Analysts Offer Predictions for Rekor Systems Q1 Earnings

Rekor Systems, Inc. (NASDAQ:REKR - Free Report) - Equities research analysts at William Blair issued their Q1 2025 earnings per share estimates for Rekor Systems in a report released on Tuesday, April 1st. William Blair analyst L. Dipalma expects that the company will post earnings of ($0.06) per share 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 (NASDAQ:REKR - Get Free Report) last announced its quarterly earnings results on Monday, March 31st. The company reported ($0.22) earnings per share for the quarter, missing analysts' consensus estimates of ($0.09) by ($0.13). Rekor Systems had a negative net margin of 119.54% and a negative return on equity of 119.85%. The company had revenue of $13.28 million during the quarter, compared to the consensus estimate of $12.91 million.

Rekor Systems Price Performance

REKR stock traded up $0.06 during trading on Friday, hitting $0.75. 969,672 shares of the stock traded hands, compared to its average volume of 3,148,690. The company has a current ratio of 0.76, a quick ratio of 0.63 and a debt-to-equity ratio of 0.37. The stock has a market cap of $82.85 million, a price-to-earnings ratio of -1.16 and a beta of 2.07. Rekor Systems has a one year low of $0.62 and a one year high of $2.67. The company has a 50 day simple moving average of $1.40 and a 200 day simple moving average of $1.27.

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Hedge Funds Weigh In On Rekor Systems

Institutional investors and hedge funds have recently bought and sold shares of the business. ProShare Advisors LLC raised its holdings in shares of Rekor Systems by 49.0% in the fourth quarter. ProShare Advisors LLC now owns 20,752 shares of the company's stock valued at $32,000 after buying an additional 6,829 shares during the last quarter. PEAK6 LLC bought a new position in shares of Rekor Systems in the fourth quarter worth about $45,000. Price T Rowe Associates Inc. MD lifted its position in shares of Rekor Systems by 44.2% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 33,163 shares of the company's stock worth $52,000 after purchasing an additional 10,159 shares in the last quarter. BNP Paribas Financial Markets grew its stake in shares of Rekor Systems by 38.3% during the third quarter. BNP Paribas Financial Markets now owns 34,262 shares of the company's stock valued at $40,000 after purchasing an additional 9,494 shares during the last quarter. Finally, Virtu Financial LLC acquired a new stake in shares of Rekor Systems in the third quarter valued at approximately $41,000. 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.