Will AgEagle Aerial Systems, Inc. (NYSE:UAVS) in 2021 Be Worth Your Money?

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In the last trading session, 3,200,000,000 AgEagle Aerial Systems, Inc. (NYSE:UAVS) shares changed hands as the company’s beta touched 4.91. With the company’s per share price at $6.12 changed hands at -$0.35 or -0.05% during last session, the market valuation stood at $359.87 Million. UAVS’s last price was a discount, traded about -188.89% off its 52-week high of $17.68. The share price had its 52-week low at $0.3, which suggests the last value was 95.1% up since then. When we look at AgEagle Aerial Systems, Inc.’s average trading volume, we note the 10-day average is 2.21 Million shares, with the 3-month average coming to 7.64 Million.

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Analysts gave the AgEagle Aerial Systems, Inc. (UAVS) stock a consensus recommendation rating of Buy, calculated at a mean rating of 0. If we narrow down to specifics, the data shows that none out of 1 analysts rate the stock as a Sell, with a further none assigning it an Overweight rating. Of the remaining, none recommended UAVS as a Hold, 1 felt it is a Buy and none rated the stock as Underweight. AgEagle Aerial Systems, Inc.’s EPS for the current quarter is expected to be $0.

Although UAVS has turned red as seen at the end of in last trading. With action -5.41%, the performance over the past five days has been red. The jump to weekly highs of $7.75- on Tuesday, Mar 23 added 21.03% to the stock’s daily price. The company’s shares are showing year-to-date upside of 0.02%, with the 5-day performance at -0.21% in the red. However, in the 30-day time frame, AgEagle Aerial Systems, Inc. (NYSE:UAVS) is -0.24% down. Looking at the short shares, we see there were 7.67 Million shares sold at short interest cover period of 1 days.

The consensus price target for the stock as assigned by Wall Street analysts is $453.75, meaning bulls need an upside of 7314.22% from its current market value. According to analyst projections, UAVS’s forecast low is $453.75 with $453.75 as the target high. To hit the forecast high, the stock’s price needs a +7314.22% upsurge from its current level, while the stock would need to tank 7314.22% for it to hit the projected low.

AgEagle Aerial Systems, Inc. (UAVS) estimates and forecasts

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -15.1%. The 2021 estimates are for AgEagle Aerial Systems, Inc. earnings to increase by 32.6%, but the outlook for the next 5-year period is at 0% per year.

AgEagle Aerial Systems, Inc. (NYSE:UAVS)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 19.12% of AgEagle Aerial Systems, Inc. shares while 3.62% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 4.47%. There are 35 institutions holding the AgEagle Aerial Systems, Inc. stock share, with State Street Corporation the top institutional holder. As of Dec 30, 2020, the company held 3.93% of the shares, roughly 2.31 Million UAVS shares worth $13.88 Million.

Blackrock Inc. holds the second largest percentage of outstanding shares, with 1.42% or 833.52 Thousand shares worth $5Million as of Dec 30, 2020.

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Among Mutual Funds, the top two as of Feb 27, 2021 were SPDR (R) Ser Tr-SPDR� Kensho New Economies Composite ETF and SPDR (R) Ser Tr-SPDR Kensho Smart Mobility ETF. With 1606194 shares estimated at $13.01 Million under it, the former controlled 2.73% of total outstanding shares. On the other hand, SPDR (R) Ser Tr-SPDR Kensho Smart Mobility ETF held about 1.98% of the shares, roughly 1.16 Million shares worth around $9.42 Million.