With 1.35 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.98 million shares. The 52-week range on DRS shows that it touched its highest point at $42.62 and its lowest point at $21.35 during that stretch. It currently has a 1-year price target of $41.88. With its current market cap of 11.03 billion, DRS has annualized dividend of $0.09 while the current yield stands at 0.22%. Beta for the stock currently stands at 0.61.
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 11.55%, but this was up by 37.45% over a month. Three-month performance surged to 18.00% while six-month performance rose 37.81%. The stock gained 97.43% in the past year, while it has gained 28.26% so far this year. A look at the trailing 12-month EPS for DRS yields 0.87 with Next year EPS estimates of 1.25. For the next quarter, that number is 0.22. This implies an EPS growth rate of 15.60% for this year and 16.19% for next year. EPS is expected to grow by 13.87% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 9.00%.
Float and Shares Shorts:
At present, 265.85 million DRS shares are outstanding with a float of 74.23 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 $0.93065 being high and $0.88917 being low. For DRS, this leads to a yearly average estimate of $0.90893.
