Last Updated: 15 Oct 2024
Executive Summary
Red Cat Holdings Inc. (RCAT) is a company that provides products, services and solutions to the drone industry. The company has a market capitalization of $254.88 million and its latest stock price is $3.65. RCAT has a negative EBITDA of $18.19 million and a diluted EPS of -$0.42. The company's revenue growth is 0.588% YOY, and its quarterly earnings growth is 0%.
Company Overview
Red Cat Holdings Inc. was founded in 2004 and is headquartered in Humacao, Puerto Rico. The company's products and services include drones, drone accessories, and drone software. RCAT also provides training and support services to drone operators. The company's customers include government agencies, businesses, and consumers.
Fundamental Analysis
RCAT's financial performance has been mixed in recent years. The company's revenue has grown in the past year, but its profitability has declined. RCAT's gross profit margin is 4.91%, and its operating margin is -2.75%. The company's net loss in the past year was $18.19 million.
RCAT's financial ratios are also mixed. The company's price-to-sales ratio is 13.51, and its price-to-book ratio is 7.85. RCAT's EV/EBITDA ratio is -1.774, and its beta is -0.376.
Technical Analysis
RCAT's stock price has been in a downtrend in the past year. The stock's 52-week high is $3.94, and its 52-week low is $0.525. The stock's 50-day moving average is $2.83, and its 200-day moving average is $1.486.
Short Term Outlook
RCAT's short-term outlook is mixed. The company's stock price is below its 50-day and 200-day moving averages, which indicates that the stock is in a downtrend. However, the company's revenue growth is positive, which indicates that the company's business is growing.
Long Term Outlook
RCAT's long-term outlook is also mixed. The company's industry is growing, but the company faces competition from larger and more established companies. RCAT will need to continue to grow its revenue and improve its profitability in order to succeed in the long term.
Analyst Recommendations
Analysts have a mixed view on RCAT. One analyst has a strong buy rating on the stock, and one analyst has a buy rating. No analysts have a hold, sell, or strong sell rating on the stock. The average analyst target price for RCAT is $4.50.
