What is Sidoti Csr's Estimate for Daktronics Q1 Earnings?

Daktronics, Inc. (NASDAQ:DAKT - Free Report) - Research analysts at Sidoti Csr dropped their Q1 2026 EPS estimates for Daktronics in a research report issued on Friday, June 27th. Sidoti Csr analyst A. Soderstrom now forecasts that the technology company will post earnings per share of $0.24 for the quarter, down from their prior 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' 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 results on Wednesday, June 25th. The technology company reported $0.18 EPS for the quarter, hitting the consensus estimate of $0.18. Daktronics had a negative net margin of 1.34% and a positive return on equity of 15.29%. The firm had revenue of $172.55 million for the quarter, compared to analysts' expectations of $189.10 million. During the same period in the previous year, the firm posted $0.27 EPS.

Daktronics Stock Down 3.0%

Shares of NASDAQ:DAKT traded down $0.47 during midday trading on Monday, reaching $15.12. The company had a trading volume of 907,014 shares, compared to its average volume of 485,332. Daktronics has a 1-year low of $10.24 and a 1-year high of $19.89. The stock has a market cap of $742.54 million, a PE ratio of -34.36, a P/E/G ratio of 0.51 and a beta of 1.62. 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 business's 50 day moving average price is $14.15 and its 200 day moving average price is $14.67.

Insider Buying and Selling

In related news, major shareholder Fox Opportunities Fund L. Alta sold 1,000,000 shares of Daktronics 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 transaction, the insider owned 4,973,599 shares in the company, valued at approximately $74,106,625.10. This trade represents a 16.74% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Andrew David Siegel purchased 2,500 shares of the company's stock in a transaction that occurred on Friday, April 4th. The stock was acquired at an average price of $11.50 per share, for a total transaction of $28,750.00. Following the purchase, the director owned 43,446 shares in the company, valued at $499,629. This trade represents a 6.11% increase in their position. The disclosure for this purchase can be found here. 5.20% of the stock is owned by company insiders.

Hedge Funds Weigh In On Daktronics

Large investors have recently made changes to their positions in the company. Rhumbline Advisers grew its holdings in Daktronics by 3.3% in the 4th quarter. Rhumbline Advisers now owns 58,951 shares of the technology company's stock valued at $994,000 after buying an additional 1,889 shares in the last quarter. Principal Financial Group Inc. increased its position in Daktronics by 8.5% during the fourth quarter. Principal Financial Group Inc. now owns 22,413 shares of the technology company's stock worth $378,000 after acquiring an additional 1,765 shares during the period. Atria Investments Inc increased its position in Daktronics by 17.0% during the fourth quarter. Atria Investments Inc now owns 15,508 shares of the technology company's stock worth $261,000 after acquiring an additional 2,252 shares during the period. Raymond James Financial Inc. acquired a new stake in Daktronics in the 4th quarter worth about $760,000. Finally, Retirement Solution LLC bought a new stake in Daktronics in the 4th quarter valued at about $169,000. Institutional investors 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.