Rekor Systems Q1 EPS Forecast Lowered by Northland Capmk

Rekor Systems, Inc. (NASDAQ:REKR) – Research analysts at Northland Capmk decreased their Q1 2025 earnings per share estimates for Rekor Systems in a report issued on Tuesday, April 1st. Northland Capmk analyst M. Latimore now anticipates that the company will post earnings per share of ($0.09) for the quarter, down from their previous 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.

Separately, William Blair reiterated an “outperform” rating on shares of Rekor Systems in a research report on Tuesday, April 1st.

Rekor Systems Trading Down 10.2 %

Shares of NASDAQ:REKR opened at $0.70 on Friday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.63 and a current ratio of 0.76. The stock has a market capitalization of $65.69 million, a price-to-earnings ratio of -1.08 and a beta of 2.07. Rekor Systems has a 1-year low of $0.65 and a 1-year high of $2.67. The company has a 50 day moving average price of $1.46 and a 200 day moving average price of $1.28.

Rekor Systems (NASDAQ:REKR) last posted its quarterly earnings data on Monday, March 31st. The company reported ($0.22) earnings per share for the quarter, missing the consensus estimate of ($0.09) by ($0.13). Rekor Systems had a negative net margin of 119.54% and a negative return on equity of 119.85%. The business had revenue of $13.28 million for the quarter, compared to the consensus estimate of $12.91 million.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. State Street Corp raised its holdings in shares of Rekor Systems by 14.7% during the third quarter. State Street Corp now owns 1,514,044 shares of the company’s stock valued at $1,787,000 after acquiring an additional 194,323 shares during the period. Barclays PLC raised its stake in Rekor Systems by 332.0% during the 3rd quarter. Barclays PLC now owns 104,427 shares of the company’s stock valued at $123,000 after purchasing an additional 80,255 shares during the period. Geode Capital Management LLC lifted its holdings in shares of Rekor Systems by 5.5% in the third quarter. Geode Capital Management LLC now owns 1,813,380 shares of the company’s stock valued at $2,140,000 after purchasing an additional 94,907 shares in the last quarter. SG Americas Securities LLC boosted its position in shares of 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 buying an additional 18,740 shares during the period. Finally, XTX Topco Ltd purchased a new position in shares of Rekor Systems during the third quarter valued at $142,000. 45.71% of the stock is currently owned by institutional investors and hedge funds.

About Rekor Systems

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.