Rekor Systems, Inc. (NASDAQ:REKR – Free Report) – Research analysts at Northland Capmk cut their Q1 2025 EPS estimates for shares of Rekor Systems in a note issued to investors on Tuesday, April 1st. Northland Capmk analyst M. Latimore now anticipates that the company will post earnings of ($0.09) per share for the quarter, down from their prior forecast 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.
Rekor Systems (NASDAQ:REKR – Get Free Report) last announced its quarterly earnings data on Monday, March 31st. The company reported ($0.22) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.09) by ($0.13). The firm had revenue of $13.28 million for the quarter, compared to analyst estimates of $12.91 million. Rekor Systems had a negative return on equity of 119.85% and a negative net margin of 119.54%.
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Rekor Systems Price Performance
Rekor Systems stock opened at $0.70 on Friday. The stock has a fifty day moving average of $1.46 and a 200-day moving average of $1.28. The stock has a market capitalization of $65.69 million, a P/E ratio of -1.08 and a beta of 2.07. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.63 and a current ratio of 0.76. Rekor Systems has a 52 week low of $0.65 and a 52 week high of $2.67.
Institutional Investors Weigh In On Rekor Systems
Several institutional investors and hedge funds have recently made changes to their positions in the business. Cantor Fitzgerald L. P. bought a new stake in Rekor Systems in the fourth quarter valued at $5,340,000. Geode Capital Management LLC lifted its position in shares of Rekor Systems by 7.1% during the 4th quarter. Geode Capital Management LLC now owns 1,942,624 shares of the company’s stock worth $3,031,000 after buying an additional 129,244 shares in the last quarter. State Street Corp grew its stake in Rekor Systems by 14.7% in the 3rd quarter. State Street Corp now owns 1,514,044 shares of the company’s stock valued at $1,787,000 after purchasing an additional 194,323 shares during the period. SG Americas Securities LLC raised its position in Rekor Systems by 2.7% in the fourth quarter. SG Americas Securities LLC now owns 712,681 shares of the company’s stock worth $1,112,000 after acquiring an additional 18,740 shares during the period. Finally, Northern Trust Corp lifted its position in shares of Rekor Systems by 2.1% during the 4th quarter. Northern Trust Corp now owns 599,376 shares of the company’s stock valued at $935,000 after buying an additional 12,100 shares during the last quarter. Institutional investors 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.
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