Sidoti Csr Predicts Daktronics' Q2 Earnings (NASDAQ:DAKT)

Key Points

• Sidoti Csr has revised down Daktronics' Q2 2026 earnings per share estimate from $0.29 to $0.27, with a full-year earnings estimate of $0.96 per share.
• Wall Street Zen upgraded Daktronics from a "hold" rating to a "buy" rating, contributing to the stock's current average rating of "Buy" with a consensus target price of $26.00.
• Daktronics' stock has recently shown volatility, opening at $22.21 with a 12-month range between $10.24 and $22.53.

Daktronics, Inc. (NASDAQ:DAKT - Free Report) - Analysts at Sidoti Csr reduced their Q2 2026 EPS estimates for shares of Daktronics in a research report issued to clients and investors on Thursday, September 11th. Sidoti Csr analyst A. Soderstrom now forecasts that the technology company will post earnings of $0.27 per share for the quarter, down from their previous forecast of $0.29. The consensus estimate for Daktronics' current full-year earnings is $0.96 per share. Sidoti Csr also issued estimates for Daktronics' Q3 2026 earnings at $0.22 EPS, Q4 2026 earnings at $0.28 EPS, FY2026 earnings at $1.09 EPS, Q1 2027 earnings at $0.36 EPS, Q2 2027 earnings at $0.32 EPS, Q3 2027 earnings at $0.24 EPS, Q4 2027 earnings at $0.31 EPS and FY2027 earnings at $1.24 EPS.

Daktronics (NASDAQ:DAKT - Get Free Report) last posted its earnings results on Wednesday, September 10th. The technology company reported $0.33 earnings per share for the quarter, beating the consensus estimate of $0.24 by $0.09. Daktronics had a net margin of 1.51% and a return on equity of 14.64%. The firm had revenue of $218.97 million during the quarter, compared to the consensus estimate of $196.90 million.

Several other equities analysts also recently weighed in on DAKT. Wall Street Zen raised Daktronics from a "buy" rating to a "strong-buy" rating in a research report on Sunday. Zacks Research raised Daktronics from a "hold" rating to a "strong-buy" rating in a research note on Thursday. One investment analyst has rated the stock with a Strong Buy rating and one has issued a Buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Strong Buy" and a consensus price target of $26.00.

Daktronics Price Performance

Shares of DAKT traded up $0.65 during mid-day trading on Friday, reaching $24.04. 724,835 shares of the company's stock were exchanged, compared to its average volume of 439,217. The company has a quick ratio of 1.54, a current ratio of 2.07 and a debt-to-equity ratio of 0.19. Daktronics has a 52-week low of $10.24 and a 52-week high of $24.25. The company has a market cap of $1.17 billion, a price-to-earnings ratio of 20.03, a PEG ratio of 0.72 and a beta of 1.69. The company has a 50-day simple moving average of $17.06 and a two-hundred day simple moving average of $14.81.

Insider Buying and Selling

In related news, insider Sheila Mae Anderson sold 3,839 shares of the stock in a transaction dated Thursday, August 7th. The stock was sold at an average price of $16.86, for a total transaction of $64,725.54. Following the transaction, the insider directly owned 39,495 shares in the company, valued at approximately $665,885.70. This represents a 8.86% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders own 5.30% of the company's stock.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Deutsche Bank AG grew its holdings in Daktronics by 55.8% in the fourth quarter. Deutsche Bank AG now owns 30,648 shares of the technology company's stock valued at $517,000 after purchasing an additional 10,977 shares during the period. Janney Montgomery Scott LLC acquired a new position in shares of Daktronics in the 1st quarter valued at $135,000. ProShare Advisors LLC purchased a new stake in shares of Daktronics during the 4th quarter valued at $190,000. Victory Capital Management Inc. increased its holdings in shares of Daktronics by 29.8% during the 1st quarter. Victory Capital Management Inc. now owns 181,870 shares of the technology company's stock worth $2,215,000 after buying an additional 41,731 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD raised its position in shares of Daktronics by 31.6% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 15,599 shares of the technology company's stock worth $263,000 after buying an additional 3,746 shares during the period. 61.69% of the stock is currently owned by hedge funds and other institutional investors.

About Daktronics

Daktronics, Inc designs, manufactures, and sells electronic scoreboards, programmable display systems and large screen video displays for sporting, commercial, and transportation applications in the United States and internationally. It operates through Commercial, Live Events, High School Park and Recreation, Transportation, and International segments.