Volatus Aerospace (FLT) Stock Price, News & Analysis

Company Overview

Volatus Aerospace Inc. provides integrated aerial intelligence, drone logistics and aerospace solutions internationally.

The company offers drone inspection, surveillance, lidar, geomatics, mapping, pipeline monitoring, wildfire support, crewed aviation, drone delivery and training services, as well as remotely piloted aircraft systems and related software platforms. It serves customers in industries including oil and gas, energy and utilities, defense, construction and engineering, infrastructure, mining, agriculture, government, public safety and property development.

The company was formed through the merger of Drone Delivery Canada Corp. (CVE:FLT) and Volatus Aerospace Corp. (CVE:VOL) and is headquartered in Vaughan, Canada.

Key Stats

• Today's Range: C$0.64 to C$0.66
• 50-Day Range: C$0.64 to C$0.88
• 52-Week Range: C$0.13 to C$0.97
• Volume: 918,379 shs
• Average Volume: 2.02 million shs
• Market Capitalization: C$446.58 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: C$0.88
• Consensus Rating: Strong Buy

Volatus Aerospace Stock Analysis - MarketRank™

Volatus Aerospace scored higher than 48% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.8 / 5
• Analyst Rating: Strong Buy

Consensus Rating

Volatus Aerospace has received a consensus rating of Strong Buy. The company's average rating score is 3.67, and is based on 2 strong buy ratings, 1 buy rating, no hold ratings, and no sell ratings.

Upside Potential

Volatus Aerospace has a consensus price target of C$0.88, representing about 32.6% upside from its current price of C$0.66.

Amount of Analyst Coverage

Volatus Aerospace has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Volatus Aerospace is -16.50, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Volatus Aerospace is -16.50, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Volatus Aerospace has a P/B Ratio of 30.66. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for FLT.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Volatus Aerospace does not currently pay a dividend.

Dividend Growth

Volatus Aerospace does not have a long track record of dividend growth.

News and Social Media

• Score: 3.2 / 5
• News Sentiment: 0.09

News Sentiment

Volatus Aerospace has a news sentiment score of 0.09. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.53 average news sentiment score of Industrials companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Volatus Aerospace this week, compared to 3 articles on an average week.

Search Interest

5 people have searched for FLT on MarketBeat in the last 30 days. This is an increase of 400% compared to the previous 30 days.

MarketBeat Follows

3 people have added Volatus Aerospace to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Volatus Aerospace insiders have not sold or bought any company stock.

Percentage Held by Insiders

30.84% of the stock of Volatus Aerospace is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

6.92% of the stock of Volatus Aerospace is held by institutions.

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Industrials
• Industry: Aerospace & Defense
• Sub-Industry: Aerospace & Defense
• Current Symbol: TSE:FLT
• Previous Symbol: CVE:FLT
• CIK: N/A
• Web: volatusaerospace.com
• Phone: 2042025813
• Fax: N/A
• Employees: 130
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Volatus Aerospace: C$0.88
• High Price Target: C$0.90
• Low Price Target: C$0.85
• Potential Upside/Downside: +32.6%
• Consensus Rating: Strong Buy
• Rating Score (0-4): 3.67
• Research Coverage: 3 Analysts

Profitability

• EPS (Trailing Twelve Months): C($0.04)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -C$21.98 million
• Net Margins: -27.14%
• Pretax Margin: N/A
• Return on Equity: -115.14%
• Return on Assets: -19.73%

Debt

• Debt-to-Equity Ratio: 566.20
• Current Ratio: 0.71
• Quick Ratio: 9.02

Sales & Book Value

• Annual Sales: C$34.12 million
• Price / Sales: 13.09
• Cash Flow: C$0.19 per share
• Price / Cash Flow: 3.52
• Book Value: C$0.02 per share
• Price / Book: 30.66

Miscellaneous

• Outstanding Shares: 676,643,000
• Free Float: N/A
• Market Cap: C$446.58 million
• Optionable: Not Optionable
• Beta: 3.01