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

Leonardo DRS (NASDAQ:DRS) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share guidance of 1.020-1.080 for the period, compared to the consensus earnings per share 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.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on DRS shares. Truist Financial raised their price objective on shares of Leonardo DRS from $36.00 to $37.00 and gave the stock a “buy” rating in a report on Tuesday, January 14th. JPMorgan Chase & Co. lifted their price target on shares of Leonardo DRS from $29.00 to $32.00 and gave the stock a “neutral” rating in a research note on Monday, November 4th. Finally, Robert W. Baird boosted their price objective 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. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $33.00.

Leonardo DRS Trading Up 0.5 %

Leonardo DRS stock opened at $29.54 on Thursday. The company has a current ratio of 2.11, a quick ratio of 1.70 and a debt-to-equity ratio of 0.14. Leonardo DRS has a 12-month low of $19.88 and a 12-month high of $37.99. The firm has a market capitalization of $7.81 billion, a price-to-earnings ratio of 39.92, a P/E/G ratio of 1.30 and a beta of 1.01. The firm has a 50 day moving average of $33.73 and a 200 day moving average of $31.49.

Leonardo DRS (NASDAQ:DRS) last announced its quarterly earnings data on Thursday, February 20th. The company reported $0.38 EPS for the quarter, beating the consensus estimate of $0.36 by $0.02. Leonardo DRS had a net margin of 6.23% and a return on equity of 9.71%. As a group, research analysts predict that Leonardo DRS will post 0.92 earnings per share for the current year.

Insiders Place Their Bets

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

About Leonardo DRS

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.