In recent trading session, Rekor Systems Inc (NASDAQ:REKR) saw 0.65 million shares changing hands at last check today with its beta currently measuring 1.96. Company’s recent per share price level of $1.09 trading at -$0.08 or -6.83% at last check today assigns it a market valuation of $114.90M. That most recent trading price of REKR’s stock is at a discount of -144.95% from its 52-week high price of $2.67 and is indicating a premium of 28.44% from its 52-week low price of $0.78. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 4.75 million shares which gives us an average trading volume of 8.80 million if we extend that period to 3-months.
For Rekor Systems Inc (REKR), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.08 in the current quarter.
Rekor Systems Inc (NASDAQ:REKR) trade information
Upright in the red during last session for losing -6.83%, in the last five days REKR remained trading in the red while hitting it’s week-highest on Wednesday, 03/12/25 when the stock touched $1.09 price level, adding 8.79% to its value on the day. Rekor Systems Inc’s shares saw a change of -30.12% in year-to-date performance and have moved -2.67% in past 5-day. Rekor Systems Inc (NASDAQ:REKR) showed a performance of -46.30% in past 30-days. Number of shares sold short was 19.88 million shares which calculate 2.72 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 3 to the stock, which implies a rise of 63.67% to its recent value today. Analysts have been projecting 3 as a low price target for the stock while placing it at a high target of 3. It follows that stock’s current price would drop -175.23% in reaching the projected high whereas dropping to the targeted low would mean a loss of -175.23% for stock’s current value.
Rekor Systems Inc (REKR) estimates and forecasts
This year revenue growth is estimated to rise 30.79% from the last financial year’s standing.
2 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 12.91M for the same. And 1 analysts are in estimates of company making revenue of 14.14M in the next quarter. Company posted 11.07M and 9.78M of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -10.32% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 23.61% while estimates for its earnings growth in next 5 years are of 40.07%.
Rekor Systems Inc (NASDAQ:REKR)’s Major holders
Insiders are in possession of 6.42% of company’s total shares while institution are holding 47.19 percent of that, with stock having share float percentage of 50.43%. Investors also watch the number of corporate investors in a company very closely, which is 47.19% institutions for Rekor Systems Inc that are currently holding shares of the company. ARCTIS GLOBAL LLC is the top institutional holder at REKR for having 10.04 million shares of worth $15.56 million. And as of 2024-06-30, it was holding 11.8182 of the company’s outstanding shares.
The second largest institutional holder is BLACKROCK INC., which was holding about 4.36 million shares on 2024-06-30. The number of shares represents firm’s hold over 5.4854 of outstanding shares, having a total worth of $6.76 million.
On the other hand, Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 2.34 shares of worth $2.6 million or 2.49% of the total outstanding shares. The later fund manager was in possession of 1.93 shares on Dec 31, 2024 , making its stake of worth around $2.14 million in the company or a holder of 2.06% of company’s stock.