Daktronics Company Profile (NASDAQ:DAKT)

About Daktronics

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
  • Exchange: NASDAQ
  • Symbol: DAKT
  • CUSIP: 23426410
Key Metrics:
  • Previous Close: $9.37
  • 50 Day Moving Average: $10.11
  • 200 Day Moving Average: $9.63
  • 52-Week Range: $5.92 - $11.12
  • Trailing P/E Ratio: 65.24
  • Foreward P/E Ratio: 21.79
  • P/E Growth: 1.57
  • Market Cap: $422.94M
  • Outstanding Shares: 44,102,000
  • Beta: 1.41
  • 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%
Additional Links:
Companies Related to Daktronics:

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 (30.74% upside)

Analysts' Ratings History for Daktronics (NASDAQ:DAKT)
DateFirmActionRatingPrice TargetDetails
2/21/2017Needham & Company LLCLower Price TargetBuy$11.00 -> $10.50View Rating Details
12/19/2016Singular ResearchInitiated CoverageBuy$14.00View Rating Details
6/1/2016Griffin SecuritiesDowngradeBuy -> NeutralView Rating Details
6/1/2016SidotiDowngradeBuy -> NeutralView Rating Details
(Data available from 3/1/2015 forward)


Earnings History 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$157.10 millionViewListenView Earnings Details
6/1/2016Q416$0.08($0.07)$138.50 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$0.25$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)
Current Year EPS Consensus Estimate: $0.31 EPS
Next Year EPS Consensus Estimate: $0.43 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.02$0.02$0.02
Q2 20162$0.08$0.16$0.12
Q3 20161$0.16$0.16$0.16
Q4 20161$0.18$0.18$0.18
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$0.02$0.02$0.02
Q4 20181$0.04$0.04$0.04
(Data provided by Zacks Investment Research)


Current Dividend Information for Daktronics (NASDAQ:DAKT)
Annual Dividend:$0.28
Dividend Yield:2.99%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:127.28% (Based on Trailing 12 Months of Earnings)
90.32% (Based on Current Year Consensus EPS Estimate)
65.12% (Based on Next Year Consensus EPS Estimate)

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

Insider Trades

Insider Trading History for Daktronics (NASDAQ:DAKT)
Insider Ownership Percentage: 8.40%
Institutional Ownership Percentage: 50.03%
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)


