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The price of Daktronics Inc. (NASDAQ: DAKT) closed at $12.51 in the last session, up 5.04% from day before closing price of $11.91. In other words, the price has increased by $5.04 from its previous closing price. On the day, 0.59 million shares were traded. DAKT stock price reached its highest trading level at $12.675 during the session, while it also had its lowest trading level at $11.77.
Ratios:
We take a closer look at DAKT’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.00 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.70. For the most recent quarter (mrq), Quick Ratio is recorded 1.48 and its Current Ratio is at 2.17. In the meantime, Its Debt-to-Equity ratio is 0.34 whereas as Long-Term Debt/Eq ratio is at 0.33.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Sidoti on January 24, 2018, initiated with a Neutral rating and assigned the stock a target price of $10.
Needham Upgraded its Hold to Buy on September 23, 2015, while the target price for the stock was maintained at $10.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Jul 31 ’24 when Kurtenbach Matthew John sold 2,000 shares for $14.96 per share. The transaction valued at 29,920 led to the insider holds 208,906 shares of the business.
Kurtenbach Matthew John sold 3,000 shares of DAKT for $45,090 on Jul 29 ’24. The VP of Manufacturing now owns 208,906 shares after completing the transaction at $15.03 per share. On Jul 29 ’24, another insider, Anderson Sheila Mae, who serves as the CFO & Treasurer of the company, sold 7,500 shares for $15.45 each. As a result, the insider received 115,875 and left with 33,889 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DAKT now has a Market Capitalization of 583571520 and an Enterprise Value of 562740288. As of this moment, Daktronics’s Price-to-Earnings (P/E) ratio for their current fiscal year is 61.14, and their Forward P/E ratio for the next fiscal year is 10.69. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 6.11. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.72 while its Price-to-Book (P/B) ratio in mrq is 2.45. Its current Enterprise Value per Revenue stands at 0.693 whereas that against EBITDA is 6.426.
Stock Price History:
Over the past 52 weeks, DAKT has reached a high of $15.97, while it has fallen to a 52-week low of $7.20. The 50-Day Moving Average of the stock is -10.44%, while the 200-Day Moving Average is calculated to be 16.57%.
Shares Statistics:
According to the various share statistics, DAKT traded on average about 616.95K shares per day over the past 3-months and 499340 shares per day over the past 10 days. A total of 46.21M shares are outstanding, with a floating share count of 41.40M. Insiders hold about 11.25% of the company’s shares, while institutions hold 68.83% stake in the company. Shares short for DAKT as of 1724976000 were 3093750 with a Short Ratio of 5.01, compared to 1722384000 on 3405754. Therefore, it implies a Short% of Shares Outstanding of 3093750 and a Short% of Float of 7.16.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 3.41.
