Duos Technologies Group Inc. (DUOT)

Duos Technologies Group, Inc. (NASDAQ:DUOT) to Post Q2 2024 Earnings of ($0.31) Per Share, Northland Capmk Forecasts

Duos Technologies Group, Inc. (NASDAQ:DUOT – Free Report) – Research analysts at Northland Capmk upped their Q2 2024 earnings per share (EPS) estimates for shares of Duos Technologies Group in a report issued on Thursday, May 16th. Northland Capmk analyst M. Latimore now expects that the company will post earnings of ($0.31) per share for the quarter, up from their previous estimate of ($0.32). The consensus estimate for Duos Technologies Group’s current full-year earnings is ($0.88) per share. Northland Capmk also issued estimates for Duos Technologies Group’s Q3 2024 earnings at ($0.17) EPS, Q4 2024 earnings at ($0.02) EPS, FY2024 earnings at ($0.88) EPS and FY2025 earnings at ($0.30) EPS. Duos Technologies Group (NASDAQ:DUOT – Get Free Report) last released its quarterly earnings data on Monday, April 1st. The company reported ($0.44) EPS for the quarter. Duos Technologies Group had a negative return on equity of 237.64% and a negative net margin of 200.92%. The firm had revenue of $1.53 million during the quarter, compared to analyst estimates of $1.60 million. Duos Technologies Group Stock Performance NASDAQ:DUOT opened at $2.71 on Monday. The stock’s 50 day moving average price is $3.48 and its 200 day moving average price is $3.45. Duos Technologies Group has a 52 week low of $1.93 and a 52 week high of $7.20. The company has a market capitalization of $20.41 million, a P/E ratio of -1.64 and a beta of 1.16. Hedge Funds Weigh In On Duos Technologies Group A number of hedge funds have recently added to or reduced their stakes in DUOT. Private Advisor Group LLC increased its holdings in Duos Technologies Group by 6.9% in the third quarter. Private Advisor Group LLC now owns 51,756 shares of the company’s stock worth $266,000 after buying an additional 3,350 shares during the last quarter. Tucker Asset Management LLC grew its holdings in Duos Technologies Group by 10,829.0% during the third quarter. Tucker Asset Management LLC now owns 10,929 shares of the company’s stock valued at $56,000 after purchasing an additional 10,829 shares during the last quarter. Spire Wealth Management acquired a new position in Duos Technologies Group during the fourth quarter valued at approximately $100,000. Diversified Investment Strategies LLC grew its holdings in Duos Technologies Group by 25.0% during the first quarter. Diversified Investment Strategies LLC now owns 75,000 shares of the company’s stock valued at $326,000 after purchasing an additional 15,000 shares during the last quarter. Finally, Mesirow Financial Investment Management Inc. acquired a new position in Duos Technologies Group during the first quarter valued at approximately $85,000. Institutional investors and hedge funds own 42.61% of the company’s stock. About Duos Technologies Group (Get Free Report) Duos Technologies Group, Inc designs, develops, deploys, and operates intelligent technology solutions in North America. The company provides solutions, such as Centraco, an enterprise information management software platform that consolidates data and events from multiple sources into a unified and distributive user interface; and truevue360, an integrated platform to develop and deploy artificial intelligence algorithms, including machine learning, computer vision, object detection, and deep neural network-based processing for real-time applications. See Also Five stocks we like better than Duos Technologies Group How to invest in blue chip stocks MarketBeat Week in Review – 5/13 – 5/17 Dividend King Proctor & Gamble Is A Buy On Post-Earnings Weakness Take-Two Interactive Software Offers 2nd Chance for Investors Why Understanding Call Option Volume is Essential to Successful Options Trading Deere & Company’s Q2 Report: Strong Revenue, Cautious Outlook