A share price of Daktronics Inc [DAKT] is currently trading at $16.33, up 2.13%. An important factor to consider is whether the stock is rising or falling in short-term value. The DAKT shares have gain 9.60% over the last week, with a monthly amount glided 25.71%, and 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 experienced fluctuations in its stock price throughout the past year between $7.20 and $16.05. Daktronics Inc [NASDAQ: DAKT] shares were valued at $16.33 at the most recent close of the market.
Analyzing the DAKT fundamentals
Trailing Twelve Months sales for Daktronics Inc [NASDAQ:DAKT] were 811.64M which represents -2.77% decline. 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 0.32.
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 16.07 points at the first support level, and at 15.81 for the second support level. However, for the 1st resistance point, the stock is sitting at 16.54, and for the 2nd resistance point, it is at 16.75.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Daktronics Inc [NASDAQ:DAKT] 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 0.94, the price to book ratio is 3.20 and price to earnings (TTM) ratio is 79.81.
Transactions by insiders
Recent insider trading involved Kurtenbach Matthew John, VP of Manufacturing, that happened on Oct 03 ’24 when 15400.0 shares were sold. Exec Vice President, Wiemann Bradley T completed a deal on Sep 27 ’24 to sell 25000.0 shares. Meanwhile, Officer Wiemann Bradley T bought 25000.0 shares on Sep 27 ’24.
