Daktronics Company Profile (NASDAQ:DAKT)

About Daktronics (NASDAQ:DAKT)

Daktronics logoDaktronics, Inc. is a supplier of electronic scoreboards, electronic display systems, digital messaging solutions, software and services for sporting, commercial and transportation applications. The Company operates through five segments: Commercial, Live Events, High School Park and Recreation, Transportation, and International. The Company offers a range of products, from small scoreboards and electronic displays to video display systems, as well as related control, timing and sound systems. It designs, markets, manufactures, installs and services integrated systems displaying real-time data, graphics, animation and video. Its product families include video displays, scoreboards and timing systems, message displays, intelligent transportation systems (ITS) dynamic message signs, space availability displays, audio systems, advertising displays, digit and price displays and digital messaging systems.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Computer Based Systems
  • Sub-Industry: Electronic Equipment & Instruments
  • Symbol: NASDAQ:DAKT
  • CUSIP: 23426410
  • Web: www.daktronics.com
  • Market Cap: $402.77 million
  • Outstanding Shares: 44,067,000
Average Prices:
  • 50 Day Moving Avg: $9.27
  • 200 Day Moving Avg: $9.75
  • 52 Week Range: $5.92 - $11.12
  • Trailing P/E Ratio: 62.18
  • Foreward P/E Ratio: 21.76
  • P/E Growth: 1.69
Sales & Book Value:
  • Annual Revenue: $581.32 million
  • Price / Sales: 0.69
  • Book Value: $4.53 per share
  • Price / Book: 2.02
  • Annual Dividend: $0.28
  • Dividend Yield: 3.1%
  • EBIDTA: $29.14 million
  • Net Margins: 1.64%
  • Return on Equity: 4.76%
  • Return on Assets: 2.72%
  • Debt-to-Equity Ratio: 0.07%
  • Current Ratio: 2.12%
  • Quick Ratio: 1.60%
  • Average Volume: 128,911 shs.
  • Beta: 1.41
  • Short Ratio: 10.8

Frequently Asked Questions for Daktronics (NASDAQ:DAKT)

What is Daktronics' stock symbol?

Daktronics trades on the NASDAQ under the ticker symbol "DAKT."

How often does Daktronics pay dividends? What is the dividend yield for Daktronics?

Daktronics declared a quarterly dividend on Friday, March 3rd. Investors of record on Monday, March 13th will be paid a dividend of $0.07 per share on Friday, March 24th. This represents a $0.28 annualized dividend and a yield of 3.06%. The ex-dividend date is Thursday, March 9th. View Daktronics' Dividend History.

How were Daktronics' earnings last quarter?

Daktronics, Inc. (NASDAQ:DAKT) issued its earnings results on Tuesday, August, 23rd. The company reported $0.13 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.05 by $0.08. The company earned $157.15 million during the quarter, compared to the consensus estimate of $150 million. Daktronics had a net margin of 1.64% and a return on equity of 4.76%. The business's quarterly revenue was up 4.6% on a year-over-year basis. During the same period in the prior year, the firm earned $0.09 EPS. View Daktronics' Earnings History.

When will Daktronics make its next earnings announcement?

Daktronics is scheduled to release their next quarterly earnings announcement on Tuesday, May, 30th 2017. View Earnings Estimates for Daktronics.

Where is Daktronics' stock going? Where will Daktronics' stock price be in 2017?

4 brokers have issued 12 month target prices for Daktronics' shares. Their forecasts range from $10.50 to $14.00. On average, they anticipate Daktronics' share price to reach $12.25 in the next year. View Analyst Ratings for Daktronics.

What are analysts saying about Daktronics stock?

Here are some recent quotes from research analysts about Daktronics stock:

  • 1. According to Zacks Investment Research, "Daktronics Inc. has strong leadership positions in, and is one of the world's largest suppliers of, electronic scoreboards, computer-programmable displays, and large screen video displays and control systems. The company excels in the control of large display systems, including those that require integration of multiple complex displays showing real-time information, graphics, animation and video. Daktronics designs, manufactures, markets and services display systems for customers around the world in sport, business and transportation applications. " (5/16/2017)
  • 2. Needham & Company LLC analysts commented, "DAKT posted disappointing results for the seasonally weak FQ3, with revs coming in 7% below our est. The rev shortfall resulted in weaker gross margins, leading to a larger seasonal loss. Orders increased 23% y/o/y, led by 20% growth in Live Events and a solid q/o/q and y/o/y rebound in the International business. The book-to-bill was 1.24. Mgmt guided to slight y/o/y growth compared with our expectations of low double-digit growth. The selloff in the shares today resulting from the disappointing print and guide appears overdone, in our view, particularly in light of the continued solid bookings and reasonably healthy underlying demand. With the shares trading at 0.5x EV/out-year revs and 7x adjusted EBITDA and DAKT shares offering a 3% dividend yield, we believe there is solid value at current levels. Maintain Buy." (2/21/2017)

Who are some of Daktronics' key competitors?

