With 0.79 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.68 million shares. The 52-week range on DRS shows that it touched its highest point at $37.99 and its lowest point at $19.88 during that stretch. It currently has a 1-year price target of $37.50. Beta for the stock currently stands at 0.98.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of DRS was up-trending over the past week, with a rise of 2.35%, but this was down by -14.92% over a month. Three-month performance dropped to -13.85% while six-month performance rose 6.87%. The stock gained 33.51% in the past year, while it has lost -7.03% so far this year. A look at the trailing 12-month EPS for DRS yields 0.79 with Next year EPS estimates of 1.24. For the next quarter, that number is 0.17. This implies an EPS growth rate of 15.13% for this year and 15.55% for next year. EPS is expected to grow by 13.71% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 9.12%.
Float and Shares Shorts:
At present, 265.06 million DRS shares are outstanding with a float of 74.10 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for DRS since 2 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.92755 being high and $0.88917 being low. For DRS, this leads to a yearly average estimate of $0.90893. Based on analyst estimates, the high estimate for the next quarter is $0.23 and the low estimate is $0.2. The average estimate for the next quarter is thus $0.21.
Summary of Insider Activity:
Insiders traded DRS stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has remained unchanged to 0 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 0 while 0 shares were sold.
