NASDAQ:DAKT

Daktronics - DAKT Stock Forecast, Price & News

$2.71

+0.04 (+1.50%)

(As of 09/30/2022 03:59 PM ET)

Add

Compare

Today's Range: $2.68
▼
$2.75
50-Day Range: $2.67
▼
$4.29
52-Week Range: $2.65
▼
$6.00

Volume: 3,635 shs
Average Volume: 242,459 shs
Market Capitalization: $122.04 million

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

Daktronics MarketRank™ Forecast

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
0.65% of Float Sold Short
Dividend Strength: N/A
Sustainability: -1.17
Upright™ Environmental Score
News Sentiment: 0.53
Based on 10 Articles This Week
Insider Trading: Acquiring Shares
$44,086 Bought 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.

2.08 out of 5 stars

Computer And Technology Sector

430th out of 650 stocks

Miscellaneous Manufacturing Industries Industry

8th out of 8 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Daktronics.

3.0

Short Interest

Percentage of Shares Shorted
0.65% 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 0.9, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Daktronics has recently increased by 84.12%, indicating that investor sentiment is decreasing significantly.

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.

3.9

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Daktronics has received a 52.26% net impact score from Upright. The largest positive contribution comes from its "Physical diseases" impact, which is mostly driven by its "Scoreboards", "Event production services", and "Advertisement creation services" products. See details.
Environmental Sustainability
The Environmental Impact score for Daktronics is -1.17.

3.1

News and Social Media Coverage

News Sentiment
Daktronics has a news sentiment score of 0.53. 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 news sentiment score is similar to the average news sentiment of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 10 news articles for Daktronics this week, compared to 1 article on an average week.
Search Interest
1 people have searched for DAKT on MarketBeat in the last 30 days.
MarketBeat Follows
3 people have added Daktronics to their MarketBeat watchlist in the last 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Daktronics insiders have bought more of their company's stock than they have sold. Specifically, they have bought $44,086.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
10.80% of the stock of Daktronics is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
47.68% of the stock of Daktronics is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Daktronics is -14.26, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Daktronics is -14.26, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Daktronics has a P/B Ratio of 0.64. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Daktronics (NASDAQ:DAKT) Stock

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.

Receive DAKT Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Daktronics and its competitors with MarketBeat's FREE daily newsletter.

DAKT Stock News Headlines

September 29, 2022 | americanbankingnews.com

Daktronics, Inc. (NASDAQ:DAKT) Director Andrew David Siegel Buys 13,217 Shares

September 27, 2022 | benzinga.com

FGI Industries, Daktronics Labs And 2 Other Penny Stocks Insiders Are Aggressively Buying - Daktronics (N - Benzinga

September 25, 2022 | americanbankingnews.com

StockNews.com Lowers Daktronics (NASDAQ:DAKT) to Sell

September 7, 2022 | globenewswire.com

Daktronics Board of Directors announces James Morgan's retirement - GlobeNewswire

September 7, 2022 | benzinga.com

Daktronics (DAKT) – Daktronics Board of Directors announces James Morgan's retirement - Benzinga

September 2, 2022 | benzinga.com

Daktronics (DAKT) – Daktronics: Q1 Earnings Insights - Benzinga

September 1, 2022 | streetinsider.com

Daktronics, Inc. Announces First Quarter 2023 Results - StreetInsider.com

September 1, 2022 | in.investing.com

Daktronics earnings miss, Revenue beats in Q1 - Investing.com India

September 1, 2022 | benzinga.com

Daktronics (DAKT) – Daktronics shares are trading lower after the company reported worse-than-expected Q1 - Benzinga

August 31, 2022 | msn.com

7DAKT : Daktronics: Q1 Earnings Insights

August 31, 2022 | marketwatch.com

Daktronics Shares Drop After Swing to 1Q Loss

August 31, 2022 | finance.yahoo.com

Daktronics, Inc. Announces First Quarter 2023 Results

August 19, 2022 | globenewswire.com

Pixel Pitch LED Market is expected To Reach a Valuation of US$ 13.6 Bn By 2032, Future Market Insights, Inc. - GlobeNewswire

August 8, 2022 | streetinsider.com

Form DEF 14A DAKTRONICS INC /SD/ For: Apr 30 - StreetInsider.com

August 5, 2022 | marketwatch.com

LED Display Market Is Projected To Thriving At A CAGR of 4.7% During 2022-2027 | 149 Report Pages

