FY2025 EPS Estimates for Draganfly Reduced by HC Wainwright

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

Draganfly (NASDAQ:DPRO) last posted 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 business had revenue of $1.15 million for the quarter, compared to the consensus estimate of $2.42 million. Draganfly had a negative net margin of 227.25% and a negative return on equity of 1,487.09%.

Draganfly Stock Performance

Shares of DPRO opened at $2.05 on Monday. Draganfly has a 12-month low of $1.55 and a 12-month high of $9.13. The company has a current ratio of 1.94, a quick ratio of 1.54 and a debt-to-equity ratio of 0.07. The company has a market cap of $4.04 million, a PE ratio of -0.51 and a beta of 2.35. The stock has a 50-day moving average price of $2.76 and a 200-day moving average price of $3.11.

Institutional Investors Weigh In On Draganfly

Several hedge funds have recently bought and sold shares of the stock. Integrated Advisors Network LLC raised its position in shares of Draganfly by 46.3% during 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. Virtu Financial LLC bought a new position in Draganfly in the fourth quarter valued at $51,000. Finally, Kieckhefer Group LLC bought a new stake in Draganfly during the fourth quarter worth about $467,000. 10.39% of the stock is currently owned by 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.