Sidoti Csr Brokers Reduce Earnings Estimates for Daktronics

Daktronics, Inc. (NASDAQ:DAKT - Free Report) - Equities researchers at Sidoti Csr lowered their Q1 2026 earnings per share estimates for shares of Daktronics in a research report issued on Friday, June 27th. Sidoti Csr analyst A. Soderstrom now forecasts that the technology company will earn $0.24 per share for the quarter, down from their prior estimate of $0.29. The consensus estimate for Daktronics' current full-year earnings is $0.96 per share. Sidoti Csr also issued estimates for Daktronics' Q2 2026 earnings at $0.29 EPS, Q3 2026 earnings at $0.20 EPS, Q4 2026 earnings at $0.29 EPS, Q1 2027 earnings at $0.29 EPS, Q2 2027 earnings at $0.35 EPS and Q3 2027 earnings at $0.22 EPS.

Daktronics (NASDAQ:DAKT - Get Free Report) last issued its quarterly earnings data on Wednesday, June 25th. The technology company reported $0.18 EPS for the quarter, hitting the consensus estimate of $0.18. The firm had revenue of $172.55 million for the quarter, compared to analyst estimates of $189.10 million. Daktronics had a negative net margin of 1.34% and a positive return on equity of 15.29%. During the same period in the prior year, the business posted $0.27 EPS.

Daktronics Trading Up 2.7%

NASDAQ DAKT traded up $0.45 on Monday, reaching $16.90. The stock had a trading volume of 509,956 shares, compared to its average volume of 483,144. The company has a quick ratio of 1.60, a current ratio of 2.22 and a debt-to-equity ratio of 0.19. The stock has a fifty day moving average price of $14.36 and a two-hundred day moving average price of $14.66. The firm has a market capitalization of $830.01 million, a price-to-earnings ratio of -38.41, a P/E/G ratio of 0.50 and a beta of 1.60. Daktronics has a 12-month low of $10.24 and a 12-month high of $19.89.

Insider Activity at Daktronics

In related news, Director Andrew David Siegel acquired 2,500 shares of the business's stock in a transaction that occurred on Friday, April 4th. The shares were acquired at an average cost of $11.50 per share, for a total transaction of $28,750.00. Following the completion of the purchase, the director directly owned 43,446 shares in the company, valued at $499,629. This trade represents a 6.11% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, major shareholder Fox Opportunities Fund L. Alta sold 1,000,000 shares of the company's stock in a transaction dated Thursday, May 29th. The stock was sold at an average price of $14.90, for a total transaction of $14,900,000.00. Following the completion of the sale, the insider directly owned 4,973,599 shares of the company's stock, valued at $74,106,625.10. The trade was a 16.74% decrease in their position. The disclosure for this sale can be found here. 5.50% of the stock is owned by company insiders.

Hedge Funds Weigh In On Daktronics

Several large investors have recently bought and sold shares of the stock. Inspire Investing LLC boosted its stake in Daktronics by 18.5% during the 1st quarter. Inspire Investing LLC now owns 28,141 shares of the technology company's stock valued at $343,000 after purchasing an additional 4,395 shares in the last quarter. Strs Ohio acquired a new stake in shares of Daktronics in the first quarter valued at $526,000. Empowered Funds LLC boosted its stake in Daktronics by 2.1% during the first quarter. Empowered Funds LLC now owns 242,535 shares of the technology company's stock valued at $2,954,000 after buying an additional 4,926 shares in the last quarter. Uniplan Investment Counsel Inc. boosted its stake in Daktronics by 0.8% during the first quarter. Uniplan Investment Counsel Inc. now owns 348,160 shares of the technology company's stock valued at $4,241,000 after buying an additional 2,669 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Daktronics by 6.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 24,210 shares of the technology company's stock worth $295,000 after purchasing an additional 1,476 shares during the last quarter. Institutional investors and hedge funds own 61.69% of the company's stock.

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.