Rekor Systems (REKR) Stock Price, News & Analysis

Company Overview

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. It also offers Rekor AutoNotice, a cloud-based financial management application that delivers a turnkey information and citation management solution for cities, states, and municipalities for primary and secondary offenses; and Rekor CarCheck, which allows its AI based vehicle and license plate recognition technology to be accessed for a range of commercial applications. In addition, the company offers Rekor Edge Max System, a fixed traffic data collection system that captures and transforms roadway data into holistic traffic insights; Rekor Edge Pro, a vehicle recognition solution that is used on a standalone basis or integrated into a network; and Rekor Edge Flex, a portable data collection system. Further, it provides traffic services, including traditional traffic studies, which delivers data and insights for planning and management of roadway infrastructure and commercial initiatives; innovative AI-driven traffic studies for traffic management; and traffic engineering services. The company was incorporated in 2017 and is headquartered in Columbia, Maryland.

Key Stats

• Today's Range: $0.89 to $0.95
• 50-Day Range: $0.82 to $1.22
• 52-Week Range: $0.81 to $3.92
• Volume: 748,084 shs
• Average Volume: 1.17 million shs
• Market Capitalization: $86.55 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: Buy

Rekor Systems Stock Analysis - MarketRank™

Rekor Systems scored higher than 8% of companies evaluated by MarketBeat, and ranked 630th out of 648 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Rekor Systems.

Earnings and Valuation

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

Earnings Growth

Earnings for Rekor Systems are expected to grow in the coming year, from ($0.49) to ($0.17) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Rekor Systems is -1.42, 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 Rekor Systems is -1.42, 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

Rekor Systems has a P/B Ratio of 1.92. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

16.64% of the outstanding shares of Rekor Systems have been sold short.

Short Interest Ratio / Days to Cover

Rekor Systems has a short interest ratio ("days to cover") of 16.7, which indicates bearish sentiment.

Change versus previous month

Short interest in Rekor Systems has recently decreased by 2.13%, indicating that investor sentiment is improving.

Dividend

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

Dividend Yield

Rekor Systems does not currently pay a dividend.

Dividend Growth

Rekor Systems does not have a long track record of dividend growth.

Sustainability and ESG

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

Percentage of Shares Shorted

16.64% of the outstanding shares of Rekor Systems have been sold short.

Short Interest Ratio / Days to Cover

Rekor Systems has a short interest ratio ("days to cover") of 16.7, which indicates bearish sentiment.

Change versus previous month

Short interest in Rekor Systems has recently decreased by 2.13%, indicating that investor sentiment is improving.

News and Social Media

• Score: 3.0 / 5
• News Sentiment: 0.32

News Sentiment

Rekor Systems has a news sentiment score of 0.32. 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 10 news articles for Rekor Systems this week, compared to 2 articles on an average week.

Search Interest

31 people have searched for REKR on MarketBeat in the last 30 days. This is an increase of 121% compared to the previous 30 days.

MarketBeat Follows

3 people have added Rekor Systems to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

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

Percentage Held by Insiders

Only 5.20% of the stock of Rekor Systems is held by insiders.

Percentage Held by Institutions

45.71% of the stock of Rekor Systems is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

REKR Stock Analysis - Frequently Asked Questions

How have REKR shares performed this year?

Rekor Systems' stock was trading at $3.33 at the beginning of 2024. Since then, REKR stock has decreased by 72.3% and is now trading at $0.9225.
View the best growth stocks for 2024 here.

How were Rekor Systems' earnings last quarter?

Rekor Systems, Inc. (NASDAQ:REKR) issued its earnings results on Monday, March, 27th. The company reported ($0.19) EPS for the quarter, topping the consensus estimate of ($0.20) by $0.01. Rekor Systems had a negative trailing twelve-month return on equity of 119.85% and a negative net margin of 119.54%.

Who are Rekor Systems' major shareholders?

Top institutional shareholders of Rekor Systems include Geode Capital Management LLC (2.05%), State Street Corp (1.71%), SG Americas Securities LLC (0.81%) and XTX Topco Ltd (0.14%). Insiders that own company stock include Arctis Global Llc, Robert Alan Berman and Eyal Hen.
View institutional ownership trends.

How do I buy shares of Rekor Systems?

Shares of REKR 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 Rekor Systems own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Rekor Systems investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Tesla (TSLA), NanoViricides (NNVC), Intel (INTC) and Broadcom (AVGO).

Company Calendar

• Last Earnings: 3/27/2023
• Today: 11/20/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Communications equipment, not elsewhere classified
• Sub-Industry: Electronic Equipment
• Current Symbol: NASDAQ:REKR
• CUSIP: N/A
• CIK: 1697851
• Web: www.rekorsystems.com
• Phone: (410) 762-0800
• Fax: N/A
• Employees: 250
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($0.65)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-45,690,000.00
• Net Margins: -119.54%
• Pretax Margin: -119.47%
• Return on Equity: -119.85%
• Return on Assets: -52.59%

Debt

• Debt-to-Equity Ratio: 0.37
• Current Ratio: 0.76
• Quick Ratio: 0.63

Sales & Book Value

• Annual Sales: $34.93 million
• Price / Sales: 2.48
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.48 per share
• Price / Book: 1.92

Miscellaneous

• Outstanding Shares: 93,820,000
• Free Float: 88,946,000
• Market Cap: $86.55 million
• Optionable: Optionable
• Beta: 1.97