Duos Technologies Group (NASDAQ:DUOT) Announces Earnings Results

Duos Technologies Group (NASDAQ:DUOT) posted its quarterly earnings data on Friday. The company reported ($0.15) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.12), FiscalAI reports. The business had revenue of $2.72 million during the quarter, compared to the consensus estimate of $9.60 million. Duos Technologies Group had a negative net margin of 36.40% and a negative return on equity of 36.45%.

Duos Technologies Group Price Performance

Shares of DUOT traded up $0.38 during trading hours on Friday, hitting $8.97. 1,390,228 shares of the stock were exchanged, compared to its average volume of 446,543. Duos Technologies Group has a fifty-two week low of $5.78 and a fifty-two week high of $12.17. The business has a 50-day moving average of $7.81 and a 200-day moving average of $9.05. The firm has a market capitalization of $264.97 million, a P/E ratio of -13.00 and a beta of 1.06.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Squarepoint Ops LLC purchased a new position in Duos Technologies Group during the fourth quarter valued at approximately $134,000. Worth Venture Partners LLC purchased a new stake in shares of Duos Technologies Group in the 3rd quarter valued at $138,000. HRT Financial LP purchased a new stake in shares of Duos Technologies Group in the 4th quarter worth about $170,000. Osaic Holdings Inc. purchased a new stake in shares of Duos Technologies Group in the 4th quarter worth about $188,000. Finally, Barclays PLC grew its position in shares of Duos Technologies Group by 921.3% in the 4th quarter. Barclays PLC now owns 18,241 shares of the company’s stock worth $205,000 after buying an additional 16,455 shares during the period. 42.61% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

DUOT has been the subject of a number of recent analyst reports. Ascendiant Capital Markets upped their price target on shares of Duos Technologies Group from $14.00 to $17.00 and gave the stock a “buy” rating in a report on Friday, April 17th. Wall Street Zen raised shares of Duos Technologies Group from a “sell” rating to a “hold” rating in a report on Sunday, April 19th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Duos Technologies Group in a research report on Monday, April 20th. Finally, Zacks Research cut shares of Duos Technologies Group from a “hold” rating to a “strong sell” rating in a research report on Wednesday, April 22nd. One equities research analyst has rated the stock with a Buy rating and two have given a Sell rating to the company. Based on data from MarketBeat, Duos Technologies Group has a consensus rating of “Reduce” and a consensus target price of $17.00.

Duos Technologies Group Company Profile

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.