Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
Daktronics Inc (NASDAQ: DAKT) closed the day trading at $17.65 up 2.50% from the previous closing price of $17.22. In other words, the price has increased by $2.50 from its previous closing price. On the day, 0.68 million shares were traded. DAKT stock price reached its highest trading level at $17.86 during the session, while it also had its lowest trading level at $17.1.
Ratios:
For a better understanding of DAKT, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.17 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.05. 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, 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:
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 Dec 12 ’24 when Friel John Patrick sold 2,244 shares for $18.17 per share. The transaction valued at 40,766 led to the insider holds 87,573 shares of the business.
Kurtenbach Matthew John sold 7,707 shares of DAKT for $64,539 on Dec 11 ’24. The VP of Manufacturing now owns 210,609 shares after completing the transaction at $8.37 per share. On Dec 11 ’24, another insider, Kurtenbach Reece A, who serves as the Chairman, President and CEO of the company, sold 8,048 shares for $18.75 each. As a result, the insider received 150,921 and left with 469,727 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 829308160 and an Enterprise Value of 740938944. As of this moment, Daktronics’s Price-to-Earnings (P/E) ratio for their current fiscal year is 46.33, and their Forward P/E ratio for the next fiscal year is 16.34. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.54. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.01 while its Price-to-Book (P/B) ratio in mrq is 3.17. Its current Enterprise Value per Revenue stands at 0.913 whereas that against EBITDA is 8.46.
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 $7.20. The 50-Day Moving Average of the stock is 18.17%, while the 200-Day Moving Average is calculated to be 39.17%.
Shares Statistics:
Over the past 3-months, DAKT traded about 485.40K shares per day on average, while over the past 10 days, DAKT traded about 862090 shares per day. A total of 46.90M shares are outstanding, with a floating share count of 41.79M. Insiders hold about 11.06% of the company’s shares, while institutions hold 69.69% stake in the company. Shares short for DAKT as of 1731628800 were 1885409 with a Short Ratio of 3.59, compared to 1728950400 on 2851239. Therefore, it implies a Short% of Shares Outstanding of 1885409 and a Short% of Float of 4.36.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 3.41.
