Leonardo DRS, Inc. (NASDAQ:DRS) Receives $48.86 Average Price Target from Analysts

Leonardo DRS, Inc. (NASDAQ:DRS) has received a consensus rating of “Moderate Buy” from the nine analysts that are currently covering the firm, Marketbeat reports. Three analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 1 year price target among brokerages that have covered the stock in the last year is $48.8571.

DRS has been the topic of a number of analyst reports. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Leonardo DRS in a research report on Monday, December 29th. Morgan Stanley set a $47.00 price target on Leonardo DRS in a research note on Wednesday. Truist Financial set a $59.00 price objective on Leonardo DRS in a research note on Wednesday. Finally, Wall Street Zen cut Leonardo DRS from a “buy” rating to a “hold” rating in a report on Saturday.

Leonardo DRS Stock Up 0.1%

Shares of DRS stock opened at $43.39 on Thursday. The company has a current ratio of 2.00, a quick ratio of 1.63 and a debt-to-equity ratio of 0.12. Leonardo DRS has a 12 month low of $28.17 and a 12 month high of $49.31. The stock has a market cap of $11.54 billion, a P/E ratio of 42.13, a P/E/G ratio of 2.18 and a beta of 0.45. The company has a 50 day simple moving average of $39.16 and a two-hundred day simple moving average of $39.03.

Leonardo DRS (NASDAQ:DRS) last issued its quarterly earnings data on Tuesday, February 24th. The company reported $0.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.37 by $0.05. The firm had revenue of $1.06 billion during the quarter, compared to the consensus estimate of $994.79 million. Leonardo DRS had a net margin of 7.62% and a return on equity of 11.82%. The company’s revenue for the quarter was up 8.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.38 EPS. Leonardo DRS has set its FY 2026 guidance at 1.200-1.260 EPS. On average, research analysts expect that Leonardo DRS will post 1.04 earnings per share for the current year.

Leonardo DRS Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 24th. Investors of record on Tuesday, March 10th will be issued a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a yield of 0.8%. The ex-dividend date is Tuesday, March 10th. Leonardo DRS’s dividend payout ratio is presently 34.95%.

Insider Activity

In other news, EVP Sally Wallace sold 1,300 shares of Leonardo DRS stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $35.17, for a total value of $45,721.00. Following the transaction, the executive vice president owned 58,353 shares of the company’s stock, valued at $2,052,275.01. The trade was a 2.18% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Michael Dippold sold 10,588 shares of the business’s stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $37.00, for a total transaction of $391,756.00. Following the transaction, the chief financial officer owned 42,952 shares of the company’s stock, valued at approximately $1,589,224. This trade represents a 19.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.34% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. increased its position in Leonardo DRS by 0.5% during the fourth quarter. Vanguard Group Inc. now owns 7,717,551 shares of the company’s stock worth $263,091,000 after purchasing an additional 34,858 shares during the last quarter. State Street Corp grew its stake in shares of Leonardo DRS by 4.0% in the 4th quarter. State Street Corp now owns 3,988,403 shares of the company’s stock valued at $135,965,000 after buying an additional 153,697 shares during the period. Invesco Ltd. increased its stake in Leonardo DRS by 30.1% during the second quarter. Invesco Ltd. now owns 3,768,160 shares of the company’s stock worth $175,144,000 after acquiring an additional 870,772 shares during the last quarter. First Trust Advisors LP raised its holdings in Leonardo DRS by 116.8% in the 3rd quarter. First Trust Advisors LP now owns 3,661,214 shares of the company’s stock valued at $166,219,000 after buying an additional 1,972,596 shares during the period. Finally, AQR Capital Management LLC lifted its holdings in shares of Leonardo DRS by 77.1% in the 4th quarter. AQR Capital Management LLC now owns 2,255,400 shares of the company’s stock worth $76,887,000 after acquiring an additional 981,956 shares during the last quarter. Hedge funds and other institutional investors own 18.76% of the company’s stock.

Leonardo DRS Company Profile

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.