NASDAQ:REKR

Rekor Systems (REKR) Stock Price, News & Analysis

$1.75
-0.05 (-2.78%)
(As of 04/25/2024 ET)
Today's Range
$1.73
$1.81
50-Day Range
$1.79
$2.55
52-Week Range
$1.05
$4.15
Volume
816,655 shs
Average Volume
1.17 million shs
Market Capitalization
$149.31 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
121.4% Upside
$3.88 Price Target
Short Interest
Healthy
12.00% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.33mentions of Rekor Systems in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.28) to ($0.18) 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.

1.94 out of 5 stars

Computer And Technology Sector

543rd out of 586 stocks

Communications Equipment, Not Elsewhere Classified Industry

10th out of 10 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 extensive traffic engineering services. The company was incorporated in 2017 and is headquartered in Columbia, Maryland.

REKR Stock Price History

REKR Stock News Headlines

These AI trades triggered this morning (545% return)
If you think a market crash is possible in 2024, I don't know why you're not using this yet.
These AI trades triggered this morning (545% return)
If you think a market crash is possible in 2024, I don't know why you're not using this yet.
Earnings Preview: Rekor Systems
Rekor Systems Inc.
REKR Aug 2024 7.500 call
REKR May 2024 2.500 put
REKR Apr 2024 5.000 put
REKR Apr 2024 5.000 call
REKR Apr 2024 2.500 put
REKR Apr 2024 2.500 call
Rekor Systems Inc (REKR)
3 Cheap AI Stocks to Buy in March 2024
7 Growth Stocks to Ride Your Next Profit Wave Higher
See More Headlines
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Company Calendar

Last Earnings
3/25/2024
Today
4/25/2024
Next Earnings (Confirmed)
5/15/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Communications equipment, not elsewhere classified
Sub-Industry
N/A
Current Symbol
NASDAQ:REKR
Fax
N/A
Employees
347
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
+120.2%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$-45,690,000.00
Net Margins
-130.78%
Pretax Margin
-130.69%

Debt

Sales & Book Value

Annual Sales
$34.93 million
Book Value
$0.48 per share

Miscellaneous

Free Float
78,158,000
Market Cap
$150.16 million
Optionable
Optionable
Beta
2.12
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Key Executives


REKR Stock Analysis - Frequently Asked Questions

Should I buy or sell Rekor Systems stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Rekor Systems in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research 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?

2 Wall Street research analysts have issued 1-year price objectives for Rekor Systems' shares. Their REKR share price targets range from $3.75 to $4.00. On average, they predict the company's stock price to reach $3.88 in the next twelve months. This suggests a possible upside of 121.4% 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 2024?

Rekor Systems' stock was trading at $3.33 at the start of the year. Since then, REKR stock has decreased by 47.4% and is now trading at $1.75.
View the best growth stocks for 2024 here
.

Are investors shorting Rekor Systems?

Rekor Systems saw a decline in short interest during the month of April. As of April 15th, there was short interest totaling 10,240,000 shares, a decline of 19.4% from the March 31st total of 12,700,000 shares. Based on an average trading volume of 1,220,000 shares, the short-interest ratio is presently 8.4 days.
View Rekor Systems' Short Interest
.

When is Rekor Systems' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 15th 2024.
View our REKR earnings forecast
.

How can I listen to Rekor Systems' earnings call?

Rekor Systems will be holding an earnings conference call on Wednesday, May 15th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 201-612-7415 with passcode "13746266".

How were Rekor Systems' earnings last quarter?

Rekor Systems, Inc. (NASDAQ:REKR) announced its earnings results on Monday, March, 25th. The company reported ($0.16) earnings per share for the quarter, missing the consensus estimate of ($0.11) by $0.05. The company had revenue of $11.07 million for the quarter, compared to analysts' expectations of $10.72 million. Rekor Systems had a negative net margin of 130.78% and a negative trailing twelve-month return on equity of 106.96%.

What ETFs hold Rekor Systems' stock?

ETFs with the largest weight of Rekor Systems (NASDAQ:REKR) stock in their portfolio include Direxion Moonshot Innovators ETF (MOON).SPDR S&P Kensho Intelligent Structures ETF (SIMS).

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), 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 a number of institutional and retail investors. Top institutional investors include Curated Wealth Partners LLC (0.00%), Cannon Global Investment Management LLC (0.05%), International Assets Investment Management LLC (0.04%) and Lake Hills Wealth Management LLC (0.03%). 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:REKR) was last updated on 4/25/2024 by MarketBeat.com Staff

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