NASDAQ:DAKT

Daktronics (DAKT) Stock Forecast, Price & News

$8.92

0.00 (0.00%)

(As of 10/2/2023 ET)

Compare

Today's Range: $8.91
▼
$9.15
50-Day Range: $6.77
▼
$9.85
52-Week Range: $1.46
▼
$10.27

Volume: 535,952 shs
Average Volume: 354,808 shs
Market Capitalization: $407.64 million

P/E Ratio: 13.12
Dividend Yield: N/A
Price Target: N/A

Daktronics MarketRank™ Forecast

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
2.68% of Float Sold Short
Dividend Strength: N/A
Sustainability: -1.26
Upright™ Environmental Score
News Sentiment: 0.78
Based on 4 Articles This Week
Insider Trading: Selling Shares
$113,558 Sold Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.24 out of 5 stars

Computer And Technology Sector

318th out of 611 stocks

Miscellaneous Manufacturing Industries Industry

8th out of 9 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Daktronics.

4.0

Short Interest

Percentage of Shares Shorted
2.68% of the float of Daktronics has been sold short.
Short Interest Ratio / Days to Cover
Daktronics has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Daktronics has recently decreased by 2.91%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
Daktronics does not currently pay a dividend.
Dividend Growth
Daktronics does not have a long track record of dividend growth.

3.7

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Daktronics has received a 48.09% net impact score from Upright. The largest positive contribution comes from its "Physical diseases" impact, which is mostly driven by its "Scoreboards", "Advertisement creation services", and "LCD billboards" products. See details.
Environmental Sustainability
The Environmental Impact score for Daktronics is -1.26.

3.8

News and Social Media Coverage

News Sentiment
Daktronics has a news sentiment score of 0.78. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.63 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Daktronics this week, compared to 2 articles on an average week.
Search Interest
11 people have searched for DAKT on MarketBeat in the last 30 days. This is an increase of 175% compared to the previous 30 days.
MarketBeat Follows
5 people have added Daktronics to their MarketBeat watchlist in the last 30 days. This is an increase of 400% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Daktronics insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $113,558.00 in company stock.
Percentage Held by Insiders
Only 8.30% of the stock of Daktronics is held by insiders.
Percentage Held by Institutions
51.96% of the stock of Daktronics is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Daktronics is 13.12, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 114.49.
Price to Earnings Ratio vs. Sector
The P/E ratio of Daktronics is 13.12, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 242.57.
Price to Book Value per Share Ratio
Daktronics has a P/B Ratio of 2.02. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Daktronics (NASDAQ:DAKT) Stock

Daktronics, Inc. designs, manufactures, and markets electronic display systems and related products 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. The company also offers video display and walls; scoreboards and timing systems; message displays; intelligent transportation systems dynamic message signs; mass transit display; sound systems; and digital billboards, street furniture, and digit and price displays. In addition, it provides indoor dynamic messaging systems and liquid crystal display signs; and software and controllers, which includes Venus, a control suite software to control the creation of messages and graphic sequences for uploading to displays. The company sells its products through direct sales and resellers. Daktronics, Inc. was founded in 1968 and is headquartered in Brookings, South Dakota.

DAKT Price History

30 days | 90 days | 365 days | Advanced Chart

DAKT Stock News Headlines

September 29, 2023 | msn.com

Daktronics: A Rising Star In The Electronic Display Industry With A 57.5% Potential Upside

September 29, 2023 | americanbankingnews.com

Daktronics (NASDAQ:DAKT) Stock Price Passes Above 200-Day Moving Average of $6.68

October 2, 2023 | Chaikin Analytics (Ad)

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September 27, 2023 | stocknews.com

