At the time of writing, Daktronics Inc [DAKT] stock is trading at $12.83, up 1.66%. An important factor to consider is whether the stock is rising or falling in short-term value. The DAKT shares have gain 1.26% over the last week, with a monthly amount drifted -18.80%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Daktronics Inc [NASDAQ: DAKT] stock has seen the most recent analyst activity on January 22, 2025, when Craig Hallum initiated its Buy rating and assigned the stock a price target of $26. Previously, Sidoti started tracking the stock with Neutral rating on January 24, 2018, and set its price target to $10. On June 01, 2016, downgrade downgraded it’s rating to Neutral. Needham upgraded its rating to a Buy but stick to its price target of $10 on September 23, 2015. Griffin Securities reiterated its recommendation of a Buy and raised its price target to $16 on November 20, 2013. Dougherty & Company downgraded its rating to Neutral for this stock on February 20, 2013. In a note dated August 23, 2012, Dougherty & Company reiterated an Buy rating on this stock and boosted its target price from $10 to $12.50.
For the past year, the stock price of Daktronics Inc fluctuated between $8.81 and $19.89. Daktronics Inc [NASDAQ: DAKT] shares were valued at $12.83 at the most recent close of the market.
Analyzing the DAKT fundamentals
According to Daktronics Inc [NASDAQ:DAKT], the company’s sales were 799.81M for trailing twelve months, which represents an -12.21% plunge. Gross Profit Margin for this corporation currently stands at 0.26% with Operating Profit Margin at 0.07%, Pretax Profit Margin comes in at 0.02%, and Net Profit Margin reading is 0.0%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.01 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 0.16.
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 12.57 points at the first support level, and at 12.31 for the second support level. However, for the 1st resistance point, the stock is sitting at 12.97, and for the 2nd resistance point, it is at 13.10.
Ratios To Look Out For
It is important to note that Daktronics Inc [NASDAQ:DAKT] has a current ratio of 2.43. On the other hand, the Quick Ratio is 1.73, and the Cash Ratio is 0.81. Considering the valuation of this stock, the price to sales ratio is 0.80, the price to book ratio is 2.19.
Transactions by insiders
Recent insider trading involved Kurtenbach Matthew John, VP of Manufacturing, that happened on Jul 12 ’24 when 2500.0 shares were sold. VP of Manufacturing, Kurtenbach Matthew John completed a deal on Jul 17 ’24 to sell 1500.0 shares. Meanwhile, Exec Vice President Wiemann Bradley T sold 638.0 shares on Jul 16 ’24.
