Duos Technologies Group (NASDAQ:DUOT) Posts Earnings Results, Misses Expectations By $0.12 EPS

Duos Technologies Group (NASDAQ:DUOT) issued its quarterly earnings results on Friday. The company reported ($0.15) EPS for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.12), FiscalAI reports. Duos Technologies Group had a negative return on equity of 36.45% and a negative net margin of 36.40%.The company had revenue of $2.72 million during the quarter, compared to the consensus estimate of $9.60 million.

Duos Technologies Group Trading Up 4.4%

DUOT stock opened at $8.97 on Friday. The stock has a market capitalization of $264.97 million, a PE ratio of -13.59 and a beta of 1.06. Duos Technologies Group has a 12-month low of $5.78 and a 12-month high of $12.17. The stock’s 50 day simple moving average is $7.81 and its 200 day simple moving average is $9.05.

Hedge Funds Weigh In On Duos Technologies Group

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Squarepoint Ops LLC bought a new position in Duos Technologies Group in the 4th quarter valued at approximately $134,000. Worth Venture Partners LLC bought a new position in Duos Technologies Group in the 3rd quarter valued at approximately $138,000. HRT Financial LP purchased a new stake in Duos Technologies Group during the 4th quarter valued at $170,000. Osaic Holdings Inc. purchased a new stake in Duos Technologies Group during the 4th quarter valued at $188,000. Finally, Barclays PLC raised its stake in Duos Technologies Group by 921.3% during the 4th quarter. Barclays PLC now owns 18,241 shares of the company’s stock valued at $205,000 after buying an additional 16,455 shares during the last quarter. 42.61% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of analysts have recently commented on the company. Zacks Research cut Duos Technologies Group from a “hold” rating to a “strong sell” rating in a research report on Wednesday, April 22nd. Ascendiant Capital Markets boosted their price target on Duos Technologies Group from $14.00 to $17.00 and gave the stock a “buy” rating in a research report on Friday, April 17th. Weiss Ratings reissued a “sell (d-)” rating on shares of Duos Technologies Group in a research report on Monday, April 20th. Finally, Wall Street Zen raised Duos Technologies Group from a “sell” rating to a “hold” rating in a research report on Sunday, April 19th. One equities research analyst has rated the stock with a Buy rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, Duos Technologies Group has an average rating of “Reduce” and a consensus price target of $17.00.

Duos Technologies Group Company Profile

Duos Technologies Group, Inc provides advanced non-intrusive security and inspection solutions utilizing motion-based and artificial intelligence technologies. The company’s core offerings include intelligent video analytics, RFID checkpoint systems, and specialized screening devices designed to detect security threats and contraband across transportation, logistics and critical infrastructure environments. Duos integrates proprietary hardware with software to deliver automated inspection and monitoring tools that enhance safety and operational efficiency.

Among its primary products are automated gate-entry systems, railcar inspection portals and portable screening devices that use AI-driven image recognition and sensor fusion to identify objects such as unauthorized materials, pipeline anomalies or vehicle defects.