Draganfly Stock Analysis

DPRO Stock  USD 0.26  0.02  8.33%   
Draganfly is overvalued with Real Value of 0.24 and Hype Value of 0.26. The main objective of Draganfly stock analysis is to determine its intrinsic value, which is an estimate of what Draganfly is worth, separate from its market price. There are two main types of Draganfly's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Draganfly's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Draganfly's stock to identify patterns and trends that may indicate its future price movements.
The Draganfly stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Draganfly is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Draganfly Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Draganfly's ongoing operational relationships across important fundamental and technical indicators.
  
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 tightly coupled 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.

Draganfly Stock Analysis Notes

The company recorded a loss per share of 0.41. Draganfly had not issued any dividends in recent years. The entity had 1:5 split on the 29th of July 2021. Draganfly Inc. manufactures and sells commercial unmanned aerial vehicles worldwide. The company was founded in 1998 and is headquartered in Saskatoon, Canada. Draganfly is traded on NASDAQ Exchange in the United States. To learn more about Draganfly call Cameron Chell at 800 979 9794 or check out https://www.draganfly.com.

Draganfly Quarterly Total Revenue

916,300

Draganfly Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Draganfly's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Draganfly or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Draganfly generated a negative expected return over the last 90 days
Draganfly has high historical volatility and very poor performance
Draganfly has some characteristics of a very speculative penny stock
Draganfly has a very high chance of going through financial distress in the upcoming 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, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Latest headline from news.google.com: Draganfly Showcases Innovation Amid Nasdaq Compliance Efforts - TipRanks.com - TipRanks

Draganfly Upcoming and Recent Events

Earnings reports are used by Draganfly to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Draganfly 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

Draganfly Largest EPS Surprises

Earnings surprises can significantly impact Draganfly's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2023-11-09
2023-09-30-0.1178-0.13-0.012210 
2023-05-08
2023-03-31-0.0973-0.1571-0.059861 
2023-08-09
2023-06-30-0.0674-0.16-0.0926137 
View All Earnings Estimates

Draganfly Thematic Classifications

In addition to having Draganfly stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Aircraft Idea
Aircraft
USA Equities from Aircraft industry as classified by Fama & French

Draganfly Stock 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
Mayflower Financial Advisors, Llc2023-12-31
11.3 K
Lindbrook Capital, Llc2023-12-31
10 K
Royal Bank Of Canada2023-12-31
6.9 K
Wells Fargo & Co2023-12-31
3.1 K
Advisor Group Holdings, Inc.2023-12-31
1.9 K
Advisory Services Network, Llc2023-12-31
1.5 K
Bank Of America Corp2023-12-31
1.2 K
Td Waterhouse Canada Inc2023-12-31
610
Armistice Capital, Llc2023-12-31
4.2 M
Alphacentric Advisors, Llc2023-12-31
500 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 Market Capitalization

The company currently falls under 'Micro-Cap' category with a current market capitalization of 17.03 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Draganfly's market, we take the total number of its shares issued and multiply it by Draganfly's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Draganfly Profitablity

Draganfly's profitability indicators refer to fundamental financial ratios that showcase Draganfly's ability to generate income relative to its revenue or operating costs. If, let's say, Draganfly is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Draganfly's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Draganfly's profitability requires more research than a typical breakdown of Draganfly's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
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)

Management Efficiency

Draganfly has return on total asset (ROA) of (1.2128) % which means that it has lost $1.2128 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (4.1248) %, 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 18th of April 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 18th of April 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 
Net Current Asset Value 0.00  0.00 
Tangible Asset Value 0.00  0.00 
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 M43.3 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
1.901

Technical Drivers

As of the 18th of April 2024, Draganfly shows the Mean Deviation of 5.35, standard deviation of 9.66, and Coefficient Of Variation of (12,358). 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. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate data for thirteen technical drivers for Draganfly, which can be compared to its peers. Please confirm Draganfly risk adjusted performance, variance, as well as the relationship between the Variance and potential upside to decide if Draganfly is priced favorably, providing market reflects its regular price of 0.26 per share. As Draganfly appears to be a penny stock we also advise to verify its jensen alpha numbers.

Draganfly Price Movement Analysis

Execute Study
The output start index for this execution was twenty-three with a total number of output elements of thirty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Draganfly middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Draganfly. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Draganfly Predictive Daily 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 Forecast Models

Draganfly's time-series forecasting models are one of many Draganfly's stock analysis techniques aimed at predicting 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.

About Draganfly Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Draganfly prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Draganfly shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Draganfly. By using and applying Draganfly Stock analysis, traders can create a robust methodology for identifying Draganfly entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin(3.60)(3.78)
Operating Profit Margin(3.47)(3.64)
Net Loss(3.60)(3.78)
Gross Profit Margin 0.23  0.22 

Be your own money manager

As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Draganfly to your portfolios without increasing risk or reducing expected return.

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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 tightly coupled 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 Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

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When running Draganfly's price analysis, check to measure Draganfly's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Draganfly is operating at the current time. Most of Draganfly's value examination focuses on studying past and present price action to predict the probability of Draganfly's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Draganfly's price. Additionally, you may evaluate how the addition of Draganfly to your portfolios can decrease your overall portfolio volatility.
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Is Draganfly's industry 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
(0.41)
Revenue Per Share
0.155
Quarterly Revenue Growth
(0.30)
Return On Assets
(1.21)
Return On Equity
(4.12)
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.
Please note, there is a significant difference between Draganfly's value and its price as these two are different measures arrived at by different 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.