Draganfly Stock Today

DPRO Stock  USD 0.26  0.02  8.33%   

Performance

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Odds Of Distress

Over 81

 
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Draganfly is selling at 0.26 as of the 18th of April 2024; that is 8.33% increase since the beginning of the trading day. The stock's open price was 0.24. Draganfly has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. Equity ratings for Draganfly are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of March 2024 and ending today, the 18th of April 2024. Click here to learn more.
Business Domain
Capital Goods
IPO Date
4th of December 2019
Category
Industrials
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. The company has 64.29 M outstanding shares of which 1.59 M shares are currently shorted by private and institutional investors with about 1.21 trading days to cover. More on Draganfly

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Draganfly Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Draganfly's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Draganfly or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO PresidentCameron Chell
Thematic IdeaAircraft (View all Themes)
Business ConcentrationIndustrial Machinery & Supplies & Components, Aerospace & Defense, Industrials, NASDAQ Composite, Aircraft, Industrials, Machinery, Aerospace & Defense, Industrials (View all Sectors)
Average Analyst Recommendation
Analysts covering Draganfly report their recommendations after researching Draganfly's financial statements, talking to executives and customers, or listening in on Draganfly's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Draganfly. The Draganfly consensus assessment is calculated by taking the average forecast from all of the analysts covering Draganfly.
Draganfly's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Draganfly's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Draganfly's financial leverage. It provides some insight into what part of Draganfly's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Draganfly's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Draganfly deploys its capital and how much of that capital is borrowed.
Liquidity
Draganfly cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 795.08 K in liabilities with Debt to Equity (D/E) ratio of 0.02, which may suggest the company is not taking enough advantage from borrowing. Draganfly has a current ratio of 9.4, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Draganfly until it has trouble settling it off, either with new capital or with free cash flow. So, Draganfly's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Draganfly sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Draganfly to invest in growth at high rates of return. When we think about Draganfly's use of debt, we should always consider it together with cash and equity.

Capital Expenditures

514,911
Draganfly (DPRO) is traded on NASDAQ Exchange in USA. It is located in 2108 St. George Avenue, Saskatoon, SK, Canada, S7M 0K7 and employs 5 people. Draganfly is listed under Industrial Machinery & Supplies & Components category by Fama And French industry classification. 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 conducts business under Machinery sector and is part of Industrials industry. The entity has 64.29 M outstanding shares of which 1.59 M shares are currently shorted by private and institutional investors with about 1.21 trading days to cover. 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.
Check Draganfly Probability Of Bankruptcy
Ownership Allocation
Draganfly holds a total of 64.29 Million outstanding shares. Roughly 89.0 percent of Draganfly outstanding shares are held by general public with 1.87 (percent) owned by insiders and only 9.0 % by other corporate entities. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Draganfly Ownership Details

Draganfly Stock Price Odds Analysis

Contingent on a normal probability distribution, the odds of Draganfly jumping above the current price in 90 days from now is about 53.98%. The Draganfly probability density function shows the probability of Draganfly stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Draganfly has a beta of -1.4757 suggesting as returns on its benchmark rise, returns on holding Draganfly are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Draganfly is expected to outperform its benchmark. Additionally, draganfly has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
  Odds Below 0.26HorizonTargetOdds Above 0.26
45.94%90 days
 0.26 
53.98%
Based on a normal probability distribution, the odds of Draganfly to move above the current price in 90 days from now is about 53.98 (This Draganfly probability density function shows the probability of Draganfly Stock to fall within a particular range of prices over 90 days) .

Draganfly Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Draganfly that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Draganfly's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Draganfly's value.
InstituionRecorded OnShares
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
View Draganfly Diagnostics

Draganfly Historical Income Statement

Draganfly Income Statement is one of the three primary financial statements used for reporting Draganfly's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Draganfly revenue and expense. Draganfly Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Draganfly's Net Interest Income is very stable compared to the past year. As of the 18th of April 2024, Gross Profit is likely to grow to about 1.6 M, while Interest Expense is likely to drop about 1.5 M. View More Fundamentals

Draganfly Stock Against Markets

Picking the right benchmark for Draganfly stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Draganfly stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Draganfly is critical whether you are bullish or bearish towards Draganfly at a given time. Please also check how Draganfly's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Draganfly without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Draganfly Corporate Management

Elected by the shareholders, the Draganfly's board of directors comprises two types of representatives: Draganfly inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Draganfly. The board's role is to monitor Draganfly's management team and ensure that shareholders' interests are well served. Draganfly's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Draganfly's outside directors are responsible for providing unbiased perspectives on the board's policies.

How to buy Draganfly Stock?

Before investing in Draganfly, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Draganfly. To buy Draganfly stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Draganfly. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Draganfly stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Draganfly stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Draganfly stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Draganfly, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. 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. For more information on how to buy Draganfly Stock please use our How to Invest in Draganfly guide.

Already Invested in Draganfly?

The danger of trading Draganfly is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Draganfly is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Draganfly. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Draganfly is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

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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.