Should I buy or sell Rekor Systems stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Rekor Systems in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" REKR shares. View REKR analyst ratings or view top-rated stocks .

What is Rekor Systems' stock price target for 2024?

1 brokerages have issued 12-month price targets for Rekor Systems' shares. Their REKR share price targets range from $3.75 to $4.00. On average, they expect the company's share price to reach $3.88 in the next year. This suggests a possible upside of 44.1% from the stock's current price. View analysts price targets for REKR or view top-rated stocks among Wall Street analysts .

How have REKR shares performed in 2023?

Rekor Systems' stock was trading at $1.20 at the start of the year. Since then, REKR shares have increased by 124.2% and is now trading at $2.69. View the best growth stocks for 2023 here .

When is Rekor Systems' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, March 25th 2024. View our REKR earnings forecast .

How were Rekor Systems' earnings last quarter?

Rekor Systems, Inc. (NASDAQ:REKR) released its quarterly earnings data on Tuesday, November, 14th. The company reported ($0.16) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.15) by $0.01. The company earned $9.12 million during the quarter, compared to analyst estimates of $9.31 million. Rekor Systems had a negative net margin of 137.04% and a negative trailing twelve-month return on equity of 89.12%.

What other stocks do shareholders of Rekor Systems own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Rekor Systems investors own include Cytosorbents (CTSO) , Micron Technology (MU) , Aurora Cannabis (ACB) , Delta Air Lines (DAL) , NVIDIA (NVDA) , Tesla (TSLA) , Blink Charging (BLNK) , Domino's Pizza (DPZ) .

Who are Rekor Systems' major shareholders?

Rekor Systems' stock is owned by many different retail and institutional investors. Top institutional shareholders include Armistice Capital LLC (7.47%), D. Scott Neal Inc. (2.34%), Tejara Capital Ltd (1.08%), Tejara Capital Ltd (1.08%), EAM Investors LLC (0.69%) and HighTower Advisors LLC (0.19%). Insiders that own company stock include Arctis Global Llc, Eyal Hen , Glenn S Goord , Goldman Sachs Group Inc, Matthew Anthony Hill , Robert Alan Berman and Rodney Hillman . 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 WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

Rekor Systems Stock Price, News & Analysis (NASDAQ:REKR)

$2.69

0.00 (0.00%)

(As of 12/8/2023 ET)

Compare

Today's Range: $2.58
▼
$2.73
50-Day Range: $2.54
▼
$3.40
52-Week Range: $0.56
▼
$4.15

Volume: 876,515 shs
Average Volume: 975,453 shs
Market Capitalization: $186.01 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $3.88

Rekor Systems MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 44.1% Upside
$3.88 Price Target
Short Interest: Bearish
11.60% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.67) to ($0.30) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.76 out of 5 stars

Computer And Technology Sector

444th out of 586 stocks

Communications Equipment, Not Elsewhere Classified Industry

5th out of 11 stocks

3.5

Analyst's Opinion

Consensus Rating
Rekor Systems has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $3.88, Rekor Systems has a forecasted upside of 44.1% from its current price of $2.69.
Amount of Analyst Coverage
Rekor Systems has received no research coverage in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
11.60% of the outstanding shares of Rekor Systems have been sold short.
Short Interest Ratio / Days to Cover
Rekor Systems has a short interest ratio ("days to cover") of 8.3.
Change versus previous month
Short interest in Rekor Systems has recently decreased by 1.84%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
Rekor Systems does not currently pay a dividend.
Dividend Growth
Rekor Systems does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for REKR.

1.3

News and Social Media Coverage

News Sentiment
Rekor Systems has a news sentiment score of -0.66. 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 0.49 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Rekor Systems this week, compared to 2 articles on an average week.
Search Interest
25 people have searched for REKR on MarketBeat in the last 30 days. This is an increase of 178% compared to the previous 30 days.
MarketBeat Follows
Only 7 people have added Rekor Systems to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Rekor Systems insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 8.40% of the stock of Rekor Systems is held by insiders.
Percentage Held by Institutions
40.56% of the stock of Rekor Systems is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Rekor Systems are expected to grow in the coming year, from ($0.67) to ($0.30) per share.
Price to Book Value per Share Ratio
Rekor Systems has a P/B Ratio of 2.96. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Rekor Systems Stock (NASDAQ:REKR)

