Is Draganfly Stock a Good Investment?
Draganfly Investment Advice | DPRO |
- Examine Draganfly's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Draganfly's leadership team and their track record. Good management can help Draganfly navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Industrial Machinery & Supplies & Components space and any emerging trends that could impact Draganfly's business and its evolving consumer preferences.
- Compare Draganfly's performance and market position to its competitors. Analyze how Draganfly is positioned in terms of product offerings, innovation, and market share.
- Check if Draganfly pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Draganfly's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Draganfly stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that 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. Below is a detailed guide on how to decide if Draganfly is a good investment.
Sell | Buy |
Strong Sell
Market Performance | OK | Details | |
Volatility | Very risky | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Quite High | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Draganfly Stock
Researching Draganfly's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). The company recorded a loss per share of 3.78. Draganfly had not issued any dividends in recent years. The entity had 1:25 split on the 5th of September 2024.
To determine if Draganfly is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Draganfly's research are outlined below:
| Draganfly is way too risky over 90 days horizon | |
| Draganfly appears to be risky and price may revert if volatility continues | |
| Draganfly has high likelihood to experience some financial distress in the next 2 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 (18.77 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.37. | |
| Latest headline from news.google.com: Draganfly Announces Closing of US3.76 Million Registered Direct Offering - Yahoo Finance |
Draganfly Quarterly Cash And Short Term Investments |
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Draganfly uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Draganfly. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Draganfly's 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 |
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. Below are the table of largest EPS Surprises Draganfly's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2023-11-09 | 2023-09-30 | -0.1178 | -0.13 | -0.0122 | 10 | ||
2023-05-08 | 2023-03-31 | -0.0973 | -0.1571 | -0.0598 | 61 | ||
2024-05-14 | 2024-03-31 | -0.092 | -0.0252 | 0.0668 | 72 | ||
2023-08-09 | 2023-06-30 | -0.0674 | -0.16 | -0.0926 | 137 | ||
2023-03-27 | 2022-12-31 | -0.14 | -0.49 | -0.35 | 250 | ||
2022-04-04 | 2022-03-31 | -0.07 | 0.66 | 0.73 | 1042 | ||
2021-11-09 | 2021-09-30 | -0.26 | 0.74 | 1.0 | 384 | ||
2024-11-07 | 2024-09-30 | -1.16 | -0.06 | 1.1 | 94 |
Know Draganfly's Top 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 | Mather Group, Inc. | 2024-06-30 | 2 K | Ubs Group Ag | 2024-06-30 | 1.5 K | Simplex Trading, Llc | 2024-06-30 | 1.3 K | Benjamin F. Edwards & Company, Llc | 2024-06-30 | 1000 | Td Waterhouse Canada Inc | 2024-06-30 | 610 | Ancora Advisors Llc | 2024-06-30 | 500 | The Toronto-dominion Bank | 2024-06-30 | 374 | Federation Des Caisses Desjardins Du Quebec | 2024-06-30 | 360 | Your Advocates Ltd., Llp | 2024-06-30 | 300 | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 70.2 K | Two Sigma Securities, Llc | 2024-06-30 | 38.4 K |
Draganfly's market capitalization trends
The company currently falls under 'Micro-Cap' category with a current market capitalization of 22.74 M.Market Cap |
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Draganfly's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (2.85) | (3.00) | |
| Return On Capital Employed | (24.05) | (22.84) | |
| Return On Assets | (2.83) | (2.98) | |
| Return On Equity | (57.91) | (55.02) |
Determining Draganfly's profitability involves analyzing its financial statements and using various financial metrics to determine if Draganfly is a good buy. For example, gross profit margin measures Draganfly's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Draganfly's profitability and make more informed investment decisions.
