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S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
NASDAQ:RCAT

Red Cat (RCAT) Stock Price, News & Analysis

$1.12
+0.06 (+5.66%)
(As of 04/19/2024 ET)
Today's Range
$0.99
$1.18
50-Day Range
$0.62
$1.42
52-Week Range
$0.53
$1.50
Volume
935,316 shs
Average Volume
352,229 shs
Market Capitalization
$83.19 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
RCAT stock logo

About Red Cat Stock (NASDAQ:RCAT)

Red Cat Holdings, Inc. engages in the provision of various products, services, and solutions to the drone industry. The company operates through two segments: Enterprise and Consumer. It built infrastructure to manages drone fleets and fly, and provide services remotely, navigate confined industrial interior spaces and dangerous military environment. Red Cat Holdings, Inc. is based in San Juan, Puerto Rico.

RCAT Stock Price History

RCAT Stock News Headlines

Secret Bull Market Starts in This Unusual Sector
"We're only at the very beginning of a new wave that could deliver 500%-plus gains in the years to come." In fact, 50 small companies related to this sector have already soared 100% or more in a recent 90-day stretch.
Ocean Power Hooks up with Red Cat
Secret Bull Market Starts in This Unusual Sector
"We're only at the very beginning of a new wave that could deliver 500%-plus gains in the years to come." In fact, 50 small companies related to this sector have already soared 100% or more in a recent 90-day stretch.
Q3 2024 Red Cat Holdings Inc Earnings Call
Red Cat Hldgs: Q3 Earnings Insights
RCAT Oct 2024 4.000 call
RCAT Jul 2024 2.000 call
Red Cat Holdings Earnings Preview
See More Headlines
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Company Calendar

Last Earnings
3/18/2024
Today
4/19/2024
Fiscal Year End
4/30/2024
Next Earnings (Estimated)
7/25/2024

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Current Symbol
NASDAQ:RCAT
Fax
N/A
Employees
76
Year Founded
N/A

Profitability

Net Income
$-27,090,000.00
Net Margins
-206.42%
Pretax Margin
-197.84%

Debt

Sales & Book Value

Annual Sales
$9.91 million
Book Value
$1.00 per share

Miscellaneous

Free Float
51,626,000
Market Cap
$83.19 million
Optionable
Optionable
Beta
0.56
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Key Executives

  • Mr. Jeffrey M. Thompson (Age 60)
    Founder, Chairman, President & CEO
    Comp: $478.77k
  • Ms. Leah Lunger (Age 33)
    Interim CFO, Interim Principal Financial Officer & Interim Principal Accounting Officer
  • Mr. George Michael Matus
    Chief Technology Officer
  • Mr. Stan Nowak
    Vice President of Marketing
  • Mr. Geoffrey Hitchcock
    Senior Vice President of Global Defense Solutions
  • Mr. Giuseppe Santangelo
    Chief Executive Officer of Skypersonic

RCAT Stock Analysis - Frequently Asked Questions

How have RCAT shares performed in 2024?

Red Cat's stock was trading at $0.88 on January 1st, 2024. Since then, RCAT shares have increased by 27.3% and is now trading at $1.12.
View the best growth stocks for 2024 here
.

Are investors shorting Red Cat?

Red Cat saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 417,100 shares, an increase of 37.6% from the March 15th total of 303,100 shares. Based on an average daily volume of 202,200 shares, the short-interest ratio is currently 2.1 days. Currently, 0.8% of the shares of the stock are short sold.
View Red Cat's Short Interest
.

When is Red Cat's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 25th 2024.
View our RCAT earnings forecast
.

How were Red Cat's earnings last quarter?

Red Cat Holdings, Inc. (NASDAQ:RCAT) released its quarterly earnings results on Monday, March, 18th. The company reported ($0.04) earnings per share (EPS) for the quarter. The business had revenue of $5.85 million for the quarter. Red Cat had a negative trailing twelve-month return on equity of 52.40% and a negative net margin of 206.42%.

What ETF holds Red Cat's stock?

AdvisorShares Drone Technology ETF holds 17,141 shares of RCAT stock, representing 2.28% of its portfolio.

What guidance has Red Cat issued on next quarter's earnings?

Red Cat issued an update on its fourth quarter 2024 earnings guidance on Thursday, April, 4th. The company provided EPS guidance of for the period. The company issued revenue guidance of $7.0 million-$7.0 million, compared to the consensus revenue estimate of $7.0 million.

When did Red Cat IPO?

Red Cat (RCAT) raised $16 million in an IPO on Friday, April 30th 2021. The company issued 4,000,000 shares at $4.00 per share. ThinkEquity (a division of Fordham Financial Management) acted as the underwriter for the IPO.

How do I buy shares of Red Cat?

Shares of RCAT 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:RCAT) was last updated on 4/20/2024 by MarketBeat.com Staff

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