Leonardo DRS, Inc. (NASDAQ:DRS) Receives Average Rating of “Moderate Buy” from Analysts

Leonardo DRS, Inc. (NASDAQ:DRS) has earned an average recommendation of “Moderate Buy” from the eight ratings firms that are presently covering the company, Marketbeat reports. Four equities research analysts have rated the stock with a hold recommendation, three have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $52.00.

A number of brokerages have issued reports on DRS. Wall Street Zen upgraded Leonardo DRS from a “hold” rating to a “buy” rating in a research note on Sunday, May 10th. Truist Financial upgraded Leonardo DRS to a “strong-buy” rating in a research note on Friday, May 1st. Canaccord Genuity Group increased their price target on Leonardo DRS from $52.00 to $54.00 and gave the stock a “buy” rating in a research note on Wednesday, May 6th. Weiss Ratings lowered Leonardo DRS from a “hold (c+)” rating to a “hold (c)” rating in a research note on Wednesday, May 20th. Finally, Morgan Stanley set a $47.00 price target on Leonardo DRS in a research note on Wednesday, February 25th.

Insider Buying and Selling at Leonardo DRS

In other Leonardo DRS news, EVP Jason Rinsky sold 3,865 shares of the stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $46.87, for a total transaction of $181,152.55. Following the completion of the transaction, the executive vice president owned 31,310 shares of the company’s stock, valued at $1,467,499.70. This represents a 10.99% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Michael Dippold sold 16,330 shares of the stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $45.27, for a total transaction of $739,259.10. Following the transaction, the chief financial officer directly owned 26,622 shares of the company’s stock, valued at $1,205,177.94. This trade represents a 38.02% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 67,771 shares of company stock worth $3,104,615. Insiders own 0.25% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Bank of Montreal Can boosted its holdings in shares of Leonardo DRS by 1.6% during the 4th quarter. Bank of Montreal Can now owns 19,513 shares of the company’s stock valued at $665,000 after purchasing an additional 309 shares during the last quarter. Sequoia Financial Advisors LLC boosted its holdings in shares of Leonardo DRS by 4.7% during the 4th quarter. Sequoia Financial Advisors LLC now owns 7,228 shares of the company’s stock valued at $246,000 after purchasing an additional 322 shares during the last quarter. Arizona State Retirement System boosted its holdings in shares of Leonardo DRS by 1.4% during the 3rd quarter. Arizona State Retirement System now owns 23,616 shares of the company’s stock valued at $1,072,000 after purchasing an additional 327 shares during the last quarter. Osaic Holdings Inc. boosted its holdings in shares of Leonardo DRS by 17.0% during the 2nd quarter. Osaic Holdings Inc. now owns 2,383 shares of the company’s stock valued at $111,000 after purchasing an additional 347 shares during the last quarter. Finally, Stephens Inc. AR lifted its holdings in shares of Leonardo DRS by 3.3% in the 4th quarter. Stephens Inc. AR now owns 12,165 shares of the company’s stock valued at $415,000 after acquiring an additional 389 shares during the last quarter. Institutional investors own 18.76% of the company’s stock.

Leonardo DRS Trading Down 1.2%

NASDAQ:DRS opened at $46.15 on Friday. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.86 and a quick ratio of 1.52. The firm has a market capitalization of $12.31 billion, a price-to-earnings ratio of 43.13, a price-to-earnings-growth ratio of 3.37 and a beta of 0.34. Leonardo DRS has a one year low of $32.43 and a one year high of $49.31. The business has a fifty day moving average price of $44.33 and a 200-day moving average price of $40.84.

Leonardo DRS (NASDAQ:DRS) last posted its quarterly earnings data on Tuesday, May 5th. The company reported $0.26 EPS for the quarter, topping the consensus estimate of $0.21 by $0.05. The firm had revenue of $846.00 million during the quarter, compared to analyst estimates of $825.05 million. Leonardo DRS had a return on equity of 12.02% and a net margin of 7.85%.Leonardo DRS’s revenue was up 5.9% on a year-over-year basis. During the same period in the prior year, the business posted $0.20 EPS. Leonardo DRS has set its FY 2026 guidance at 1.260-1.300 EPS. Sell-side analysts forecast that Leonardo DRS will post 1.3 EPS for the current year.

Leonardo DRS Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 2nd. Shareholders of record on Tuesday, May 19th were issued a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend was Tuesday, May 19th. Leonardo DRS’s dividend payout ratio is 33.64%.

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.