Daktronics (DAKT) to Announce Quarterly Earnings on Wednesday

Key Points

• Daktronics is scheduled to report Q1 fiscal 2027 results before the market opens on September 2, 2026. Analysts expect earnings of $0.36 per share on $231.3 million in revenue.
• The company’s latest quarter exceeded expectations, with earnings of $0.27 per share versus a $0.20 consensus and revenue of $208.6 million versus $205.3 million expected.
• DAKT shares recently traded at $19.51, while analysts maintain a consensus “Hold” rating and a $29 target price. Recent insider activity included stock sales by two executives.

Daktronics (NASDAQ:DAKT - Get Free Report) is expected to post its Q1 2027 results before the market opens on Wednesday, September 2nd. Analysts expect the company to announce earnings of $0.36 per share and revenue of $231.2670 million for the quarter. Parties can find conference call details on the company's upcoming Q1 2027 earning results page for the latest details on the call scheduled for Wednesday, September 2, 2026 at 11:00 AM ET.

Daktronics (NASDAQ:DAKT - Get Free Report) last issued its quarterly earnings results on Wednesday, June 24th. The technology company reported $0.27 earnings per share for the quarter, topping the consensus estimate of $0.20 by $0.07. Daktronics had a return on equity of 17.62% and a net margin of 5.41%.The firm had revenue of $208.61 million for the quarter, compared to the consensus estimate of $205.27 million. During the same period in the prior year, the business posted ($0.19) earnings per share. On average, analysts expect Daktronics to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Daktronics Trading Up 2.1%

NASDAQ:DAKT opened at $19.51 on Thursday. The firm has a market cap of $941.94 million, a P/E ratio of 21.44, a P/E/G ratio of 0.63 and a beta of 1.68. Daktronics has a one year low of $16.78 and a one year high of $28.27. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.74 and a current ratio of 2.31. The firm has a 50-day simple moving average of $20.03 and a 200-day simple moving average of $20.90.

Insider Buying and Selling at Daktronics

In related news, insider Sheila Mae Anderson sold 3,636 shares of the business's stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $20.01, for a total value of $72,756.36. Following the sale, the insider owned 48,371 shares in the company, valued at approximately $967,903.71. The trade was a 6.99% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Bradley T. Wiemann sold 4,000 shares of the stock in a transaction dated Friday, July 17th. The stock was sold at an average price of $19.22, for a total value of $76,880.00. Following the transaction, the executive vice president directly owned 125,946 shares in the company, valued at approximately $2,420,682.12. The trade was a 3.08% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 4.60% of the company's stock.

Hedge Funds Weigh In On Daktronics

Several institutional investors have recently bought and sold shares of DAKT. Mercer Global Advisors Inc. ADV lifted its position in shares of Daktronics by 12.5% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 13,882 shares of the technology company's stock worth $274,000 after purchasing an additional 1,544 shares in the last quarter. State of Tennessee Department of Treasury acquired a new position in shares of Daktronics in the fourth quarter valued at approximately $438,000. Mackenzie Financial Corp grew its holdings in shares of Daktronics by 80.4% in the fourth quarter. Mackenzie Financial Corp now owns 122,099 shares of the technology company's stock valued at $2,390,000 after purchasing an additional 54,411 shares in the last quarter. Uniplan Investment Counsel Inc. increased its stake in Daktronics by 34.8% during the 4th quarter. Uniplan Investment Counsel Inc. now owns 192,061 shares of the technology company's stock worth $3,797,000 after buying an additional 49,564 shares during the period. Finally, Tudor Investment Corp ET AL purchased a new stake in Daktronics during the 4th quarter worth approximately $500,000. 61.69% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

DAKT has been the topic of several analyst reports. Roth Capital raised their target price on Daktronics from $26.00 to $29.00 and gave the stock a "buy" rating in a report on Thursday, July 2nd. Weiss Ratings raised shares of Daktronics from a "hold (c)" rating to a "hold (c+)" rating in a research note on Thursday, June 25th. Zacks Research raised shares of Daktronics from a "strong sell" rating to a "hold" rating in a report on Monday, June 15th. Finally, Wall Street Zen downgraded Daktronics from a "strong-buy" rating to a "buy" rating in a research note on Saturday, July 4th. One research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $29.00.

About Daktronics

Daktronics, Inc NASDAQ: DAKT is a leading designer and manufacturer of electronic display systems, video boards, scoreboards and related control systems. Founded in 1968 in Brookings, South Dakota by Al Kurtenbach and Duane Sander, the company has built a reputation for delivering custom visual display solutions to a wide range of markets. Its product portfolio includes large-format LED video displays, programmable message centers, digital billboards, and audio-visual solutions tailored to sports venues, transportation authorities, retail environments and live event producers.

The company's primary business activities encompass the engineering, fabrication and installation of display systems for customers around the world.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source