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After finishing at $14.33 in the prior trading day, Daktronics Inc (NASDAQ: DAKT) closed at $12.19, down -14.90%. In other words, the price has decreased by -$14.90 from its previous closing price. On the day, 1.85 million shares were traded.
Ratios:
Our goal is to gain a better understanding of DAKT by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.27 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.04. For the most recent quarter (mrq), Quick Ratio is recorded 1.67 and its Current Ratio is at 2.35. In the meantime, Its Debt-to-Equity ratio is 0.27 whereas as Long-Term Debt/Eq ratio is at 0.27.
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, Craig Hallum on January 22, 2025, initiated with a Buy rating and assigned the stock a target price of $26.
On January 24, 2018, Sidoti started tracking the stock assigning a Neutral rating and target price of $10.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jul 12 ’24 when Kurtenbach Matthew John sold 2,500 shares for $14.02 per share. The transaction valued at 35,050 led to the insider holds 248,518 shares of the business.
Kurtenbach Matthew John sold 1,500 shares of DAKT for $21,570 on Jul 17 ’24. The VP of Manufacturing now owns 248,518 shares after completing the transaction at $14.38 per share. On Jul 16 ’24, another insider, Wiemann Bradley T, who serves as the Exec Vice President of the company, sold 638 shares for $14.20 each. As a result, the insider received 9,060 and left with 0 shares of the company.
Valuation Measures:
As of this moment, Daktronics’s Price-to-Earnings (P/E) ratio for their current fiscal year is 32.01, and their Forward P/E ratio for the next fiscal year is 12.26. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.70 while its Price-to-Book (P/B) ratio in mrq is 2.19.
Stock Price History:
Over the past 52 weeks, DAKT has reached a high of $19.89, while it has fallen to a 52-week low of $8.62. The 50-Day Moving Average of the stock is -25.25%, while the 200-Day Moving Average is calculated to be -15.11%.
Shares Statistics:
A total of 46.90M shares are outstanding, with a floating share count of 41.82M. Insiders hold about 11.19% of the company’s shares, while institutions hold 68.78% stake in the company.
Earnings Estimates
A comprehensive evaluation of Daktronics Inc (DAKT) is underway, with the input of 2.0 analysts contributing to its current rating.The consensus estimate for the next quarter is $0.29, with high estimates of $0.35 and low estimates of $0.24.
Analysts are recommending an EPS of between $0.96 and $0.84 for the fiscal current year, implying an average EPS of $0.9. EPS for the following year is $1.02, with 2.0 analysts recommending between $1.08 and $0.96.
Revenue Estimates
2 analysts predict $203.4M in revenue for the current quarter. It ranges from a high estimate of $212M to a low estimate of $194.8M. As of the current estimate, Daktronics Inc’s year-ago sales were $215.88MFor the next quarter, 2 analysts are estimating revenue of $224.1M. There is a high estimate of $236.69M for the next quarter, whereas the lowest estimate is $211.5M.
A total of 2 analysts have provided revenue estimates for DAKT’s current fiscal year. The highest revenue estimate was $819.42M, while the lowest revenue estimate was $799.1M, resulting in an average revenue estimate of $809.26M. In the same quarter a year ago, actual revenue was $818.08MBased on 2 analysts’ estimates, the company’s revenue will be $846.75M in the next fiscal year. The high estimate is $853.1M and the low estimate is $840.4M.