Rekor Systems, Inc., a technology company, provides intelligent infrastructure solutions for transportation management, public safety, and urban mobility markets in the United States, Canada, and internationally. It leverages AI, machine learning, and holistic data to support the intelligent infrastructure for smart mobility. The company's platforms include Rekor One, an AI-powered roadway intelligence platform; Rekor Command, a comprehensive cross-agency platform that provides 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 fully automates comprehensive analytics and actionable insights about the movement of objects across the roadway; and Rekor Scout platform, which fully automates previously manual processes with collaborative solutions that keep all stakeholders apprised of developing situations and accelerate reaction times to incidents and offenders. The company also offers Rekor AutoNotice, a cloud-based financial management application that delivers an 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 conveniently accessed for a range of commercial applications. In addition, it offers Rekor Edge Max System, a fixed traffic data collection system; Rekor Edge Pro, a vehicle recognition solution; and Rekor Edge Flex, a portable data collection system. Rekor Systems, Inc. was incorporated in 2017 and is headquartered in Columbia, Maryland.

REKR Stock Price History

30 days | 90 days | 365 days | Advanced Chart

REKR Stock News Headlines

December 6, 2023 | finance.yahoo.com

Investing in Rekor Systems (NASDAQ:REKR) five years ago would have delivered you a 396% gain

December 1, 2023 | seekingalpha.com

Rekor Systems Focuses On Urban Mobility Segment For State Pilots

December 10, 2023 | Autonomix (Ad)

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November 28, 2023 | msn.com

Bank Of America Analyst Foresees A 23% Upswing In S&P 500 Upon Breaching Key Level

November 20, 2023 | benzinga.com

Rekor Systems (NASDAQ: REKR) Q3 Results – Company Reports Continued Quarterly Revenue Growth, Revenue CAGR Of 268% Over 2018-2022

November 16, 2023 | morningstar.com

Rekor Systems Inc REKR

November 16, 2023 | finance.yahoo.com

Rekor Systems, Inc. (NASDAQ:REKR) Q3 2023 Earnings Call Transcript

November 14, 2023 | finance.yahoo.com

Rekor Systems, Inc. Reports Record Third Quarter 2023 Financial Results

December 10, 2023 | Autonomix (Ad)

How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology

November 14, 2023 | finance.yahoo.com

Rekor Systems Inc (REKR) Reports Record Q3 2023 Results with Strong Revenue Growth

November 13, 2023 | msn.com

Rekor Systems Q3 2023 Earnings Preview

November 13, 2023 | markets.businessinsider.com

What Wall Street expects from Rekor Systems's earnings

November 11, 2023 | benzinga.com

SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation of Rekor Systems, Inc. (NASDAQ: REKR) and Encourages Investors to Contact the Firm

November 9, 2023 | finance.yahoo.com

Rekor Systems, Inc.'s (NASDAQ:REKR) top owners are individual investors with 54% stake, while 24% is held by institutions

October 30, 2023 | finanznachrichten.de

Rekor Systems, Inc.: Nextmove by Cintra and Rekor Forge Multi-Year Strategic Partnership for Next Generation Connected Vehicle Solutions

October 30, 2023 | finance.yahoo.com

Nextmove by Cintra and Rekor Forge Multi-Year Strategic Partnership for Next Generation Connected Vehicle Solutions

October 25, 2023 | finance.yahoo.com

Rekor Systems Inc (38E.MU)

October 23, 2023 | finance.yahoo.com

Rekor Systems to Announce Third Quarter Fiscal 2023 Results

October 3, 2023 | finanznachrichten.de

Rekor Systems, Inc.: Rekor Joins AWS ISV Accelerate Program

September 13, 2023 | finance.yahoo.com

Breakthrough Rekor Command(TM) Platform for AI-based Traffic Management Now Available in AWS Marketplace

September 6, 2023 | finanznachrichten.de

Is Rekor Systems , A Company Bringing AI To A Largely Untapped Market, On Your Watchlist?

September 5, 2023 | benzinga.com

Is Rekor Systems (NASDAQ: REKR), A Company Bringing AI To A Largely Untapped Market, On Your Watchlist?

