With 0.86 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.02 million shares. The 52-week range on DRS shows that it touched its highest point at $43.20 and its lowest point at $22.73 during that stretch. It currently has a 1-year price target of $41.88. With its current market cap of 11.17 billion, DRS has annualized dividend of $0.09 while the current yield stands at 0.21%. Beta for the stock currently stands at 0.63.
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 2.84%, but this was up by 15.19% over a month. Three-month performance surged to 42.91% while six-month performance rose 16.25%. The stock gained 80.26% in the past year, while it has gained 29.99% 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 15.73% for this year and 16.05% 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 $0.92842 being high and $0.88917 being low. For DRS, this leads to a yearly average estimate of $0.90893.
