NASDAQ:DRS Leonardo DRS (DRS) Stock Forecast, Price & News $15.50 +0.17 (+1.11%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$15.40▼$15.6550-Day Range$11.60▼$15.7752-Week Range$9.11▼$15.90Volume452,221 shsAverage Volume662,764 shsMarket Capitalization$4.05 billionP/E Ratio7.18Dividend YieldN/APrice Target$17.67 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Leonardo DRS MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside14.4% Upside$17.67 Price TargetShort InterestBearish5.67% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.26Based on 3 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.67 out of 5 starsAerospace Sector36th out of 45 stocksSearch & Navigation Equipment Industry8th out of 10 stocks 2.5 Analyst's Opinion Consensus RatingLeonardo DRS has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $17.67, Leonardo DRS has a forecasted upside of 14.4% from its current price of $15.44.Amount of Analyst CoverageLeonardo DRS has only been the subject of 1 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted5.67% of the float of Leonardo DRS has been sold short.Short Interest Ratio / Days to CoverLeonardo DRS has a short interest ratio ("days to cover") of 4.Change versus previous month Previous Next 0.0 Dividend Strength Dividend YieldLeonardo DRS does not currently pay a dividend.Dividend GrowthLeonardo DRS does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for DRS. Previous Next 2.4 News and Social Media Coverage News SentimentLeonardo DRS has a news sentiment score of 1.26. 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 0.44 average news sentiment score of Aerospace companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Leonardo DRS this week, compared to 4 articles on an average week.Search InterestOnly 2 people have searched for DRS on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.MarketBeat FollowsOnly 4 people have added Leonardo DRS to their MarketBeat watchlist in the last 30 days. This is a decrease of -43% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Leonardo DRS insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.00% of the stock of Leonardo DRS is held by insiders.Percentage Held by Institutions61.38% of the stock of Leonardo DRS is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Leonardo DRS is 7.15, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.68.Price to Earnings Ratio vs. SectorThe P/E ratio of Leonardo DRS is 7.15, which means that it is trading at a less expensive P/E ratio than the Aerospace sector average P/E ratio of about 12.14.Price to Book Value per Share RatioLeonardo DRS has a P/B Ratio of 1.88. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Leonardo DRS (NASDAQ:DRS) StockLeonardo DRS, Inc. engages in the provision of defense products and technologies. It develops and manufactures defense products for the U.S. military, intelligence agencies and allies around the world. Its broad technology portfolio focuses on advanced sensing, network computing, force protection, and electrical power and propulsion, as well as a range of key defense priorities. The company operates through two segments: Advanced Sensors & Computing, and Integrated Mission Systems. The Advanced Sensors & Computing segment has been aligned to push towards a more autonomous future. It consists of six business units, which include Airborne & Intelligence Systems, Daylight Solutions, DRS RADA Technologies, Electro-Optical & Infrared Systems, Land Electronics, and Naval Electronics. The Integrated Mission Systems segment consists of both a ground vehicle integrator and naval power and propulsion system provider. Leonardo DRS was founded by Leonard Newman and David E. Gross in 1969 and is headquartered in Arlington, VA.Read More Receive DRS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Leonardo DRS and its competitors with MarketBeat's FREE daily newsletter. Email Address DRS Stock News HeadlinesMay 23, 2023 | americanbankingnews.comHead to Head Contrast: Leonardo DRS (NASDAQ:DRS) versus Coda Octopus Group (NASDAQ:CODA)May 21, 2023 | americanbankingnews.comCritical Analysis: Leonardo DRS (NASDAQ:DRS) vs. Garmin (NASDAQ:GRMN)June 2, 2023 | Behind the Markets (Ad)The single greatest medical breakthrough of all time?We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.May 11, 2023 | americanbankingnews.comLeonardo DRS (NASDAQ:DRS) Sees Strong Trading VolumeMay 8, 2023 | americanbankingnews.comHead to Head Survey: NextNav (NASDAQ:NN) and Leonardo DRS (NASDAQ:DRS)May 5, 2023 | americanbankingnews.comComparing Coda Octopus Group (NASDAQ:CODA) and Leonardo DRS (NASDAQ:DRS)May 5, 2023 | americanbankingnews.comReviewing Leonardo DRS (NASDAQ:DRS) & Nextracker (NASDAQ:NXT)May 4, 2023 | marketwatch.comUncooled Detector Market Industry 2023 Size, Status and Global Outlook Leonardo DRS, Raytheon Company, BAEJune 2, 2023 | Behind the Markets (Ad)The single greatest medical breakthrough of all time?We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.May 4, 2023 | americanbankingnews.comCritical Comparison: Leonardo DRS (NASDAQ:DRS) & Virgin Orbit (NASDAQ:VORB)May 1, 2023 | americanbankingnews.comLeonardo DRS (DRS) Set to Announce Earnings on WednesdayMay 1, 2023 | americanbankingnews.comContrasting Leonardo DRS (NASDAQ:DRS) and Coda Octopus Group (NASDAQ:CODA)May 1, 2023 | americanbankingnews.comCoda Octopus Group (NASDAQ:CODA) vs. Leonardo DRS (NASDAQ:DRS) Head-To-Head AnalysisApril 27, 2023 | marketwatch.com2023 to 2030, Cockpit Voice and Flight Data Recorder Market DemandApril 26, 2023 | marketwatch.comMicrobolometer Market Research Analysis 2023-2031April 24, 2023 | marketwatch.comMid-Infrared Cameras Market Research Analysis 2023-2031April 21, 2023 | marketwatch.comThermal Camera Module Market Latest Trends and Insights 2023 to 2030 with Top Gaints ITherml, Guide Sensmart, Savgood Technology, Leonardo DRSApril 20, 2023 | americanbankingnews.comHead-To-Head Survey: Inflection Point Acquisition (NASDAQ:IPAX) & Leonardo DRS (NASDAQ:DRS)April 19, 2023 | americanbankingnews.comHead-To-Head Contrast: L3Harris Technologies (NYSE:LHX) & Leonardo DRS (NASDAQ:DRS)April 18, 2023 | seekingalpha.comLeonardo DRS: Order Backlog Already Priced InApril 17, 2023 | finance.yahoo.comLeonardo DRS Schedules First Quarter 2023 Earnings Conference Call for May 3, 2023April 16, 2023 | marketwatch.comDistributed Radio Systems (DRS) Market Forecast to 2031April 15, 2023 | seekingalpha.comLeonardo DRS: Lower 2023 Guidance, But The Stock Is UndervaluedApril 15, 2023 | americanbankingnews.comLeonardo DRS (NASDAQ:DRS) Trading Down 2.9%April 13, 2023 | marketwatch.comGlobal "Microbolometer Market" 2023 : Business Success Analysis till 2030April 12, 2023 | americanbankingnews.comL3Harris Technologies (NYSE:LHX) versus Leonardo DRS (NASDAQ:DRS) Financial ContrastApril 8, 2023 | americanbankingnews.comFinancial Review: Leonardo DRS (NASDAQ:DRS) versus Intuitive Machines (NASDAQ:LUNR)See More Headlines DRS Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart DRS Company Calendar Today6/02/2023Next Earnings (Estimated)8/16/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Search & navigation equipment Sub-IndustryN/A SectorAerospace Current SymbolNASDAQ:DRS CUSIPN/A CIK1833756 Webwww.rada.com Phone(703) 416-8000Fax972-9885-5885Employees6,400Year FoundedN/APrice Target and Rating Average Stock Price Forecast$17.67 High Stock Price Forecast$19.00 Low Stock Price Forecast$17.00 Forecasted Upside/Downside+14.4%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$2.16 Trailing P/E Ratio7.15 Forward P/E RatioN/A P/E GrowthN/ANet Income$405 million Net Margins17.18% Pretax Margin24.09% Return on Equity8.09% Return on Assets4.60% Debt Debt-to-Equity Ratio0.17 Current Ratio1.68 Quick Ratio1.32 Sales & Book Value Annual Sales$2.69 billion Price / Sales1.50 Cash Flow$0.96 per share Price / Cash Flow16.10 Book Value$8.21 per share Price / Book1.88Miscellaneous Outstanding Shares261,000,000Free Float258,390,000Market Cap$4.03 billion OptionableOptionable Beta0.87 Key ExecutivesWilliam J. LynnChairman & Chief Executive officerJohn A. BaylounyChief Operating Officer & Executive Vice