Q1 EPS Estimates for Rekor Systems Cut by Northland Capmk

Rekor Systems, Inc. (NASDAQ:REKR - Free Report) - Stock analysts at Northland Capmk lowered their Q1 2025 earnings per share (EPS) estimates for Rekor Systems in a report released on Tuesday, April 1st. Northland Capmk analyst M. Latimore now expects that the company will earn ($0.09) per share for the quarter, down from their previous estimate of ($0.07). The consensus estimate for Rekor Systems' current full-year earnings is ($0.57) per share. Northland Capmk also issued estimates for Rekor Systems' Q1 2025 earnings at ($0.09) EPS, Q2 2025 earnings at ($0.08) EPS, Q2 2025 earnings at ($0.08) EPS, Q4 2025 earnings at ($0.05) EPS, Q4 2025 earnings at ($0.05) EPS, FY2025 earnings at ($0.28) EPS, FY2026 earnings at ($0.19) EPS and FY2026 earnings at ($0.19) EPS.

Separately, William Blair reiterated an "outperform" rating on shares of Rekor Systems in a report on Tuesday, April 1st.

Rekor Systems Stock Up 9.4 %

Shares of NASDAQ:REKR traded up $0.06 during trading on Friday, hitting $0.75. 969,672 shares of the company's 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 company has a market cap of $82.85 million, a price-to-earnings ratio of -1.16 and a beta of 2.07. The company has a 50-day moving average price of $1.40 and a 200-day moving average price of $1.27. Rekor Systems has a 52 week low of $0.62 and a 52 week high of $2.67.

Rekor Systems (NASDAQ:REKR - Get Free Report) last issued its quarterly earnings data on Monday, March 31st. The company reported ($0.22) EPS for the quarter, missing the consensus estimate of ($0.09) by ($0.13). Rekor Systems had a negative return on equity of 119.85% and a negative net margin of 119.54%. The business had revenue of $13.28 million for the quarter, compared to analyst estimates of $12.91 million.

Institutional Investors Weigh In On Rekor Systems

Institutional investors have recently bought and sold shares of the company. BNP Paribas Financial Markets lifted its position in shares of Rekor Systems by 38.3% in the third quarter. BNP Paribas Financial Markets now owns 34,262 shares of the company's stock worth $40,000 after purchasing an additional 9,494 shares in the last quarter. State Street Corp boosted its stake in shares of Rekor Systems by 14.7% during the 3rd quarter. State Street Corp now owns 1,514,044 shares of the company's stock worth $1,787,000 after buying an additional 194,323 shares during the last quarter. XTX Topco Ltd bought a new position in shares of Rekor Systems in the 3rd quarter valued at about $142,000. Barclays PLC increased its position in shares of Rekor Systems by 332.0% in the third quarter. Barclays PLC now owns 104,427 shares of the company's stock valued at $123,000 after acquiring an additional 80,255 shares during the last quarter. Finally, Geode Capital Management LLC raised its holdings in Rekor Systems by 5.5% during the third quarter. Geode Capital Management LLC now owns 1,813,380 shares of the company's stock worth $2,140,000 after acquiring an additional 94,907 shares in the last quarter. Institutional investors own 45.71% of the company's stock.

About Rekor Systems

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.