Who owns Daktronics stock?

Daktronics' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (5.52%), Vanguard Group Inc. (4.67%), RidgeWorth Capital Management LLC (3.59%), First Bank & Trust (2.73%), Bank of New York Mellon Corp (1.61%) and Royce & Associates LP (0.85%). Company insiders that own Daktronics stock include James B Morgan, John Patrick Friel, Kevin Patrick Mcdermott, Matthew John Kurtenbach, Nancy D Frame and Reece A Kurtenbach. View Institutional Ownership Trends for Daktronics.

Who sold Daktronics stock? Who is selling Daktronics stock?

Daktronics' stock was sold by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC, Royce & Associates LP, Morgan Stanley, Algert Global LLC, Russell Investments Group Ltd., Dynamic Technology Lab Private Ltd, Parametric Portfolio Associates LLC and Spark Investment Management LLC. Company insiders that have sold Daktronics stock in the last year include James B Morgan and Matthew John Kurtenbach. View Insider Buying and Selling for Daktronics.

Who bought Daktronics stock? Who is buying Daktronics stock?

Daktronics' stock was purchased by a variety of institutional investors in the last quarter, including Scout Investments Inc., RidgeWorth Capital Management LLC, Dimensional Fund Advisors LP, Vanguard Group Inc., Renaissance Technologies LLC, Menta Capital LLC, Strs Ohio and American Century Companies Inc.. Company insiders that have bought Daktronics stock in the last two years include John Patrick Friel, Kevin Patrick Mcdermott and Reece A Kurtenbach. View Insider Buying and Selling for Daktronics.

How do I buy Daktronics stock?

Shares of Daktronics can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Daktronics stock cost?

One share of Daktronics stock can currently be purchased for approximately $9.14.

Analyst Ratings

Consensus Ratings for Daktronics (NASDAQ:DAKT) (?)
Ratings Breakdown: 2 Hold Ratings, 2 Buy Ratings
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $12.25 (34.03% upside)

Analysts' Ratings History for Daktronics (NASDAQ:DAKT)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
2/21/2017Needham & Company LLCLower Price TargetBuy$11.00 -> $10.50N/AView Rating Details
12/19/2016Singular ResearchInitiated CoverageBuy$14.00N/AView Rating Details
6/1/2016Griffin SecuritiesDowngradeBuy -> NeutralN/AView Rating Details
6/1/2016SidotiDowngradeBuy -> NeutralN/AView Rating Details
(Data available from 5/27/2015 forward)


Earnings History for Daktronics (NASDAQ:DAKT)
Earnings by Quarter for Daktronics (NASDAQ:DAKT)
Earnings History by Quarter for Daktronics (NASDAQ:DAKT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/21/2017Q3 2017($0.02)($0.12)$126.07 million$115.70 millionViewListenView Earnings Details
11/22/2016Q217$0.11$0.20$161.50 million$170.00 millionViewN/AView Earnings Details
8/23/2016Q117$0.05$0.13$150.00 million$157.15 millionViewListenView Earnings Details
6/1/2016Q416$0.08($0.07)$155.00 million$138.46 millionViewN/AView Earnings Details
2/23/2016Q316$0.02($0.04)$125.25 million$123.80 millionViewListenView Earnings Details
11/24/2015Q216$0.19$0.07$174.83 million$157.67 millionViewListenView Earnings Details
8/25/2015Q116$0.14$0.09$176.47 million$150.20 millionViewListenView Earnings Details
6/2/2015Q415$0.11$0.09$142.15 million$158.10 millionViewListenView Earnings Details
2/24/2015Q315$0.09$0.01$128.70 million$118.10 millionViewListenView Earnings Details
11/25/2014Q215$0.28$0.18$166.30 million$173.10 millionViewN/AView Earnings Details
8/26/2014Q115$0.19$0.20$152.36 million$166.60 millionViewN/AView Earnings Details
5/28/2014Q414$0.14$0.04$139.00 million$136.20 millionViewN/AView Earnings Details
2/18/2014Q314$0.08$0.07$120.00 million$115.40 millionViewN/AView Earnings Details
11/19/2013Q2$0.21$0.27$152.67 million$161.60 millionViewListenView Earnings Details
8/20/2013Q1 2014$0.11$0.13$135.67 million$138.70 millionViewN/AView Earnings Details
5/29/2013Q4 2013$0.07$0.04$123.00 million$124.50 millionViewN/AView Earnings Details
2/19/2013Q3 2013$0.07$0.06$123.83 million$111.10 millionViewN/AView Earnings Details
11/20/20120.27$0.27$149.90 millionViewN/AView Earnings Details
8/21/2012$0.05$0.16ViewN/AView Earnings Details
5/30/2012$0.04($0.01)ViewN/AView Earnings Details
2/21/2012$0.07$0.04ViewN/AView Earnings Details
11/22/2011$0.13$0.09ViewN/AView Earnings Details
8/23/2011$0.12$0.08ViewN/AView Earnings Details
6/1/2011$0.05$0.07ViewN/AView Earnings Details
2/22/2011$0.03$0.04ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Daktronics (NASDAQ:DAKT)
2017 EPS Consensus Estimate: $0.15
2018 EPS Consensus Estimate: $0.34
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.05$0.05$0.05
Q2 20171$0.10$0.10$0.10
Q3 20171$0.00$0.00$0.00
Q4 20171$0.00$0.00$0.00
Q1 20181$0.13$0.13$0.13
Q2 20181$0.17$0.17$0.17
Q3 20181$0.00$0.00$0.00
Q4 20181$0.04$0.04$0.04
(Data provided by Zacks Investment Research)


