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NASDAQ:REKR

Rekor Systems (REKR) Stock Price, News & Analysis

$1.87
+0.09 (+5.06%)
(As of 07/26/2024 ET)
Today's Range
$1.79
$1.87
50-Day Range
$1.35
$2.04
52-Week Range
$1.28
$4.15
Volume
759,635 shs
Average Volume
1.51 million shs
Market Capitalization
$165.48 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$4.00

Rekor Systems MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
113.9% Upside
$4.00 Price Target
Short Interest
Bearish
18.58% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.47mentions of Rekor Systems in the last 14 days
Based on 2 Articles This Week
Insider Trading
Acquiring Shares
$3.19 M Bought Last Quarter
Proj. Earnings Growth
Growing
From ($0.53) to ($0.20) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.68 out of 5 stars

Computer And Technology Sector

464th out of 612 stocks

Communications Equipment, Not Elsewhere Classified Industry

8th out of 12 stocks

REKR stock logo

About Rekor Systems Stock (NASDAQ:REKR)

Rekor Systems, Inc., a technology company, provides infrastructure solutions for transportation, public safety, and urban mobility markets in the United States and internationally. The company's platforms include Rekor One, an AI-powered roadway intelligence platform; Rekor Command, a comprehensive cross-agency platform that offers various applications for traffic management centers, freeway service patrol, first responders, and maintenance crews; Rekor Discover, a platform that ingests data from its hardware and automates comprehensive analytics and actionable insights about the movement of objects across the roadway; and Rekor Scout platform, which automates previously manual processes with collaborative solutions that keep all stakeholders apprised of developing situations and accelerate reaction times to incidents and offenders. It also offers Rekor AutoNotice, a cloud-based financial management application that delivers a turnkey information and citation management solution for cities, states, and municipalities for primary and secondary offenses; and Rekor CarCheck, which allows its AI based vehicle and license plate recognition technology to be accessed for a range of commercial applications. In addition, the company offers Rekor Edge Max System, a fixed traffic data collection system that captures and transforms roadway data into holistic traffic insights; Rekor Edge Pro, a vehicle recognition solution that is used on a standalone basis or integrated into a network; and Rekor Edge Flex, a portable data collection system. Further, it provides traffic services, including traditional traffic studies, which delivers data and insights for planning and management of roadway infrastructure and commercial initiatives; innovative AI-driven traffic studies for traffic management; and traffic engineering services. The company was incorporated in 2017 and is headquartered in Columbia, Maryland.

REKR Stock Price History

REKR Stock News Headlines

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Rekor Systems (REKR) Earnings Dates & Reports
See More Headlines
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Company Calendar

Last Earnings
5/15/2024
Today
7/26/2024
Next Earnings (Estimated)
8/12/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Communications equipment, not elsewhere classified
Sub-Industry
Electronic Equipment
Current Symbol
NASDAQ:REKR
Fax
N/A
Employees
250
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$4.00
High Stock Price Target
$4.00
Low Stock Price Target
$4.00
Potential Upside/Downside
+113.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$-45,690,000.00
Net Margins
-133.98%
Pretax Margin
-133.90%

Debt

Sales & Book Value

Annual Sales
$34.93 million
Book Value
$0.48 per share

Miscellaneous

Free Float
78,188,000
Market Cap
$165.48 million
Optionable
Optionable
Beta
2.03
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Key Executives


REKR Stock Analysis - Frequently Asked Questions

How have REKR shares performed this year?

Rekor Systems' stock was trading at $3.33 at the start of the year. Since then, REKR stock has decreased by 43.8% and is now trading at $1.87.
View the best growth stocks for 2024 here
.

How were Rekor Systems' earnings last quarter?

Rekor Systems, Inc. (NASDAQ:REKR) announced its earnings results on Wednesday, May, 15th. The company reported ($0.23) EPS for the quarter, missing analysts' consensus estimates of ($0.11) by $0.12. The business earned $9.78 million during the quarter, compared to analysts' expectations of $13.03 million. Rekor Systems had a negative trailing twelve-month return on equity of 118.77% and a negative net margin of 133.98%.

Who are Rekor Systems' major shareholders?

Rekor Systems' top institutional investors include SG Americas Securities LLC (0.79%), Curated Wealth Partners LLC (0.23%), Bank of New York Mellon Corp (0.22%) and Lake Hills Wealth Management LLC (0.12%). Insiders that own company stock include Arctis Global Llc, Robert Alan Berman, Glenn S Goord, Eyal Hen, Rodney Hillman and Matthew Anthony Hill.
View institutional ownership trends
.

How do I buy shares of Rekor Systems?

Shares of REKR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Rekor Systems own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Rekor Systems investors own include Cytosorbents (CTSO), Micron Technology (MU), Delta Air Lines (DAL), NVIDIA (NVDA) and Tesla (TSLA).

This page (NASDAQ:REKR) was last updated on 7/27/2024 by MarketBeat.com Staff

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