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S&P 500   3,783.28
DOW   30,273.87
QQQ   281.98
Rivian Checks Off Boxes, But Still Needs a Lot to Go Right
Investor Alert: Argentina Loaded With "White Gold" Opportunity (Ad)
Live Updates: Russia-Ukraine War
Too Soon: 3 Reasons to Wait on DocuSign Stock
"The Most Critical Metal for Global Economies" (Ad)
OPEC+ makes big oil cut to boost prices; pump costs may rise
Hot Potato: Lamb Weston Stock Confirms a Top 
Rare Biden-Trump Alliance to Trigger Boom in US Lithium (Ad)
3 Alzheimer Stocks to Buy as the Race for a Cure Heats Up
Stocks slump as Wall Street’s big rally fades, yields rise
S&P 500   3,783.28
DOW   30,273.87
QQQ   281.98
Rivian Checks Off Boxes, But Still Needs a Lot to Go Right
Investor Alert: Argentina Loaded With "White Gold" Opportunity (Ad)
Live Updates: Russia-Ukraine War
Too Soon: 3 Reasons to Wait on DocuSign Stock
"The Most Critical Metal for Global Economies" (Ad)
OPEC+ makes big oil cut to boost prices; pump costs may rise
Hot Potato: Lamb Weston Stock Confirms a Top 
Rare Biden-Trump Alliance to Trigger Boom in US Lithium (Ad)
3 Alzheimer Stocks to Buy as the Race for a Cure Heats Up
Stocks slump as Wall Street’s big rally fades, yields rise
S&P 500   3,783.28
DOW   30,273.87
QQQ   281.98
Rivian Checks Off Boxes, But Still Needs a Lot to Go Right
Investor Alert: Argentina Loaded With "White Gold" Opportunity (Ad)
Live Updates: Russia-Ukraine War
Too Soon: 3 Reasons to Wait on DocuSign Stock
"The Most Critical Metal for Global Economies" (Ad)
OPEC+ makes big oil cut to boost prices; pump costs may rise
Hot Potato: Lamb Weston Stock Confirms a Top 
Rare Biden-Trump Alliance to Trigger Boom in US Lithium (Ad)
3 Alzheimer Stocks to Buy as the Race for a Cure Heats Up
Stocks slump as Wall Street’s big rally fades, yields rise

Daktronics (NASDAQ:DAKT) Rating Lowered to Sell at StockNews.com

Daktronics (NASDAQ:DAKT - Get Rating) was downgraded by equities researchers at StockNews.com from a "hold" rating to a "sell" rating in a report issued on Thursday.

Separately, TheStreet lowered shares of Daktronics from a "c-" rating to a "d+" rating in a report on Monday, September 12th.

Daktronics Price Performance

Shares of Daktronics stock traded down $0.03 during trading hours on Thursday, reaching $2.89. 111,681 shares of the company's stock were exchanged, compared to its average volume of 246,319. Daktronics has a 1 year low of $2.82 and a 1 year high of $6.00. The company has a market capitalization of $130.15 million, a P/E ratio of -15.21 and a beta of 0.83. The business has a fifty day moving average of $3.59 and a two-hundred day moving average of $3.50. The company has a quick ratio of 0.83, a current ratio of 1.53 and a debt-to-equity ratio of 0.23.

Daktronics (NASDAQ:DAKT - Get Rating) last announced its quarterly earnings data on Wednesday, August 31st. The technology company reported ($0.12) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.02 by ($0.14). Daktronics had a negative net margin of 1.32% and a negative return on equity of 4.36%.

Institutional Inflows and Outflows


Hedge funds have recently bought and sold shares of the stock. Abacus Planning Group Inc. purchased a new position in Daktronics during the first quarter worth about $39,000. SG Americas Securities LLC purchased a new position in Daktronics during the second quarter worth about $38,000. Y Intercept Hong Kong Ltd purchased a new position in Daktronics during the second quarter worth about $47,000. Laurion Capital Management LP purchased a new position in Daktronics during the second quarter worth about $48,000. Finally, Occudo Quantitative Strategies LP boosted its stake in Daktronics by 58.8% during the second quarter. Occudo Quantitative Strategies LP now owns 20,351 shares of the technology company's stock worth $61,000 after buying an additional 7,539 shares during the period. Hedge funds and other institutional investors own 47.68% of the company's stock.

Daktronics Company Profile

(Get Rating)

Daktronics, Inc designs, manufactures, markets, and sells electronic display systems and related products worldwide. It operates through five segments: Commercial, Live Events, High School Park and Recreation, Transportation, and International. The company offers video display systems, such as displays to show various levels of video, graphics, and animation; indoor and outdoor light emitting diodes (LED) video displays, including centerhung, landmark, ribbon board, and corporate office entrance displays, as well as video walls and hanging banners; mobile and modular display systems; architectural lighting and display products; indoor and outdoor scoreboards for various sports, digit displays, scoring and timing controllers, statistics software, and other related products; and timing systems for sports events primarily aquatics and track competitions, as well as swimming touchpads, race start systems, and relay take-off platforms.

See Also

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