Should I buy or sell Rekor Systems stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Rekor Systems in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" REKR shares. View REKR analyst ratings or view top-rated stocks .

What is Rekor Systems' stock price target for 2024?

1 Wall Street research analysts have issued 12 month price targets for Rekor Systems' shares. Their REKR share price targets range from $3.75 to $4.00. On average, they predict the company's share price to reach $3.88 in the next year. This suggests a possible upside of 40.9% from the stock's current price. View analysts price targets for REKR or view top-rated stocks among Wall Street analysts .

How have REKR shares performed in 2024?

Rekor Systems' stock was trading at $3.33 at the beginning of the year. Since then, REKR stock has decreased by 17.4% and is now trading at $2.75. View the best growth stocks for 2024 here .

When is Rekor Systems' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, March 25th 2024. View our REKR earnings forecast .

How were Rekor Systems' earnings last quarter?

Rekor Systems, Inc. (NASDAQ:REKR) released its quarterly earnings data on Tuesday, November, 14th. The company reported ($0.16) EPS for the quarter, missing analysts' consensus estimates of ($0.15) by $0.01. The business had revenue of $9.12 million for the quarter, compared to the consensus estimate of $9.31 million. Rekor Systems had a negative trailing twelve-month return on equity of 89.12% and a negative net margin of 137.04%.

What other stocks do shareholders of Rekor Systems own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Rekor Systems investors own include Cytosorbents (CTSO) , Micron Technology (MU) , Delta Air Lines (DAL) , NVIDIA (NVDA) , Tesla (TSLA) , Blink Charging (BLNK) , Domino's Pizza (DPZ) .

Who are Rekor Systems' major shareholders?

Rekor Systems' stock is owned by a number of institutional and retail investors. Top institutional shareholders include D. Scott Neal Inc. (2.46%), Coombe Bender & Co LLC (0.25%), Private Advisor Group LLC (0.10%), Anthracite Investment Company Inc. (0.09%), Jump Financial LLC (0.08%) and National Bank of Canada FI (0.06%). Insiders that own company stock include Arctis Global Llc, Eyal Hen , Glenn S Goord , Goldman Sachs Group Inc, Matthew Anthony Hill , Robert Alan Berman and Rodney Hillman . 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 .

NASDAQ:REKR

Rekor Systems (REKR) Stock Price, News & Analysis

$2.75

+0.08 (+3.00%)

(As of 02/9/2024 08:56 PM ET)

Compare

Today's Range: $2.62
▼
$2.76
50-Day Range: $2.59
▼
$3.87
52-Week Range: $1.00
▼
$4.15

Volume: 1.31 million shs
Average Volume: 1.02 million shs
Market Capitalization: $200.48 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $3.88

Get Rekor Systems alerts:

Rekor Systems MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 40.9% Upside
$3.88 Price Target
Short Interest: Bearish
13.78% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.37
Based on 11 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.68) to ($0.32) Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.07 out of 5 stars

Computer And Technology Sector

501st out of 585 stocks

Communications Equipment, Not Elsewhere Classified Industry

11th out of 11 stocks

3.5

Analyst's Opinion

Consensus Rating
Rekor Systems has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $3.88, Rekor Systems has a forecasted upside of 40.9% from its current price of $2.75.
Amount of Analyst Coverage
Rekor Systems has received no research coverage in the past 90 days.

0.0

Short Interest

Percentage of Shares Shorted
13.78% 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 11, which indicates bearish sentiment.
Change versus previous month
Short interest in Rekor Systems has recently increased by 2.47%, indicating that investor sentiment is decreasing.

0.0

Dividend Strength

Dividend Yield
Rekor Systems does not currently pay a dividend.
Dividend Growth
Rekor Systems does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for REKR.

2.4

News and Social Media Coverage

News Sentiment
Rekor Systems has a news sentiment score of 0.37. 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 0.72 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 11 news articles for Rekor Systems this week, compared to 2 articles on an average week.
Search Interest
Only 20 people have searched for REKR on MarketBeat in the last 30 days. This is a decrease of -17% compared to the previous 30 days.
MarketBeat Follows
4 people have added Rekor Systems to their MarketBeat watchlist in the last 30 days. This is an increase of 33% compared to the previous 30 days.

