FY2025 EPS Estimates for Draganfly Lowered by HC Wainwright

Draganfly Inc. (NASDAQ:DPRO) – Equities research analysts at HC Wainwright lowered their FY2025 earnings estimates for Draganfly in a report released on Thursday, April 3rd. HC Wainwright analyst S. Buck now expects that the company will post earnings per share of ($2.05) for the year, down from their previous estimate of ($0.50). HC Wainwright has a “Buy” rating and a $7.00 price target on the stock. The consensus estimate for Draganfly’s current full-year earnings is ($3.56) per share.

Draganfly Stock Down 2.3 %

NASDAQ DPRO opened at $2.08 on Monday. The company has a quick ratio of 1.54, a current ratio of 1.94 and a debt-to-equity ratio of 0.07. Draganfly has a fifty-two week low of $1.55 and a fifty-two week high of $9.13. The business has a 50 day moving average price of $2.81 and a two-hundred day moving average price of $3.11. The stock has a market cap of $4.10 million, a PE ratio of -0.51 and a beta of 2.35.

Draganfly (NASDAQ:DPRO) last issued its earnings results on Wednesday, March 26th. The company reported ($0.79) EPS for the quarter, missing analysts’ consensus estimates of ($0.65) by ($0.14). Draganfly had a negative net margin of 227.25% and a negative return on equity of 1,487.09%. The business had revenue of $1.15 million during the quarter, compared to analysts’ expectations of $2.42 million.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Integrated Advisors Network LLC increased its stake in Draganfly by 46.3% during the 4th quarter. Integrated Advisors Network LLC now owns 30,000 shares of the company’s stock worth $120,000 after buying an additional 9,500 shares during the period. Virtu Financial LLC acquired a new stake in shares of Draganfly during the fourth quarter valued at about $51,000. Finally, Kieckhefer Group LLC acquired a new stake in shares of Draganfly during the fourth quarter valued at about $467,000. 10.39% of the stock is currently owned by hedge funds and other institutional investors.

Draganfly Company Profile

Draganfly Inc develops, manufactures, and sells cutting-edge unmanned and remote data collection and analysis platforms and systems in the United States and Canada. The company offers quad-?copters, ???fixed wing ?aircrafts, ground based robots, handheld controllers, and flight training, as well as software ?used for tracking, live ???streaming, ?and data collection.