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DOW   36,124.56
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Leonardo DRS Stock Price, News & Analysis (NASDAQ:DRS)

$18.64
-0.57 (-2.97%)
(As of 12/5/2023 ET)
Compare
Today's Range
$18.56
$19.19
50-Day Range
$16.18
$20.86
52-Week Range
$10.55
$20.95
Volume
746,386 shs
Average Volume
768,832 shs
Market Capitalization
$4.89 billion
P/E Ratio
29.13
Dividend Yield
N/A
Price Target
$18.80

Leonardo DRS MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
0.8% Upside
$18.80 Price Target
Short Interest
Healthy
4.70% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Selling Shares
$353.14 M Sold Last Quarter
Proj. Earnings Growth
13.89%
From $0.72 to $0.82 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.90 out of 5 stars

Aerospace Sector

23rd out of 45 stocks

Search & Navigation Equipment Industry

7th out of 11 stocks


DRS stock logo

About Leonardo DRS Stock (NASDAQ:DRS)

Leonardo DRS, Inc., together with its subsidiaries, provides defense electronic products, systems, and military support service. 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 is 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. Its 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 naval power and 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, and 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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Leonardo DRS: Solid Quarterly Results
Best Momentum Stock to Buy for November 6th
Q3 2023 Leonardo DRS Inc Earnings Call
Leonardo DRS Q3 2023 Earnings Preview
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Company Calendar

Last Earnings
11/02/2023
Today
12/06/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
3/26/2024

Industry, Sector and Symbol

Industry
Search & navigation equipment
Sub-Industry
N/A
Sector
Aerospace
Current Symbol
NASDAQ:DRS
Employees
6,400
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$18.80
High Stock Price Target
$21.00
Low Stock Price Target
$17.00
Potential Upside/Downside
+0.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
6 Analysts

Profitability

Net Income
$405 million
Pretax Margin
6.43%

Debt

Sales & Book Value

Annual Sales
$2.69 billion
Cash Flow
$0.92 per share
Book Value
$8.17 per share

Miscellaneous

Free Float
262,213,000
Market Cap
$4.89 billion
Optionable
Optionable
Beta
0.83
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Key Executives

  • Mr. William J. Lynn III (Age 69)
    Chairman & CEO
    Comp: $5.17M
  • Mr. Michael D. Dippold (Age 42)
    Executive VP & CFO
    Comp: $1.52M
  • Mr. John A. Baylouny (Age 62)
    Executive VP & COO
    Comp: $1.78M
  • Mr. Mark A. Dorfman (Age 49)
    Executive VP, General Counsel & Secretary
    Comp: $1.21M
  • Ms. Sally A. Wallace (Age 56)
    Executive Vice President of Operations
    Comp: $1.19M
  • 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?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Leonardo DRS in the last twelve months. There are currently 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" DRS shares.
View DRS analyst ratings
or view top-rated stocks.

What is Leonardo DRS's stock price target for 2024?

6 Wall Street research analysts have issued 12 month price objectives for Leonardo DRS's stock. Their DRS share price targets range from $17.00 to $21.00. On average, they expect the company's stock price to reach $18.80 in the next twelve months. This suggests a possible upside of 0.8% 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 2023?

Leonardo DRS's stock was trading at $12.78 at the beginning of the year. Since then, DRS shares have increased by 45.9% and is now trading at $18.6450.
View the best growth stocks for 2023 here
.

Are investors shorting Leonardo DRS?

Leonardo DRS saw a decline in short interest in the month of November. As of November 15th, there was short interest totaling 3,320,000 shares, a decline of 35.3% from the October 31st total of 5,130,000 shares. Based on an average daily volume of 974,700 shares, the days-to-cover ratio is presently 3.4 days. Currently, 4.7% of the shares of the stock 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 Tuesday, March 26th 2024.
View our DRS earnings forecast
.

How were Leonardo DRS's earnings last quarter?

Leonardo DRS, Inc. (NASDAQ:DRS) posted its quarterly earnings data on Thursday, November, 2nd. The company reported $0.20 EPS for the quarter, topping analysts' consensus estimates of $0.15 by $0.05. The business had revenue of $703 million for the quarter, compared to the consensus estimate of $682.40 million. Leonardo DRS had a trailing twelve-month return on equity of 8.83% and a net margin of 5.85%.

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

Leonardo DRS issued an update on its FY23 earnings guidance on Thursday, November, 2nd. The company provided EPS guidance of $0.70-0.72 for the period, compared to the consensus earnings per share estimate of $0.68. The company issued revenue guidance of $2.735-2.785 billion, compared to the consensus revenue estimate of $2.78 billion.

When did Leonardo DRS IPO?

(DRS) raised $670 million in an 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 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 number of institutional and retail investors. Top institutional investors include Wellington Management Group LLP (1.20%), Invesco Ltd. (1.19%), Boston Partners (0.91%), FMR LLC (0.62%), Brown Advisory Inc. (0.58%) and Loomis Sayles & Co. L P (0.52%).
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NASDAQ:DRS) was last updated on 12/6/2023 by MarketBeat.com Staff

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