Daktronics Inc. [DAKT] stock prices are up 1.07% to $12.32 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The DAKT shares have gain 4.41% over the last week, with a monthly amount drifted -17.65%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Daktronics Inc. [NASDAQ: DAKT] stock has seen the most recent analyst activity on January 24, 2018, when Sidoti initiated its Neutral rating and assigned the stock a price target of $10. Previously, Sidoti downgraded its rating to Neutral on June 01, 2016. On September 23, 2015, upgrade upgraded it’s rating to Buy but maintained its price target of $10 on the stock. Griffin Securities reiterated its Buy rating and increased its price target to $16 on November 20, 2013. Dougherty & Company downgraded its rating to a Neutral. Dougherty & Company reiterated a Buy rating for this stock on August 23, 2012, and upped its price target to $12.50. In a note dated August 22, 2012, Griffin Securities reiterated an Buy rating on this stock and boosted its target price from $12 to $14.
The stock price of Daktronics Inc. [DAKT] has been fluctuating between $7.20 and $15.97 over the past year. Daktronics Inc. [NASDAQ: DAKT] shares were valued at $12.32 at the most recent close of the market.
Analyzing the DAKT fundamentals
The Daktronics Inc. [NASDAQ:DAKT] reported sales of 811.64M for trailing twelve months, representing a drop of -2.77%. Gross Profit Margin for this corporation currently stands at 0.26% with Operating Profit Margin at 0.07%, Pretax Profit Margin comes in at 0.03%, and Net Profit Margin reading is 0.01%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.04 and Total Capital is 0.15. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.34.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 12.06 points at the first support level, and at 11.81 for the second support level. However, for the 1st resistance point, the stock is sitting at 12.51, and for the 2nd resistance point, it is at 12.71.
Ratios To Look Out For
It’s worth pointing out that Daktronics Inc. [NASDAQ:DAKT]’s Current Ratio is 2.17. On the other hand, the Quick Ratio is 1.48, and the Cash Ratio is 0.49. Considering the valuation of this stock, the price to sales ratio is 0.71, the price to book ratio is 2.41 and price to earnings (TTM) ratio is 60.22.
Transactions by insiders
Recent insider trading involved Kurtenbach Matthew John, VP of Manufacturing, that happened on Jul 31 ’24 when 2000.0 shares were sold. VP of Manufacturing, Kurtenbach Matthew John completed a deal on Jul 29 ’24 to sell 3000.0 shares. Meanwhile, CFO & Treasurer Anderson Sheila Mae sold 7500.0 shares on Jul 29 ’24.
