topping the consensus estimate of $0.11 by $0.03. The firm had revenue of $688 million for the quarter, compared to analyst estimates of $645.56 million. Leonardo DRS had a net margin of 6.28% and a trailing twelve-month return on equity of 9.35%. The company's quarterly revenue was up 20.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.07 earnings per share.

What guidance has Leonardo DRS issued on next quarter's earnings?

Leonardo DRS issued an update on its FY 2024 earnings guidance on Wednesday, May, 1st. The company provided EPS guidance of 0.740-0.820 for the period, compared to the consensus earnings per share estimate of 0.800. The company issued revenue guidance of $2.9 billion-$3.0 billion, compared to the consensus revenue estimate of $3.0 billion.

When did Leonardo DRS IPO?

Leonardo DRS (DRS) raised $670 million in an IPO on Wednesday, March 24th 2021. The company issued 31,900,000 shares at a price of $20.00-$22.00 per share. Goldman Sachs, BofA Securities, J.P.Morgan, Barclays, Citigroup, Credit Suisse and Morgan Stanley acted as the underwriters for the IPO and Credit Agricole CIB, IMI - Intesa Sanpaolo, MUFG and UniCredit Capital Markets were co-managers.

Who are Leonardo DRS's major shareholders?

Leonardo DRS's stock is owned by a variety of retail and institutional investors. Top institutional investors include Essex Investment Management Co. LLC (0.12%), Russell Investments Group Ltd. (0.07%), Swiss National Bank (0.06%), GSA Capital Partners LLP (0.04%), Sei Investments Co. (0.04%) and Principal Financial Group Inc. (0.04%).
View institutional ownership trends
.

How do I buy shares of Leonardo DRS?

Shares of DRS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:DRS) was last updated on 5/8/2024 by MarketBeat.com Staff

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