3 Tech Stocks Showing Strong ‘Buy' Signals for October

September 19, 2023 | msn.com

How Daktronics Helps Elite Athletic Programs Secure Top Talent

September 11, 2023 | news.yahoo.com

Indian Stadium in Tecumseh gets new scoreboard, turf

September 10, 2023 | msn.com

Fans react as lightning fries stadium’s new scoreboard

September 8, 2023 | finance.yahoo.com

Daktronics, Inc. (NASDAQ:DAKT) Q1 2024 Earnings Call Transcript

October 2, 2023 | Legacy Research (Ad)

Elon Did It Again: This Could be Bigger than Tesla

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September 7, 2023 | finance.yahoo.com

Q1 2024 Daktronics Inc Earnings Call

September 6, 2023 | marketwatch.com

Daktronics Shares Rise 15% as High School Football, Live Events Stoke Demand

September 6, 2023 | markets.businessinsider.com

Why Daktronics Shares Are Surging Today

September 6, 2023 | fool.com

Why Daktronics Stock Jumped Today

September 6, 2023 | finance.yahoo.com

Daktronics, Inc. Announces 2024 Fiscal First Quarter Results

September 5, 2023 | benzinga.com

7DAKT : Daktronics Earnings Preview

September 5, 2023 | markets.businessinsider.com

Daktronics is about to announce its earnings — here's what to expect

September 5, 2023 | uk.finance.yahoo.com

Daktronics, Inc. (DAKT) stock price, news, quote & history – Yahoo Finance

September 1, 2023 | finance.yahoo.com

Daktronics, Inc. to Release First Quarter Fiscal 2024 Financial Results

August 22, 2023 | finance.yahoo.com

Daktronics, Inc. (DAKT) Interactive Stock Chart - Yahoo Finance

August 14, 2023 | stocknews.com

4 Tech Stocks That Should Top Investors Buylist

August 14, 2023 | finance.yahoo.com

Institutions own 40% of Daktronics, Inc. (NASDAQ:DAKT) shares but individual investors control 42% of the company

August 13, 2023 | nasdaq.com

Daktronics (FRA:DA3) Price Target Increased by 7.95% to 8.33

August 11, 2023 | finance.yahoo.com

Daktronics to Present at Sidoti Virtual Investor Conference August 16 - 17

August 11, 2023 | stocknews.com

3 Top Tech Choices Investors Can't Get Enough Of

August 4, 2023 | finance.yahoo.com

Gillette Stadium to Feature Largest Outdoor End Zone Display in Professional Football from Daktronics

August 2, 2023 | msn.com

Daktronics (DAKT) Price Target Increased by 15.63% to 9.44

July 28, 2023 | stocknews.com

3 Reasons Why These 3 Tech Stocks Are a Great Buy

See More Headlines

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DAKT Company Calendar

Last Earnings: 9/06/2023
Today: 10/02/2023
Next Earnings (Estimated): 12/11/2023
Fiscal Year End: 4/30/2024

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Miscellaneous manufacturing industries
Sub-Industry: Electronic Equipment & Instruments
Sector: Computer and Technology
Current Symbol: NASDAQ:DAKT
CUSIP: 23426410
CIK: 915779
Web: www.daktronics.com
Phone: (605) 692-0200
Fax: 605-697-4700
Employees: 2,441
Year Founded: 1968

Profitability

EPS (Most Recent Fiscal Year): $0.68
Trailing P/E Ratio: 13.12
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $6.80 million
Net Margins: 3.84%
Pretax Margin: 5.85%
Return on Equity: 23.00%
Return on Assets: 9.40%

Debt

Debt-to-Equity Ratio: 0.28
Current Ratio: 1.89
Quick Ratio: 1.18

Sales & Book Value

Annual Sales: $754.20 million
Price / Sales: 0.54
Cash Flow: $0.60 per share
Price / Cash Flow: 14.80
Book Value: $4.42 per share
Price / Book: 2.02

Miscellaneous

Outstanding Shares: 45,700,000
Free Float: 41,907,000
Market Cap: $407.64 million
Optionable: Optionable
Beta: 1.14

