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Wrap Technologies, Inc. (WRAP)

NASDAQ: WRAP · IEX Real-Time Price · USD
5.66
+0.04 (0.71%)
After-hours:Oct 22, 2021 5:37 PM EDT
5.62
-0.25 (-4.26%)
At close: Oct 22, 4:00 PM
Market Cap227.49M
Revenue (ttm)5.90M
Net Income (ttm)-20.65M
Shares Out38.16M
EPS (ttm)-0.55
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume294,564
Open5.83
Previous Close5.87
Day's Range5.56 - 5.93
52-Week Range4.56 - 9.80
Beta1.87
AnalystsBuy
Price Target9.63 (+71.4%)
Est. Earnings DateOct 28, 2021

About WRAP

Wrap Technologies, Inc., a public safety technology and services company, develops policing solutions to law enforcement and security personnel. The company develops BolaWrap 100, a hand-held remote restraint device that discharges an eight-foot bola style Kevlar tether to entangle a subject at a range of 10-25 feet. It operates in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company was founded in 2016 and is headquartered in Tempe, Arizona.

IndustryElectronic Equipment, Instruments & Components
Founded2016
Employees52
Stock ExchangeNASDAQ
Ticker SymbolWRAP
Full Company Profile

Financial Performance

In 2020, WRAP's revenue was $3.94 million, an increase of 466.03% compared to the previous year's $696,790. Losses were -$12.58 million, 51.1% more than in 2019.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for WRAP stock is "Buy." The 12-month stock price forecast is 9.63, which is an increase of 71.35% from the latest price.

Price Target
$9.63
(71.35% upside)
Analyst Consensus: Buy

News

Analysts Estimate Wrap Technologies, Inc. (WRAP) to Report a Decline in Earnings: What to Look Out for

Wrap Technologies, Inc. (WRAP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 day ago - Zacks Investment Research

Indiana's First Police Agency Takes the Lead with Wrap Reality

Center Township of Indiana's Clinton County Donates System to Frankfort Police Department in Support of Enhancing Training for De-Escalation Center Township of Indiana's Clinton County Donates System to...

3 days ago - GlobeNewsWire

WRAP Technologies Sets Third Quarter 2021 Conference Webcast for Thursday, October 28 at 4:30 PM ET

TEMPE, Ariz., Oct. 14, 2021 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (the “Company” or “WRAP”) (Nasdaq: WRAP), a global leader in innovative public safety technologies and services, will hold a Zoom ...

1 week ago - GlobeNewsWire

WRAP Unveils Highly-Anticipated Next Generation BolaWrap® 150 Remote Restraint Device

TEMPE, Ariz., Oct. 12, 2021 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (the “Company” or “WRAP”) (Nasdaq: WRAP), a global leader in innovative public safety technologies and services, announced today t...

1 week ago - GlobeNewsWire

WRAP to Introduce its Next Generation BolaWrap®

Company to host webcast on Tuesday, October 12th at 1pm ET Company to host webcast on Tuesday, October 12th at 1pm ET

2 weeks ago - GlobeNewsWire

Two New Bodycam Videos Highlight WRAP's BolaWrap® Effectiveness For Safer Policing Outcomes

BolaWrap Field Use Continues to Increase as Result of Successful Deployments BolaWrap Field Use Continues to Increase as Result of Successful Deployments

2 weeks ago - GlobeNewsWire

WRAP to Present at Two Upcoming Investor Conferences

2021 Lytham Partners Fall Investor Conference to be held on October 5 th LD Micro Main Event to be held on October 12 th

3 weeks ago - GlobeNewsWire

WRAP Appoints UK Government Adviser and Law Enforcement Veteran as Vice President of International Customer Relations

Becky Newman to support Company's infrastructure to meet growing global demand for WRAP's BolaWrap® and Wrap Reality™ Becky Newman to support Company's infrastructure to meet growing global demand for W...

1 month ago - GlobeNewsWire

Washington, D.C. Area Officers Effectively Deploy BolaWrap® to Help Safely End Encounter

Bodycam Illustrates Unpredictable Challenges of Safely Intervening with Person in Crisis and How BolaWrap Can Help Bodycam Illustrates Unpredictable Challenges of Safely Intervening with Person in Crisi...

1 month ago - GlobeNewsWire

Officers Successfully Deploy WRAP's BolaWrap® to Help Restrain Violent Subject in Crisis in Washington

TEMPE, Ariz., Sept. 10, 2021 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (the “Company” or “WRAP”) (Nasdaq: WRAP), a global leader in innovative public safety technologies and services, released new bod...

