Draganfly (DPRO) Stock Price, News & Analysis

Company Overview

Draganfly Inc. develops, manufactures, and sells cutting-edge unmanned and remote data collection and analysis platforms and systems in the United States and Canada. The company offers quad-?copters, ???fixed wing ?aircrafts, ground based robots, handheld controllers, and flight training, as well as software ?used for tracking, live ???streaming, ?and data collection. It also operates a ?health/telehealth platform that is a set of ?technologies ?that remotely detects various biometrics, such as heart rate, oxygen saturation, and blood ?pressure. In addition, the company provides ?sanitary spraying services to indoor and outdoor public ?gathering spaces, ?including sport stadiums and ?fields; and custom engineering, training, consulting, flight, and geographic information systems data services. It serves public safety, agriculture, industrial ?inspections, and mapping and surveying ?markets. Draganfly Inc. was founded in 1998 and is headquartered in Saskatoon, Canada.

Key Stats

• Today's Range: $2.20 to $2.48
• 50-Day Range: $1.99 to $3.70
• 52-Week Range: $1.55 to $15.00
• Volume: 72,323 shs
• Average Volume: 71,803 shs
• Market Capitalization: $4.55 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $6.00
• Consensus Rating: Buy

Draganfly Stock Analysis - MarketRank™

Draganfly scored higher than 56% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Draganfly has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Draganfly has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Draganfly are expected to grow in the coming year, from ($5.03) to ($1.89) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Draganfly is -0.57, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Draganfly is -0.57, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Draganfly has a P/B Ratio of 15.40. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.72% of the float of Draganfly has been sold short.

Short Interest Ratio / Days to Cover

Draganfly has a short interest ratio ("days to cover") of 0.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Draganfly has recently decreased by 12.91%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Draganfly does not currently pay a dividend.

Dividend Growth

Draganfly does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

3.72% of the float of Draganfly has been sold short.

Short Interest Ratio / Days to Cover

Draganfly has a short interest ratio ("days to cover") of 0.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Draganfly has recently decreased by 12.91%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.2 / 5
• News Sentiment: 0.03

News Sentiment

Draganfly has a news sentiment score of 0.03. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.58 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 12 news articles for Draganfly this week, compared to 2 articles on an average week.

Search Interest

16 people have searched for DPRO on MarketBeat in the last 30 days. This is an increase of 433% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Draganfly insiders have not sold or bought any company stock.

Percentage Held by Institutions

Only 10.39% of the stock of Draganfly is held by institutions.

DPRO Stock Analysis - Frequently Asked Questions

How have DPRO shares performed this year?

Draganfly's stock was trading at $11.9875 on January 1st, 2024. Since then, DPRO stock has decreased by 80.7% and is now trading at $2.31.
View the best growth stocks for 2024 here.

How were Draganfly's earnings last quarter?

Draganfly Inc. (NASDAQ:DPRO) posted its quarterly earnings data on Tuesday, May, 14th. The company reported ($0.50) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($1.50) by $1.00. The company earned $0.99 million during the quarter, compared to analyst estimates of $1.29 million. Draganfly had a negative trailing twelve-month return on equity of 1,487.09% and a negative net margin of 227.25%.

When did Draganfly's stock split?

Draganfly shares reverse split before market open on Thursday, September 5th 2024. The 1-25 reverse split was announced on Friday, August 23rd 2024. The number of shares owned by shareholders was adjusted after the market closes on Wednesday, September 4th 2024. An investor that had 100 shares of stock prior to the reverse split would have 4 shares after the split.

Who are Draganfly's major shareholders?

Draganfly's top institutional shareholders include Integrated Advisors Network LLC (0.04%) and Ground Swell Capital LLC (0.02%).

How do I buy shares of Draganfly?

Shares of DPRO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Draganfly own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Draganfly investors own include Organigram (OGI), Ford Motor (F), NVIDIA (NVDA), SoFi Technologies (SOFI), Upstart (UPST), Opendoor Technologies (OPEN) and Palantir Technologies (PLTR).

Company Calendar

• Last Earnings: 5/14/2024
• Today: 11/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Aircraft
• Sub-Industry: Aircraft
• Current Symbol: NASDAQ:DPRO
• CUSIP: N/A
• CIK: 1786286
• Web: www.draganfly.com
• Phone: 800-979-9794
• Fax: N/A
• Employees: 40
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $6.00
• High Stock Price Target: $7.00
• Low Stock Price Target: $5.00
• Potential Upside/Downside: +159.7%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($4.04)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-17,490,000.00
• Net Margins: -227.25%
• Pretax Margin: -227.01%
• Return on Equity: -1,487.09%
• Return on Assets: -159.71%

Debt

• Debt-to-Equity Ratio: 0.07
• Current Ratio: 1.94
• Quick Ratio: 1.54

Sales & Book Value

• Annual Sales: $5.86 million
• Price / Sales: 0.78
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.15 per share
• Price / Book: 15.40

Miscellaneous

• Outstanding Shares: 1,972,000
• Free Float: N/A
• Market Cap: $4.56 million
• Optionable: Optionable
• Beta: 2.24