0.8

Company Ownership

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 8.40% of the stock of Rekor Systems is held by insiders.
Percentage Held by Institutions
40.56% of the stock of Rekor Systems is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Rekor Systems are expected to grow in the coming year, from ($0.68) to ($0.32) per share.
Price to Book Value per Share Ratio
Rekor Systems has a P/B Ratio of 3.02. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Rekor Systems Stock (NASDAQ:REKR)

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. The company's platforms include Rekor One, an AI-powered roadway intelligence platform; Rekor Command, a comprehensive cross-agency platform that provides 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 fully automates comprehensive analytics and actionable insights about the movement of objects across the roadway; and Rekor Scout platform, which fully automates previously manual processes with collaborative solutions that keep all stakeholders apprised of developing situations and accelerate reaction times to incidents and offenders. The company also offers Rekor AutoNotice, a cloud-based financial management application that delivers an 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 conveniently accessed for a range of commercial applications. In addition, it offers Rekor Edge Max System, a fixed traffic data collection system; Rekor Edge Pro, a vehicle recognition solution; and Rekor Edge Flex, a portable data collection system. Rekor Systems, Inc. was incorporated in 2017 and is headquartered in Columbia, Maryland.

REKR Stock Price History

30 days | 90 days | 365 days | Advanced Chart

REKR Stock News Headlines

February 10, 2024 | msn.com

Rekor Systems Inc Announces Strategic Public Offering Launch

February 10, 2024 | msn.com

Rekor Systems Raises $22.9M in Public Share Offering

February 12, 2024 | The Freeport Society (Ad)

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February 9, 2024 | finanznachrichten.de

Rekor Systems, Inc.: Rekor Systems Announces Closing of Follow-On Public Offering of Common Stock

February 9, 2024 | finance.yahoo.com

Rekor Systems Announces Closing of Follow-On Public Offering of Common Stock

February 7, 2024 | finanznachrichten.de

Rekor Systems, Inc.: Rekor Systems Announces Pricing of Follow-On Public Offering of Common Stock

February 7, 2024 | marketwatch.com

Rekor Systems Shares Fall Premarket on Planned Stock Offering

February 7, 2024 | msn.com

Rekor Systems Updates Investor Presentation with Forecasts

February 12, 2024 | The Freeport Society (Ad)

Obama’s 2024 Confession

February 7, 2024 | finance.yahoo.com

Rekor Systems Announces Pricing of Follow-On Public Offering of Common Stock

February 6, 2024 | finanznachrichten.de

Rekor Systems, Inc.: Rekor Systems Launches Proposed Follow-On Public Offering of Common Stock

February 6, 2024 | finance.yahoo.com

Rekor Systems Launches Proposed Follow-On Public Offering of Common Stock

January 31, 2024 | finance.yahoo.com

Rekor Systems Insider Ups Holding During Year

January 30, 2024 | finance.yahoo.com

Rekor Discover(TM) Broadens Reach in Western U.S. with New Expansion

January 22, 2024 | msn.com

Rekor Systems secures five-year traffic counting contract in Georgia

January 22, 2024 | finanznachrichten.de

Rekor Systems, Inc.: Rekor Systems Secures Five-Year Traffic Counting Contract With Gwinnett GA Department of Transportation

January 20, 2024 | benzinga.com

Rekor Systems Stock (NASDAQ:REKR) Insider Trades

January 18, 2024 | finance.yahoo.com

Rekor Systems Secures Over $3 Million in Public Safety and Licensing Contracts

January 16, 2024 | finance.yahoo.com

Rekor Partners with Philadelphia Industrial Development Corporation to Transform Philadelphia Navy Yard Pilot Into Digital Infrastructure Hub for Roadways

January 10, 2024 | finanznachrichten.de

Rekor Systems, Inc.: Rekor Systems Announces Date for 2024 Annual Meeting of Stockholders

January 10, 2024 | finance.yahoo.com

Rekor Systems Announces Date for 2024 Annual Meeting of Stockholders

January 8, 2024 | finance.yahoo.com

Rekor Systems and Kistler Partner to Deliver Breakthrough Roadway Intelligence to Protect Bridges & Roadway Infrastructure Against Dangerous Overweight Vehicles

January 6, 2024 | benzinga.com

Rekor Systems Stock (NASDAQ:REKR), Short Interest Report

January 6, 2024 | benzinga.com

Rekor Systems Stock (NASDAQ:REKR) Dividends: History, Yield and Dates

January 4, 2024 | finanznachrichten.de

Rekor Systems, Inc.: Rekor Announces $2.1 Million Contract Expansion with Texas Department of Transportation

January 4, 2024 | finance.yahoo.com

Rekor Announces $2.1 Million Contract Expansion with Texas Department of Transportation

January 3, 2024 | finanznachrichten.de

Rekor Systems, Inc.: Rekor Systems Strengthens Position in Urban Mobility with Acquisition of All Traffic Data Services, LLC

