In the last trading session, 2.79 million Rekor Systems Inc (NASDAQ:REKR) shares changed hands as the company’s beta touched 2.22. With the company’s per share price at $1.05 changed hands at -$0.03 or -2.78% during last session, the market valuation stood at $123.98M. REKR’s last price was a discount, traded about -154.29% off its 52-week high of $2.67. The share price had its 52-week low at $0.62, which suggests the last value was 40.95% up since then.
Analysts gave the Rekor Systems Inc (REKR) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 0 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended REKR as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight.
Rekor Systems Inc (NASDAQ:REKR) trade information
Instantly REKR was in red as seen at the end of in last trading. With action -1.87%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -32.69%, with the 5-day performance at -1.87% in the red. However, in the 30-day time frame, Rekor Systems Inc (NASDAQ:REKR) is 25.82% up.
The consensus price target for the stock as assigned by Wall Street analysts is 3, meaning bulls need an upside of 65.0% from its current market value. According to analyst projections, REKR’s forecast low is 3 with 3 as the target high. To hit the forecast high, the stock’s price needs a -185.71% plunge from its current level, while the stock would need to soar -185.71% for it to hit the projected low.
Rekor Systems Inc (REKR) estimates and forecasts
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 3.66%. The 2025 estimates are for Rekor Systems Inc earnings to increase by 66.67%, but the outlook for the next 5-year period is at 47.97% per year.
Rekor Systems Inc (NASDAQ:REKR)’s Major holders
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 5.1383% or 4.36 million shares worth $6.76 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF. With 2.34 shares estimated at $2.46 million under it, the former controlled 1.98% of total outstanding shares. On the other hand, iShares Trust-iShares Russell 2000 ETF held about 1.78% of the shares, roughly 2.1 shares worth around $2.2 million.
