Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
The closing price of Rekor Systems Inc (NASDAQ: REKR) was $1.65 for the day, up 1.85% from the previous closing price of $1.62. In other words, the price has increased by $1.85 from its previous closing price. On the day, 4.33 million shares were traded. REKR stock price reached its highest trading level at $1.76 during the session, while it also had its lowest trading level at $1.63.
Ratios:
Our analysis of REKR’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.10 and its Current Ratio is at 1.40. In the meantime, Its Debt-to-Equity ratio is 0.85 whereas as Long-Term Debt/Eq ratio is at 0.77.
On February 11, 2021, Northland Capital started tracking the stock assigning a Outperform rating and target price of $24.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, REKR now has a Market Capitalization of 208451152 and an Enterprise Value of 233064688. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.59 while its Price-to-Book (P/B) ratio in mrq is 5.70. Its current Enterprise Value per Revenue stands at 5.136 whereas that against EBITDA is -7.639.
Stock Price History:
The Beta on a monthly basis for REKR is 2.02, which has changed by 0.44736838 over the last 52 weeks, in comparison to a change of 0.17904854 over the same period for the S&P500. Over the past 52 weeks, REKR has reached a high of $2.67, while it has fallen to a 52-week low of $0.62. The 50-Day Moving Average of the stock is 28.30%, while the 200-Day Moving Average is calculated to be 28.26%.
Shares Statistics:
REKR traded an average of 2.69M shares per day over the past three months and 4047020 shares per day over the past ten days. A total of 122.24M shares are outstanding, with a floating share count of 120.86M. Insiders hold about 4.33% of the company’s shares, while institutions hold 24.27% stake in the company. Shares short for REKR as of 1757894400 were 12804367 with a Short Ratio of 4.76, compared to 1755216000 on 13633577. Therefore, it implies a Short% of Shares Outstanding of 12804367 and a Short% of Float of 11.3800004.
Earnings Estimates
The performance of Rekor Systems Inc (REKR) in the stock market is under the watchful eye of 1.0 analysts actively contributing to its current rating.The consensus estimate for the next quarter is -$0.03, with high estimates of -$0.03 and low estimates of -$0.03.
Analysts are recommending an EPS of between -$0.22 and -$0.22 for the fiscal current year, implying an average EPS of -$0.22. EPS for the following year is -$0.04, with 1.0 analysts recommending between -$0.04 and -$0.04.
Revenue Estimates
It is expected that $90B in revenue will be generated in. The current quarter, according to 2 analysts. It ranges from a high estimate of $14M to a low estimate of $11.7M. As of. The current estimate, Rekor Systems Inc’s year-ago sales were $10.55MFor the next quarter, 2 analysts are estimating revenue of $14.71M. There is a high estimate of $15.81M for the next quarter, whereas the lowest estimate is $13.6M.
A total of 2 analysts have provided revenue estimates for REKR’s current fiscal year. The highest revenue estimate was $51.37M, while the lowest revenue estimate was $46.9M, resulting in an average revenue estimate of $49.14M. In the same quarter a year ago, actual revenue was $46.03MBased on 2 analysts’ estimates, the company’s revenue will be $59.23M in the next fiscal year. The high estimate is $69.27M and the low estimate is $49.2M.
