Leonardo DRS (NASDAQ:DRS) Issues FY 2025 Earnings Guidance

Leonardo DRS (NASDAQ:DRS) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of 1.020-1.080 for the period, compared to the consensus EPS estimate of 1.060. The company issued revenue guidance of $3.4 billion-$3.5 billion, compared to the consensus revenue estimate of $3.4 billion.

Leonardo DRS Stock Performance

Shares of DRS opened at $29.54 on Thursday. Leonardo DRS has a one year low of $19.88 and a one year high of $37.99. The company has a 50-day simple moving average of $33.73 and a two-hundred day simple moving average of $31.49. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.11 and a quick ratio of 1.70. The firm has a market capitalization of $7.81 billion, a PE ratio of 39.92, a price-to-earnings-growth ratio of 1.30 and a beta of 1.01.

Leonardo DRS (NASDAQ:DRS) last released its earnings results on Thursday, February 20th. The company reported $0.38 EPS for the quarter, beating analysts’ consensus estimates of $0.36 by $0.02. Leonardo DRS had a return on equity of 9.71% and a net margin of 6.23%. On average, analysts anticipate that Leonardo DRS will post 0.92 EPS for the current fiscal year.

Analyst Ratings Changes

Several brokerages recently issued reports on DRS. Robert W. Baird lifted their price target on shares of Leonardo DRS from $30.00 to $40.00 and gave the company an “outperform” rating in a research report on Thursday, October 31st. Truist Financial raised their target price on shares of Leonardo DRS from $36.00 to $37.00 and gave the company a “buy” rating in a research note on Tuesday, January 14th. Finally, JPMorgan Chase & Co. boosted their price target on Leonardo DRS from $29.00 to $32.00 and gave the stock a “neutral” rating in a research report on Monday, November 4th. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat, Leonardo DRS has an average rating of “Moderate Buy” and a consensus price target of $33.00.

Insider Transactions at Leonardo DRS

In other news, COO John Baylouny sold 3,529 shares of the company’s stock in a transaction on Wednesday, January 8th. The stock was sold at an average price of $31.90, for a total transaction of $112,575.10. Following the transaction, the chief operating officer now directly owns 78,334 shares of the company’s stock, valued at $2,498,854.60. This represents a 4.31 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Eric Salzman sold 3,477 shares of Leonardo DRS stock in a transaction dated Tuesday, February 11th. The stock was sold at an average price of $34.59, for a total value of $120,269.43. Following the completion of the sale, the director now owns 13,262 shares of the company’s stock, valued at $458,732.58. The trade was a 20.77 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 150,089 shares of company stock worth $5,178,619. Corporate insiders own 0.12% of the company’s stock.

Leonardo DRS Company Profile

Leonardo DRS, Inc, together with its subsidiaries, provides defense electronic products and systems, and military support services. It operates through Advanced Sensing and Computing (ASC) segment, and Integrated Mission Systems (IMS) segments. The ASC segment designs, develops, and manufacture sensing and network computing technology that enables real-time situational awareness required for enhanced operational decision making and execution; and offers sensing capabilities span applications, such as missions requiring advanced detection, precision targeting and surveillance sensing, long range electro-optic/infrared, signals intelligence, and other intelligence systems including electronic warfare, ground vehicle sensing, active electronically scanned array tactical radars, dismounted soldier, and space sensing.