Current Dividend Information for Daktronics (NASDAQ:DAKT)
Most Recent Dividend:3/24/2017
Annual Dividend:$0.28
Dividend Yield:3.06%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:127.28% (Trailing 12 Months of Earnings)
103.70% (Based on This Year's Estimates)
66.67% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Daktronics (NASDAQ:DAKT)

Dividend History by Quarter for Daktronics (NASDAQ:DAKT)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Daktronics (NASDAQ:DAKT)
Insider Ownership Percentage: 8.40%
Institutional Ownership Percentage: 50.03%
Insider Trades by Quarter for Daktronics (NASDAQ:DAKT)
Institutional Ownership by Quarter for Daktronics (NASDAQ:DAKT)
Insider Trades by Quarter for Daktronics (NASDAQ:DAKT)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/30/2016James B MorganDirectorSell7,500$10.58$79,350.00View SEC Filing  
12/29/2016James B MorganDirectorSell12,500$10.67$133,375.00View SEC Filing  
12/27/2016James B MorganDirectorSell7,500$10.65$79,875.00View SEC Filing  
12/23/2016James B MorganDirectorSell5,000$10.50$52,500.00View SEC Filing  
12/22/2016Matthew John KurtenbachVPSell2,000$10.61$21,220.00View SEC Filing  
12/21/2016James B MorganDirectorSell5,000$10.50$52,500.00View SEC Filing  
11/29/2016Matthew John KurtenbachVPSell10,300$10.58$108,974.00View SEC Filing  
7/5/2016Kevin Patrick McdermottDirectorBuy2,000$6.10$12,200.00View SEC Filing  
6/28/2016Reece A KurtenbachCEOBuy10,000$6.20$62,000.00View SEC Filing  
6/23/2016Kevin Patrick McdermottDirectorBuy3,900$6.48$25,272.00View SEC Filing  
3/29/2016Kevin Patrick McdermottDirectorBuy1,500$7.83$11,745.00View SEC Filing  
12/16/2015Kevin Patrick McdermottDirectorBuy1,000$8.95$8,950.00View SEC Filing  
9/14/2015Kevin Patrick McdermottDirectorBuy1,196$8.37$10,010.52View SEC Filing  
9/8/2015John Patrick FrielDirectorBuy5,000$8.61$43,050.00View SEC Filing  
6/18/2015Matthew John KurtenbachVPSell5,000$11.51$57,550.00View SEC Filing  
6/12/2015Nancy D FrameDirectorSell12,000$11.23$134,760.00View SEC Filing  
6/10/2015Matthew John KurtenbachVPSell5,000$11.51$57,550.00View SEC Filing  
6/5/2015Matthew John KurtenbachVPSell10,000$11.14$111,400.00View SEC Filing  
12/30/2014Nancy D FrameDirectorSell1,000$12.51$12,510.00View SEC Filing  
12/29/2014Matthew John KurtenbachVPSell5,000$12.75$63,750.00View SEC Filing  
12/22/2014Matthew John KurtenbachVPSell5,000$12.57$62,850.00View SEC Filing  
12/19/2014Matthew John KurtenbachVPSell9,843$12.39$121,954.77View SEC Filing  
12/17/2014Matthew John KurtenbachVPSell5,157$12.15$62,657.55View SEC Filing  
6/19/2014Byron J AndersonDirectorSell12,821$11.83$151,672.43View SEC Filing  
12/27/2013Matthew John KurtenbachVPSell10,000$15.34$153,400.00View SEC Filing  
12/12/2013James VellengaDirectorSell3,000$14.93$44,790.00View SEC Filing  
12/9/2013Reece KurtenbachCEOSell8,000$15.54$124,320.00View SEC Filing  
12/6/2013Nancy FrameDirectorSell6,000$15.72$94,320.00View SEC Filing  
11/21/2013Bradley WiemannVPSell10,000$15.00$150,000.00View SEC Filing  
11/19/2013Bradley WiemannVPSell20,000$13.55$271,000.00View SEC Filing  
10/18/2013Bradley T WiemannVPSell10,000$12.00$120,000.00View SEC Filing  
6/4/2013Aelred J KurtenbachChairmanBuy3,600$10.33$37,188.00View SEC Filing  