Latest Headlines for Daktronics (NASDAQ:DAKT)
News IconMiddle East LED & OLED Lighting Products and Displays Market Revenue to Increase US$ 7,132.6 Mn by 2025 (NASDAQ:DAKT)
reports.pr-inside.com - March 1 at 1:11 PM
capitalcube.com logoDaktronics, Inc. :DAKT-US: Earnings Analysis: Q3, 2017 By the Numbers : February 28, 2017 (NASDAQ:DAKT)
www.capitalcube.com - February 28 at 4:52 PM
News IconInside the Numbers on Shares of Daktronics Inc. (NASDAQ:DAKT) - Benton Bulletin (NASDAQ:DAKT)
bentonbulletin.com - February 28 at 8:02 AM
4-traders.com logoDaktronics, Inc. (NASDAQ:DAKT) Files An 8-K Results of Operations and Financial Condition (NASDAQ:DAKT)
www.4-traders.com - February 23 at 4:39 PM
News IconEquity Focus: Zeroing in on Shares of Daktronics Inc (DAKT) - Rives Journal (NASDAQ:DAKT)
rivesjournal.com - February 23 at 2:58 AM
nasdaq.com logoDaktronics, Inc. Announces Third Quarter Fiscal 2017 Results - Nasdaq (NASDAQ:DAKT)
www.nasdaq.com - February 23 at 2:58 AM
sbwire.com logoLED Displays (Installed) Market Set to Cross $15.7 Bn by 2021 (NASDAQ:DAKT)
www.sbwire.com - February 22 at 4:55 PM
News IconMilwaukee Bucks announce Daktronics as arena partner (NASDAQ:DAKT)
latribunadecanarias.com - February 22 at 4:55 PM
rttnews.com logoEARNINGS SUMMARY: Details of Daktronics Inc. Q3 Earnings Report (NASDAQ:DAKT)
www.rttnews.com - February 22 at 4:55 PM
4-traders.com logoDaktronics : Milwaukee Bucks Bringing Massive Daktronics LED Video System To New Arena (NASDAQ:DAKT)
www.4-traders.com - February 22 at 4:55 PM
reuters.com logoBRIEF-Daktronics posts Q3 loss per share $0.12 (NASDAQ:DAKT)
www.reuters.com - February 22 at 4:55 PM
biz.yahoo.com logoQ3 2017 Daktronics Inc Earnings Release - Before Market Open (NASDAQ:DAKT)
us.rd.yahoo.com - February 22 at 4:55 PM
us.rd.yahoo.com logoDaktronics, Inc. Announces Third Quarter Fiscal 2017 Results (NASDAQ:DAKT)
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 (NASDAQ:DAKT)
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 (NASDAQ:DAKT)
finance.yahoo.com - February 22 at 4:55 PM
bizjournals.com logoDaktronics to supply scoreboard, digital displays in and around new ... - Milwaukee Business Journal (NASDAQ:DAKT)
www.bizjournals.com - February 22 at 5:26 AM
finance.yahoo.com logoDaktronics, Inc. Announces Third Quarter Fiscal 2017 Results - Yahoo Finance (NASDAQ:DAKT)
finance.yahoo.com - February 22 at 5:26 AM
sg.finance.yahoo.com logoDaktronics reports 3Q loss (NASDAQ:DAKT)
sg.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 (NASDAQ:DAKT)
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 (NASDAQ:DAKT)
finance.yahoo.com - February 22 at 5:26 AM
bizjournals.com logoDaktronics to supply scoreboard, digital displays in and around new Bucks arena (NASDAQ:DAKT)
www.bizjournals.com - February 22 at 5:26 AM
finance.yahoo.com logoMilwaukee Bucks Bringing Massive Daktronics LED Video System To New Arena (NASDAQ:DAKT)
finance.yahoo.com - February 22 at 5:26 AM
sbwire.com logoGlobal Outdoor LED Displays (Installed) Market on Track to US $15.7 Bn by 2021 (NASDAQ:DAKT)
www.sbwire.com - February 16 at 7:00 PM
sbwire.com logoGlobal Outdoor LED Displays (Installed) Market on Track to US $15.7 Bn by 2021 (NASDAQ:DAKT)
www.sbwire.com - February 16 at 7:00 PM
News IconLions to spend $100 million on video boards, renovated suites, new club spaces inside Ford Field (NASDAQ:DAKT)
www.crainsdetroit.com - February 16 at 1:59 PM
4-traders.com logoDaktronics : FC Dallas Bringing New Video Displays From Daktronics To Toyota Stadium (NASDAQ:DAKT)
www.4-traders.com - February 16 at 1:59 PM
News IconLions renovating all of Ford Field's suites as part of $100 million in stadium upgrades (NASDAQ:DAKT)
www.crainsdetroit.com - February 14 at 5:30 PM
News IconTechnical Roundup on Shares of Daktronics Inc. (DAKT) - Baldwin Journal (NASDAQ:DAKT)
baldwinjournal.com - February 13 at 10:25 PM
sbwire.com logoSuperflux LEDs Market - Recent Industry Developments and Growth Strategies Adopted by Players (NASDAQ:DAKT)
www.sbwire.com - February 10 at 10:06 PM
News IconTrading Watch for Daktronics Inc. (NASDAQ:DAKT) - Benton Bulletin (NASDAQ:DAKT)
bentonbulletin.com - February 10 at 5:03 PM
finance.yahoo.com logoDaktronics, Inc. to Release Third Quarter 2017 Financial Results (NASDAQ:DAKT)
finance.yahoo.com - February 6 at 4:44 PM
News IconLions promise $100 million in Ford Field improvements, including new video boards (NASDAQ:DAKT)
www.crainsdetroit.com - February 3 at 4:57 PM
News IconMiddle East LED & OLED Lighting Products and Displays Market worth US$ 7,132.6 Mn by 2025 (NASDAQ:DAKT)
reports.pr-inside.com - February 1 at 3:20 AM
capitalcube.com logoDaktronics, Inc. : DAKT-US: Dividend Analysis : December 12th, 2016 (record date) : By the numbers : January 31, 2017 (NASDAQ:DAKT)
www.capitalcube.com - January 31 at 5:17 PM
News IconMore Stomper memorabilia going to Cooperstown (NASDAQ:DAKT)
www.sonomanews.com - January 30 at 10:34 PM
seekingalpha.com logoDaktronics Well Positioned To Benefit From Increasing Global Infrastructure Spending (NASDAQ:DAKT)
seekingalpha.com - January 30 at 5:33 PM
openpr.com logoLED Stadium Screens Market - Offer Several Growth Opportunities to this Market in the Coming Years (NASDAQ:DAKT)
www.openpr.com - January 27 at 6:11 PM
News IconAfrica LED & OLED Displays and Lighting Products Market to Grow at a CAGR of 17.8% Through 2026 (NASDAQ:DAKT)
www.pr.com - January 27 at 6:11 PM
prnewswire.com logoFine Pixel Pitch LED Displays Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024 (NASDAQ:DAKT)
www.prnewswire.com - January 26 at 10:53 PM
4-traders.com logoDaktronics : Behind the spotlights, Coast Coliseum at 40 is showing its age (NASDAQ:DAKT)
www.4-traders.com - January 26 at 10:53 PM
News IconPrice Index Watch on Shares of Daktronics Inc. (NASDAQ:DAKT ... - The Tribune (NASDAQ:DAKT)
lakecitytribune.com - January 26 at 5:51 PM
4-traders.com logoDaktronics : Manufactures Largest High School Video Display in Wisconsin (NASDAQ:DAKT)
www.4-traders.com - January 24 at 5:16 PM
4-traders.com logoDaktronics : Largest LED Video Feature In Europe Installed Above Entrance to London Stadium at Queen Elizabeth Olympic Park (NASDAQ:DAKT)
www.4-traders.com - January 23 at 10:01 PM
News IconDoes This Dividend Rockstar Have Potential Upside? Analysts Weigh in on Daktronics Inc. (NASDAQ:DAKT) - Aiken Advocate (NASDAQ:DAKT)
aikenadvocate.com - January 23 at 5:00 PM
4-traders.com logoDaktronics : University of Charleston Upgrades Innovation Center with Daktronics Video and Scoring System (NASDAQ:DAKT)
www.4-traders.com - January 23 at 7:50 AM
finance.yahoo.com logoShould You Get Rid of Mistras Group (MG) Now? (NASDAQ:DAKT)
finance.yahoo.com - January 20 at 5:52 PM
capitalcube.com logoDaktronics, Inc. – Value Analysis (NASDAQ:DAKT) : January 20, 2017 (NASDAQ:DAKT)
www.capitalcube.com - January 20 at 5:52 PM
capitalcube.com logoDaktronics, Inc. breached its 50 day moving average in a Bullish Manner : DAKT-US : January 19, 2017 (NASDAQ:DAKT)
www.capitalcube.com - January 19 at 5:54 PM
News IconTrend Strength Monitor on Shares of Daktronics Inc. (DAKT) - Sherwood Daily (NASDAQ:DAKT)
sherwooddaily.com - January 18 at 10:01 PM
News IconDaktronics, Inc. (NASDAQ:DAKT) Under Analyst Spotlight - UK Market News (NASDAQ:DAKT)
www.ukmarketnews.co.uk - January 18 at 10:01 PM


