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.
The price of Rekor Systems Inc (NASDAQ: REKR) closed at $1.23 in the last session, up 2.50% from day before closing price of $1.2. In other words, the price has increased by $2.50 from its previous closing price. On the day, 2.04 million shares were traded. REKR stock price reached its highest trading level at $1.25 during the session, while it also had its lowest trading level at $1.2.
Ratios:
We take a closer look at REKR’s different ratios to gain a better understanding of the stock. 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 145233488 and an Enterprise Value of 163408544. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.20 while its Price-to-Book (P/B) ratio in mrq is 4.09. Its current Enterprise Value per Revenue stands at 3.596 whereas that against EBITDA is -5.096.
Stock Price History:
The Beta on a monthly basis for REKR is 2.27, which has changed by -0.32417583 over the last 52 weeks, in comparison to a change of 0.12677538 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 8.02%, while the 200-Day Moving Average is calculated to be 1.25%.
Shares Statistics:
According to the various share statistics, REKR traded on average about 4.79M shares per day over the past 3-months and 4794470 shares per day over the past 10 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 29.91% stake in the company. Shares short for REKR as of 1749772800 were 15387451 with a Short Ratio of 3.21, compared to 1747267200 on 20808623. Therefore, it implies a Short% of Shares Outstanding of 15387451 and a Short% of Float of 14.75.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
The dynamic stock of Rekor Systems Inc (REKR) is currently being evaluated by a team of 1.0 analysts, each contributing to its current rating.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
According to 2 analysts, the current quarter’s revenue is expected to be $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.