August 4, 2022 | seekingalpha.com

Daktronics Stock: Unique Business With Upside Potential (NASDAQ:DAKT) - Seeking Alpha

August 4, 2022 | seekingalpha.com

Daktronics: A Unique Business With Some Upside Potential

August 2, 2022 | nasdaq.com

Daktronics (NASDAQ:DAKT) shareholders have endured a 57% loss from investing in the stock five years ago - Nasdaq

July 27, 2022 | globenewswire.com

Daktronics, Inc. Announces Changes to Board of Directors - GlobeNewswire

July 23, 2022 | finance.yahoo.com

Here's What Daktronics, Inc.'s (NASDAQ:DAKT) Shareholder Ownership Structure Looks Like

July 19, 2022 | bizjournals.com

SAP Center replacing Daktronics video board before start of San Jose Sharks season - Silicon Valley Business Journal - The Business Journals

July 7, 2022 | fool.com

The Top 15 US Hot Spots for Landing a Remote Job - The Motley Fool

June 16, 2022 | streetinsider.com

Form 10-K DAKTRONICS INC /SD/ For: Apr 30 - StreetInsider.com

June 13, 2022 | finance.yahoo.com

Commercial Large Format Display Signage Market Size to grow by USD 2.90 billion | AU Optronics Corp. and Barco NV Emerge as Key Vendors | Technavio - Yahoo Finance

June 9, 2022 | seekingalpha.com

Daktronics, Inc. (DAKT) CEO Reece Kurtenbach on Q4 2022 Results - Earnings Call Transcript - Seeking Alpha

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

Receive DAKT Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Daktronics and its competitors with MarketBeat's FREE daily newsletter.

DAKT Company Calendar

Last Earnings: 8/31/2022
Today: 10/03/2022
Next Earnings (Estimated): 12/07/2022
Fiscal Year End: 4/30/2023

Get Stock Alerts

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: 2,477
Year Founded: 1968

Profitability

EPS (Most Recent Fiscal Year): ($0.19)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $590,000.00
Net Margins: -1.32%
Pretax Margin: -1.59%
Return on Equity: -4.36%
Return on Assets: -1.93%

Debt

Debt-to-Equity Ratio: 0.23
Current Ratio: 1.53
Quick Ratio: 0.83

Sales & Book Value

Annual Sales: $610.97 million
Price / Sales: 0.20
Cash Flow: $0.35 per share
Price / Cash Flow: 7.71
Book Value: $4.21 per share
Price / Book: 0.64

Miscellaneous

Outstanding Shares: 45,034,000
Free Float: 40,170,000
Market Cap: $122.04 million
Optionable: Optionable
Beta: 0.86

Social Links

Key Executives

Mr. Reece A. Kurtenbach (Age 57)
Chairman, Pres & CEO
Comp: $480k

Ms. Sheila Mae Anderson (Age 49)
CFO & Treasurer
Comp: $308.07k

Ms. Carla S. Gatzke (Age 61)
VP of HR & Corp. Sec.
Comp: $242.59k

Mr. Bradley T. Wiemann (Age 59)
Exec. VP of Commercial & Transportation
Comp: $295.52k

Mr. Matthew John Kurtenbach (Age 52)
VP of Manufacturing
Comp: $284.84k

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 2022?: Daktronics' stock was trading at $5.05 at the beginning of 2022. Since then, DAKT shares have decreased by 46.3% and is now trading at $2.71.
View the best growth stocks for 2022 here.
When is Daktronics' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, December 7th 2022.
View our DAKT earnings forecast.
How were Daktronics' earnings last quarter?: Daktronics, Inc. (NASDAQ:DAKT) issued its quarterly earnings data on Wednesday, August, 31st. The technology company reported ($0.12) earnings per share (EPS) for the quarter. The technology company earned $171.92 million during the quarter. Daktronics had a negative net margin of 1.32% and a negative trailing twelve-month return on equity of 4.36%.
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 $2.71.
How much money does Daktronics make?: Daktronics (NASDAQ:DAKT) has a market capitalization of $122.03 million and generates $610.97 million in revenue each year. The technology company earns $590,000.00 in net income (profit) each year or ($0.19) on an earnings per share basis.
How many employees does Daktronics have?: The company employs 2,477 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 10/3/2022 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial

Daktronics - DAKT Stock Forecast, Price & News

Daktronics MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows