FY2025 EPS Estimates for Draganfly Lowered by HC Wainwright

Draganfly Inc. (NASDAQ:DPRO) – Research analysts at HC Wainwright dropped their FY2025 EPS estimates for shares of Draganfly in a report issued 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 prior estimate of ($0.50). HC Wainwright currently has a “Buy” rating and a $7.00 target price on the stock. The consensus estimate for Draganfly’s current full-year earnings is ($3.56) per share.

Draganfly (NASDAQ:DPRO) last issued its quarterly earnings data on Wednesday, March 26th. The company reported ($0.79) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.65) by ($0.14). The firm had revenue of $1.15 million for the quarter, compared to analyst estimates of $2.42 million. Draganfly had a negative return on equity of 1,487.09% and a negative net margin of 227.25%.

Draganfly Trading Down 4.1 %

Shares of DPRO stock opened at $2.13 on Monday. Draganfly has a fifty-two week low of $1.55 and a fifty-two week high of $9.13. The company has a quick ratio of 1.54, a current ratio of 1.94 and a debt-to-equity ratio of 0.07. The business has a fifty day simple moving average of $2.84 and a 200-day simple moving average of $3.12. The stock has a market cap of $4.20 million, a P/E ratio of -0.53 and a beta of 2.35.

Hedge Funds Weigh In On Draganfly

Several hedge funds have recently added to or reduced their stakes in DPRO. Virtu Financial LLC acquired a new stake in shares of Draganfly in the fourth quarter valued at approximately $51,000. Integrated Advisors Network LLC lifted its stake in Draganfly by 46.3% in the 4th quarter. Integrated Advisors Network LLC now owns 30,000 shares of the company’s stock valued at $120,000 after buying an additional 9,500 shares in the last quarter. Finally, Kieckhefer Group LLC acquired a new stake in Draganfly during the 4th quarter valued at $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.