Rekor Systems, Inc. (NASDAQ:REKR – Free Report) – Investment analysts at William Blair issued their Q1 2025 earnings estimates for Rekor Systems in a research note issued on Tuesday, April 1st. William Blair analyst L. Dipalma forecasts that the company will post earnings per share of ($0.06) for the quarter. William Blair has a “Outperform” rating on the stock. The consensus estimate for Rekor Systems’ current full-year earnings is ($0.57) per share. William Blair also issued estimates for Rekor Systems’ Q1 2025 earnings at ($0.06) EPS, Q3 2025 earnings at ($0.05) EPS, Q3 2025 earnings at ($0.05) EPS, FY2025 earnings at ($0.22) EPS, FY2026 earnings at ($0.09) EPS and FY2026 earnings at ($0.09) EPS.
Rekor Systems Trading Down 10.2 %
Shares of REKR stock opened at $0.70 on Friday. Rekor Systems has a fifty-two week low of $0.65 and a fifty-two week high of $2.67. The company has a quick ratio of 0.63, a current ratio of 0.76 and a debt-to-equity ratio of 0.37. The business has a fifty day simple moving average of $1.46 and a 200-day simple moving average of $1.28. The stock has a market cap of $65.69 million, a P/E ratio of -1.08 and a beta of 2.07.
Hedge Funds Weigh In On Rekor Systems
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in REKR. State Street Corp increased its stake in shares of Rekor Systems by 14.7% during the 3rd quarter. State Street Corp now owns 1,514,044 shares of the company’s stock worth $1,787,000 after purchasing an additional 194,323 shares in the last quarter. Barclays PLC increased its position in Rekor Systems by 332.0% during the third quarter. Barclays PLC now owns 104,427 shares of the company’s stock worth $123,000 after buying an additional 80,255 shares in the last quarter. Geode Capital Management LLC increased its position in Rekor Systems by 5.5% during the 3rd quarter. Geode Capital Management LLC now owns 1,813,380 shares of the company’s stock worth $2,140,000 after purchasing an additional 94,907 shares in the last quarter. SG Americas Securities LLC lifted its holdings in Rekor Systems by 2.7% in the 4th quarter. SG Americas Securities LLC now owns 712,681 shares of the company’s stock valued at $1,112,000 after purchasing an additional 18,740 shares in the last quarter. Finally, XTX Topco Ltd purchased a new position in shares of Rekor Systems during the third quarter valued at approximately $142,000. Institutional investors and hedge funds own 45.71% of the company’s stock.
Rekor Systems Company Profile
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.
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