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

Leonardo DRS (NASDAQ:DRS) issued an update on its FY 2025 earnings guidance on Thursday morning. 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.

Leonardo DRS Price Performance

Shares of NASDAQ:DRS traded up $1.15 during midday trading on Thursday, reaching $30.69. 592,704 shares of the company were exchanged, compared to its average volume of 612,574. The company has a current ratio of 2.11, a quick ratio of 1.70 and a debt-to-equity ratio of 0.14. The business’s fifty day moving average is $33.73 and its two-hundred day moving average is $31.49. Leonardo DRS has a one year low of $19.88 and a one year high of $37.99. The stock has a market cap of $8.11 billion, a PE ratio of 41.44, a price-to-earnings-growth ratio of 1.30 and a beta of 1.01.

Leonardo DRS (NASDAQ:DRS) last issued its earnings results on Thursday, February 20th. The company reported $0.38 earnings per share for the quarter, topping analysts’ consensus estimates 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, analysts predict that Leonardo DRS will post 0.92 earnings per share for the current year.

Leonardo DRS Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th will be given a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a yield of 1.17%.

Wall Street Analyst Weigh In

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

Insider Buying and Selling

In related news, COO John Baylouny sold 3,529 shares of the firm’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 transaction, the chief operating officer now owns 78,334 shares of the company’s stock, valued at $2,498,854.60. This trade represents a 4.31 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Eric Salzman sold 3,477 shares of the firm’s stock in a transaction dated Tuesday, February 11th. The stock was 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 in the company, valued at $458,732.58. This represents a 20.77 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 150,089 shares of company stock valued at $5,178,619 in the last 90 days. Company insiders own 0.12% of the company’s stock.

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.