In the last trading session, 5.13 million Draganfly Inc (NASDAQ:DPRO) shares changed hands as the company’s beta touched 1.27. With the company’s per share price at $3.71 changed hands at $0.37 or 11.08% during last session, the market valuation stood at $20.15M. DPRO’s last price was a discount, traded about -73.85% off its 52-week high of $6.45. The share price had its 52-week low at $1.55, which suggests the last value was 58.22% up since then.
Analysts gave the Draganfly Inc (DPRO) 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 DPRO as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. Draganfly Inc’s EPS for the current quarter is expected to be 0.
Draganfly Inc (NASDAQ:DPRO) trade information
Instantly DPRO was in green as seen at the end of in last trading. With action 97.34%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -7.48%, with the 5-day performance at 97.34% in the green. However, in the 30-day time frame, Draganfly Inc (NASDAQ:DPRO) is 114.45% up.
The consensus price target for the stock as assigned by Wall Street analysts is 7, meaning bulls need an upside of 47.0% from its current market value. According to analyst projections, DPRO’s forecast low is 7 with 7 as the target high. To hit the forecast high, the stock’s price needs a -88.68% plunge from its current level, while the stock would need to soar -88.68% for it to hit the projected low.
Draganfly Inc (DPRO) estimates and forecasts
Year-over-year growth is forecast to reach 62.94% up from the last financial year.
Consensus estimates given by 2 financial analysts project the company’s revenue in the current quarter to hit an average of 2.24M. 2 analysts are of the opinion that Draganfly Inc’s revenue for the current quarter will be 3.34M. The company’s revenue for the corresponding quarters a year ago was 1.73M and 1.89M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 29.31%. The estimates for the next quarter sales put growth at 76.97%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 26.61%. The 2025 estimates are for Draganfly Inc earnings to increase by 55.37%.
Draganfly Inc (NASDAQ:DPRO)’s Major holders
ALLIANCE WEALTH ADVISORS, LLC holds the second largest percentage of outstanding shares, with 0.1875% or 0.1 million shares worth $24102.0 as of 2024-06-30. With 720.0 shares estimated at $2671.0 under it, the former controlled 0.01% of total outstanding shares.