August 31, 2023 | nasdaq.com

Rekor Systems (REKR) Price Target Increased by 25.93% to 4.34

August 24, 2023 | finance.yahoo.com

Rekor Systems' Market Cap Up US$65m Following Year Of Insider Stock Buying

August 23, 2023 | benzinga.com

Rekor Systems Chief Executive Officer Acquires 125,000 Shares of Company Stock

August 19, 2023 | finance.yahoo.com

Arctis Global LLC Boosts Stake in Rekor Systems Inc

August 15, 2023 | msn.com

B. Riley Securities Maintains Rekor Systems (REKR) Buy Recommendation

See More Headlines

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Company Calendar

Last Earnings: 11/14/2023
Today: 12/09/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 3/25/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Communications equipment, not elsewhere classified
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NASDAQ:REKR
CUSIP: N/A
CIK: 1697851
Web: www.rekorsystems.com
Phone: (410) 762-0800
Fax: N/A
Employees: 267
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $3.88
High Stock Price Target: $4.00
Low Stock Price Target: $3.75
Potential Upside/Downside: +44.1%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-83,110,000.00
Net Margins: -137.04%
Pretax Margin: -137.32%
Return on Equity: -89.12%
Return on Assets: -47.61%

Debt

Debt-to-Equity Ratio: 0.23
Current Ratio: 1.22
Quick Ratio: 1.01

Sales & Book Value

Annual Sales: $19.92 million
Price / Sales: 9.34
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $0.91 per share
Price / Book: 2.96

Miscellaneous

Outstanding Shares: 69,150,000
Free Float: 63,339,000
Market Cap: $186.01 million
Optionable: Not Optionable
Beta: 2.06

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Key Executives

Mr. Robert Alan Berman (Age 62)
Executive Chairman & CEO
Comp: $710.09k
Mr. David Philip Desharnais (Age 51)
President & COO
Comp: $972.22k
Mr. Eyal Hen (Age 50)
Chief Financial Officer
Comp: $452.2k
Mr. Christopher Kadoch
Chief Technology Officer
Mr. Mathew Anthony Hill (Age 39)
Chief Science Officer
Mr. Bulent S. Ozcan C.F.A.
Director of Investor Relations
Mr. Claud V. S. Eley
Outside General Counsel
Mr. Charles A. Degliomini (Age 64)
Executive Vice President of Government Relations & Corporate Communications
Ms. Debra Shakerdge-Hennessy
Chief People Officer
Mr. Riaz Latifullah (Age 66)
Executive Vice President of Strategic Program Development
Comp: $355.26k

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

REKR Stock Analysis - Frequently Asked Questions

Should I buy or sell Rekor Systems stock right now?: 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Rekor Systems in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" REKR shares.
View REKR analyst ratings or view top-rated stocks.
What is Rekor Systems' stock price target for 2024?: 1 brokerages have issued 12-month price targets for Rekor Systems' shares. Their REKR share price targets range from $3.75 to $4.00. On average, they expect the company's share price to reach $3.88 in the next year. This suggests a possible upside of 44.1% from the stock's current price.
View analysts price targets for REKR or view top-rated stocks among Wall Street analysts.
How have REKR shares performed in 2023?: Rekor Systems' stock was trading at $1.20 at the start of the year. Since then, REKR shares have increased by 124.2% and is now trading at $2.69.
View the best growth stocks for 2023 here.
When is Rekor Systems' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, March 25th 2024.
View our REKR earnings forecast.

How were Rekor Systems' earnings last quarter?: Rekor Systems, Inc. (NASDAQ:REKR) released its quarterly earnings data on Tuesday, November, 14th. The company reported ($0.16) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.15) by $0.01. The company earned $9.12 million during the quarter, compared to analyst estimates of $9.31 million. Rekor Systems had a negative net margin of 137.04% and a negative trailing twelve-month return on equity of 89.12%.
What other stocks do shareholders of Rekor Systems own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Rekor Systems investors own include Cytosorbents (CTSO), Micron Technology (MU), Aurora Cannabis (ACB), Delta Air Lines (DAL), NVIDIA (NVDA), Tesla (TSLA), Blink Charging (BLNK), Domino's Pizza (DPZ).
Who are Rekor Systems' major shareholders?: Rekor Systems' stock is owned by many different retail and institutional investors. Top institutional shareholders include Armistice Capital LLC (7.47%), D. Scott Neal Inc. (2.34%), Tejara Capital Ltd (1.08%), Tejara Capital Ltd (1.08%), EAM Investors LLC (0.69%) and HighTower Advisors LLC (0.19%). Insiders that own company stock include Arctis Global Llc, Eyal Hen, Glenn S Goord, Goldman Sachs Group Inc, Matthew Anthony Hill, Robert Alan Berman and Rodney Hillman.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NASDAQ:REKR) was last updated on 12/10/2023 by MarketBeat.com Staff

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