Leonardo DRS (NASDAQ:DRS) Releases FY 2025 Earnings Guidance

Key Points

• Leonardo DRS updated its FY 2025 earnings guidance, projecting earnings per share between 1.060 and 1.110, slightly above the consensus estimate of 1.079, and expects revenue of $3.5 billion to $3.6 billion.
• The company's stock is currently down 2.1%, with a market capitalization of $12.56 billion and trading at around $47.21.
• Leonardo DRS also announced a quarterly dividend of $0.09 per share, reflecting an annualized dividend yield of 0.76%.

Leonardo DRS (NASDAQ:DRS - Get Free Report) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 1.060-1.110 for the period, compared to the consensus estimate of 1.079. The company issued revenue guidance of $3.5 billion-$3.6 billion, compared to the consensus revenue estimate of $3.5 billion.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the company. The Goldman Sachs Group initiated coverage on Leonardo DRS in a report on Monday, June 30th. They issued a "buy" rating and a $49.00 price objective for the company. Wall Street Zen lowered Leonardo DRS from a "buy" rating to a "hold" rating in a research note on Friday, June 27th. JPMorgan Chase & Co. lifted their target price on Leonardo DRS from $33.00 to $48.00 and gave the stock a "neutral" rating in a research note on Monday, June 16th. Morgan Stanley upped their price objective on shares of Leonardo DRS from $44.00 to $47.00 and gave the company an "equal weight" rating in a report on Thursday. Finally, BTIG Research set a $49.00 target price on shares of Leonardo DRS and gave the stock a "buy" rating in a research note on Monday, May 5th. Three analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $46.29.

Leonardo DRS Price Performance

Shares of NASDAQ:DRS traded up $0.14 during midday trading on Friday, hitting $41.74. The stock had a trading volume of 314,907 shares, compared to its average volume of 1,038,609. Leonardo DRS has a fifty-two week low of $22.73 and a fifty-two week high of $49.31. The company has a market capitalization of $11.10 billion, a P/E ratio of 44.86, a price-to-earnings-growth ratio of 2.52 and a beta of 0.63. The company has a quick ratio of 1.64, a current ratio of 2.02 and a debt-to-equity ratio of 0.13. The company's 50-day moving average price is $45.24 and its 200-day moving average price is $38.40.

Leonardo DRS (NASDAQ:DRS - Get Free Report) last posted its quarterly earnings results on Wednesday, July 30th. The company reported $0.23 earnings per share for the quarter, beating analysts' consensus estimates of $0.22 by $0.01. The company had revenue of $829.00 million for the quarter, compared to the consensus estimate of $824.50 million. Leonardo DRS had a net margin of 7.31% and a return on equity of 11.09%. The firm's quarterly revenue was up 10.1% compared to the same quarter last year. During the same period last year, the company posted $0.18 EPS. As a group, equities research analysts predict that Leonardo DRS will post 1.04 EPS for the current fiscal year.

Leonardo DRS Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 3rd. Stockholders of record on Wednesday, August 20th will be paid a $0.09 dividend. The ex-dividend date of this dividend is Wednesday, August 20th. This represents a $0.36 annualized dividend and a dividend yield of 0.9%. Leonardo DRS's dividend payout ratio is presently 41.38%.

Insider Activity at Leonardo DRS

In other news, Director David W. Carey sold 6,438 shares of the business's stock in a transaction that occurred on Friday, June 13th. The shares were sold at an average price of $45.94, for a total value of $295,761.72. Following the transaction, the director owned 23,882 shares in the company, valued at approximately $1,097,139.08. The trade was a 21.23% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.34% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Leonardo DRS

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Acadian Asset Management LLC acquired a new stake in shares of Leonardo DRS during the 1st quarter worth approximately $225,000. Intech Investment Management LLC grew its stake in Leonardo DRS by 18.6% in the first quarter. Intech Investment Management LLC now owns 48,560 shares of the company's stock valued at $1,597,000 after acquiring an additional 7,625 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of 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 purchasing an additional 12,712 shares in the last quarter. Millennium Management LLC lifted its holdings in shares of 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 purchasing an additional 83,077 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position 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 valued at $1,441,000 after purchasing an additional 1,922 shares during the period. Institutional investors and hedge funds own 18.76% of the company's stock.

About Leonardo 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.