Duos Technologies Group (NASDAQ:DUOT) Issues Quarterly Earnings Results

Duos Technologies Group (NASDAQ:DUOTGet Free Report) issued its earnings results on Friday. The company reported ($0.15) EPS for the quarter, missing the consensus estimate of ($0.03) by ($0.12), FiscalAI reports. Duos Technologies Group had a negative net margin of 36.40% and a negative return on equity of 36.45%. The business had revenue of $2.72 million for the quarter, compared to analysts’ expectations of $9.60 million.

Duos Technologies Group Price Performance

Shares of DUOT stock traded up $0.38 during trading hours on Friday, hitting $8.97. The stock had a trading volume of 1,390,228 shares, compared to its average volume of 464,584. The stock has a market capitalization of $264.97 million, a price-to-earnings ratio of -13.00 and a beta of 1.06. Duos Technologies Group has a one year low of $5.78 and a one year high of $12.17. The stock’s 50-day moving average price is $7.79 and its two-hundred day moving average price is $9.05.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Squarepoint Ops LLC purchased a new position in shares of Duos Technologies Group during the fourth quarter valued at approximately $134,000. Worth Venture Partners LLC purchased a new position in shares of Duos Technologies Group during the third quarter valued at approximately $138,000. HRT Financial LP purchased a new position in shares of Duos Technologies Group during the fourth quarter valued at approximately $170,000. Osaic Holdings Inc. purchased a new position in shares of Duos Technologies Group during the fourth quarter valued at approximately $188,000. Finally, Barclays PLC boosted its position in shares of Duos Technologies Group by 921.3% during the fourth quarter. Barclays PLC now owns 18,241 shares of the company’s stock valued at $205,000 after buying an additional 16,455 shares during the period. Hedge funds and other institutional investors own 42.61% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on DUOT. Ascendiant Capital Markets increased their price target on Duos Technologies Group from $14.00 to $17.00 and gave the company a “buy” rating in a report on Friday, April 17th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Duos Technologies Group in a report on Monday, April 20th. Wall Street Zen raised Duos Technologies Group from a “sell” rating to a “hold” rating in a report on Sunday, April 19th. Finally, Zacks Research cut Duos Technologies Group from a “hold” rating to a “strong sell” rating in a report on Wednesday, April 22nd. One analyst has rated the stock with a Buy rating and two have issued a Sell rating to the stock. According to MarketBeat.com, Duos Technologies Group presently has a consensus rating of “Reduce” and an average price target of $17.00.

View Our Latest Analysis on DUOT

Duos Technologies Group Company Profile

(Get Free Report)

Duos Technologies Group, Inc provides advanced non-intrusive security and inspection solutions utilizing motion-based and artificial intelligence technologies. The company’s core offerings include intelligent video analytics, RFID checkpoint systems, and specialized screening devices designed to detect security threats and contraband across transportation, logistics and critical infrastructure environments. Duos integrates proprietary hardware with software to deliver automated inspection and monitoring tools that enhance safety and operational efficiency.

Among its primary products are automated gate-entry systems, railcar inspection portals and portable screening devices that use AI-driven image recognition and sensor fusion to identify objects such as unauthorized materials, pipeline anomalies or vehicle defects.

Recommended Stories

Earnings History for Duos Technologies Group (NASDAQ:DUOT)

Receive News & Ratings for Duos Technologies Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Duos Technologies Group and related companies with MarketBeat.com's FREE daily email newsletter.