A share price of Leonardo DRS Inc. [DRS] is currently trading at $27.79, down -0.18%. An important factor to consider is whether the stock is rising or falling in short-term value. The DRS shares have gain 4.36% over the last week, with a monthly amount glided 6.43%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Leonardo DRS Inc. [NASDAQ: DRS] stock has seen the most recent analyst activity on June 26, 2024, when BTIG Research initiated its Buy rating and assigned the stock a price target of $30. Previously, Morgan Stanley started tracking the stock with Equal-Weight rating on May 24, 2024, and set its price target to $26. On February 26, 2024, JP Morgan initiated with a Neutral rating and assigned a price target of $23 on the stock. BofA Securities started tracking the stock assigning a Buy rating and suggested a price target of $20 on September 27, 2023. Truist initiated its recommendation with a Buy and recommended $19 as its price target on June 09, 2023. CJS Securities started tracking with a Market Outperform rating for this stock on April 04, 2023, and assigned it a price target of $17. In a note dated February 10, 2023, Canaccord Genuity initiated an Buy rating and provided a target price of $17 on this stock.
Leonardo DRS Inc. experienced fluctuations in its stock price throughout the past year between $15.75 and $28.70. Currently, Wall Street analysts expect the stock to reach $28 within the next 12 months. Leonardo DRS Inc. [NASDAQ: DRS] shares were valued at $27.79 at the most recent close of the market. An investor can expect a potential return of 0.76% based on the average DRS price forecast.
Analyzing the DRS fundamentals
Trailing Twelve Months sales for Leonardo DRS Inc. [NASDAQ:DRS] were 2.94B which represents 20.91% growth. Gross Profit Margin for this corporation currently stands at 0.22% with Operating Profit Margin at 0.09%, Pretax Profit Margin comes in at 0.07%, and Net Profit Margin reading is 0.06%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.08 and Total Capital is 0.09. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.17.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 27.56 points at the first support level, and at 27.34 for the second support level. However, for the 1st resistance point, the stock is sitting at 28.02, and for the 2nd resistance point, it is at 28.26.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Leonardo DRS Inc. [NASDAQ:DRS] is 1.96. On the other hand, the Quick Ratio is 1.59, and the Cash Ratio is 0.18. Considering the valuation of this stock, the price to sales ratio is 2.48, the price to book ratio is 3.10 and price to earnings (TTM) ratio is 39.84.
Transactions by insiders
Recent insider trading involved Leonardo S.p.a, 10% Owner, that happened on Nov 21 ’23 when 20.7 million shares were sold.
