Leonardo DRS Inc (NASDAQ: DRS) is 8.17% higher on its value in year-to-date trading and has touched a low of $19.88 and a high of $37.99 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The DRS stock was last observed hovering at around $33.15 in the last trading session, with the day’s gains setting it 1.8%.
Currently trading at $34.95, the stock is 12.86% and 6.11% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.13 million and changing 5.43% at the moment leaves the stock 15.60% off its SMA200. DRS registered 59.08% gain for a year compared to 6-month gain of 25.63%. The firm has a 50-day simple moving average (SMA 50) of $32.9362 and a 200-day simple moving average (SMA200) of $30.23355.
The stock witnessed a 18.92% loss in the last 1 month and extending the period to 3 months gives it a 2.52%, and is 11.95% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.85% over the week and 4.68% over the month.
Leonardo DRS Inc (DRS) has around 7000 employees, a market worth around $9.27B and $3.23B in sales. Current P/E ratio is 43.97 and Fwd P/E is 28.24. Profit margin for the company is 6.59%. Distance from 52-week low is 75.80% and -8.00% from its 52-week high. The company has generated returns on investments over the last 12 months (7.19%).
with sales reaching $736.72M over the same period.The EPS is expected to grow by 14.33% this year, but quarterly earnings will post 7.73% year-over-year. Quarterly sales are estimated to grow 7.08% in year-over-year returns.
330.0 institutions hold shares in Leonardo DRS Inc (DRS), with institutional investors hold 95.32% of the company’s shares. The shares outstanding are 265.06M, and float is at 74.31M with Short Float at 2.27%. Institutions hold 26.89% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 7.49 million shares valued at $$191.13 million. The investor’s holdings represent 2.8488 of the DRS Shares outstanding. As of 2024-06-30, the second largest holder is T. ROWE PRICE INVESTMENT MANAGEMENT, INC. with 5.99 million shares valued at $$152.81 million to account for 2.2776 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 5.64 million shares representing 2.1453 and valued at over $$143.93 million, while ALLIANCEBERNSTEIN L.P. holds 1.5939 of the shares totaling 4.19 million with a market value of $$106.94 million.
Leonardo DRS Inc (DRS) Insider Activity
The most recent transaction is an insider sale by Dippold Michael, the company’s EVP and CFO. SEC filings show that Dippold Michael sold 26,618 shares of the company’s common stock on Mar 18 ’25 at a price of $32.70 per share for a total of $0.87 million. Following the sale, the insider now owns 68802.0 shares.
Leonardo DRS Inc disclosed in a document filed with the SEC on Mar 18 ’25 that Lynn William III (Chief Executive Officer) sold a total of 45,000 shares of the company’s common stock. The trade occurred on Mar 18 ’25 and was made at $32.70 per share for $1.47 million. Following the transaction, the insider now directly holds 0.33 million shares of the DRS stock.
Still, SEC filings show that on Mar 18 ’25, Dorfman Mark (EVP, GC and Secretary) disposed off 20,034 shares at an average price of $32.69 for $0.65 million. The insider now directly holds 45,786 shares of Leonardo DRS Inc (DRS).
