Leonardo DRS Inc. (NASDAQ: DRS) kicked off on Friday, down -0.45% from the previous trading day, before settling in for the closing price of $28.85. Over the past 52 weeks, DRS has traded in a range of $17.97-$30.98.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
A company in the Industrials sector has jumped its sales by 4.16% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 17.83%. With a float of $73.61 million, this company’s outstanding shares have now reached $262.53 million.
In an organization with 6600 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 22.05%, operating margin of 8.73%, and the pretax margin is 7.39%.
Leonardo DRS Inc. (DRS) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Aerospace & Defense Industry. The insider ownership of Leonardo DRS Inc. is 72.09%, while institutional ownership is 26.62%. The most recent insider transaction that took place on Nov 21 ’23, was worth 353,187,540. In this transaction 10% Owner of this company sold 20,700,000 shares at a rate of $17.06, taking the stock ownership to the 189,745,073 shares.
Leonardo DRS Inc. (DRS) Performance Highlights and Predictions
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 0.2 earnings per share (EPS), higher than consensus estimate (set at 0.16) by 0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.35 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 17.83% per share during the next fiscal year.
Leonardo DRS Inc. (NASDAQ: DRS) Trading Performance Indicators
Take a look at Leonardo DRS Inc.’s (DRS) current performance indicators. Last quarter, stock had a quick ratio of 1.60. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.47. Likewise, its price to free cash flow for the trailing twelve months is 31.17.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.71, a number that is poised to hit 0.19 in the next quarter and is forecasted to reach 1.02 in one year’s time.
Technical Analysis of Leonardo DRS Inc. (DRS)
Let’s dig in a bit further. During the last 5-days, its volume was 0.6 million. That was inferior than the volume of 0.62 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 32.10%. Additionally, its Average True Range was 0.85.
During the past 100 days, Leonardo DRS Inc.’s (DRS) raw stochastic average was set at 72.61%, which indicates a significant increase from 29.59% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 40.48% in the past 14 days, which was higher than the 31.16% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $28.20, while its 200-day Moving Average is $24.20. However, in the short run, Leonardo DRS Inc.’s stock first resistance to watch stands at $28.95. Second resistance stands at $29.17. The third major resistance level sits at $29.40. If the price goes on to break the first support level at $28.49, it is likely to go to the next support level at $28.26. Assuming the price breaks the second support level, the third support level stands at $28.04.
Leonardo DRS Inc. (NASDAQ: DRS) Key Stats
The company with the Market Capitalisation of 7.57 billion has total of 263,142K Shares Outstanding. Its annual sales at the moment are 2,826 M in contrast with the sum of 168,000 K annual income. Company’s last quarter sales were recorded 753,000 K and last quarter income was 38,000 K.
