Research Analysts Issue Forecasts for Rekor Systems, Inc.’s Q4 2024 Earnings (NASDAQ:REKR)

Rekor Systems, Inc. (NASDAQ:REKR) – Stock analysts at William Blair issued their Q4 2024 earnings per share (EPS) estimates for Rekor Systems in a research note issued on Tuesday, March 26th. William Blair analyst L. Dipalma anticipates that the company will earn ($0.05) 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 ($0.24) per share.

Rekor Systems Stock Up 3.2 %

Shares of NASDAQ:REKR opened at $2.29 on Wednesday. Rekor Systems has a 52-week low of $1.00 and a 52-week high of $4.15. The stock has a market cap of $195.38 million, a P/E ratio of -3.15 and a beta of 2.13. The business’s 50 day moving average is $2.60 and its 200 day moving average is $2.85. The company has a quick ratio of 1.01, a current ratio of 1.47 and a debt-to-equity ratio of 0.75.

Institutional Trading of Rekor Systems

Hedge funds have recently bought and sold shares of the stock. Tejara Capital Ltd lifted its holdings in Rekor Systems by 43.6% during the third quarter. Tejara Capital Ltd now owns 745,581 shares of the company’s stock worth $2,103,000 after buying an additional 226,411 shares during the period. EAM Investors LLC purchased a new stake in Rekor Systems during the third quarter worth $1,348,000. Bank of New York Mellon Corp lifted its holdings in Rekor Systems by 128.6% during the third quarter. Bank of New York Mellon Corp now owns 26,873 shares of the company’s stock worth $76,000 after buying an additional 15,118 shares during the period. Jump Financial LLC purchased a new stake in Rekor Systems during the third quarter worth $39,000. Finally, Private Advisor Group LLC lifted its holdings in Rekor Systems by 25.4% during the third quarter. Private Advisor Group LLC now owns 55,180 shares of the company’s stock worth $152,000 after buying an additional 11,160 shares during the period. Hedge funds and other institutional investors own 45.71% of the company’s stock.

Rekor Systems Company Profile

Rekor Systems, Inc, a technology company, provides intelligent infrastructure solutions for transportation management, public safety, and urban mobility markets in the United States, Canada, and internationally. It leverages AI, machine learning, and holistic data to support the intelligent infrastructure for smart mobility.