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Key Executives

Mr. Reece A. Kurtenbach (Age 58)
Chairman, Pres & CEO
Comp: $511.84k

Ms. Sheila Mae Anderson (Age 50)
CFO & Treasurer
Comp: $326.79k

Ms. Carla S. Gatzke (Age 62)
VP of HR & Corp. Sec.
Comp: $254.73k

Mr. Bradley T. Wiemann (Age 60)
Exec. VP of Commercial, High School Park, Recreation & Transportation Bus. Units
Comp: $310.89k

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

DAKT Stock - Frequently Asked Questions

How have DAKT shares performed in 2023?: Daktronics' stock was trading at $2.82 at the beginning of the year. Since then, DAKT shares have increased by 216.3% and is now trading at $8.92.
View the best growth stocks for 2023 here.
When is Daktronics' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, December 11th 2023.
View our DAKT earnings forecast.
How were Daktronics' earnings last quarter?: Daktronics, Inc. (NASDAQ:DAKT) issued its quarterly earnings results on Wednesday, September, 6th. The technology company reported $0.63 earnings per share (EPS) for the quarter. The technology company earned $232.53 million during the quarter. Daktronics had a trailing twelve-month return on equity of 23.00% and a net margin of 3.84%.
What is Reece A. Kurtenbach's approval rating as Daktronics' CEO?: 117 employees have rated Daktronics Chief Executive Officer Reece A. Kurtenbach on Glassdoor.com. Reece A. Kurtenbach has an approval rating of 93% among the company's employees. This puts Reece A. Kurtenbach in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. 83.0% of employees surveyed would recommend working at Daktronics to a friend.
What other stocks do shareholders of Daktronics own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Daktronics investors own include Dassault Systèmes (DASTY), Netflix (NFLX), AT&T (T), Tesla (TSLA), CVS Health (CVS), 3M (MMM), Zynga (ZNGA), Enterprise Products Partners (EPD), General Motors (GM) and Slack Technologies (WORK).
What is Daktronics' stock symbol?: Daktronics trades on the NASDAQ under the ticker symbol "DAKT."

How do I buy shares of Daktronics?: Shares of DAKT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Daktronics' stock price today?: One share of DAKT stock can currently be purchased for approximately $8.92.
How much money does Daktronics make?: Daktronics (NASDAQ:DAKT) has a market capitalization of $407.64 million and generates $754.20 million in revenue each year. The technology company earns $6.80 million in net income (profit) each year or $0.68 on an earnings per share basis.
How many employees does Daktronics have?: The company employs 2,441 workers across the globe.
Does Daktronics have any subsidiaries?: The following companies are subsidiares of Daktronics: ADFLOW NETWORKS, ADFLOW Networks Inc., Daktronics (International) Limited, Daktronics Australia Pty Ltd., Daktronics Belgium N.V., Daktronics Brazil, Daktronics Canada Inc., Daktronics Do Brazil Servicos E Suporte Adminsitrativo LTDA, Daktronics France SARL, Daktronics GmbH, Daktronics GmbH, Daktronics HK Limited, Daktronics Installation, Daktronics Installation Inc., Daktronics Ireland Co. Ltd., Daktronics Ireland Holdings Ltd, Daktronics Japan, Daktronics Japan Inc., Daktronics Shanghai Co. Ltd., Daktronics Shanghai Ltd., Daktronics Singapore Pte. Ltd., Daktronics Spain S.L., Daktronics UK, Daktronics UK Ltd., Data Display, Dodge Electronics, European Timing Systems, Hoffend & Sons Inc., Open, and Star Circuits Inc.
Read More
How can I contact Daktronics?: Daktronics' mailing address is 201 Daktronics Drive, Brookings SD, 57006. The official website for the company is www.daktronics.com. The technology company can be reached via phone at (605) 692-0200, via email at investor@daktronics.com, or via fax at 605-697-4700.

This page (NASDAQ:DAKT) was last updated on 10/2/2023 by MarketBeat.com Staff

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