Draganfly (DPRO) Scheduled to Post Earnings on Thursday

Draganfly (NASDAQ:DPRO) is scheduled to be posting its quarterly earnings results after the market closes on Thursday, November 14th. Analysts expect Draganfly to post earnings of ($1.01) per share for the quarter.

Draganfly (NASDAQ:DPRO) last announced its earnings results on Tuesday, August 13th. The company reported ($0.04) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.05) by $0.01. Draganfly had a negative net margin of 303.16% and a negative return on equity of 1,845.76%. The company had revenue of $1.27 million during the quarter, compared to analyst estimates of $2.07 million. On average, analysts expect Draganfly to post $-5 EPS for the current fiscal year and $-2 EPS for the next fiscal year.

Draganfly Stock Performance

DPRO traded up $0.03 during trading on Wednesday, hitting $2.38. The company’s stock had a trading volume of 9,598 shares, compared to its average volume of 103,600. The business’s 50 day simple moving average is $2.58 and its 200-day simple moving average is $4.28. The firm has a market cap of $4.69 million, a PE ratio of -0.37 and a beta of 2.24. Draganfly has a one year low of $1.55 and a one year high of $15.97. The company has a quick ratio of 0.56, a current ratio of 0.69 and a debt-to-equity ratio of 0.23.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the company. Maxim Group initiated coverage on Draganfly in a research report on Wednesday, October 2nd. They set a “buy” rating and a $7.00 target price on the stock. HC Wainwright lifted their price objective on Draganfly from $0.50 to $7.00 and gave the company a “buy” rating in a research report on Friday, September 6th.

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.