Knightscope (NASDAQ:KSCP) Earns Buy Rating from HC Wainwright

Knightscope (NASDAQ:KSCP)‘s stock had its “buy” rating restated by research analysts at HC Wainwright in a research report issued on Tuesday,Benzinga reports. They presently have a $12.00 price target on the stock. HC Wainwright’s price target suggests a potential upside of 237.08% from the stock’s current price.

Several other research firms have also recently commented on KSCP. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Knightscope in a research note on Monday, December 29th. Ascendiant Capital Markets dropped their target price on Knightscope from $27.00 to $25.00 and set a “buy” rating for the company in a research note on Thursday, December 11th. Three equities research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $15.00.

Knightscope Trading Down 5.8%

Knightscope stock opened at $3.56 on Tuesday. The stock has a 50-day moving average price of $4.03 and a 200 day moving average price of $5.05. Knightscope has a 52 week low of $2.45 and a 52 week high of $10.14. The stock has a market cap of $39.77 million, a PE ratio of -0.90 and a beta of 1.73. The company has a current ratio of 3.62, a quick ratio of 3.37 and a debt-to-equity ratio of 0.15.

Knightscope (NASDAQ:KSCP) last released its quarterly earnings results on Wednesday, November 12th. The company reported ($0.98) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.72) by ($0.26). The firm had revenue of $3.13 million for the quarter, compared to analyst estimates of $2.63 million. Knightscope had a negative return on equity of 156.57% and a negative net margin of 256.09%. Equities research analysts predict that Knightscope will post -12.15 earnings per share for the current fiscal year.

Institutional Trading of Knightscope

A number of institutional investors and hedge funds have recently bought and sold shares of KSCP. Total Investment Management Inc. acquired a new position in Knightscope during the second quarter valued at approximately $25,000. International Assets Investment Management LLC purchased a new stake in Knightscope during the 4th quarter worth $26,000. Independent Advisor Alliance acquired a new stake in Knightscope in the 4th quarter valued at $37,000. LPL Financial LLC acquired a new stake in Knightscope in the 4th quarter valued at $53,000. Finally, Concurrent Investment Advisors LLC raised its position in Knightscope by 42.3% in the fourth quarter. Concurrent Investment Advisors LLC now owns 18,500 shares of the company’s stock valued at $69,000 after purchasing an additional 5,500 shares during the period. Institutional investors and hedge funds own 14.61% of the company’s stock.

About Knightscope

Knightscope, Inc (NASDAQ: KSCP) is a technology company specializing in the design and deployment of autonomous security robots. The firm offers a robotics-as-a-service platform that integrates self-driving devices with artificial intelligence and machine learning capabilities to enhance perimeter security, detect anomalies and deliver real-time incident reporting.

Since its founding in 2013 and headquartered in Mountain View, California, Knightscope has developed a series of fully autonomous models—designated K1 through K7—suited for indoor and outdoor environments.