Daktronics Inc

Daktronics Inc Stock Forecast & Price Prediction

Live Daktronics Inc Stock (DAKT) Price
$19.50

0

Ratings

  • Buy 0
  • Hold 0
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$19.50

P/E Ratio

30.95

Volume Traded Today

$662,300

Dividend

$0.05

52 Week High/low

19.89/7.20

Daktronics Inc Market Cap

$916.2M

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DAKT Summary

The Daktronics Inc (DAKT) share price is expected to decrease by 12.82% over the next year. This is based on calculating the average 12-month share price estimate provided by 0 stock analysts who have covered DAKT. Price targets range from $17 at the low end to $17 at the high end. The current analyst consensus for DAKT is a sell. Please note analyst price targets are not guaranteed and could be missed completely.

DAKT Analyst Ratings

About 0 Wall Street analysts have assignedDAKT 0 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect Daktronics Inc to sell. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on DAKT. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

DAKT stock forecast by analyst

These are the latest 20 analyst ratings of DAKT.

Analyst/Firm

Rating

Price Target

Change

Date

Lisa Springer
Singular Research

Buy

$10

Maintains

Sep 21, 2018

Singular Research

Buy


Initiates

Dec 19, 2016

Needham

Buy


Upgrade

Sep 23, 2015

Dougherty & Co.

Buy

$13.5

Maintains

Feb 23, 2012

Dougherty

Buy


Maintains

Feb 23, 2012

DAKT Company Information

What They Do: Designs and sells electronic display systems.

Business Model: The company operates through multiple segments including Commercial, Live Events, and Transportation, generating revenue by designing, manufacturing, and selling a wide array of electronic displays and related systems. It sells products through direct sales channels and resellers, catering to various sectors such as sports, commercial industries, and public transportation.

Other Information: Founded in 1968 and headquartered in Brookings, South Dakota, Daktronics offers an extensive range of products including scoreboards, LED displays, and sound systems, alongside software solutions like the Venus control suite for display management. The company's diverse offerings position it well to meet the growing demand for dynamic electronic signage in various markets.
DAKT
Daktronics Inc (DAKT)

When did it IPO

1994

Staff Count

2,520

Country

United States

Sector/Industry

Technology/Electronic Components

CEO

Mr. Reece A. Kurtenbach

Market Cap

$916.2M

Daktronics Inc (DAKT) Financial Data

In 2023, DAKT generated $754.2M in revenue, which was a increase of 23.44% from the previous year. This can be seen as a signal that DAKT's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

N/A

Revenue From 2021

$482.0M

0.00 %
From Previous Year

Revenue From 2022

$611.0M

26.75 %
From Previous Year

Revenue From 2023

$754.2M

23.44 %
From Previous Year
  • Revenue TTM $811.6M
  • Operating Margin TTM 10.0%
  • Gross profit TTM $222.4M
  • Return on assets TTM 8.2%
  • Return on equity TTM 4.6%
  • Profit Margin 1.3%
  • Book Value Per Share 5.17%
  • Market capitalisation $916.2M
  • Revenue for 2021 $482.0M
  • Revenue for 2022 $611.0M
  • Revenue for 2023 $754.2M
  • EPS this year (TTM) $0.63

Daktronics Inc (DAKT) Latest News

News Image

Wed, 04 Dec 2024

Sentiment - POSITIVE

Source - The Motley Fool

Summary - Daktronics shares surged 21.3% after a strong earnings report, later stabilizing at a 14.1% gain by 1:35 p.m. on Wednesday.

Why It Matters - Daktronics' strong earnings report indicates robust financial performance, potentially attracting more investors and increasing stock value, signaling market confidence.

News Image

Wed, 04 Dec 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - Daktronics, Inc. (NASDAQ:DAKT) will hold its Q2 2024 earnings conference call on December 4, 2024, at 11:00 AM ET, featuring key company executives.

Why It Matters - Daktronics' Q2 earnings call provides key insights into financial performance and future guidance, influencing stock valuation and investor sentiment.

News Image

Wed, 04 Dec 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Daktronics, Inc. (NASDAQ: DAKT) reported its fiscal 2025 Q2 results for the period ending October 26, 2024. Further details on performance were not provided in the excerpt.

Why It Matters - Daktronics' fiscal Q2 results can influence stock performance and investor sentiment, signaling company growth, profitability, or potential risks in the dynamic display market.

News Image

Wed, 04 Dec 2024

Sentiment - NEGATIVE

Source - Zacks Investment Research

Summary - Daktronics (DAKT) reported quarterly earnings of $0.08 per share, below the Zacks Consensus Estimate of $0.17 and down from $0.28 per share a year prior.

Why It Matters - Daktronics' earnings miss signals declining profitability and potential challenges in growth, impacting investor confidence and stock performance.

News Image

Wed, 04 Dec 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Daktronics, Inc. (Nasdaq: DAKT) will present at The Benchmark Company's 13th Annual Discovery One-on-One Investor Conference on December 11, 2024, featuring CEO Reece Kurtenbach and CFO Sheila Anderson.

Why It Matters - Daktronics' participation in a prominent investor conference signals potential growth opportunities and investor interest, which may influence stock performance and market perception.

News Image

Thu, 05 Dec 2024

Sentiment - POSITIVE

Source - Seeking Alpha

Summary - Daktronics shares rose nearly 20% post-Q2 earnings. Despite strong sales, order growth fell short, and margins were impacted by one-time costs. Future growth is modest, but margin improvement is expected with digital offerings.

Why It Matters - Daktronics' share surge signals positive market sentiment despite weak order growth and margin pressure, highlighting potential for future profitability with digital product expansion.

...

DAKT Frequently asked questions

The highest forecasted price for DAKT is $17 from at .

The lowest forecasted price for DAKT is $17 from from

The DAKT analyst ratings consensus are 0 buy ratings, 0 hold ratings, and 0 sell ratings.