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

Shares of Leonardo DRS, Inc. (NASDAQ:DRS) have been given a consensus recommendation of “Moderate Buy” by the six research firms that are currently covering the company, MarketBeat Ratings reports. Three analysts have rated the stock with a hold recommendation, two have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price target among brokerages that have covered the stock in the last year is $53.75.

Several research analysts have commented on DRS shares. Truist Financial upgraded shares of Leonardo DRS to a “strong-buy” rating in a research report on Friday, May 1st. Weiss Ratings raised Leonardo DRS from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday. Wall Street Zen upgraded Leonardo DRS from a “hold” rating to a “buy” rating in a research note on Sunday, May 10th. Finally, Canaccord Genuity Group boosted their price target on Leonardo DRS from $52.00 to $54.00 and gave the stock a “buy” rating in a report on Wednesday, May 6th.

Leonardo DRS Price Performance

Shares of NASDAQ DRS opened at $48.10 on Friday. The business has a fifty day moving average price of $45.35 and a two-hundred day moving average price of $43.60. The stock has a market capitalization of $12.83 billion, a PE ratio of 44.95, a P/E/G ratio of 3.47 and a beta of 0.36. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.86 and a quick ratio of 1.52. Leonardo DRS has a fifty-two week low of $32.43 and a fifty-two week high of $50.59.

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

Leonardo DRS Announces Dividend

The firm also recently announced 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 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend was Tuesday, May 19th. Leonardo DRS’s payout ratio is presently 33.64%.

Insider Transactions at Leonardo DRS

In other Leonardo DRS news, EVP Jason Rinsky sold 3,865 shares of the company’s stock in a transaction on Tuesday, July 7th. The shares were sold at an average price of $45.37, for a total transaction of $175,355.05. Following the sale, the executive vice president owned 27,445 shares of the company’s stock, valued at approximately $1,245,179.65. This represents a 12.34% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Sally Wallace sold 1,300 shares of the company’s stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $50.00, for a total value of $65,000.00. Following the sale, the executive vice president owned 57,053 shares in the company, valued at approximately $2,852,650. The trade was a 2.23% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 65,364 shares of company stock worth $2,994,785. 0.25% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Leonardo DRS

A number of institutional investors and hedge funds have recently modified their holdings of the business. Tema ETFs LLC grew its position in shares of Leonardo DRS by 140.0% during the 2nd quarter. Tema ETFs LLC now owns 1,776 shares of the company’s stock worth $76,000 after buying an additional 1,036 shares during the period. GAMMA Investing LLC increased its stake in shares of Leonardo DRS by 49.8% in the 2nd quarter. GAMMA Investing LLC now owns 1,904 shares of the company’s stock valued at $81,000 after acquiring an additional 633 shares in the last quarter. Militia Capital Management LLC acquired a new position in shares of Leonardo DRS during the 1st quarter valued at $2,328,000. Parallel Advisors LLC boosted its stake in Leonardo DRS by 1,701.4% during the first quarter. Parallel Advisors LLC now owns 1,261 shares of the company’s stock worth $56,000 after acquiring an additional 1,191 shares in the last quarter. Finally, Ruggaard & Associates LLC bought a new position in Leonardo DRS during the first quarter worth $211,000. 18.76% of the stock is currently owned by institutional investors.

About Leonardo DRS

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.