Knightscope (KSCP) Projected to Post Quarterly Earnings on Wednesday

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

Knightscope Stock Performance

Knightscope stock traded down $0.14 during mid-day trading on Friday, hitting $3.93. 308,125 shares of the company’s stock 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 one year low of $2.45 and a one year high of $10.14. The firm has a 50 day moving average price of $3.92 and a 200 day moving average price of $4.95. The company has a market cap of $43.90 million, a PE ratio of -1.00 and a beta of 1.73.

Institutional Investors Weigh In On Knightscope

Hedge funds and other institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. boosted its position in shares of Knightscope by 9.6% during the 3rd 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 lifted its stake in Knightscope by 16.0% during the fourth quarter. Geode Capital Management LLC now owns 115,924 shares of the company’s stock valued at $430,000 after purchasing an additional 16,004 shares during the last quarter. AlphaCentric Advisors LLC acquired a new stake in Knightscope during the fourth quarter valued at approximately $278,000. Jane Street Group LLC boosted its holdings in Knightscope by 253.0% during the fourth quarter. Jane Street Group LLC now owns 56,004 shares of the company’s stock worth $208,000 after buying an additional 40,141 shares in the last quarter. Finally, Kestra Private Wealth Services LLC acquired a new position in Knightscope in the third quarter worth approximately $151,000. 14.61% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

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

About Knightscope

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.