FY2025 EPS Forecast for Safe Pro Group Cut by Analyst

Safe Pro Group Inc. (NASDAQ:SPAI) – Analysts at Litchfield Hills Research lowered their FY2025 earnings per share estimates for Safe Pro Group in a note issued to investors on Wednesday, February 4th. Litchfield Hills Research analyst T. O’neill now forecasts that the company will post earnings per share of ($0.88) for the year, down from their previous forecast of ($0.45). Litchfield Hills Research also issued estimates for Safe Pro Group’s FY2026 earnings at ($0.51) EPS.

Several other research firms have also recently issued reports on SPAI. Lake Street Capital assumed coverage on Safe Pro Group in a research report on Tuesday, November 18th. They issued a “buy” rating and a $9.00 price objective for the company. Wall Street Zen cut shares of Safe Pro Group from a “hold” rating to a “sell” rating in a research note on Saturday, November 22nd. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Safe Pro Group in a research report on Thursday, January 22nd. Two investment analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $10.00.

Safe Pro Group Price Performance

Shares of SPAI opened at $4.40 on Friday. The firm has a market capitalization of $92.27 million, a PE ratio of -5.87 and a beta of 3.72. The stock’s 50 day moving average is $4.90 and its two-hundred day moving average is $5.49. Safe Pro Group has a twelve month low of $1.47 and a twelve month high of $9.16. The company has a current ratio of 7.60, a quick ratio of 7.16 and a debt-to-equity ratio of 0.02.

Safe Pro Group (NASDAQ:SPAI) last issued its quarterly earnings results on Friday, November 14th. The company reported ($0.29) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.11) by ($0.18). The firm had revenue of $0.10 million for the quarter, compared to analyst estimates of $0.10 million. Safe Pro Group had a negative return on equity of 280.18% and a negative net margin of 968.74%.

Hedge Funds Weigh In On Safe Pro Group

Institutional investors have recently modified their holdings of the company. Atlantic Union Bankshares Corp acquired a new position in Safe Pro Group during the fourth quarter worth approximately $42,000. Forefront Wealth Management Inc. grew its stake in shares of Safe Pro Group by 122.6% during the 4th quarter. Forefront Wealth Management Inc. now owns 67,900 shares of the company’s stock valued at $282,000 after buying an additional 37,400 shares during the period. Tudor Investment Corp ET AL acquired a new stake in shares of Safe Pro Group during the 3rd quarter worth $1,785,000. NewEdge Advisors LLC purchased a new position in shares of Safe Pro Group in the 3rd quarter worth $393,000. Finally, Citadel Advisors LLC acquired a new position in Safe Pro Group in the third quarter valued at $3,940,000.

Safe Pro Group announced that its board has initiated a share buyback program on Thursday, December 18th that allows the company to buyback $3.00 million in shares. This buyback authorization allows the company to buy up to 4.4% of its shares through open market purchases. Shares buyback programs are often an indication that the company’s board believes its shares are undervalued.

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.