Should I buy or sell Leonardo DRS stock right now?

3 Wall Street 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 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 brokers have issued 12-month price targets for Leonardo DRS's shares. Their DRS share price targets range from $24.00 to $26.00. On average, they expect the company's share price to reach $25.00 in the next twelve months. This suggests a possible upside of 19.3% 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 beginning of 2024. Since then, DRS shares have increased by 4.5% and is now trading at $20.95. View the best growth stocks for 2024 here .

Are investors shorting Leonardo DRS?

Leonardo DRS saw a drop in short interest in the month of March. As of March 31st, there was short interest totaling 2,500,000 shares, a drop of 13.2% from the March 15th total of 2,880,000 shares. Based on an average trading volume of 665,000 shares, the short-interest ratio is presently 3.8 days. Currently, 3.5% of the shares of the company are sold short. 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, May 1st 2024. View our DRS earnings forecast .

How can I listen to Leonardo DRS's earnings call?

Leonardo DRS will be holding an earnings conference call on Wednesday, May 1st at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link .

How were Leonardo DRS's earnings last quarter?

Leonardo DRS, Inc. (NASDAQ:DRS) posted its quarterly earnings results on Tuesday, February, 27th. The company reported $0.31 EPS for the quarter, beating the consensus estimate of $0.30 by $0.01. The business had revenue of $926 million for the quarter, compared to analyst estimates of $880.03 million. Leonardo DRS had a net margin of 5.94% and a trailing twelve-month return on equity of 8.72%. The company's revenue for the quarter was up 12.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.35 EPS.

What ETFs hold Leonardo DRS's stock?

ETFs with the largest weight of Leonardo DRS (NASDAQ:DRS) stock in their portfolio include Motley Fool Small-Cap Growth ETF (TMFS) , MFAM Small-Cap Growth ETF (MFMS) , SPDR S&P Aerospace & Defense ETF (XAR) , First Trust Indxx Aerospace & Defense ETF (MISL) , SPDR S&P Kensho Future Security ETF (FITE) , Amplify BlueStar Israel Technology ETF (ITEQ) , First Trust Multi-Manager Small Cap Opportunities ETF (MMSC) and Gabelli Commercial Aerospace & Defense ETF (GCAD) .

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

Leonardo DRS issued an update on its FY 2024 earnings guidance on Tuesday, February, 27th. The company provided earnings per share guidance of 0.740-0.820 for the period, compared to the consensus EPS estimate of 0.830. 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 served 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 many different institutional and retail investors. Top institutional shareholders include Oliver Luxxe Assets LLC (0.02%) and Cannon Global Investment Management LLC (0.01%). 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 .

NASDAQ:DRS

Leonardo DRS (DRS) Stock Price, News & Analysis

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$20.95

-0.30 (-1.41%)

(As of 04/19/2024 ET)

Compare

Today's Range: $20.71
▼
$21.49
50-Day Range: $19.67
▼
$23.60
52-Week Range: $14.12
▼
$24.00

Volume: 684,685 shs
Average Volume: 630,295 shs
Market Capitalization: $5.50 billion

P/E Ratio: 32.73
Dividend Yield: N/A
Price Target: $25.00

Get Leonardo DRS alerts:

Leonardo DRS MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.67 Rating Score
Upside/Downside: 19.3% Upside
$25.00 Price Target
Short Interest: Healthy
3.52% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.65
Based on 8 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.

2.73 out of 5 stars

Aerospace Sector

23rd out of 39 stocks

Search & Navigation Equipment Industry

7th out of 11 stocks

2.3

Analyst's Opinion

Consensus Rating
Leonardo DRS has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.
Amount of Analyst Coverage
Leonardo DRS has only been the subject of 3 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
3.52% 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 3.8, 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 13.19%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Leonardo DRS does not currently pay a dividend.
Dividend Growth
Leonardo DRS does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for DRS.

3.1

News and Social Media Coverage

News Sentiment
Leonardo DRS has a news sentiment score of 0.65. 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 is a higher news sentiment than the 0.53 average news sentiment score of Aerospace companies.
News Coverage This Week
MarketBeat has tracked 8 news articles for Leonardo DRS this week, compared to 3 articles on an average week.
Search Interest
11 people have searched for DRS on MarketBeat in the last 30 days. This is an increase of 22% compared to the previous 30 days.
MarketBeat Follows
Only 2 people have added Leonardo DRS to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Leonardo DRS insiders have not sold or bought any 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.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Leonardo DRS are expected to grow by 17.50% in the coming year, from $0.80 to $0.94 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Leonardo DRS is 32.73, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.14.
Price to Earnings Ratio vs. Sector
The P/E ratio of Leonardo DRS is 32.73, which means that it is trading at a more expensive P/E ratio than the Aerospace sector average P/E ratio of about 16.58.
Price to Earnings Growth Ratio
Leonardo DRS has a PEG Ratio of 3.10. 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 2.36. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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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

30 days | 90 days | 365 days | Advanced Chart

DRS Stock News Headlines

April 18, 2024 | msn.com

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April 18, 2024 | msn.com

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April 12, 2024 | msn.com

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April 5, 2024 | msn.com

Boston man, 62, and the first living patient with transplanted pig kidney is discharged from hospital and 'recovering well' - and says he has the 'cleanest bill of health' he's ...

