Draganfly (NASDAQ:DPRO – Free Report) had its target price cut by HC Wainwright from $1.00 to $0.50 in a research report released on Wednesday morning, Benzinga reports. They currently have a buy rating on the stock. HC Wainwright also issued estimates for Draganfly’s FY2024 earnings at ($0.17) EPS and FY2025 earnings at ($0.09) EPS.
Draganfly Price Performance
Shares of NASDAQ:DPRO opened at $0.14 on Wednesday. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.08 and a quick ratio of 0.86. The stock has a market cap of $6.68 million, a price-to-earnings ratio of -0.44 and a beta of 2.31. The company has a 50 day moving average of $0.20 and a 200-day moving average of $0.24. Draganfly has a one year low of $0.10 and a one year high of $1.04.
Draganfly (NASDAQ:DPRO – Get Free Report) last released its earnings results on Tuesday, May 14th. The company reported ($0.02) EPS for the quarter, topping analysts’ consensus estimates of ($0.06) by $0.04. Draganfly had a negative net margin of 292.78% and a negative return on equity of 497.78%. The firm had revenue of $0.99 million during the quarter, compared to analyst estimates of $1.29 million. During the same quarter in the previous year, the business earned ($0.15) EPS. On average, sell-side analysts forecast that Draganfly will post -0.15 earnings per share for the current year.
Institutional Trading of Draganfly
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.
See Also
- Five stocks we like better than Draganfly
- What are earnings reports?
- Bumble’s Valuation Hits an All-Time Low, Can Its Fortunes Change?
- Technology Stocks Explained: Here’s What to Know About Tech
- MarketBeat Week in Review – 8/12 – 8/16
- Stock Analyst Ratings and Canadian Analyst Ratings
- JD.com Earnings Surprise: China’s Outlook Better Than Expected
Receive News & Ratings for Draganfly Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Draganfly and related companies with MarketBeat.com's FREE daily email newsletter.