AgEagle Aerial Systems Inc. (AMEX: UAVS) shares are 455.56% up in the year-to-date (YTD) period and have moved 2.88% or $0.07 higher in the latest trading session. However, stock’s trailing 12-month performance remains nearly +1,215.10% lower. Comparatively, the stock is -51.46% down YTD and 110.08% over the trailing 3-month period. If we look at the shorter duration, its week performance is 9.17% and -12.59% over the month.
0 of the 1 analysts rate the stock as a “Sell”, while 0 has rated it as “Underweight”. 1 recommend buying, with 0 rating it as an Overweight.
The stock currently trades at $2.50. The forecasts give the AgEagle Aerial Systems Inc. stock a price target range of $453.75 on the higher side while at least one analyst think the stock could plunge to a low of $453.75. The two limits represent an upside potential of 99.45% or 99.45%.
Insider Transactions Summary
According to SEC data, total insider shares purchases at the company stands at 0 over the last 12 months, while SEC filings reveal that there have been 0 insider sales over the same period. Insiders have purchases 0 shares while those sold by company executives and officers stand at 0. The last 3 months have seen insiders trade a total of 0 and 0 in purchases and sales respectively.
Workhorse Group Inc. (NASDAQ:WKHS), on the other hand, is trading around $16.75 with a market cap of $1.78B and analyst research firms have a negative stance on its shares. Analysts predict that the stock will reach $24.33 and spell out a more modest performance – a 31.15% return. Some analysts are even forecasting -$1.67 per share in earnings this year on a short term (1 year) basis.
Let us briefly look at the Workhorse Group Inc. (WKHS) financials, with a focus on its operating details as indicated in its earnings report for the last quarter.
Company balance sheet and cash flow
WKHS’s operating expenses over the recent quarter were at $6.08 million. This represented a -6505.43% of the company’s total revenues which amounted $92000.0. With this in place, we can see that the company’s diluted EPS declined -$1.76 on the year-over-year period, shrinking to -$0.33 as given in the last earnings report.
In terms of the balance sheet & cash flow as of (Sep 2020), the total assets figure advanced to $55.45 million from $44.25 million over the previous quarter. The cash flow from operating activities totaled -$17.75 million, significantly lower than the -$11.81 million reported in the year-ago quarter. The company’s free cash flow for the quarter was -$18.73 million.
Insiders have transacted a total of 44 times at Workhorse Group Inc. over the last 6 months, with insider purchases undertaken 18 times and accounting for 4,934,667 shares. Insider sales totaled 6,057,862 shares over the same period, with these deals completed in 26 transactions. Looking at these numbers, we realize that net purchases over that period are -8.0 shares. Insiders now hold a total of 21.64M shares after the latest sales, with -1.00% net shares purchased.
Insiders own 4.30% of the company shares, while shares held by institutions stand at 22.20% with a share float percentage of 96.75M. Investors are also buoyed by the number of investors in a company, with Workhorse Group Inc. having a total of 74 institutions that hold shares in the company.