What is Sidoti Csr's Estimate for Daktronics Q2 Earnings?

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 dropped their Q2 2026 earnings per share (EPS) estimates for Daktronics in a research note issued to investors on Thursday, September 11th. Sidoti Csr analyst A. Soderstrom now expects 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.

DAKT has been the topic of several other research reports. 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 report on Thursday, September 11th. One equities research analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Strong Buy" and an average price target of $26.00.

Daktronics Stock Down 2.4%

Shares of NASDAQ:DAKT traded down $0.57 during mid-day trading on Friday, hitting $22.98. 419,208 shares of the company traded hands, compared to its average volume of 432,496. The stock has a market cap of $1.12 billion, a P/E ratio of 40.07, a P/E/G ratio of 0.74 and a beta of 1.69. The company has a current ratio of 2.07, a quick ratio of 1.54 and a debt-to-equity ratio of 0.19. Daktronics has a 12-month low of $10.24 and a 12-month high of $24.38. The stock has a 50-day moving average price of $17.34 and a two-hundred day moving average price of $14.94.

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

Institutional Trading of Daktronics

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Osaic Holdings Inc. raised its stake in shares of Daktronics by 3.2% during the 2nd quarter. Osaic Holdings Inc. now owns 23,638 shares of the technology company's stock valued at $357,000 after purchasing an additional 728 shares during the period. SummerHaven Investment Management LLC increased its position in shares of Daktronics by 1.6% during the 1st quarter. SummerHaven Investment Management LLC now owns 56,355 shares of the technology company's stock valued at $686,000 after purchasing an additional 876 shares during the last quarter. Principal Financial Group Inc. increased its position in shares of Daktronics by 4.0% during the 1st quarter. Principal Financial Group Inc. now owns 23,311 shares of the technology company's stock valued at $284,000 after purchasing an additional 898 shares during the last quarter. The Manufacturers Life Insurance Company increased its position in shares of Daktronics by 9.0% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 15,193 shares of the technology company's stock valued at $230,000 after purchasing an additional 1,253 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Daktronics by 6.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 24,210 shares of the technology company's stock valued at $295,000 after purchasing an additional 1,476 shares during the last quarter. 61.69% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, Director John Patrick Friel sold 13,479 shares of the business's stock in a transaction on Monday, September 15th. The stock was sold at an average price of $23.58, for a total transaction of $317,834.82. Following the sale, the director directly owned 74,094 shares in the company, valued at approximately $1,747,136.52. The trade was a 15.39% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Sheila Mae Anderson sold 3,839 shares of the business's stock in a transaction on Thursday, August 7th. The shares were sold at an average price of $16.86, for a total value of $64,725.54. Following the sale, the insider owned 39,495 shares in the company, valued at approximately $665,885.70. The trade was a 8.86% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 5.30% of the company's stock.

Daktronics Company Profile

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.