5/28/2013Bradley T WiemannEVPSell10,000$11.00$110,000.00View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for Daktronics (NASDAQ:DAKT)
Latest Headlines for Daktronics (NASDAQ:DAKT)
bizjournals.com logo'Godzillatron' replacement: University of Texas awards $4.5M contract for football stadium video display
www.bizjournals.com - May 26 at 5:13 PM
finance.yahoo.com logoDaktronics, Inc. to Release Fourth Quarter and Fiscal 2017 Financial Results
finance.yahoo.com - May 22 at 12:10 PM
reuters.com logoJudge declines to declare Daktronics scenery hoist device non-infringing
www.reuters.com - May 17 at 9:43 PM
finance.yahoo.com logoDaktronics, Inc. breached its 50 day moving average in a Bearish Manner : DAKT-US : May 17, 2017
finance.yahoo.com - May 17 at 11:18 AM
americanbankingnews.com logoDaktronics, Inc. (DAKT) Upgraded to "Hold" at Zacks Investment Research
www.americanbankingnews.com - May 16 at 8:18 PM
americanbankingnews.com logoDaktronics, Inc. (DAKT) Receives Consensus Rating of "Hold" from Analysts
www.americanbankingnews.com - May 15 at 12:00 PM
americanbankingnews.com logoSomewhat Favorable Media Coverage Somewhat Unlikely to Impact Daktronics (DAKT) Share Price
www.americanbankingnews.com - May 4 at 6:30 PM
finance.yahoo.com logoDaktronics, Inc. – Value Analysis (NASDAQ:DAKT) : April 28, 2017
finance.yahoo.com - April 28 at 5:40 PM
americanbankingnews.com logoDaktronics (DAKT) Getting Somewhat Favorable Press Coverage, Analysis Finds
www.americanbankingnews.com - April 27 at 10:48 PM
finance.yahoo.com logoDaktronics, Inc. breached its 50 day moving average in a Bullish Manner : DAKT-US : April 27, 2017
finance.yahoo.com - April 27 at 5:13 PM
americanbankingnews.com logoSomewhat Negative News Coverage Likely to Impact Daktronics (DAKT) Share Price
www.americanbankingnews.com - April 23 at 3:37 PM
americanbankingnews.com logoSomewhat Critical News Coverage Likely to Affect Daktronics (DAKT) Share Price
www.americanbankingnews.com - April 20 at 5:51 PM
americanbankingnews.com logoDaktronics, Inc. (DAKT) Sees Significant Drop in Short Interest
www.americanbankingnews.com - April 19 at 6:56 PM
americanbankingnews.com logoDaktronics, Inc. (DAKT) Given Consensus Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - April 18 at 12:04 PM
americanbankingnews.com logoDaktronics (DAKT) Given Daily Media Sentiment Rating of 0.30
www.americanbankingnews.com - April 17 at 8:21 PM
americanbankingnews.com logoSomewhat Positive News Coverage Unlikely to Impact Daktronics (DAKT) Share Price
www.americanbankingnews.com - April 14 at 8:47 PM
finance.yahoo.com logoLED Lighting Market to Reach US$ 125.8 Bn by 2025 - Persistence Market Research
finance.yahoo.com - April 11 at 12:57 PM
finance.yahoo.com logoDaktronics Unleashes Enhanced Dynamic Content for Video Displays
finance.yahoo.com - April 11 at 12:57 PM
finance.yahoo.com logoDaktronics, Inc. : DAKT-US: Dividend Analysis : March 13th, 2017 (record date) : By the numbers : April 4, 2017
finance.yahoo.com - April 7 at 9:21 AM
americanbankingnews.com logoDaktronics, Inc. (DAKT) Receives Consensus Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - March 24 at 2:38 PM
finance.yahoo.com logoDaktronics UHD Indoor LED Video Brings Higher Resolution Products to Digital Display Industry
finance.yahoo.com - March 21 at 4:54 PM