PresidentMichael D. DippoldChief Financial Officer & Executive Vice PresidentPhilip PercontiChief Technology OfficerMark A. DorfmanSecretary, Executive VP & General CounselKey CompetitorsAerojet RocketdyneNYSE:AJRDMoogNYSE:MOG.BFTAI AviationNYSE:FTAIEmbraerNYSE:ERJSpirit AeroSystemsNYSE:SPRView All CompetitorsInstitutional OwnershipMacquarie Group Ltd.Bought 1,898,539 shares on 6/1/2023Ownership: 1.233%Prelude Capital Management LLCBought 15,056 shares on 6/1/2023Ownership: 0.006%JPMorgan Chase & Co.Sold 15,449 shares on 5/18/2023Ownership: 0.002%State Street CorpBought 11,262 shares on 5/16/2023Ownership: 0.128%Arrowstreet Capital Limited PartnershipBought 26,809 shares on 5/16/2023Ownership: 0.010%View All Institutional Transactions DRS Stock - Frequently Asked Questions Should I buy or sell Leonardo DRS stock right now? 4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Leonardo DRS in the last year. There are currently 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" DRS shares. View DRS analyst ratings or view top-rated stocks. What is Leonardo DRS's stock price forecast for 2023? 4 analysts have issued 12 month price objectives for Leonardo DRS's shares. Their DRS share price forecasts range from $17.00 to $19.00. On average, they anticipate the company's share price to reach $17.67 in the next twelve months. This suggests a possible upside of 14.4% 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 on January 1st, 2023. Since then, DRS stock has increased by 20.8% and is now trading at $15.44. View the best growth stocks for 2023 here. When is Leonardo DRS's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 16th 2023. View our DRS earnings forecast. 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), Invesco Aerospace & Defense ETF (PPA), BlueStar Israel Technology ETF (ITEQ), SPDR Kensho Future Security ETF (FITE), First Trust Multi-Manager Small Cap Opportunities ETF (MMSC), VanEck Israel ETF (ISRA) and First Trust US Equity Opportunities ETF (FPX). What guidance has Leonardo DRS issued on next quarter's earnings? Leonardo DRS issued an update on its FY 2023 earnings guidance on Wednesday, March, 29th. The company provided EPS guidance of $0.64-$0.69 for the period, compared to the consensus earnings per share estimate of $0.74. The company issued revenue guidance of $2.70 billion-$2.80 billion, compared to the consensus revenue estimate of $2.83 billion. When did Leonardo DRS IPO? (DRS) raised $670 million in an initial public offering (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. What is Leonardo DRS's stock symbol? Leonardo DRS trades on the NASDAQ under the ticker symbol "DRS." Who are Leonardo DRS's major shareholders? Leonardo DRS's stock is owned by many different institutional and retail investors. Top institutional investors include Wellington Management Group LLP (1.61%), Macquarie Group Ltd. (1.23%), Macquarie Group Ltd. (1.23%), Boston Partners (0.89%), Stephens Investment Management Group LLC (0.65%) and Royce & Associates LP (0.64%). 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. What is Leonardo DRS's stock price today? One share of DRS stock can currently be purchased for approximately $15.44. How much money does Leonardo DRS make? Leonardo DRS (NASDAQ:DRS) has a market capitalization of $4.03 billion and generates $2.69 billion in revenue each year. The company earns $405 million in net income (profit) each year or $2.16 on an earnings per share basis. How many employees does Leonardo DRS have? The company employs 6,400 workers across the globe. How can I contact Leonardo DRS? Leonardo DRS's mailing address is 7 GIBOREI ISRAEL STREET P.O. BOX 8606, NETANYA L3, 4250407. The official website for the company is www.rada.com. The company can be reached via phone at (703) 416-8000, via email at rada@gkir.com, or via fax at 972-9885-5885. This page (NASDAQ:DRS) was last updated on 6/2/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Leonardo DRS, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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