Knightscope (KSCP) to Release Quarterly Earnings on Wednesday

Knightscope (NASDAQ:KSCP) is expected to release its results before the market opens on Wednesday, February 25th. Analysts expect Knightscope to post earnings of ($0.7367) per share and revenue of $2.8140 million for the quarter.

Knightscope Trading Down 3.4%

Shares of NASDAQ KSCP traded down $0.14 during mid-day trading on Friday, hitting $3.93. 308,125 shares of the company traded hands, compared to its average volume of 353,958. The company has a quick ratio of 3.37, a current ratio of 3.62 and a debt-to-equity ratio of 0.15. Knightscope has a 1 year low of $2.45 and a 1 year high of $10.14. The stock has a market capitalization of $43.90 million, a price-to-earnings ratio of -1.00 and a beta of 1.73. The business has a 50 day moving average of $3.92 and a two-hundred day moving average of $4.95.

Analysts Set New Price Targets

KSCP has been the subject of several recent analyst reports. Weiss Ratings reiterated a “sell (d-)” rating on shares of Knightscope in a report on Monday, December 29th. HC Wainwright reaffirmed a “buy” rating and issued a $12.00 price objective on shares of Knightscope in a research note on Tuesday, February 10th. Finally, Ascendiant Capital Markets lowered their price objective on shares of Knightscope from $27.00 to $25.00 and set a “buy” rating on the stock in a research report on Thursday, December 11th. Three analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $15.00.

Institutional Trading of Knightscope

Institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. grew its position in Knightscope by 9.6% during the third quarter. Vanguard Group Inc. now owns 276,857 shares of the company’s stock valued at $1,597,000 after purchasing an additional 24,283 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of Knightscope by 16.0% during the 4th quarter. Geode Capital Management LLC now owns 115,924 shares of the company’s stock valued at $430,000 after buying an additional 16,004 shares during the period. AlphaCentric Advisors LLC acquired a new stake in shares of Knightscope during the 4th quarter valued at $278,000. Jane Street Group LLC increased its stake in shares of Knightscope by 253.0% in the fourth quarter. Jane Street Group LLC now owns 56,004 shares of the company’s stock worth $208,000 after acquiring an additional 40,141 shares during the last quarter. Finally, Kestra Private Wealth Services LLC acquired a new position in shares of Knightscope in the third quarter worth $151,000. 14.61% of the stock is currently owned by institutional investors and hedge funds.

Knightscope Company Profile

Knightscope, Inc (NASDAQ: KSCP) is a technology company specializing in the design and deployment of autonomous security robots. The firm offers a robotics-as-a-service platform that integrates self-driving devices with artificial intelligence and machine learning capabilities to enhance perimeter security, detect anomalies and deliver real-time incident reporting.

Since its founding in 2013 and headquartered in Mountain View, California, Knightscope has developed a series of fully autonomous models—designated K1 through K7—suited for indoor and outdoor environments.