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NASDAQ:RCAT

Red Cat (RCAT) Stock Price, News & Analysis

$3.17
+0.19 (+6.38%)
(As of 10:47 AM ET)
Today's Range
$2.98
$3.27
50-Day Range
$0.97
$3.00
52-Week Range
$0.52
$3.27
Volume
915,073 shs
Average Volume
696,094 shs
Market Capitalization
$236.48 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$4.00

Red Cat MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
34.2% Upside
$4.00 Price Target
Short Interest
Healthy
5.24% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.58 out of 5 stars

Business Services Sector

228th out of 300 stocks

Prepackaged Software Industry

165th out of 197 stocks

RCAT stock logo

About Red Cat Stock (NASDAQ:RCAT)

Red Cat Holdings, Inc. engages in the provision of various products, services, and solutions to the drone industry. The company operates through two segments: Enterprise and Consumer. It built infrastructure to manages drone fleets and fly, and provide services remotely, navigate confined industrial interior spaces and dangerous military environment. Red Cat Holdings, Inc. is based in San Juan, Puerto Rico.

RCAT Stock Price History

RCAT Stock News Headlines

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Red Cat earnings: here's what to expect
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Company Calendar

Last Earnings
8/08/2024
Today
8/22/2024
Next Earnings (Estimated)
9/17/2024
Fiscal Year End
4/30/2025

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
Computer Software
Current Symbol
NASDAQ:RCAT
Fax
N/A
Employees
70
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$4.00
High Stock Price Target
$4.00
Low Stock Price Target
$4.00
Potential Upside/Downside
+34.2%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$-24,050,000.00
Net Margins
-206.42%
Pretax Margin
-197.84%

Debt

Sales & Book Value

Annual Sales
$17.84 million
Book Value
$1.00 per share

Miscellaneous

Free Float
51,626,000
Market Cap
$221.36 million
Optionable
Optionable
Beta
-0.09
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Key Executives

  • Mr. Jeffrey M. Thompson (Age 60)
    Founder, Chairman, President & CEO
    Comp: $478.77k
  • Ms. Leah Lunger (Age 33)
    Interim CFO, Interim Principal Financial Officer & Interim Principal Accounting Officer
  • Mr. George Michael Matus
    Chief Technology Officer
  • Mr. Stan Nowak
    Vice President of Marketing
  • Mr. Giuseppe Santangelo
    Chief Executive Officer of Skypersonic

RCAT Stock Analysis - Frequently Asked Questions

How have RCAT shares performed this year?

Red Cat's stock was trading at $0.88 on January 1st, 2024. Since then, RCAT shares have increased by 238.6% and is now trading at $2.98.
View the best growth stocks for 2024 here
.

How were Red Cat's earnings last quarter?

Red Cat Holdings, Inc. (NASDAQ:RCAT) announced its quarterly earnings data on Thursday, August, 8th. The company reported ($0.10) earnings per share for the quarter. The business had revenue of $6.31 million for the quarter. Red Cat had a negative trailing twelve-month return on equity of 45.56% and a negative net margin of 134.84%.

When did Red Cat IPO?

Red Cat (RCAT) raised $16 million in an initial public offering (IPO) on Friday, April 30th 2021. The company issued 4,000,000 shares at $4.00 per share. ThinkEquity (a division of Fordham Financial Management) acted as the underwriter for the IPO.

Who are Red Cat's major shareholders?

Red Cat's top institutional investors include AIGH Capital Management LLC (6.62%), Renaissance Technologies LLC (0.31%), XTX Topco Ltd (0.08%) and Retirement Planning Co of New England Inc. (0.03%). Insiders that own company stock include Jeffrey M Thompson, Allan Thomas Evans, Nicholas Reyland Liuzza Jr and Joseph David Freedman.
View institutional ownership trends
.

How do I buy shares of Red Cat?

Shares of RCAT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:RCAT) was last updated on 8/22/2024 by MarketBeat.com Staff

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