1 month ago - GlobeNewsWire

Genova, Italy Police Department Deployment of WRAP's BolaWrap® Announced

TEMPE, Ariz., Sept. 09, 2021 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (the “Company” or “WRAP”) (Nasdaq: WRAP), a global leader in innovative public safety technologies and services, today announced ...

1 month ago - GlobeNewsWire

WRAP to Participate in Colliers Securities Institutional and H.C. Wainwright Global Investment Conferences (Virtual)

TEMPE, Ariz., Sept. 07, 2021 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (the “Company” or “WRAP”) (Nasdaq: WRAP), a global leader in innovative public safety technologies and services, announced today ...

1 month ago - GlobeNewsWire

Houston Police Deploy Two BolaWrap® Devices Simultaneously to Help Safely Restrain Subject

TEMPE, Ariz., Sept. 01, 2021 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (the “Company” or “WRAP”) (Nasdaq: WRAP), a global leader in innovative public safety technologies and services, released new bod...

1 month ago - GlobeNewsWire

Virtual Reality Executive Clark Dever Named VP of Product Management for Wrap Reality™

Dever previously architected VR and AR Solutions for the U.S. Navy and will now expand WRAP's VR training platform powered by Amazon Web Services Dever previously architected VR and AR Solutions for the...

1 month ago - GlobeNewsWire

WRAP Announces Initial Miami Police Department Order for BolaWrap® Remote Restraint Devices

Follows Demonstration to Miami Mayor and City Council Follows Demonstration to Miami Mayor and City Council

1 month ago - GlobeNewsWire

WRAP Holds Thought Leadership Discussion with Amazon Web Services Executive and Miami Police Chief on the Future of V...

TEMPE, Ariz., Aug. 25, 2021 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (the “Company” or “WRAP”) (Nasdaq: WRAP), a global leader in innovative public safety technologies and services, released an inter...

1 month ago - GlobeNewsWire

Royal Canadian Mounted Police (RCMP) Classification of WRAP's BolaWrap® Device Expected to Broaden Sales in Canada

RCMP Classifies BolaWrap 100 exempt as a prohibited device or firearm RCMP Classifies BolaWrap 100 exempt as a prohibited device or firearm

1 month ago - GlobeNewsWire

Wednesday Afternoon Analyst Upgrades and Downgrades: Centennial Resource Development, Latch and More

With the trading day more than halfway over, the broad markets had made a comeback from the open but for the most part they were still negative.

Other symbols:CDEVLTCHMKTWOBORTX
2 months ago - 24/7 Wall Street

Bear of the Day: Wrap Technologies (WRAP)

Investors might be too early on this idea.

2 months ago - Zacks Investment Research

New Bodycam Footage of Officers Using WRAP's BolaWrap® to Help De-escalate Crisis Situation

TEMPE, Ariz., Aug. 17, 2021 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (the “Company” or “WRAP”) (Nasdaq: WRAP), a global leader in innovative public safety technologies and services, released new body...

2 months ago - GlobeNewsWire

WRAP Appoints Law Enforcement Industry Veteran Mario Knapp as Vice President of Training

Knapp leads subject matter experts in guiding Wrap Reality's comprehensive training platform

2 months ago - GlobeNewsWire

WRAP to Join Benzinga All Access Show on Friday, August 13, 2021

CEO Tom Smith to discuss recent corporate & financial highlights and its BolaWrap® and Wrap Reality™ family of products CEO Tom Smith to discuss recent corporate & financial highlights and its BolaWrap®...

2 months ago - GlobeNewsWire

Colorado Officers Successfully Deploy WRAP's BolaWrap® to Restrain Woman in Crisis

TEMPE, Ariz., Aug. 10, 2021 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (the “Company” or “WRAP”) (Nasdaq: WRAP), a global leader in innovative public safety technologies and services, announced the rel...

2 months ago - GlobeNewsWire

WRAP Publishes Initial Environmental, Social and Governance Letter

TEMPE, Ariz., Aug. 09, 2021 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (the "Company" or "WRAP") (Nasdaq: WRAP), a global leader in innovative public safety technologies and services, today published i...

2 months ago - GlobeNewsWire

WRAP Reports Hillsborough Sheriff Department Purchases BolaWrap® Devices Following Successful Pilot Program

Department also releases bodycam field use videos Department also releases bodycam field use videos

2 months ago - GlobeNewsWire