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 announced a quarterly dividend on Friday, December 2nd. Stockholders of record on Monday, December 12th will be given a dividend of $0.07 per share on Friday, December 23rd. This represents a $0.28 dividend on an annualized basis and a dividend yield of 2.99%. The ex-dividend date of this dividend is Thursday, December 8th.

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

4 equities research analysts have issued 1-year price targets for Daktronics' shares. Their forecasts range from $10.50 to $14.00. On average, they expect Daktronics' stock price to reach $12.25 in the next year.

When will Daktronics announce their earnings?

Daktronics is scheduled to release their next quarterly earnings announcement on Tuesday, February, 21st 2017.

What are analysts saying about Daktronics stock?

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

  • 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)
  • 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. " (1/24/2017)

Who owns Daktronics stock?

Daktronics' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (5.12%), RidgeWorth Capital Management LLC (3.12%), First Bank & Trust (2.69%), State Street Corp (1.86%), Royce & Associates LP (1.02%) and Two Sigma Investments LP (0.92%). 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.

Who sold Daktronics stock? Who is selling Daktronics stock?

Daktronics' stock was sold by a variety of institutional investors in the last quarter, including Two Sigma Investments LP, Guggenheim Capital LLC, Bogle Investment Management L P DE, RidgeWorth Capital Management LLC, GSA Capital Partners LLP, Royce & Associates LP, Hanson & Doremus Investment Management and Bard Associates Inc.. Company insiders that have sold Daktronics stock in the last year include James B Morgan and Matthew John Kurtenbach.

Who bought Daktronics stock? Who is buying Daktronics stock?

Daktronics' stock was acquired by a variety of institutional investors in the last quarter, including First Bank & Trust, Dimensional Fund Advisors LP, Russell Investments Group Ltd., State Street Corp, Renaissance Technologies LLC, Trexquant Investment LP, Dynamic Technology Lab Private Ltd and Ellington Management Group LLC. Company insiders that have bought Daktronics stock in the last two years include John Patrick Friel, Kevin Patrick Mcdermott and Reece A Kurtenbach.

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 $9.37.

Daktronics (NASDAQ:DAKT) Chart for Wednesday, March, 1, 2017

Institutional Ownership Chart

Institutional Ownership by Quarter for Daktronics (NASDAQ:DAKT)

Earnings History Chart

Earnings by Quarter for Daktronics (NASDAQ:DAKT)

Dividend History Chart

Dividend Payments by Quarter for Daktronics (NASDAQ:DAKT)

Last Updated on 3/1/2017 by MarketBeat.com Staff