Daktronics - DAKT Stock Forecast, Price & News

Daktronics, Inc. designs, manufactures, markets, and sells electronic display systems and related products worldwide. It operates through five segments: Commercial, Live Events, High School Park and Recreation, Transportation, and International. The company offers video display systems, such as displays to show various levels of video, graphics, and animation; indoor and outdoor light emitting diodes (LED) video displays, including centerhung, landmark, ribbon board, and corporate office entrance displays, as well as video walls and hanging banners; mobile and modular display systems; architectural lighting and display products; indoor and outdoor scoreboards for various sports, digit displays, scoring and timing controllers, statistics software, and other related products; and timing systems for sports events primarily aquatics and track competitions, as well as swimming touchpads, race start systems, and relay take-off platforms. It also provides control components for video displays in live event applications; message displays; ITS dynamic message signs, including LED displays for road management; mass transit displays; and sound systems for indoor and outdoor sports venues. In addition, the company offers out-of-home advertising displays comprising digital billboards and street furniture displays; DataTime product line that consists of outdoor time and temperature displays; and Fuelight digit displays designed for the petroleum industry. Further, it provides ADFLOW DMS systems that include indoor networked solutions for retailers, convenience stores, and other businesses; and Venus Control Suite, Show Control, Vanguard, and others, as well as maintenance and professional services related to its products. The company sells its products through direct sales and resellers. Daktronics, Inc. was founded in 1968 and is headquartered in Brookings, South Dakota.

Analysts Set New Price Targets

Separately, TheStreet cut Daktronics from a "c-" rating to a "d+" rating in a research note on Monday, May 23rd.

Daktronics Stock Performance

NASDAQ:DAKT opened at $4.07 on Friday. Daktronics has a 1 year low of $2.82 and a 1 year high of $6.32. The firm has a market capitalization of $183.27 million, a price-to-earnings ratio of 407.41 and a beta of 0.79. The company has a current ratio of 1.49, a quick ratio of 0.86 and a debt-to-equity ratio of 0.09. The firm's 50 day simple moving average is $3.35 and its 200 day simple moving average is $3.73.

Daktronics (NASDAQ:DAKT - Get Rating) last issued its earnings results on Wednesday, June 8th. The technology company reported ($0.02) earnings per share for the quarter. Daktronics had a net margin of 0.10% and a return on equity of 0.30%. The business had revenue of $162.20 million during the quarter.