Daktronics Inc. [DAKT] stock is trading at $12.95, up 2.61%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The DAKT shares have gain 6.76% over the last week, with a monthly amount drifted -13.90%, 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.
Daktronics Inc. [DAKT] stock has fluctuated between $7.20 and $15.97 over the past year. Daktronics Inc. [NASDAQ: DAKT] shares were valued at $12.95 at the most recent close of the market.
Analyzing the DAKT fundamentals
Daktronics Inc. [NASDAQ:DAKT] reported sales of 811.64M for the trailing twelve months, which represents 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 12.73 points at the first support level, and at 12.50 for the second support level. However, for the 1st resistance point, the stock is sitting at 13.16, and for the 2nd resistance point, it is at 13.36.
Ratios To Look Out For
For context, Daktronics Inc.’s Current Ratio is 2.17. In addition, the Quick Ratio stands at 1.48 and the Cash Ratio stands at 0.49. Considering the valuation of this stock, the price to sales ratio is 0.74, the price to book ratio is 2.53 and price to earnings (TTM) ratio is 63.29.
Transactions by insiders
Recent insider trading involved Wiemann Bradley T, Officer, that happened on Sep 27 ’24 when 25000.0 shares were purchased. VP of Manufacturing, Kurtenbach Matthew John completed a deal on Jul 31 ’24 to sell 2000.0 shares. Meanwhile, VP of Manufacturing Kurtenbach Matthew John sold 3000.0 shares on Jul 29 ’24.
