In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
As of close of business last night, Rekor Systems Inc’s stock clocked out at $1.11, up 0.91% from its previous closing price of $1.1. In other words, the price has increased by $0.91 from its previous closing price. On the day, 2.27 million shares were traded. REKR stock price reached its highest trading level at $1.16 during the session, while it also had its lowest trading level at $1.095.
Ratios:
To gain a deeper understanding of REKR’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.93 and its Current Ratio is at 1.18. In the meantime, Its Debt-to-Equity ratio is 0.92 whereas as Long-Term Debt/Eq ratio is at 0.83.
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 131064360 and an Enterprise Value of 157515936. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.88 while its Price-to-Book (P/B) ratio in mrq is 3.69. Its current Enterprise Value per Revenue stands at 3.466 whereas that against EBITDA is -4.912.
Stock Price History:
The Beta on a monthly basis for REKR is 2.03, which has changed by -0.2815534 over the last 52 weeks, in comparison to a change of 0.20799685 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 -10.43%, while the 200-Day Moving Average is calculated to be -9.26%.
Shares Statistics:
It appears that REKR traded 4.47M shares on average per day over the past three months and 2665570 shares per day over the past ten days. A total of 118.08M shares are outstanding, with a floating share count of 112.08M. Insiders hold about 5.08% of the company’s shares, while institutions hold 29.85% stake in the company. Shares short for REKR as of 1752537600 were 12922868 with a Short Ratio of 2.89, compared to 1749772800 on 15387451. Therefore, it implies a Short% of Shares Outstanding of 12922868 and a Short% of Float of 12.3900004.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
Investors are keenly observing as 1.0 analysts analyze and rate the current performance of Rekor Systems Inc (REKR) in the stock market.The consensus estimate for the next quarter is -$0.04, with high estimates of -$0.04 and low estimates of -$0.04.
Analysts are recommending an EPS of between -$0.21 and -$0.21 for the fiscal current year, implying an average EPS of -$0.21. EPS for the following year is -$0.05, with 1.0 analysts recommending between -$0.05 and -$0.05.
Revenue Estimates
In the current quarter, 2 analysts expect revenue to total $12.36M. It ranges from a high estimate of $12.6M to a low estimate of $12.12M. As of the current estimate, Rekor Systems Inc’s year-ago sales were $12.43MFor the next quarter, 2 analysts are estimating revenue of $12.59M. There is a high estimate of $14.18M for the next quarter, whereas the lowest estimate is $11M.
A total of 2 analysts have provided revenue estimates for REKR’s current fiscal year. The highest revenue estimate was $51.49M, while the lowest revenue estimate was $46.6M, resulting in an average revenue estimate of $49.04M. In the same quarter a year ago, actual revenue was $46.03MBased on 2 analysts’ estimates, the company’s revenue will be $59.55M in the next fiscal year. The high estimate is $70.19M and the low estimate is $48.9M.
