Daktronics Stock Analysis

DAKT Stock  USD 15.40  0.38  2.53%   
Daktronics is overvalued with Real Value of 12.02 and Target Price of 12.0. The main objective of Daktronics stock analysis is to determine its intrinsic value, which is an estimate of what Daktronics is worth, separate from its market price. There are two main types of Daktronics' stock analysis: fundamental analysis and technical analysis.
The Daktronics stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Daktronics is usually not traded on Juneteenth Holiday, Independence Day, Labour Day, Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day. Daktronics Stock trading window is adjusted to America/New York timezone.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Daktronics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
For more information on how to buy Daktronics Stock please use our How to Invest in Daktronics guide.

Daktronics Stock Analysis Notes

About 13.0% of the company shares are held by company insiders. The book value of Daktronics was currently reported as 5.11. The company has Price/Earnings To Growth (PEG) ratio of 0.49. Daktronics last dividend was issued on the 6th of March 2020. The entity had 2:1 split on the 23rd of June 2006. Daktronics, Inc. designs, manufactures, markets, and sells electronic display systems and related products worldwide. Daktronics, Inc. was founded in 1968 and is headquartered in Brookings, South Dakota. Daktronics operates under Electronic Components classification in the United States and is traded on NASDAQ Exchange. It employs 2246 people. To learn more about Daktronics call Reece Kurtenbach at 605 692 0200 or check out https://www.daktronics.com.

Daktronics Quarterly Total Revenue

226.09 Million

Daktronics Investment Alerts

Daktronics has a poor financial position based on the latest SEC disclosures
About 70.0% of the company shares are held by institutions such as insurance companies
Latest headline from thelincolnianonline.com: Daktronics, Inc. Sees Large Decline in Short Interest

Daktronics Upcoming and Recent Events

13th of March 2024
Upcoming Quarterly Report
View
31st of January 2024
Next Fiscal Quarter End
View

Daktronics Largest EPS Surprises

Earnings surprises can significantly impact Daktronics' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2014-02-18
2014-01-310.080.07-0.0112 
2013-02-19
2013-01-310.070.06-0.0114 
2011-02-22
2011-01-310.030.040.0133 
View All Earnings Estimates

Daktronics Environmental, Social, and Governance (ESG) Scores

Daktronics' ESG score is a quantitative measure that evaluates Daktronics' performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of Daktronics' operations that may have significant financial implications and affect Daktronics' stock price as well as guide investors towards more socially responsible investments.

Daktronics Stock Institutional Investors

Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Alta Fox Capital Management, Llc2024-09-30
748.6 K
Amvescap Plc.2024-06-30
736.9 K
Jpmorgan Chase & Co2024-06-30
610.2 K
Arrowstreet Capital Limited Partnership2024-06-30
579.5 K
D. E. Shaw & Co Lp2024-09-30
535.9 K
Renaissance Technologies Corp2024-09-30
519.9 K
Charles Schwab Investment Management Inc2024-09-30
451.9 K
Bridgeway Capital Management, Llc2024-09-30
437.2 K
J. Goldman & Co Lp2024-09-30
395.3 K
Blackrock Inc2024-06-30
2.9 M
Duquesne Family Office Llc2024-09-30
2.6 M
Note, although Daktronics' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Daktronics Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 690.4 M.

Daktronics Profitablity

The company has Profit Margin (PM) of 0.01 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.1 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.1.
Last ReportedProjected for Next Year
Return On Capital Employed 0.26  0.02 

Management Efficiency

Daktronics has return on total asset (ROA) of 0.0819 % which means that it generated a profit of $0.0819 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0456 %, meaning that it created $0.0456 on every $100 dollars invested by stockholders. Daktronics' management efficiency ratios could be used to measure how well Daktronics manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to 0 in 2024. Return On Capital Employed is likely to drop to 0.02 in 2024. At this time, Daktronics' Total Current Liabilities is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 554.3 M in 2024, whereas Non Current Liabilities Other is likely to drop slightly above 23.8 M in 2024.
Last ReportedProjected for Next Year
Book Value Per Share 5.20  4.24 
Tangible Book Value Per Share 5.11  4.03 
Enterprise Value Over EBITDA 3.83  7.02 
Price Book Value Ratio 1.79  0.79 
Enterprise Value Multiple 3.83  7.02 
Price Fair Value 1.79  0.79 
Enterprise Value401.8 M355 M
Understanding the management dynamics of Daktronics allows us to gauge its ability to sustain growth and profitability. This comprehensive analysis aids in determining the stock's value.
Operating Margin
0.1005
Profit Margin
0.0129
Beta
1.149
Return On Assets
0.0819
Return On Equity
0.0456

Technical Drivers

As of the 1st of December, Daktronics shows the Mean Deviation of 1.79, coefficient of variation of 3739.04, and Downside Deviation of 2.93. Daktronics technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices.

Daktronics Price Movement Analysis

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Daktronics Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Daktronics insiders, such as employees or executives, is commonly permitted as long as it does not rely on Daktronics' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Daktronics insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Daktronics Outstanding Bonds

Daktronics issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Daktronics uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Daktronics bonds can be classified according to their maturity, which is the date when Daktronics has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Daktronics Predictive Daily Indicators

Daktronics intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Daktronics stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Daktronics Corporate Filings

8K
20th of November 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
13A
12th of November 2024
An amended filing to the original Schedule 13G
ViewVerify
8K
8th of November 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
13A
4th of November 2024
An amended filing to the original Schedule 13G
ViewVerify
8K
21st of October 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
F4
7th of October 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
1st of October 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
19th of September 2024
Other Reports
ViewVerify

Daktronics Forecast Models

Daktronics' time-series forecasting models are one of many Daktronics' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Daktronics' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Daktronics Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Daktronics prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Daktronics shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Daktronics. By using and applying Daktronics Stock analysis, traders can create a robust methodology for identifying Daktronics entry and exit points for their positions.
Last ReportedProjected for Next Year
Operating Profit Margin 0.11  0.01 
Gross Profit Margin 0.27  0.19 

Current Daktronics Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Daktronics analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Daktronics analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
12.0Strong Sell0Odds
Daktronics current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Daktronics analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Daktronics stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Daktronics, talking to its executives and customers, or listening to Daktronics conference calls.
Daktronics Analyst Advice Details

Daktronics Stock Analysis Indicators

Daktronics stock analysis indicators help investors evaluate how Daktronics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Daktronics shares will generate the highest return on investment. By understating and applying Daktronics stock analysis, traders can identify Daktronics position entry and exit signals to maximize returns.
Begin Period Cash Flow24.7 M
Long Term Debt53.2 M
Common Stock Shares Outstanding46.5 M
Total Stockholder Equity238.8 M
Tax Provision19.4 M
Quarterly Earnings Growth Y O Y-0.895
Property Plant And Equipment Net71.8 M
Cash And Short Term Investments81.3 M
Cash81.3 M
Accounts Payable60.8 M
Net Debt-24.7 M
50 Day M A13.1022
Total Current Liabilities192.3 M
Other Operating Expenses731 M
Non Current Assets Total125.9 M
Forward Price Earnings14.8148
Non Currrent Assets Other21.9 M
Stock Based Compensation2.1 M

Additional Tools for Daktronics Stock Analysis

When running Daktronics' price analysis, check to measure Daktronics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Daktronics is operating at the current time. Most of Daktronics' value examination focuses on studying past and present price action to predict the probability of Daktronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Daktronics' price. Additionally, you may evaluate how the addition of Daktronics to your portfolios can decrease your overall portfolio volatility.