Aegis Forecasts Draganfly’s FY2025 Earnings (NASDAQ:DPRO)

Draganfly Inc. (NASDAQ:DPRO) – Equities research analysts at Aegis issued their FY2025 earnings per share (EPS) estimates for Draganfly in a research report issued to clients and investors on Tuesday, June 24th. Aegis analyst R. Dionisio forecasts that the company will post earnings per share of ($1.97) for the year. The consensus estimate for Draganfly’s current full-year earnings is ($3.56) per share.

A number of other research firms also recently commented on DPRO. HC Wainwright decreased their price target on Draganfly from $5.00 to $3.50 and set a “buy” rating for the company in a research note on Friday, June 20th. Wall Street Zen downgraded Draganfly from a “hold” rating to a “sell” rating in a research note on Thursday, May 22nd.

Draganfly Stock Up 2.8%

NASDAQ:DPRO opened at $2.98 on Friday. The company has a market capitalization of $16.18 million, a price-to-earnings ratio of -0.99 and a beta of 2.09. Draganfly has a one year low of $1.55 and a one year high of $6.09. The stock has a 50-day simple moving average of $2.30 and a 200 day simple moving average of $2.87. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.75 and a current ratio of 1.14.

Draganfly (NASDAQ:DPRO) last posted its quarterly earnings results on Thursday, May 8th. The company reported ($0.44) EPS for the quarter, topping analysts’ consensus estimates of ($0.48) by $0.04. The business had revenue of $1.08 million during the quarter, compared to the consensus estimate of $2.06 million. Draganfly had a negative return on equity of 831.19% and a negative net margin of 227.19%.

Hedge Funds Weigh In On Draganfly

An institutional investor recently raised its position in Draganfly stock. Integrated Advisors Network LLC boosted its holdings in Draganfly Inc. (NASDAQ:DPRO) by 46.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 30,000 shares of the company’s stock after acquiring an additional 9,500 shares during the period. Integrated Advisors Network LLC owned about 1.52% of Draganfly worth $120,000 at the end of the most recent quarter. 10.39% of the stock is owned by institutional investors and hedge funds.

About Draganfly

Draganfly Inc develops, manufactures, and sells cutting-edge unmanned and remote data collection and analysis platforms and systems in the United States and Canada. The company offers quadcopters, fixed-wing aircraft, ground-based robots, handheld controllers, and flight training, as well as software used for tracking, live streaming, and data collection.