Is Draganfly Stock a Good Investment?

Draganfly Investment Advice

  DPRO
To provide specific investment advice or recommendations on Draganfly stock, we recommend investors consider the following general factors when evaluating Draganfly. This will help you to make an informed decision on whether to include Draganfly in one of your diversified portfolios:
  • Examine Draganfly's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
  • Research Draganfly's leadership team and their track record. Good management can help Draganfly navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
  • Consider the overall health of the Industrial Machinery & Supplies & Components space and any emerging trends that could impact Draganfly's business and its evolving consumer preferences.
  • Compare Draganfly's performance and market position to its competitors. Analyze how Draganfly is positioned in terms of product offerings, innovation, and market share.
  • Check if Draganfly pays a dividend and its dividend yield and payout ratio.
  • Review what financial analysts are saying about Draganfly's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Draganfly stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Draganfly is a good investment.
 
Sell
 
Buy
Strong Sell
We provide trade advice to complement the prevailing expert consensus on Draganfly. Our dynamic recommendation engine uses a multidimensional algorithm to analyze the company's potential to grow using all technical and fundamental data available at the time. To make sure Draganfly is not overpriced, please confirm all Draganfly fundamentals, including its net income, beta, and the relationship between the price to book and current ratio . Given that Draganfly is a hitting penny stock territory we advise to closely look at its shares owned by institutions.

Market Performance

GoodDetails

Volatility

Out of controlDetails

Hype Condition

StaleDetails

Current Valuation

OvervaluedDetails

Odds Of Distress

Quite HighDetails

Economic Sensitivity

Almost mirrors the marketDetails

Investor Sentiment

ImpartialDetails

Analyst Consensus

BuyDetails

Financial Strenth (F Score)

PoorDetails

Financial Leverage

InapplicableDetails

Reporting Quality (M-Score)

Unlikely ManipulatorDetails

Examine Draganfly Stock

Researching Draganfly's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). The company recorded a loss per share of 0.28. Draganfly had not issued any dividends in recent years. The entity had 1:5 split on the 29th of July 2021.
To determine if Draganfly is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Draganfly's research are outlined below:
Draganfly is way too risky over 90 days horizon
Draganfly may become a speculative penny stock
Draganfly appears to be risky and price may revert if volatility continues
Draganfly has high likelihood to experience some financial distress in the next 2 years
The company reported the previous year's revenue of 6.55 M. Net Loss for the year was (23.61 M) with profit before overhead, payroll, taxes, and interest of 2.77 M.
Draganfly currently holds about 12.45 M in cash with (15.04 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.37.
Draganfly has a poor financial position based on the latest SEC disclosures

Draganfly Quarterly Cash And Short Term Investments

4.34 Million

Draganfly uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Draganfly. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Draganfly's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
25th of March 2024
Upcoming Quarterly Report
View
14th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
25th of March 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

Know Draganfly's Top Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Draganfly is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Draganfly backward and forwards among themselves. Draganfly's institutional investor refers to the entity that pools money to purchase Draganfly's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Jane Street Group, Llc2023-12-31
14.9 K
Stonex Group Inc2024-03-31
13 K
Mayflower Financial Advisors, Llc2024-03-31
11.3 K
Lindbrook Capital, Llc2024-03-31
10 K
Royal Bank Of Canada2024-03-31
5.2 K
Wells Fargo & Co2024-03-31
K
Frg Family Wealth Advisors Llc2024-03-31
2.5 K
Advisor Group Holdings, Inc.2024-03-31
K
Benjamin F. Edwards & Company, Llc2024-03-31
1000
Renaissance Technologies Corp2024-03-31
402.9 K
Warberg Asset Management Llc2024-03-31
139.6 K
Note, although Draganfly's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Draganfly's market capitalization trends

The company currently falls under 'Micro-Cap' category with a current market capitalization of 15.1 M.

Market Cap

49.43 Million

Draganfly's profitablity analysis

Last ReportedProjected for Next Year
Return On Tangible Assets(2.85)(3.00)
Return On Capital Employed(24.39)(23.17)
Return On Assets(2.83)(2.98)
Return On Equity(57.91)(55.02)
The company has Profit Margin (PM) of (2.93) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (2.33) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $2.33.
Determining Draganfly's profitability involves analyzing its financial statements and using various financial metrics to determine if Draganfly is a good buy. For example, gross profit margin measures Draganfly's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Draganfly's profitability and make more informed investment decisions.
The data published in Draganfly's official financial statements typically reflect Draganfly's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Draganfly's quantitative information. For example, before you start analyzing numbers published by Draganfly accountants, it’s essential to understand Draganfly's liquidity, profitability, and earnings quality within the context of the Machinery space in which it operates.

Evaluate Draganfly's management efficiency

Draganfly has return on total asset (ROA) of (0.8007) % which means that it has lost $0.8007 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (2.119) %, meaning that it created substantial loss on money invested by shareholders. Draganfly's management efficiency ratios could be used to measure how well Draganfly manages its routine affairs as well as how well it operates its assets and liabilities. As of the 16th of June 2024, Return On Tangible Assets is likely to drop to -3. In addition to that, Return On Capital Employed is likely to grow to -23.17. At this time, Draganfly's Total Current Assets are very stable compared to the past year. As of the 16th of June 2024, Total Assets is likely to grow to about 13.9 M, while Net Tangible Assets are likely to drop about 6.4 M.
Last ReportedProjected for Next Year
Book Value Per Share 0.01  0.01 
Tangible Book Value Per Share 0.01  0.01 
Enterprise Value Over EBITDA(1.10)(1.16)
Price Book Value Ratio 65.69  68.98 
Enterprise Value Multiple(1.10)(1.16)
Price Fair Value 65.69  68.98 
Enterprise Value24.5 M43.1 M
The analysis of Draganfly's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Draganfly's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Draganfly Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Beta
1.815

Basic technical analysis of Draganfly Stock

As of the 16th of June 2024, Draganfly shows the Semi Deviation of 4.27, downside deviation of 4.61, and Mean Deviation of 3.78. Draganfly technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices.

Understand Draganfly's technical and predictive indicators

Using predictive indicators to make investment decisions involves analyzing Draganfly's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.

Consider Draganfly's intraday indicators

Draganfly intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Draganfly stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Draganfly time-series forecasting models is one of many Draganfly's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Draganfly's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Draganfly Stock media impact

Far too much social signal, news, headlines, and media speculation about Draganfly that are available to investors today. That information is available publicly through Draganfly media outlets and privately through word of mouth or via Draganfly internal channels. However, regardless of the origin, that massive amount of Draganfly data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Draganfly news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Draganfly relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Draganfly's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Draganfly alpha.

Draganfly Sentiment by Major News Outlets

Investor sentiment, mood or attitude towards Draganfly can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

Draganfly Corporate Management

Additional Information and Resources on Investing in Draganfly Stock

When determining whether Draganfly offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Draganfly's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Draganfly Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Draganfly Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Draganfly. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Draganfly Stock, please use our How to Invest in Draganfly guide.
You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Draganfly. If investors know Draganfly will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Draganfly listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.28)
Revenue Per Share
0.133
Quarterly Revenue Growth
(0.17)
Return On Assets
(0.80)
Return On Equity
(2.12)
The market value of Draganfly is measured differently than its book value, which is the value of Draganfly that is recorded on the company's balance sheet. Investors also form their own opinion of Draganfly's value that differs from its market value or its book value, called intrinsic value, which is Draganfly's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Draganfly's market value can be influenced by many factors that don't directly affect Draganfly's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Draganfly's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Draganfly is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Draganfly's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.