Leonardo DRS
About: Leonardo DRS Inc is a provider of defense products and technologies that are used across land, air, sea, space and cyber domains. The company is in the design, development and manufacture of Advanced sensing, network computing, force protection and electric power and propulsion technologies and solutions. The company has two segments: Advanced Sensing and Computing, which generates the majority of revenue and Integrated Mission Systems segment. The Advanced Sensing and Computing segment is engaged in designs, develops and manufactures sensing and network computing technology that enables real-time situational awareness required for enhanced operational decision making and execution by the customers.
Employees: 6,600
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
400% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 10
22% more funds holding
Funds holding: 169 [Q2] → 207 (+38) [Q3]
15% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 60
7% more capital invested
Capital invested by funds: $1.79B [Q2] → $1.91B (+$118M) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]
1.04% less ownership
Funds ownership: 26.65% [Q2] → 25.62% (-1.04%) [Q3]
54% less call options, than puts
Call options by funds: $3.84M | Put options by funds: $8.43M
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Truist Securities Michael Ciarmoli 78% 1-year accuracy 47 / 60 met price target | 4%upside $37 | Buy Maintained | 14 Jan 2025 |
JP Morgan Seth Seifman 52% 1-year accuracy 16 / 31 met price target | 10%downside $32 | Neutral Maintained | 4 Nov 2024 |
Baird Peter Arment 67% 1-year accuracy 18 / 27 met price target | 12%upside $40 | Outperform Maintained | 31 Oct 2024 |
Financial journalist opinion
Based on 4 articles about DRS published over the past 30 days
