At the time of writing, Leonardo DRS Inc [DRS] stock is trading at $29.90, up 1.98%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The DRS shares have gain 1.22% over the last week, with a monthly amount drifted -14.91%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Leonardo DRS Inc [NASDAQ: DRS] stock has seen the most recent analyst activity on September 24, 2024, when BofA Securities downgraded its rating to a Neutral and also boosted its price target to $30 from $26. Previously, BTIG Research started tracking the stock with Buy rating on June 26, 2024, and set its price target to $30. On May 24, 2024, Morgan Stanley initiated with a Equal-Weight rating and assigned a price target of $26 on the stock. JP Morgan started tracking the stock assigning a Neutral rating and suggested a price target of $23 on February 26, 2024. BofA Securities initiated its recommendation with a Buy and recommended $20 as its price target on September 27, 2023. Truist started tracking with a Buy rating for this stock on June 09, 2023, and assigned it a price target of $19. In a note dated April 04, 2023, CJS Securities initiated an Market Outperform rating and provided a target price of $17 on this stock.
For the past year, the stock price of Leonardo DRS Inc fluctuated between $19.88 and $37.99. Currently, Wall Street analysts expect the stock to reach $33.5 within the next 12 months. Leonardo DRS Inc [NASDAQ: DRS] shares were valued at $29.90 at the most recent close of the market. An investor can expect a potential return of 12.04% based on the average DRS price forecast.
Analyzing the DRS fundamentals
According to Leonardo DRS Inc [NASDAQ:DRS], the company’s sales were 3.23B for trailing twelve months, which represents an 5.94% jump. Gross Profit Margin for this corporation currently stands at 0.22% with Operating Profit Margin at 0.09%, Pretax Profit Margin comes in at 0.08%, and Net Profit Margin reading is 0.07%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.09 and Total Capital is 0.1. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.14.
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 29.31 points at the first support level, and at 28.72 for the second support level. However, for the 1st resistance point, the stock is sitting at 30.56, and for the 2nd resistance point, it is at 31.22.
Ratios To Look Out For
It is important to note that Leonardo DRS Inc [NASDAQ:DRS] has a current ratio of 1.94. Further, the Quick Ratio stands at 1.62, while the Cash Ratio is 0.54. Considering the valuation of this stock, the price to sales ratio is 2.44, the price to book ratio is 3.10 and price to earnings (TTM) ratio is 37.66.
Transactions by insiders
Recent insider trading involved SALZMAN ERIC, Director, that happened on Feb 12 ’25 when 3477.0 shares were sold. Director, SALZMAN ERIC completed a deal on Feb 11 ’25 to sell 3477.0 shares. Meanwhile, Director SALZMAN ERIC bought 3477.0 shares on Feb 12 ’25.