See More Headlines

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Company Calendar

Last Earnings: 11/14/2023
Today: 2/12/2024
Next Earnings (Estimated): 3/25/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Computer and Technology
Industry: Communications equipment, not elsewhere classified
Sub-Industry: N/A
Current Symbol: NASDAQ:REKR
CUSIP: N/A
CIK: 1697851
Web: www.rekorsystems.com
Phone: (410) 762-0800
Fax: N/A
Employees: 267
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $3.88
High Stock Price Target: $4.00
Low Stock Price Target: $3.75
Potential Upside/Downside: +40.9%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-83,110,000.00
Net Margins: -137.04%
Pretax Margin: -137.32%
Return on Equity: -89.12%
Return on Assets: -47.61%

Debt

Debt-to-Equity Ratio: 0.23
Current Ratio: 1.22
Quick Ratio: 1.01

Sales & Book Value

Annual Sales: $19.92 million
Price / Sales: 9.55
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $0.91 per share
Price / Book: 3.02

Miscellaneous

Outstanding Shares: 69,150,000
Free Float: 63,339,000
Market Cap: $190.16 million
Optionable: Optionable
Beta: 2.23

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Key Executives

Mr. Robert Alan Berman (Age 63)
Executive Chairman & CEO
Comp: $710.09k
Mr. David Philip Desharnais (Age 52)
President & COO
Comp: $972.22k
Mr. Eyal Hen (Age 51)
Chief Financial Officer
Comp: $452.2k
Mr. Christopher Kadoch
Chief Technology Officer
Mr. Mathew Anthony Hill (Age 40)
Chief Science Officer
Mr. Bulent S. Ozcan C.F.A.
Director of Investor Relations
Mr. Claud V. S. Eley
Outside General Counsel
Mr. Charles A. Degliomini (Age 65)
Executive Vice President of Government Relations & Corporate Communications
Ms. Debra Shakerdge-Hennessy
Chief People Officer
Mr. Riaz Latifullah (Age 67)
Executive Vice President of Strategic Program Development
Comp: $355.26k

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

REKR Stock Analysis - Frequently Asked Questions

Should I buy or sell Rekor Systems stock right now?: 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Rekor Systems in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" REKR shares.
View REKR analyst ratings or view top-rated stocks.
What is Rekor Systems' stock price target for 2024?: 1 Wall Street research analysts have issued 12 month price targets for Rekor Systems' shares. Their REKR share price targets range from $3.75 to $4.00. On average, they predict the company's share price to reach $3.88 in the next year. This suggests a possible upside of 40.9% from the stock's current price.
View analysts price targets for REKR or view top-rated stocks among Wall Street analysts.
How have REKR shares performed in 2024?: Rekor Systems' stock was trading at $3.33 at the beginning of the year. Since then, REKR stock has decreased by 17.4% and is now trading at $2.75.
View the best growth stocks for 2024 here.
When is Rekor Systems' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, March 25th 2024.
View our REKR earnings forecast.

How were Rekor Systems' earnings last quarter?: Rekor Systems, Inc. (NASDAQ:REKR) released its quarterly earnings data on Tuesday, November, 14th. The company reported ($0.16) EPS for the quarter, missing analysts' consensus estimates of ($0.15) by $0.01. The business had revenue of $9.12 million for the quarter, compared to the consensus estimate of $9.31 million. Rekor Systems had a negative trailing twelve-month return on equity of 89.12% and a negative net margin of 137.04%.
What other stocks do shareholders of Rekor Systems own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Rekor Systems investors own include Cytosorbents (CTSO), Micron Technology (MU), Delta Air Lines (DAL), NVIDIA (NVDA), Tesla (TSLA), Blink Charging (BLNK), Domino's Pizza (DPZ).
Who are Rekor Systems' major shareholders?: Rekor Systems' stock is owned by a number of institutional and retail investors. Top institutional shareholders include D. Scott Neal Inc. (2.46%), Coombe Bender & Co LLC (0.25%), Private Advisor Group LLC (0.10%), Anthracite Investment Company Inc. (0.09%), Jump Financial LLC (0.08%) and National Bank of Canada FI (0.06%). Insiders that own company stock include Arctis Global Llc, Eyal Hen, Glenn S Goord, Goldman Sachs Group Inc, Matthew Anthony Hill, Robert Alan Berman and Rodney Hillman.
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.

This page (NASDAQ:REKR) was last updated on 2/12/2024 by MarketBeat.com Staff

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