Brokers Issue Forecasts for Rekor Systems Q1 Earnings

Rekor Systems, Inc. (NASDAQ:REKR) – William Blair issued their Q1 2025 EPS estimates for shares of Rekor Systems in a report released on Tuesday, April 1st. William Blair analyst L. Dipalma expects that the company will post earnings of ($0.06) 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 ($0.57) per share. William Blair also issued estimates for Rekor Systems’ Q1 2025 earnings at ($0.06) EPS, Q3 2025 earnings at ($0.05) EPS, Q3 2025 earnings at ($0.05) EPS, FY2025 earnings at ($0.22) EPS, FY2026 earnings at ($0.09) EPS and FY2026 earnings at ($0.09) EPS.

Rekor Systems Price Performance

NASDAQ:REKR opened at $0.78 on Friday. The company has a quick ratio of 0.63, a current ratio of 0.76 and a debt-to-equity ratio of 0.37. The business’s 50-day moving average price is $1.48 and its 200 day moving average price is $1.29. Rekor Systems has a 52-week low of $0.74 and a 52-week high of $2.67. The firm has a market cap of $73.18 million, a P/E ratio of -1.20 and a beta of 2.07.

Rekor Systems (NASDAQ:REKR) last issued its quarterly earnings results 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 the consensus estimate of $12.91 million. Rekor Systems had a negative net margin of 119.54% and a negative return on equity of 119.85%.

Institutional Trading of Rekor Systems

A number of hedge funds and other institutional investors have recently made changes to their positions in REKR. Cantor Fitzgerald L. P. acquired a new position in Rekor Systems in the fourth quarter worth approximately $5,340,000. State Street Corp boosted its stake in shares of Rekor Systems by 14.7% during the 3rd quarter. State Street Corp now owns 1,514,044 shares of the company’s stock worth $1,787,000 after acquiring an additional 194,323 shares in the last quarter. LPL Financial LLC grew its holdings in shares of Rekor Systems by 1,666.6% in the 4th quarter. LPL Financial LLC now owns 204,133 shares of the company’s stock worth $318,000 after acquiring an additional 192,578 shares during the last quarter. Deutsche Bank AG raised its position in shares of Rekor Systems by 349.8% during the fourth quarter. Deutsche Bank AG now owns 227,639 shares of the company’s stock worth $355,000 after purchasing an additional 177,026 shares during the period. Finally, Prescott Group Capital Management L.L.C. purchased a new stake in shares of Rekor Systems during the fourth quarter valued at $257,000. 45.71% of the stock is currently owned by institutional investors.

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.