
Safe Pro Group Inc. (NASDAQ:SPAI – Free Report) – Stock analysts at Litchfield Hills Research reduced their FY2026 earnings per share estimates for Safe Pro Group in a report issued on Tuesday, April 7th. Litchfield Hills Research analyst T. O’neill now expects that the company will earn ($0.53) per share for the year, down from their previous estimate of ($0.51). Litchfield Hills Research also issued estimates for Safe Pro Group’s FY2027 earnings at ($0.07) EPS.
Safe Pro Group (NASDAQ:SPAI – Get Free Report) last announced its quarterly earnings data on Tuesday, March 31st. The company reported ($0.15) earnings per share for the quarter, missing the consensus estimate of ($0.10) by ($0.05). Safe Pro Group had a negative net margin of 2,359.64% and a negative return on equity of 182.66%. The firm had revenue of $0.23 million for the quarter, compared to the consensus estimate of $0.10 million.
View Our Latest Report on SPAI
Safe Pro Group Price Performance
Shares of NASDAQ SPAI opened at $3.64 on Thursday. The stock has a fifty day simple moving average of $4.41 and a two-hundred day simple moving average of $5.19. Safe Pro Group has a 1-year low of $1.96 and a 1-year high of $9.16. The firm has a market cap of $76.04 million, a price-to-earnings ratio of -4.33 and a beta of 3.91. The company has a current ratio of 14.33, a quick ratio of 13.84 and a debt-to-equity ratio of 0.01.
Safe Pro Group announced that its board has authorized a share buyback plan on Thursday, December 18th that permits the company to buyback $3.00 million in outstanding shares. This buyback authorization permits the company to reacquire up to 4.4% of its stock through open market purchases. Stock buyback plans are typically a sign that the company’s leadership believes its stock is undervalued.
Institutional Investors Weigh In On Safe Pro Group
A number of institutional investors and hedge funds have recently made changes to their positions in the business. Citadel Advisors LLC purchased a new stake in shares of Safe Pro Group in the third quarter worth $3,940,000. Ghisallo Capital Management LLC purchased a new stake in shares of Safe Pro Group in the fourth quarter worth $1,190,000. Cresset Asset Management LLC raised its position in shares of Safe Pro Group by 95.6% in the third quarter. Cresset Asset Management LLC now owns 283,485 shares of the company’s stock worth $1,990,000 after buying an additional 138,556 shares in the last quarter. Tudor Investment Corp ET AL raised its position in shares of Safe Pro Group by 9.1% in the fourth quarter. Tudor Investment Corp ET AL now owns 277,285 shares of the company’s stock worth $1,154,000 after buying an additional 23,018 shares in the last quarter. Finally, Geode Capital Management LLC raised its position in shares of Safe Pro Group by 66.3% in the fourth quarter. Geode Capital Management LLC now owns 128,627 shares of the company’s stock worth $535,000 after buying an additional 51,283 shares in the last quarter.
Safe Pro Group Company Profile
Safe Pro Group, Inc engages in the provision and acquisition of security and protection products. Its products include Artificial Intelligence (AI) and Machine Learning (ML) software technology and photogrammetry analysis tools, bullet and blast resistant personal protection equipment, and aerial managed services and mission-critical uncrewed solutions. The firm operates through the following segments: Safe-PRO USA, Airborne Response, and Safe Pro AI. The company was founded by Daniyel Erdberg on December 15, 2021 and is headquartered in Aventura, FL.
Further Reading
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