Should I buy or sell Rekor Systems stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Rekor Systems in the last twelve months. There are currently 2 buy ratings 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?

2 brokers have issued 1 year price objectives for Rekor Systems' stock. Their REKR share price targets range from $3.75 to $4.00. On average, they anticipate the company's share price to reach $3.88 in the next twelve months. This suggests a possible upside of 110.6% 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 shares have decreased by 44.7% and is now trading at $1.84. View the best growth stocks for 2024 here .

When is Rekor Systems' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 20th 2024. View our REKR earnings forecast .

How were Rekor Systems' earnings last quarter?

Rekor Systems, Inc. (NASDAQ:REKR) released its earnings results on Monday, March, 25th. The company reported ($0.16) EPS for the quarter, missing the consensus estimate of ($0.11) by $0.05. The business earned $11.07 million during the quarter, compared to the consensus estimate 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 retail and institutional 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 .

NASDAQ:REKR

Rekor Systems (REKR) Stock Price, News & Analysis

→ This company has increased its dividend every year for 54 years (From DTI) (Ad)

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$1.84

-0.01 (-0.54%)

(As of 04/18/2024 ET)

Compare

Today's Range: $1.77
▼
$1.86
50-Day Range: $1.84
▼
$2.75
52-Week Range: $1.00
▼
$4.15

Volume: 1.44 million shs
Average Volume: 1.41 million shs
Market Capitalization: $156.99 million

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

Get Rekor Systems alerts:

Rekor Systems MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 110.6% Upside
$3.88 Price Target
Short Interest: Bearish
14.89% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.28) 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.

0.64 out of 5 stars

Computer And Technology Sector

543rd out of 583 stocks

Communications Equipment, Not Elsewhere Classified Industry

10th out of 10 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 2 buy ratings, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Rekor Systems has only been the subject of 1 research reports in the past 90 days.

0.0

Short Interest

Percentage of Shares Shorted
14.89% 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 10.4, which indicates bearish sentiment.
Change versus previous month
Short interest in Rekor Systems has recently increased by 16.30%, indicating that investor sentiment is decreasing significantly.

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.

0.6

News and Social Media Coverage

Search Interest
38 people have searched for REKR on MarketBeat in the last 30 days. This is an increase of 46% compared to the previous 30 days.
MarketBeat Follows
Only 12 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
45.71% 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 ($0.28) to ($0.18) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Rekor Systems is -2.52, 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 Rekor Systems is -2.52, 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
Rekor Systems has a P/B Ratio of 3.83. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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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

30 days | 90 days | 365 days | Advanced Chart

REKR Stock News Headlines

April 8, 2024 | seekingalpha.com

Rekor Systems: Risk-Reward Unattractive Due To Potential Liquidity Risk

March 27, 2024 | finance.yahoo.com

Rekor Systems Full Year 2023 Earnings: EPS Misses Expectations

April 19, 2024 | InvestorPlace (Ad)

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March 26, 2024 | markets.businessinsider.com

Analysts’ Opinions Are Mixed on These Technology Stocks: Rekor Systems (REKR) and Maxeon Solar Technologies (MAXN)

March 26, 2024 | msn.com

Rekor Systems, Inc. (NASDAQ:REKR) Q4 2023 Earnings Call Transcript

March 26, 2024 | finanznachrichten.de

Rekor Systems, Inc.: Rekor Systems Showcases Exceptional Year-over-Year Growth and Strategic Milestones in 2023 Financial Results

March 26, 2024 | finance.yahoo.com

Rekor Systems Inc (REKR) Earnings: A Year of Substantial Growth Despite Analysts' Net Income ...

March 25, 2024 | investorplace.com

REKR Stock Earnings: Rekor Systems Misses EPS, Beats Revenue for Q4 2023

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March 25, 2024 | msn.com

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March 25, 2024 | markets.businessinsider.com

Rekor Systems is about to announce earnings — here's what Wall Street expects

March 22, 2024 | benzinga.com

Earnings Preview: Rekor Systems

March 21, 2024 | thestreet.com

Rekor Systems Inc.

