How to Buy Leonardo Drs Stock
Leonardo Drs Inc
Leonardo DRS, Inc. , together with its subsidiaries, provides defense products and technologies in the land, air, sea, space, cyber and security, and commercial domains for military applications.
Leonardo Drs stock last closed at $21.31, up 1.72% from the previous day, and has increased 41.59% in one year. It has overperformed other stocks in the Aerospace & Defense industry by 0.35 percentage points. Leonardo Drs stock is currently +50.92% from its 52-week low of $14.12, and -11.21% from its 52-week high of $24.00.
As of Apr 23, 2024, there are 262.63M DRS shares outstanding. The market value of DRS is $5.60B. In the past 24 hours, 317,724 DRS shares were traded.
How to Buy Leonardo Drs Stock
Not sure how to invest in Leonardo Drs stock? Here's how.
- Decide where to buy Leonardo Drs stock: You need to pick an online brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you decide where to buy Leonardo Drs stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Fund your investment account: Choose your payment method and add your details.
- Evaluate Leonardo Drs stock: The Leonardo Drs ticker symbol is DRS. Is Leonardo Drs stock a good investment? Should you buy shares of DRS? How do DRS's underlying business fundamentals look? Do top analysts think Leonardo Drs is a good buy? Why has DRS's stock price moved recently? (Hint: Our stock market analysis website can help you evaluate if DRS is a good stock to buy).
- Execute your DRS purchase: Decide if you will purchase DRS shares at the current market price or use a limit order to buy DRS stock at a specific price.
- Get updates on your DRS position: Create a watchlist to important updates regarding your investment in Leonardo Drs stock.
Step 1: Decide where to buy Leonardo Drs stock
You will need a brokerage account in order to access the NASDAQ market and buy DRS shares.
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Open eToro AccountStep 2: Create a brokerage account
Now that you've picked the right brokerage, the next step is to fill out some personal info so you can buy DRS today.
How to Open a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal info to start a new brokerage account.
- Submit your info by pressing the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you have finished signing up on one of the best stock apps, you can securely and quickly fund your account:
Watch the tutorial below if you need help transferring money into your new investment account.
Step 4: Evaluate Leonardo Drs stock
Once you have identified the best place to buy Leonardo Drs stock, it's important to evaluate their stock before you invest, so you can understand the risk as well as the opportunity.
Overview of key DRS info
DRS Zen Score
WallStreetZen was designed to help part-time investors do better fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on DRS's stock page.
Is DRS stock undervalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge DRS's fair value.
Using relative valuations metrics:
- DRS may be overvalued based on its P/E ratio of 33.3x, relative to Aerospace & Defense industry P/E ratio of 23.98x
- DRS could be undervalued based on its P/B ratio of 2.41x, relative to Aerospace & Defense industry P/B ratio of 5.37x
- DRS could be overvalued based on its PEG ratio of 8.57x
You can access more valuation research on DRS's stock here.
DRS Financials at a glance
Signs that DRS is financially healthy:
- DRS's operating cash flow of $205.00M allows it to safely service it's debt of $406.00M.
- There are more short-term assets than long-term liabilities on the DRS balance sheet.
- There are more short-term assets than short-term liabilities on the DRS balance sheet.
- DRS earnings of $228.00M is not enough to cover its interest payments.
Signs that DRS is not financially healthy:
- DRS profit margin has gone down from 15% to 5.9% in the past year.
- DRS has a relatively high debt to equity ratio of 0.69.
Do analysts think it's a good time to buy Leonardo Drs stock
Out of 3 Wall Street analysts who give forecasts on DRS, the consensus analyst rating on Leonardo Drs is a Strong Buy
It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.
You can dive deeper into what analysts are forecasting on the Leonardo Drs stock forecast page.
DRS Trading Indicators
Is DRS Growing Revenue?
Last year, DRS earnings were $168.00M. During the last four year, DRS's earnings have gone up by 5.33% per year. This was faster than the Aerospace & Defense industry average of -0.03%.
Last year, DRS revenue was $2.83B. Over the last 5 year, DRS's revenue has gone up by 3.91% per year. This was slower than the Aerospace & Defense industry average of 7.48%.
Learn more about DRS's earnings and revenue performance here.
What are DRS executives and large shareholders up to?
Over the last 12 months, executives and large shareholders at DRS have sold more shares than they have bought.
Pamela Morrow, SVP and Controller of DRS, was the latest DRS insider to sell. They sold $19,824.00 worth of DRS stock on Apr 4, 2024.
Research more about who owns DRS stock here.
Can I get consistent income from DRS stock?
No, Leonardo Drs doesn't provide an income stream by paying out dividends.
Get opinions from other investors
One of the reasons eToro is our top-rated brokerage is because of its social trading community.
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Step 5: Execute your DRS purchase
You have two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are usually the easiest way to buy. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a given dollar amount limit, use a limit order.
Press the Open Trade button and eToro will execute the order.
If you need additional info about investing in stocks on eToro, click the helpful video below:
Step 6: Get updates on your DRS position
Now that you own some DRS shares, you'll want to stay up-to-date on your new investment.
Start a watchlist to keep tabs on your DRS stock.
DRS Feed
How to Buy Stock in Leonardo Drs
To reiterate, here are the 6 steps to buy stock in Leonardo Drs:
- Decide where to buy Leonardo Drs stock
- Create a brokerage account
- Fund your investment account
- Evaluate Leonardo Drs stock
- Execute your DRS purchase
- Get updates on your DRS position
If you require a brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you want to monitor your new investment in Leonardo Drs, create your watchlist below.
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