Leonardo DRS Inc (NASDAQ: DRS) is 24.51% 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 $36.96 in the last trading session, with the day’s gains setting it 3.27%.
Currently trading at $40.23, the stock is 14.45% and 21.38% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.06 million and changing 8.85% at the moment leaves the stock 27.20% off its SMA200. DRS registered 83.45% gain for a year compared to 6-month gain of 42.51%. The firm has a 50-day simple moving average (SMA 50) of $33.1436 and a 200-day simple moving average (SMA200) of $31.6285.
The stock witnessed a 22.39% loss in the last 1 month and extending the period to 3 months gives it a 13.93%, and is 9.59% 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 4.54% over the week and 5.87% over the month.
Leonardo DRS Inc (DRS) has around 7000 employees, a market worth around $10.70B and $3.23B in sales. Current P/E ratio is 50.61 and Fwd P/E is 32.34. Profit margin for the company is 6.59%. Distance from 52-week low is 102.36% and 5.90% from its 52-week high. The company has generated returns on investments over the last 12 months (7.19%).
with sales reaching $814.87M over the same period.The EPS is expected to grow by 14.79% this year, but quarterly earnings will post 8.06% year-over-year. Quarterly sales are estimated to grow 8.22% in year-over-year returns.
339.0 institutions hold shares in Leonardo DRS Inc (DRS), with institutional investors hold 93.53% of the company’s shares. The shares outstanding are 265.06M, and float is at 74.24M with Short Float at 2.94%. Institutions hold 26.55% 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 Baylouny John, the company’s EVP and COO. SEC filings show that Baylouny John sold 3,529 shares of the company’s common stock on Apr 08 ’25 at a price of $31.96 per share for a total of $0.11 million. Following the sale, the insider now owns 0.14 million shares.
Still, SEC filings show that on Apr 02 ’25, Wallace Sally (EVP, Business Operations) disposed off 1,498 shares at an average price of $31.82 for $47666.0. The insider now directly holds 59,653 shares of Leonardo DRS Inc (DRS).
