Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
In the latest session, Rekor Systems Inc (NASDAQ: REKR) closed at $2.53 up 3.27% from its previous closing price of $2.45. In other words, the price has increased by $3.27 from its previous closing price. On the day, 2.91 million shares were traded. REKR stock price reached its highest trading level at $2.5552 during the session, while it also had its lowest trading level at $2.4.
Ratios:
For a deeper understanding of Rekor Systems Inc’s stock, let’s take a closer look at its various ratios. 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 319625088 and an Enterprise Value of 343974368. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.04 while its Price-to-Book (P/B) ratio in mrq is 8.74. Its current Enterprise Value per Revenue stands at 7.58 whereas that against EBITDA is -11.274.
Stock Price History:
The Beta on a monthly basis for REKR is 2.05, which has changed by 1.3425925 over the last 52 weeks, in comparison to a change of 0.19736934 over the same period for the S&P500. Over the past 52 weeks, REKR has reached a high of $3.42, while it has fallen to a 52-week low of $0.62. The 50-Day Moving Average of the stock is 37.07%, while the 200-Day Moving Average is calculated to be 80.92%.
Shares Statistics:
For the past three months, REKR has traded an average of 5.13M shares per day and 7057790 over the past ten days. A total of 122.24M shares are outstanding, with a floating share count of 120.92M. Insiders hold about 4.29% of the company’s shares, while institutions hold 24.13% stake in the company. Shares short for REKR as of 1760486400 were 10732770 with a Short Ratio of 2.09, compared to 1757894400 on 12804367. Therefore, it implies a Short% of Shares Outstanding of 10732770 and a Short% of Float of 9.54.
Earnings Estimates
Rekor Systems Inc (REKR) is currently under the scrutiny of 1.0 analysts, each contributing to the ongoing evaluation of its stock.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
A total of 2 analysts believe the company’s revenue will be $12.85M this quarter.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.
