Knightscope (NASDAQ:KSCP) Lowered to Sell Rating by Wall Street Zen

Wall Street Zen downgraded shares of Knightscope (NASDAQ:KSCP) from a hold rating to a sell rating in a report published on Saturday.

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

Knightscope Trading Down 13.0%

Shares of NASDAQ KSCP opened at $4.81 on Friday. Knightscope has a twelve month low of $2.45 and a twelve month high of $10.14. The company has a current ratio of 3.62, a quick ratio of 3.37 and a debt-to-equity ratio of 0.15. The stock has a fifty day simple moving average of $3.96 and a 200-day simple moving average of $4.68. The stock has a market capitalization of $53.73 million, a PE ratio of -1.18 and a beta of 1.68.

Knightscope (NASDAQ:KSCP) last posted its quarterly earnings data on Wednesday, April 1st. The company reported ($0.92) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.73) by ($0.19). Knightscope had a negative net margin of 256.09% and a negative return on equity of 156.57%. The firm had revenue of $2.54 million during the quarter, compared to analysts’ expectations of $2.50 million. On average, equities analysts forecast that Knightscope will post -12.15 earnings per share for the current year.

Institutional Investors Weigh In On Knightscope

Several institutional investors have recently modified their holdings of KSCP. AlphaCentric Advisors LLC purchased a new position in Knightscope in the fourth quarter valued at $278,000. Centiva Capital LP purchased a new stake in Knightscope during the 3rd quarter worth about $245,000. Jane Street Group LLC boosted its position in shares of Knightscope by 253.0% during the 4th 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 in the last quarter. Kestra Private Wealth Services LLC acquired a new position in shares of Knightscope during the 3rd quarter worth about $151,000. Finally, Vanguard Group Inc. increased its holdings in shares of Knightscope by 9.6% in the 3rd quarter. Vanguard Group Inc. now owns 276,857 shares of the company’s stock valued at $1,597,000 after acquiring an additional 24,283 shares during the last quarter. 14.61% of the stock is owned by hedge funds and other institutional investors.

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.