Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
The price of Rekor Systems Inc (NASDAQ: REKR) closed at $1.27 in the last session, down -7.30% from day before closing price of $1.37. In other words, the price has decreased by -$7.30 from its previous closing price. On the day, 4.3 million shares were traded.
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.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Jul 05 ’24 when Arctis Global LLC bought 2,275,000 shares for $1.40 per share. The transaction valued at 3,185,000 led to the insider holds 12,312,491 shares of the business.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 3.30 while its Price-to-Book (P/B) ratio in mrq is 4.22.
Stock Price History:
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 23.37%, while the 200-Day Moving Average is calculated to be 4.49%.
Shares Statistics:
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 30.06% stake in the company.
Earnings Estimates
The company has 1.0 analysts who recommend its stock at the moment. 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.