April 4, 2024 | businesswire.com

Leonardo DRS Recognized with Prestigious Award for Revolutionary Infrared Sensor

April 4, 2024 | msn.com

Recipient of pig kidney transplant released from hospital

April 3, 2024 | msn.com

First-ever kidney transplant from gene-edited pig offers hope for thousands

April 3, 2024 | nytimes.com

Patient With Transplanted Pig Kidney Leaves Hospital for Home

April 3, 2024 | msn.com

Man who received first genetically modified pig kidney transplant leaves hospital

April 3, 2024 | businesswire.com

Leonardo DRS Schedules First Quarter 2024 Earnings Conference Call for May 1, 2024

April 2, 2024 | msn.com

Flame Retardants Found In Thousands Of Products Linked To Cancer

April 2, 2024 | msn.com

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April 2, 2024 | msn.com

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April 1, 2024 | msn.com

Watch: Louis and Claudia start new life in Paris in 'Interview with the Vampire' S2 trailer

March 31, 2024 | mirror.co.uk

Parents need entertainment inspiration 'just days into school holidays', study finds

March 31, 2024 | msn.com

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March 31, 2024 | msn.com

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March 30, 2024 | msn.com

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March 30, 2024 | sfgate.com

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March 30, 2024 | yahoo.com

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See More Headlines

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Company Calendar

Last Earnings: 2/27/2024
Today: 4/20/2024
Next Earnings (Confirmed): 5/01/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Aerospace
Industry: Search & navigation equipment
Sub-Industry: N/A
Current Symbol: NASDAQ:DRS
CUSIP: N/A
CIK: 1833756
Web: www.rada.com
Phone: (703) 416-8000
Fax: 972-9885-5885
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: +19.3%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.67
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.64
Trailing P/E Ratio: 32.73
Forward P/E Ratio: 26.19
P/E Growth: 3.15
Net Income: $168 million
Net Margins: 5.94%
Pretax Margin: 6.79%
Return on Equity: 8.72%
Return on Assets: 5.18%

Debt

Debt-to-Equity Ratio: 0.15
Current Ratio: 1.78
Quick Ratio: 1.47

Sales & Book Value

Annual Sales: $2.83 billion
Price / Sales: 1.95
Cash Flow: $1.03 per share
Price / Cash Flow: 20.28
Book Value: $8.86 per share
Price / Book: 2.36

Miscellaneous

Outstanding Shares: 262,630,000
Free Float: 262,315,000
Market Cap: $5.50 billion
Optionable: Optionable
Beta: 0.80

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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

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

DRS Stock Analysis - Frequently Asked Questions

Should I buy or sell Leonardo DRS stock right now?: 3 Wall Street 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 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 brokers have issued 12-month price targets for Leonardo DRS's shares. Their DRS share price targets range from $24.00 to $26.00. On average, they expect the company's share price to reach $25.00 in the next twelve months. This suggests a possible upside of 19.3% 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 beginning of 2024. Since then, DRS shares have increased by 4.5% and is now trading at $20.95.
View the best growth stocks for 2024 here.
Are investors shorting Leonardo DRS?: Leonardo DRS saw a drop in short interest in the month of March. As of March 31st, there was short interest totaling 2,500,000 shares, a drop of 13.2% from the March 15th total of 2,880,000 shares. Based on an average trading volume of 665,000 shares, the short-interest ratio is presently 3.8 days. Currently, 3.5% of the shares of the company are sold short.
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, May 1st 2024.
View our DRS earnings forecast.
How can I listen to Leonardo DRS's earnings call?: Leonardo DRS will be holding an earnings conference call on Wednesday, May 1st at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Leonardo DRS's earnings last quarter?: Leonardo DRS, Inc. (NASDAQ:DRS) posted its quarterly earnings results on Tuesday, February, 27th. The company reported $0.31 EPS for the quarter, beating the consensus estimate of $0.30 by $0.01. The business had revenue of $926 million for the quarter, compared to analyst estimates of $880.03 million. Leonardo DRS had a net margin of 5.94% and a trailing twelve-month return on equity of 8.72%. The company's revenue for the quarter was up 12.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.35 EPS.
What ETFs hold Leonardo DRS's stock?: ETFs with the largest weight of Leonardo DRS (NASDAQ:DRS) stock in their portfolio include Motley Fool Small-Cap Growth ETF (TMFS), MFAM Small-Cap Growth ETF (MFMS), SPDR S&P Aerospace & Defense ETF (XAR), First Trust Indxx Aerospace & Defense ETF (MISL), SPDR S&P Kensho Future Security ETF (FITE), Amplify BlueStar Israel Technology ETF (ITEQ), First Trust Multi-Manager Small Cap Opportunities ETF (MMSC) and Gabelli Commercial Aerospace & Defense ETF (GCAD).
What guidance has Leonardo DRS issued on next quarter's earnings?: Leonardo DRS issued an update on its FY 2024 earnings guidance on Tuesday, February, 27th. The company provided earnings per share guidance of 0.740-0.820 for the period, compared to the consensus EPS estimate of 0.830. 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 served 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 many different institutional and retail investors. Top institutional shareholders include Oliver Luxxe Assets LLC (0.02%) and Cannon Global Investment Management LLC (0.01%).
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 4/20/2024 by MarketBeat.com Staff

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Leonardo DRS (DRS) Stock Price, News & Analysis

Leonardo DRS MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Leonardo DRS Stock (NASDAQ:DRS)

DRS Stock Price History

DRS Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

DRS Stock Analysis - Frequently Asked Questions

Overall MarketRank^™