Daktronics Company Profile (NASDAQ:DAKT)

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

Daktronics announced a quarterly dividend on Friday, June 2nd. Stockholders of record on Tuesday, June 13th will be paid a dividend of $0.07 per share on Friday, June 23rd. This represents a $0.28 annualized dividend and a dividend yield of 3.03%. The ex-dividend date is Friday, June 9th. View Daktronics' Dividend History.

Daktronics, Inc. (NASDAQ:DAKT) released its quarterly earnings data on Wednesday, May, 31st. The company reported $0.02 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.06 by $0.04. The company had revenue of $143.70 million for the quarter, compared to analyst estimates of $141.50 million. Daktronics had a return on equity of 5.14% and a net margin of 1.76%. The company's revenue for the quarter was up 3.8% on a year-over-year basis. During the same quarter in the prior year, the company posted ($0.07) EPS. View Daktronics' Earnings History.

Daktronics is scheduled to release their next quarterly earnings announcement on Monday, August, 21st 2017. View Earnings Estimates for Daktronics.

2 brokerages have issued 12-month target prices for Daktronics' shares. Their forecasts range from $10.50 to $14.00. On average, they anticipate Daktronics' stock price to reach $12.25 in the next twelve months. View Analyst Ratings for Daktronics.

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)

Some companies that are related to Daktronics include Universal Electronics (UEIC), Vocera Communications (VCRA), ORBCOMM (ORBC), MTS Systems Corporation (MTSC), Boingo Wireless (WIFI), Radware (RDWR), Cray (CRAY), Ultra Clean Holdings (UCTT), LivePerson (LPSN), HealthStream (HSTM), Lattice Semiconductor Corporation (LSCC), Monotype Imaging Holdings (TYPE), Rapid7 (RPD), CTS Corporation (CTS), Synchronoss Technologies (SNCR), Angie's List (ANGI), Forrester Research (FORR) and Sierra Wireless (SWIR).

Daktronics' management team includes the folowing people:

• Reece A. Kurtenbach, Chairman of the Board, President, Chief Executive Officer
• Sheila Mae Anderson, Chief Financial Officer
• Bradley T. Wiemann, Executive Vice President - Commercial and Transportation
• Carla S. Gatzke, Vice President, Secretary
• Matthew J. Kurtenbach, Vice President
• Nancy D. Frame, Lead Independent Director
• James B. Morgan, Director
• Byron J. Anderson, Independent Director
• Robert G. Dutcher, Independent Director
• John P. Friel, Independent Director

Daktronics' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (5.86%), Vanguard Group Inc. (4.93%), First Bank & Trust (2.70%), State Street Corp (2.03%), Bank of New York Mellon Corp (1.56%) and Northern Trust Corp (1.08%). Company insiders that own Daktronics stock include James B Morgan, John L Mulligan, John Patrick Friel, Kevin Patrick Mcdermott, Matthew John Kurtenbach, Nancy D Frame and Reece A Kurtenbach. View Institutional Ownership Trends for Daktronics.

Daktronics' stock was sold by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC, GSA Capital Partners LLP, Goldman Sachs Group Inc., Citigroup Inc., Spark Investment Management LLC, Royce & Associates LP, Bank of New York Mellon Corp and California Public Employees Retirement System. Company insiders that have sold Daktronics stock in the last year include James B Morgan, John L Mulligan, Matthew John Kurtenbach and Nancy D Frame. View Insider Buying and Selling for Daktronics.

Daktronics' stock was acquired by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Vanguard Group Inc., Citadel Advisors LLC, Ameriprise Financial Inc., PDT Partners LLC, State Street Corp, Menta Capital LLC and Systematic Financial Management LP. 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.

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.

One share of Daktronics stock can currently be purchased for approximately $9.24.