
Rekor Systems, Inc. (NASDAQ:REKR – Free Report) – Investment analysts at Northland Securities issued their Q1 2027 EPS estimates for Rekor Systems in a research note issued on Wednesday, April 1st. Northland Securities analyst M. Latimore expects that the company will post earnings of ($0.01) per share for the quarter. The consensus estimate for Rekor Systems’ current full-year earnings is ($0.57) per share. Northland Securities also issued estimates for Rekor Systems’ Q2 2027 earnings at ($0.01) EPS, Q3 2027 earnings at ($0.01) EPS and Q4 2027 earnings at ($0.01) EPS.
A number of other analysts have also recently commented on the company. Wall Street Zen cut Rekor Systems from a “hold” rating to a “sell” rating in a research report on Saturday. Weiss Ratings restated a “sell (d-)” rating on shares of Rekor Systems in a research note on Thursday, January 22nd. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.
Rekor Systems Stock Performance
REKR stock opened at $0.76 on Friday. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.45 and a quick ratio of 1.20. Rekor Systems has a 1 year low of $0.62 and a 1 year high of $3.42. The company has a market cap of $103.45 million, a P/E ratio of -2.91 and a beta of 2.00. The stock’s fifty day moving average price is $0.91 and its 200-day moving average price is $1.55.
Rekor Systems (NASDAQ:REKR – Get Free Report) last posted its earnings results on Tuesday, March 31st. The company reported ($0.06) EPS for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.02). The company had revenue of $12.70 million during the quarter, compared to the consensus estimate of $14.56 million. Rekor Systems had a negative return on equity of 126.37% and a negative net margin of 89.82%.
Institutional Investors Weigh In On Rekor Systems
Hedge funds have recently modified their holdings of the business. Centiva Capital LP bought a new position in Rekor Systems in the 3rd quarter worth $34,000. International Assets Investment Management LLC bought a new stake in Rekor Systems during the fourth quarter valued at about $35,000. Bank of America Corp DE grew its holdings in Rekor Systems by 513.9% during the third quarter. Bank of America Corp DE now owns 30,728 shares of the company’s stock valued at $48,000 after purchasing an additional 25,723 shares during the period. NewEdge Advisors LLC increased its position in Rekor Systems by 74.6% in the second quarter. NewEdge Advisors LLC now owns 32,055 shares of the company’s stock worth $37,000 after buying an additional 13,700 shares in the last quarter. Finally, Jefferies Financial Group Inc. bought a new position in shares of Rekor Systems in the third quarter worth about $52,000. Institutional investors own 45.71% of the company’s stock.
About Rekor Systems
Rekor Systems, Inc is a U.S.-based technology company specializing in real-time vehicle recognition solutions powered by artificial intelligence and machine learning. The company develops software and hardware systems that capture, analyze and store vehicle data—such as license plate images, make and model, color and vehicle characteristics—by leveraging advanced computer vision algorithms. Rekor’s platforms enable public safety agencies, transportation departments and private enterprises to automate vehicle identification, enhance situational awareness and improve operational efficiency.
The company’s flagship offering is a suite of intelligent camera and analytics products that include built-in license plate recognition (LPR) and vehicle attribute classification.
Featured Articles
Receive News & Ratings for Rekor Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rekor Systems and related companies with MarketBeat.com's FREE daily email newsletter.