Evaluate Draganfly's management efficiency
Draganfly has return on total asset (ROA) of (0.8562) % which means that it has lost $0.8562 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (6.0691) %, 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 1st of December 2024, Return On Tangible Assets is likely to drop to -3. In addition to that, Return On Capital Employed is likely to grow to -22.84. At this time, Draganfly's Total Current Assets are very stable compared to the past year. As of the 1st of December 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 Reported | Projected for Next Year | ||
| Book Value Per Share | 0.01 | 0.01 | |
| Tangible Book Value Per Share | 0.01 | 0.01 | |
| Enterprise Value Over EBITDA | (31.28) | (32.84) | |
| Price Book Value Ratio | 1.7 K | 1.8 K | |
| Enterprise Value Multiple | (31.28) | (32.84) | |
| Price Fair Value | 1.7 K | 1.8 K | |
| Enterprise Value | 1.4 B | 1.2 B |
The strategic initiatives led by Draganfly's management are central to its market success. By analyzing these initiatives, we provide a clear picture of the stock's growth prospects.
Beta 1.651 |
Basic technical analysis of Draganfly Stock
As of the 1st of December, Draganfly shows the Downside Deviation of 6.67, semi deviation of 6.3, and Mean Deviation of 6.62. 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.Draganfly's Outstanding Corporate Bonds
Draganfly issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Draganfly uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Draganfly bonds can be classified according to their maturity, which is the date when Draganfly has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Dana 575 percent Corp BondUS235822AB96 | View | |
| Volcan Compania Minera Corp BondUSP98047AC08 | View | |
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| International Game Technology Corp BondUS460599AD57 | View | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View | |
| MGM Resorts International Corp BondUS552953CD18 | View |
Understand Draganfly's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Draganfly's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.1014 | |||
| Market Risk Adjusted Performance | 0.4258 | |||
| Mean Deviation | 6.62 | |||
| Semi Deviation | 6.3 | |||
| Downside Deviation | 6.67 | |||
| Coefficient Of Variation | 829.46 | |||
| Standard Deviation | 9.48 | |||
| Variance | 89.85 | |||
| Information Ratio | 0.106 | |||
| Jensen Alpha | 0.7851 | |||
| Total Risk Alpha | (0.45) | |||
| Sortino Ratio | 0.1506 | |||
| Treynor Ratio | 0.4158 | |||
| Maximum Drawdown | 37.48 | |||
| Value At Risk | (11.40) | |||
| Potential Upside | 19.26 | |||
| Downside Variance | 44.55 | |||
| Semi Variance | 39.67 | |||
| Expected Short fall | (8.40) | |||
| Skewness | 1.59 | |||
| Kurtosis | 4.67 |
| Risk Adjusted Performance | 0.1014 | |||
| Market Risk Adjusted Performance | 0.4258 | |||
| Mean Deviation | 6.62 | |||
| Semi Deviation | 6.3 | |||
| Downside Deviation | 6.67 | |||
| Coefficient Of Variation | 829.46 | |||
| Standard Deviation | 9.48 | |||
| Variance | 89.85 | |||
| Information Ratio | 0.106 | |||
| Jensen Alpha | 0.7851 | |||
| Total Risk Alpha | (0.45) | |||
| Sortino Ratio | 0.1506 | |||
| Treynor Ratio | 0.4158 | |||
| Maximum Drawdown | 37.48 | |||
| Value At Risk | (11.40) | |||
| Potential Upside | 19.26 | |||
| Downside Variance | 44.55 | |||
| Semi Variance | 39.67 | |||
| Expected Short fall | (8.40) | |||
| Skewness | 1.59 | |||
| Kurtosis | 4.67 |
Consider Draganfly's intraday 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 Corporate Filings
6K | 25th of November 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
13A | 14th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
Draganfly Stock media impact
Far too much social signal, news, headlines, and media speculation about Draganfly that are available to investors today. That information is available publicly through Draganfly media outlets and privately through word of mouth or via Draganfly internal channels. However, regardless of the origin, that massive amount of Draganfly data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Draganfly news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Draganfly relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Draganfly's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Draganfly alpha.
Draganfly Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Draganfly can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Draganfly Corporate Management
| CFA MBA | CFO Sec | Profile | |
| Paul Mullen | Chief Officer | Profile | |
| Deborah Greenberg | Corporate Legal | Profile | |
| Justin Hannewyk | Pres Inc | Profile |
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 closely tied 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 Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Industrial Machinery & Supplies & Components space 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 (3.78) | Revenue Per Share 2.826 | Quarterly Revenue Growth (0.09) | Return On Assets (0.86) | Return On Equity (6.07) |
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.
In summary, please note that there is a difference between Draganfly's value and its price, as these two are different measures arrived at by various 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.