Leonardo DRS (NASDAQ:DRS - Get Free Report) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided EPS guidance of 1.260-1.300 for the period, compared to the consensus EPS estimate of 1.260. The company issued revenue guidance of $3.9 billion-$4.0 billion, compared to the consensus revenue estimate of $3.9 billion.
Leonardo DRS Stock Performance
NASDAQ DRS opened at $40.00 on Tuesday. The company has a market capitalization of $10.64 billion, a price-to-earnings ratio of 38.84, a PEG ratio of 2.97 and a beta of 0.29. Leonardo DRS has a twelve month low of $32.43 and a twelve month high of $49.31. The stock has a fifty day simple moving average of $44.57 and a 200 day simple moving average of $39.76. The company has a quick ratio of 1.60, a current ratio of 1.89 and a debt-to-equity ratio of 0.12.
Leonardo DRS (NASDAQ:DRS - Get Free Report) last issued its quarterly earnings results on Tuesday, May 5th. The company reported $0.26 EPS for the quarter, beating analysts' consensus estimates of $0.21 by $0.05. Leonardo DRS had a net margin of 7.62% and a return on equity of 11.68%. The firm's revenue was up 5.9% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.20 EPS. Leonardo DRS has set its FY 2026 guidance at 1.260-1.300 EPS. Sell-side analysts expect that Leonardo DRS will post 1.26 EPS for the current year.
Leonardo DRS Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Tuesday, March 24th. Shareholders of record on Tuesday, March 10th were given a dividend of $0.09 per share. The ex-dividend date of this dividend was Tuesday, March 10th. This represents a $0.36 dividend on an annualized basis and a yield of 0.9%. Leonardo DRS's dividend payout ratio is 34.95%.
Wall Street Analysts Forecast Growth
DRS has been the topic of a number of research analyst reports. Truist Financial raised shares of Leonardo DRS to a "strong-buy" rating in a research report on Friday. Bank of America upped their target price on shares of Leonardo DRS from $50.00 to $55.00 and gave the stock a "buy" rating in a report on Wednesday, March 25th. Weiss Ratings upgraded shares of Leonardo DRS from a "hold (c+)" rating to a "buy (b-)" rating in a report on Friday, March 20th. Wall Street Zen lowered shares of Leonardo DRS from a "buy" rating to a "hold" rating in a research note on Saturday. Finally, Morgan Stanley set a $47.00 price objective on shares of Leonardo DRS in a research note on Wednesday, February 25th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Leonardo DRS presently has a consensus rating of "Moderate Buy" and a consensus price target of $51.33.
Get Our Latest Report on DRS
Insider Activity
In related news, EVP Sally Wallace sold 28,960 shares of the firm's stock in a transaction that occurred on Thursday, April 2nd. The shares were sold at an average price of $46.35, for a total value of $1,342,296.00. Following the completion of the transaction, the executive vice president directly owned 58,353 shares of the company's stock, valued at approximately $2,704,661.55. This trade represents a 33.17% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Pamela Morrow sold 12,000 shares of the firm's stock in a transaction that occurred on Tuesday, March 3rd. The stock was sold at an average price of $45.20, for a total transaction of $542,400.00. Following the completion of the transaction, the senior vice president directly owned 6,494 shares of the company's stock, valued at approximately $293,528.80. This trade represents a 64.89% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 64,361 shares of company stock valued at $2,944,837 in the last three months. Company insiders own 0.25% of the company's stock.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently bought and sold shares of DRS. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Leonardo DRS by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 43,817 shares of the company's stock worth $1,441,000 after buying an additional 1,922 shares during the period. Millennium Management LLC boosted its holdings in Leonardo DRS by 29.0% in the 1st quarter. Millennium Management LLC now owns 369,749 shares of the company's stock worth $12,157,000 after buying an additional 83,077 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in Leonardo DRS by 9.4% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 148,474 shares of the company's stock worth $4,882,000 after buying an additional 12,712 shares during the period. Intech Investment Management LLC boosted its holdings in Leonardo DRS by 18.6% in the 1st quarter. Intech Investment Management LLC now owns 48,560 shares of the company's stock worth $1,597,000 after buying an additional 7,625 shares during the period. Finally, Acadian Asset Management LLC bought a new position in Leonardo DRS in the 1st quarter worth approximately $225,000. 18.76% of the stock is owned by institutional investors.
About Leonardo DRS
(
Get Free Report)
Leonardo DRS is a U.S.-based defense technology company and wholly owned subsidiary of Italy's Leonardo S.p.A. The firm specializes in developing and integrating mission-critical systems for military and government customers, with a primary focus on command, control, communications, computers, intelligence, surveillance and reconnaissance (C4ISR). Its core offerings encompass advanced sensors, targeting systems, radars and electronic warfare solutions designed to enhance situational awareness and operational effectiveness across land, sea and air domains.
The company's portfolio includes naval combat management systems, unmanned vehicle sensors, power generation and distribution equipment, and training and simulation solutions.
Further Reading
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