DRS stock icon

Leonardo DRS
DRS

$27.93
2.82%

Market Cap: 7.35B

 

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 6,702 funds
0
Analysts bullish %
of 9 analysts
0
News positive %
of 8 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

200% more funds holding in top 10

Funds holding in top 10: 1 [Q4 2023] → 3 (+2) [Q1 2024]

64% more first-time investments, than exits

New positions opened: 36 | Existing positions closed: 22

42% more call options, than puts

Call options by funds: $14.8M | Put options by funds: $10.5M

20% more repeat investments, than reductions

Existing positions increased: 60 | Existing positions reduced: 50

9% more funds holding

Funds holding: 157 [Q4 2023] → 171 (+14) [Q1 2024]

4% more capital invested

Capital invested by funds: $1.43B [Q4 2023] → $1.49B (+$52.3M) [Q1 2024]

1.67% less ownership

Funds ownership: 27.27% [Q4 2023] → 25.6% (-1.67%) [Q1 2024]

Research analyst outlook

9 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$23
18%
downside
Avg. target
$26
6%
downside
High target
$30
7%
upside

9 analyst ratings

positive
56%
neutral
44%
negative
0%
Truist Securities
Michael Ciarmoli
7%upside
$30
Buy
Maintained
17 Jul 2024
BTIG
Andre Madrid
7%upside
$30
Buy
Initiated
26 Jun 2024
Truist Securities
Michael Ciarmoli
3%downside
$27
Buy
Maintained
5 Jun 2024
Morgan Stanley
Kristine Liwag
7%downside
$26
Equal-Weight
Initiated
24 May 2024
B of A Securities
Ronald Epstein
7%downside
$26
Buy
Maintained
15 Mar 2024

Financial journalist opinion

Based on 8 articles about DRS published over the past 30 days