americanbankingnews.com logoDaktronics, Inc. (DAKT) Stock Rating Lowered by Zacks Investment Research
www.americanbankingnews.com - March 15 at 7:45 PM
finance.yahoo.com logoDaktronics Releases Latest Digital Billboard Technology
finance.yahoo.com - March 13 at 12:14 PM
nasdaq.com logoStrategy To YieldBoost Daktronics From 3% To 17.7% Using Options - Nasdaq
www.nasdaq.com - March 12 at 4:28 PM
finance.yahoo.com logoDAKTRONICS INC /SD/ Financials
finance.yahoo.com - March 9 at 5:13 PM
biz.yahoo.com logoDAKTRONICS INC /SD/ Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits
biz.yahoo.com - March 3 at 4:41 PM
feeds.benzinga.com logoDaktronics Announces Quarterly Cash Dividend per Share
feeds.benzinga.com - March 3 at 9:49 AM
bizjournals.com logoBucks' partner to donate six scoreboards for Milwaukee-area youth centers
www.bizjournals.com - March 2 at 4:57 PM
nasdaq.com logoDaktronics, Inc. Announces Third Quarter Fiscal 2017 Results - Nasdaq
www.nasdaq.com - February 23 at 2:58 AM
rttnews.com logoEARNINGS SUMMARY: Details of Daktronics Inc. Q3 Earnings Report
www.rttnews.com - February 22 at 4:55 PM
reuters.com logoBRIEF-Daktronics posts Q3 loss per share $0.12
www.reuters.com - February 22 at 4:55 PM
biz.yahoo.com logoQ3 2017 Daktronics Inc Earnings Release - Before Market Open
us.rd.yahoo.com - February 22 at 4:55 PM
us.rd.yahoo.com logoDaktronics, Inc. Announces Third Quarter Fiscal 2017 Results
us.rd.yahoo.com - February 22 at 4:55 PM
us.rd.yahoo.com logo7:32 am Daktronics misses by $0.10, misses on revs
us.rd.yahoo.com - February 22 at 4:55 PM
finance.yahoo.com logoDetroit Lions To Enhance The Roar At Ford Field With New Daktronics Video System
finance.yahoo.com - February 22 at 4:55 PM
bizjournals.com logoDaktronics to supply scoreboard, digital displays in and around new ... - Milwaukee Business Journal
www.bizjournals.com - February 22 at 5:26 AM
finance.yahoo.com logoDaktronics, Inc. Announces Third Quarter Fiscal 2017 Results - Yahoo Finance
finance.yahoo.com - February 22 at 5:26 AM
biz.yahoo.com logoDAKTRONICS INC /SD/ Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhib
biz.yahoo.com - February 22 at 5:26 AM
finance.yahoo.com logoEdited Transcript of DAKT earnings conference call or presentation 21-Feb-17 4:00pm GMT
finance.yahoo.com - February 22 at 5:26 AM
bizjournals.com logoDaktronics to supply scoreboard, digital displays in and around new Bucks arena
www.bizjournals.com - February 22 at 5:26 AM
finance.yahoo.com logoMilwaukee Bucks Bringing Massive Daktronics LED Video System To New Arena
finance.yahoo.com - February 22 at 5:26 AM
finance.yahoo.com logoDaktronics, Inc. to Release Third Quarter 2017 Financial Results
finance.yahoo.com - February 6 at 4:44 PM
seekingalpha.com logoDaktronics Well Positioned To Benefit From Increasing Global Infrastructure Spending
seekingalpha.com - January 30 at 5:33 PM
prnewswire.com logoFine Pixel Pitch LED Displays Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024
www.prnewswire.com - January 26 at 10:53 PM
finance.yahoo.com logoShould You Get Rid of Mistras Group (MG) Now?
finance.yahoo.com - January 20 at 5:52 PM



Daktronics (DAKT) Chart for Saturday, May, 27, 2017

This page was last updated on 5/27/2017 by MarketBeat.com Staff