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S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Biden signs bill extending a key US surveillance program after divisions nearly forced it to lapse
MarketBeat Week in Review – 4/15 - 4/19
The drug war devastated Black and other minority communities. Is marijuana legalization helping?
A man escaped Sudan's bloody civil war. His mysterious death in Missisippi has sparked suspicion
Morning sickness? Prenatal check-ups? What to know about new rights for pregnant workers
Record Store Day celebrates indie retail music sellers as they ride vinyl's popularity wave
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Biden signs bill extending a key US surveillance program after divisions nearly forced it to lapse
MarketBeat Week in Review – 4/15 - 4/19
The drug war devastated Black and other minority communities. Is marijuana legalization helping?
A man escaped Sudan's bloody civil war. His mysterious death in Missisippi has sparked suspicion
Morning sickness? Prenatal check-ups? What to know about new rights for pregnant workers
Record Store Day celebrates indie retail music sellers as they ride vinyl's popularity wave
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Biden signs bill extending a key US surveillance program after divisions nearly forced it to lapse
MarketBeat Week in Review – 4/15 - 4/19
The drug war devastated Black and other minority communities. Is marijuana legalization helping?
A man escaped Sudan's bloody civil war. His mysterious death in Missisippi has sparked suspicion
Morning sickness? Prenatal check-ups? What to know about new rights for pregnant workers
Record Store Day celebrates indie retail music sellers as they ride vinyl's popularity wave
NASDAQ:DRS

Leonardo DRS (DRS) Stock Price, News & Analysis

$20.95
-0.30 (-1.41%)
(As of 04/19/2024 ET)
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

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
0.65mentions of Leonardo DRS in the last 14 days
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.

2.74 out of 5 stars

Aerospace Sector

23rd out of 39 stocks

Search & Navigation Equipment Industry

7th out of 10 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

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Here’s the cold, hard truth about investing: The more capital you have, the more risk averse you can afford to be. But when you’re staring down the barrel of retirement and you’ve only got 5, 10, 50 or $100,000 saved, you’ve got to be more aggressive. In an exclusive online training, the Market expert Steven Place is revealing a powerful “roadmap” that’s leading everyday investors to easy, triple-digit wins, even if they don’t have a lot of experience in trading.
The Hard Truth About Investing For Retirement
Here’s the cold, hard truth about investing: The more capital you have, the more risk averse you can afford to be. But when you’re staring down the barrel of retirement and you’ve only got 5, 10, 50 or $100,000 saved, you’ve got to be more aggressive. In an exclusive online training, the Market expert Steven Place is revealing a powerful “roadmap” that’s leading everyday investors to easy, triple-digit wins, even if they don’t have a lot of experience in trading.
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

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
+19.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
$168 million
Pretax Margin
6.79%

Debt

Sales & Book Value

Annual Sales
$2.83 billion
Cash Flow
$1.05 per share
Book Value
$8.86 per share

Miscellaneous

Free Float
262,315,000
Market Cap
$5.50 billion
Optionable
Optionable
Beta
0.80
12 Stocks Corporate Insiders are Abandoning Cover

If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?

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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 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 Wall Street research analysts have issued 12-month price targets for Leonardo DRS's stock. 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 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 the year. Since then, DRS stock has 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 decline in short interest in the month of March. As of March 31st, there was short interest totaling 2,500,000 shares, a decline of 13.2% from the March 15th total of 2,880,000 shares. Based on an average daily trading volume, of 665,000 shares, the short-interest ratio is presently 3.8 days. Currently, 3.5% of the company's shares 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, 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 data on Tuesday, February, 27th. The company reported $0.31 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.30 by $0.01. The company had revenue of $926 million for the quarter, compared to analysts' expectations of $880.03 million. Leonardo DRS had a trailing twelve-month return on equity of 8.72% and a net margin of 5.94%. Leonardo DRS's revenue for the quarter was up 12.9% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.35 earnings per share.

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

Leonardo DRS updated its FY 2024 earnings guidance on Tuesday, February, 27th. The company provided EPS 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 initial public offering 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 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 a variety of institutional and retail investors. Top institutional investors 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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