Leonardo DRS Inc. (NASDAQ: DRS) has experienced a rise in its stock price by 3.72 compared to its previous closing price of 18.56. However, the company has seen a fall of -4.47% in its stock price over the last five trading days. InvestorPlace reported 2023-11-14 that There is an ocean of stocks in the U.S. with hundreds of names representing quality companies. For perspective, the New York Stock Exchange lists more than 2,500 stocks and the NASDAQ lists more than 3,300.

Is It Worth Investing in Leonardo DRS Inc. (NASDAQ: DRS) Right Now?

Leonardo DRS Inc. (NASDAQ: DRS) has a price-to-earnings ratio that is above its average at 30.10x. and a 36-month beta value of 0.85. Opinions on the stock are mixed, with 4 analysts rating it as a “buy,” 1 as “overweight,” 0 as “hold,” and 0 as “sell.”

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The average price predicted for Leonardo DRS Inc. (DRS) by analysts is $21.80, which is $2.55 above the current market price. The public float for DRS is 50.00M, and at present, short sellers hold a 10.27% of that float. On November 21, 2023, the average trading volume of DRS was 846.25K shares.

DRS’s Market Performance

DRS’s stock has seen a -4.47% decrease for the week, with a 2.07% rise in the past month and a 15.75% gain in the past quarter. The volatility ratio for the week is 4.52%, and the volatility levels for the past 30 days are at 3.36% for Leonardo DRS Inc.. The simple moving average for the past 20 days is -1.17% for DRS’s stock, with a 20.40% simple moving average for the past 200 days.

Analysts’ Opinion of DRS

Many brokerage firms have already submitted their reports for DRS stocks, with BofA Securities repeating the rating for DRS by listing it as a “Buy.” The predicted price for DRS in the upcoming period, according to BofA Securities is $20 based on the research report published on September 27, 2023 of the current year 2023.

DRS Trading at 5.85% from the 50-Day Moving Average

After a stumble in the market that brought DRS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -8.11% of loss for the given period.

Volatility was left at 3.36%, however, over the last 30 days, the volatility rate increased by 4.52%, as shares surge +1.10% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +11.40% upper at present.

During the last 5 trading sessions, DRS fell by -4.47%, which changed the moving average for the period of 200-days by +44.63% in comparison to the 20-day moving average, which settled at $19.49. In addition, Leonardo DRS Inc. saw 50.63% in overturn over a single year, with a tendency to cut further gains.

Stock Fundamentals for DRS

Current profitability levels for the company are sitting at:

The net margin for Leonardo DRS Inc. stands at +15.04. The total capital return value is set at 10.77, while invested capital returns managed to touch 17.69. Equity return is now at value 8.41, with 4.75 for asset returns.

Based on Leonardo DRS Inc. (DRS), the company’s capital structure generated 22.90 points at debt to equity in total, while total debt to capital is 18.63. Total debt to assets is 12.81, with long-term debt to equity ratio resting at 20.36. Finally, the long-term debt to capital ratio is 16.56.

When we switch over and look at the enterprise to sales, we see a ratio of 1.85, with the company’s debt to enterprise value settled at 0.17. The receivables turnover for the company is 2.78 and the total asset turnover is 0.78. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.64.

Conclusion

To sum up, Leonardo DRS Inc. (DRS) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.