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As of close of business last night, Leonardo DRS Inc’s stock clocked out at $34.33, down -4.98% from its previous closing price of $36.13. In other words, the price has decreased by -$4.98 from its previous closing price. On the day, 0.5 million shares were traded. DRS stock price reached its highest trading level at $36.26 during the session, while it also had its lowest trading level at $34.255.
Ratios:
To gain a deeper understanding of DRS’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 45.84 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 33.74. For the most recent quarter (mrq), Quick Ratio is recorded 1.70 and its Current Ratio is at 2.11. In the meantime, Its Debt-to-Equity ratio is 0.19 whereas as Long-Term Debt/Eq ratio is at 0.17.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, BofA Securities on September 24, 2024, Downgraded its rating to Neutral and sets its target price to $30 from $26 previously.
On June 26, 2024, BTIG Research started tracking the stock assigning a Buy rating and target price of $30.
On May 24, 2024, Morgan Stanley started tracking the stock assigning a Equal-Weight rating and target price of $26.Morgan Stanley initiated its Equal-Weight rating on May 24, 2024, with a $26 target price.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Nov 21 ’23 when Leonardo S.p.a sold 20,700,000 shares for $17.06 per share. The transaction valued at 353,187,540 led to the insider holds 189,745,073 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DRS now has a Market Capitalization of 9076749312 and an Enterprise Value of 9338750976. As of this moment, Leonardo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 46.24, and their Forward P/E ratio for the next fiscal year is 32.62. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.98. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.86 while its Price-to-Book (P/B) ratio in mrq is 3.67. Its current Enterprise Value per Revenue stands at 2.938 whereas that against EBITDA is 24.641.
Stock Price History:
Over the past 52 weeks, DRS has reached a high of $37.99, while it has fallen to a 52-week low of $17.97. The 50-Day Moving Average of the stock is 15.39%, while the 200-Day Moving Average is calculated to be 35.17%.
Shares Statistics:
It appears that DRS traded 597.79K shares on average per day over the past three months and 750010 shares per day over the past ten days. A total of 262.53M shares are outstanding, with a floating share count of 73.80M. Insiders hold about 72.09% of the company’s shares, while institutions hold 26.65% stake in the company. Shares short for DRS as of 1730332800 were 1763436 with a Short Ratio of 2.95, compared to 1727654400 on 1843335. Therefore, it implies a Short% of Shares Outstanding of 1763436 and a Short% of Float of 2.3699999.
Earnings Estimates
The market rating of Leonardo DRS Inc (DRS) is currently shaped by the ongoing analysis conducted by 7.0 analysts closely monitoring its performance.The consensus estimate for the next quarter is $0.17, with high estimates of $0.18 and low estimates of $0.17.
Analysts are recommending an EPS of between $0.92 and $0.9 for the fiscal current year, implying an average EPS of $0.91. EPS for the following year is $1.05, with 8.0 analysts recommending between $1.1 and $1.04.
Revenue Estimates
In the current quarter, 7 analysts expect revenue to total $939.45M. It ranges from a high estimate of $962M to a low estimate of $923M. As of the current estimate, Leonardo DRS Inc’s year-ago sales were $926MFor the next quarter, 7 analysts are estimating revenue of $733.83M. There is a high estimate of $741.7M for the next quarter, whereas the lowest estimate is $728.8M.
A total of 8 analysts have provided revenue estimates for DRS’s current fiscal year. The highest revenue estimate was $3.21B, while the lowest revenue estimate was $3.15B, resulting in an average revenue estimate of $3.19B. In the same quarter a year ago, actual revenue was $2.83BBased on 8 analysts’ estimates, the company’s revenue will be $3.42B in the next fiscal year. The high estimate is $3.48B and the low estimate is $3.37B.
