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
0
Funds holding %
of 7,139 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
224% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 17
125% more call options, than puts
Call options by funds: $6.72M | Put options by funds: $2.99M
100% more funds holding in top 10
Funds holding in top 10: 1 [Q3] → 2 (+1) [Q4]
24% more repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 71
16% more capital invested
Capital invested by funds: $1.91B [Q3] → $2.21B (+$301M) [Q4]
15% more funds holding
Funds holding: 208 [Q3] → 239 (+31) [Q4]
0.24% more ownership
Funds ownership: 25.62% [Q3] → 25.85% (+0.24%) [Q4]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$33
14%
upside
Avg. target
$35
21%
upside
High target
$37
28%
upside
2 analyst ratings
1 positive
50%
1 neutral
50%
0 negative
0%
JP Morgan Seth Seifman 36% 1-year accuracy 13 / 36 met price target | 14%upside $33 | Neutral Maintained | 21 Feb 2025 |
Truist Securities Michael Ciarmoli 68% 1-year accuracy 42 / 62 met price target | 28%upside $37 | Buy Maintained | 14 Jan 2025 |
Financial journalist opinion
Based on 6 articles about DRS published over the past 30 days
Neutral
Seeking Alpha
1 day ago
Leonardo DRS, Inc. (DRS) Q4 2024 Earnings Call Transcript
Leonardo DRS, Inc. (NASDAQ:DRS ) Q4 2024 Earnings Conference Call February 20, 2025 10:00 AM ET Company Participants Steve Vather - Senior Vice President, Investor Relations and Corporate Finance Bill Lynn - Chairman and Chief Executive Officer Mike Dippold - Chief Financial Officer Conference Call Participants Robert Stallard - Vertical Research Peter Arment - RW Baird Andre Madrid - BTIG Michael Ciarmoli - Truist Securities Ronald Epstein - Bank of America Jon Tanwanteng - CJS Securities Operator Ladies and gentlemen, good day, and welcome to the Leonardo DRS Fourth Quarter Fiscal Year 2024 Earnings Conference Call. At this time all participants' are in a listen-only mode.
Positive
Zacks Investment Research
1 day ago
Compared to Estimates, Leonardo DRS, Inc. (DRS) Q4 Earnings: A Look at Key Metrics
Although the revenue and EPS for Leonardo DRS, Inc. (DRS) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Positive
Zacks Investment Research
1 day ago
Leonardo DRS, Inc. (DRS) Beats Q4 Earnings and Revenue Estimates
Leonardo DRS, Inc. (DRS) came out with quarterly earnings of $0.38 per share, beating the Zacks Consensus Estimate of $0.36 per share. This compares to earnings of $0.31 per share a year ago.
Neutral
Business Wire
2 days ago
Leonardo DRS Announces Financial Results for Fourth Quarter and Full Year 2024
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (Nasdaq: DRS), a leading provider of advanced defense technologies, today reported financial results for the fourth quarter and full year ended December 31, 2024. CEO Commentary “Our 2024 financial results exceeded our expectations. DRS delivered record bookings, mid-teens organic revenue growth, healthy adjusted EBITDA margin expansion and solid free cash flow generation. The DRS team's focus on our customers and helping address their most ch.
Neutral
Business Wire
1 week ago
Leonardo DRS Awarded Contract to Integrate Critical C4I Capabilities into New Royal Thailand Army Stryker Vehicles
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it was awarded a contract to provide and integrate the latest Battle Management Systems (BMS) C4I hardware and software into new Royal Thailand Army combat vehicles. The total value of the award is more than $7 million. The contract was awarded by the U.S. Army through the U.S. Government Grant Assistance program. Under the contract Leonardo DRS will provide its ruggedized C4I Battle Management System (BMS) h.
Positive
Zacks Investment Research
4 weeks ago
Is Leonardo DRS, Inc. (DRS) Outperforming Other Aerospace Stocks This Year?
Here is how Leonardo DRS, Inc. (DRS) and Embraer (ERJ) have performed compared to their sector so far this year.
Neutral
Business Wire
1 month ago
Leonardo DRS Awarded $99 Million Contract to Modernize U.S. Army's Mortar Fire Control System
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (NASDAQ: DRS) announced today it has been awarded a contract to provide the U.S. Army with next-generation Mortar Fire Control Systems (MFCS). The firm fixed-price IDIQ contract is worth more than $99 million. Under the contract, Leonardo DRS is responsible for the production and delivery of fire control systems and fielding services to support mortar Weapons and Fire Control programs. The MFCS modernizes the U.S. Army's current mortar fire co.
Neutral
Business Wire
1 month ago
Leonardo DRS Schedules Fourth Quarter 2024 and Full Year 2024 Earnings Conference Call for February 20, 2025
ARLINGTON, Va.--(BUSINESS WIRE)--Leonardo DRS, Inc. (Nasdaq: DRS) has scheduled a conference call for Thursday, February 20, 2025 beginning at 10:00 a.m. (ET) to discuss its fourth quarter 2024 and full year 2024 results. The company plans to issue its quarterly earnings press release prior to the conference call. The live audio broadcast of Leonardo DRS's conference call with corresponding press release and supplemental information will be available on the company's investor relations website.
Negative
Zacks Investment Research
1 month ago
Are Aerospace Stocks Lagging Leonardo DRS, Inc. (DRS) This Year?
Here is how Leonardo DRS, Inc. (DRS) and Kratos (KTOS) have performed compared to their sector so far this year.
Neutral
Zacks Investment Research
1 month ago
Here's Why You Must Add DRS Stock to Your Portfolio Right Now
DRS is a good stock to invest in the aerospace-defense equipment industry, given its long-run growth prospects, strong debt position and rising backlog.
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