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NASDAQ:DRS

Leonardo DRS (DRS) Stock Price, News & Analysis

Leonardo DRS logo
$32.98 +1.03 (+3.22%)
(As of 12/20/2024 05:16 PM ET)

About Leonardo DRS Stock (NASDAQ:DRS)

Key Stats

Today's Range
$31.32
$33.14
50-Day Range
$28.15
$37.05
52-Week Range
$18.60
$37.99
Volume
1.62 million shs
Average Volume
626,987 shs
Market Capitalization
$8.72 billion
P/E Ratio
44.57
Dividend Yield
N/A
Price Target
$32.17
Consensus Rating
Moderate Buy

Company Overview

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.

Leonardo DRS Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
39th Percentile Overall Score

DRS MarketRank™: 

Leonardo DRS scored higher than 39% of companies evaluated by MarketBeat, and ranked 37th out of 53 stocks in the aerospace sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Leonardo DRS has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 3 buy ratings, 3 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Leonardo DRS has only been the subject of 3 research reports in the past 90 days.

  • Read more about Leonardo DRS's stock forecast and price target.
  • Earnings Growth

    Earnings for Leonardo DRS are expected to grow by 16.30% in the coming year, from $0.92 to $1.07 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Leonardo DRS is 44.57, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.72.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Leonardo DRS is 44.57, which means that it is trading at a more expensive P/E ratio than the Aerospace sector average P/E ratio of about 36.91.

  • Price to Earnings Growth Ratio

    Leonardo DRS has a PEG Ratio of 1.76. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Leonardo DRS has a P/B Ratio of 3.72. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    2.11% of the float of Leonardo DRS has been sold short.
  • Short Interest Ratio / Days to Cover

    Leonardo DRS has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Leonardo DRS has recently decreased by 11.93%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Leonardo DRS does not currently pay a dividend.

  • Dividend Growth

    Leonardo DRS does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    2.11% of the float of Leonardo DRS has been sold short.
  • Short Interest Ratio / Days to Cover

    Leonardo DRS has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Leonardo DRS has recently decreased by 11.93%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Leonardo DRS has a news sentiment score of 0.77. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Aerospace companies.
  • News Coverage This Week

    MarketBeat has tracked 9 news articles for Leonardo DRS this week, compared to 5 articles on an average week.
  • Search Interest

    Only 8 people have searched for DRS on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • MarketBeat Follows

    Only 6 people have added Leonardo DRS to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Leonardo DRS insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $3,236,679.00 in company stock.

  • Percentage Held by Insiders

    Only 0.12% of the stock of Leonardo DRS is held by insiders.

  • Percentage Held by Institutions

    Only 18.76% of the stock of Leonardo DRS is held by institutions.

  • Read more about Leonardo DRS's insider trading history.
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DRS Stock News Headlines

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DRS Stock Analysis - Frequently Asked Questions

Leonardo DRS's stock was trading at $20.04 at the beginning of 2024. Since then, DRS shares have increased by 64.6% and is now trading at $32.98.
View the best growth stocks for 2024 here
.

Leonardo DRS, Inc. (NASDAQ:DRS) issued its quarterly earnings data on Wednesday, October, 30th. The company reported $0.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.20 by $0.04. The firm's revenue was up 15.5% compared to the same quarter last year.

Leonardo DRS (DRS) raised $670 million in an initial public offering (IPO) on Wednesday, March 24th 2021. The company issued 31,900,000 shares at $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.

Top institutional investors of Leonardo DRS include State Street Corp (1.12%), Geode Capital Management LLC (0.72%), Royce & Associates LP (0.54%) and Wellington Management Group LLP (0.53%). Insiders that own company stock include SPA Leonardo, William Lynn III, John Baylouny, Michael Dippold, Sally Wallace and Pamela Morrow.
View institutional ownership trends
.

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Leonardo DRS investors own include Chevron (CVX), Bristol-Myers Squibb (BMY), McKesson (MCK), Comcast (CMCSA), Charles Schwab (SCHW), Edwards Lifesciences (EW) and Yum! Brands (YUM).

Company Calendar

Last Earnings
10/30/2024
Today
12/21/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Target
$32.17
High Stock Price Target
$40.00
Low Stock Price Target
$26.00
Potential Upside/Downside
-2.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
6 Analysts

Profitability

Net Income
$168 million
Pretax Margin
7.80%

Debt

Sales & Book Value

Annual Sales
$3.18 billion
Cash Flow
$1.03 per share
Book Value
$8.86 per share

Miscellaneous

Free Float
264,080,000
Market Cap
$8.72 billion
Optionable
Optionable
Beta
0.97

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This page (NASDAQ:DRS) was last updated on 12/21/2024 by MarketBeat.com Staff
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