March 19, 2024 | finance.yahoo.com

REKR Aug 2024 7.500 call

March 19, 2024 | finance.yahoo.com

REKR May 2024 2.500 put

March 17, 2024 | finance.yahoo.com

REKR Apr 2024 5.000 put

March 16, 2024 | ca.finance.yahoo.com

REKR Apr 2024 5.000 call

March 16, 2024 | ca.finance.yahoo.com

REKR Apr 2024 2.500 put

March 16, 2024 | ca.finance.yahoo.com

REKR Apr 2024 2.500 call

March 9, 2024 | investing.com

Rekor Systems Inc (REKR)

March 6, 2024 | investorplace.com

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March 5, 2024 | investorplace.com

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March 5, 2024 | markets.businessinsider.com

Analysts’ Top Technology Picks: Rekor Systems (REKR), Ciena (CIEN)

March 5, 2024 | investorplace.com

7 Growth Stocks to Ride Your Next Profit Wave Higher

March 4, 2024 | msn.com

William Blair Initiates Coverage of Rekor Systems (REKR) with Outperform Recommendation

March 4, 2024 | finanznachrichten.de

Rekor Systems, Inc.: Anne Townsend Joins Rekor Systems Board, Strengthening Cybersecurity Oversight

February 28, 2024 | investorplace.com

See More Headlines

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Company Calendar

Last Earnings: 3/25/2024
Today: 4/19/2024
Next Earnings (Estimated): 5/20/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Computer and Technology
Industry: Communications equipment, not elsewhere classified
Sub-Industry: N/A
Current Symbol: NASDAQ:REKR
CUSIP: N/A
CIK: 1697851
Web: www.rekorsystems.com
Phone: (410) 762-0800
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: +110.6%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.73)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-45,690,000.00
Net Margins: -130.78%
Pretax Margin: -130.69%
Return on Equity: -106.96%
Return on Assets: -51.05%

Debt

Debt-to-Equity Ratio: 0.75
Current Ratio: 1.47
Quick Ratio: 1.29

Sales & Book Value

Annual Sales: $34.93 million
Price / Sales: 4.49
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $0.48 per share
Price / Book: 3.83

Miscellaneous

Outstanding Shares: 85,320,000
Free Float: 78,158,000
Market Cap: $156.99 million
Optionable: Optionable
Beta: 2.12

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Key Executives

Mr. Robert Alan Berman (Age 63)
Executive Chairman & CEO
Comp: $405.83k
Mr. David Philip Desharnais (Age 52)
President & COO
Comp: $736.22k
Mr. Eyal Hen (Age 50)
Chief Financial Officer
Comp: $417.64k
Mr. Christopher Kadoch
Chief Technology Officer
Mr. Mathew Anthony Hill (Age 40)
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 65)
Executive Vice President of Government Relations & Corporate Communications
Ms. Debra Shakerdge-Hennessy
Chief People Officer
Mr. Riaz Latifullah (Age 67)
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?: 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Rekor Systems in the last twelve months. There are currently 2 buy ratings 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?: 2 brokers have issued 1 year price objectives for Rekor Systems' stock. Their REKR share price targets range from $3.75 to $4.00. On average, they anticipate the company's share price to reach $3.88 in the next twelve months. This suggests a possible upside of 110.6% 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 shares have decreased by 44.7% and is now trading at $1.84.
View the best growth stocks for 2024 here.
When is Rekor Systems' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, May 20th 2024.
View our REKR earnings forecast.
How were Rekor Systems' earnings last quarter?: Rekor Systems, Inc. (NASDAQ:REKR) released its earnings results on Monday, March, 25th. The company reported ($0.16) EPS for the quarter, missing the consensus estimate of ($0.11) by $0.05. The business earned $11.07 million during the quarter, compared to the consensus estimate 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 retail and institutional 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 4/19/2024 by MarketBeat.com Staff

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Rekor Systems (REKR) Stock Price, News & Analysis

Rekor Systems MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Rekor Systems Stock (NASDAQ:REKR)

REKR Stock Price History

REKR Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

REKR Stock Analysis - Frequently Asked Questions

Overall MarketRank^™