Headlines about Daktronics (NASDAQ:DAKT) have been trending somewhat positive on Sunday, Accern Sentiment Analysis reports. Accern identifies positive and negative media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Daktronics earned a coverage optimism score of 0.14 on Accern’s scale. Accern also gave headlines about the technology company an impact score of 45.8688482267691 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Shares of Daktronics (DAKT) traded up 0.21% during trading on Friday, hitting $9.62. The stock had a trading volume of 73,781 shares. The company’s 50 day moving average price is $9.67 and its 200 day moving average price is $9.58. The stock has a market cap of $425.04 million, a price-to-earnings ratio of 41.83 and a beta of 1.30. Daktronics has a 12 month low of $6.62 and a 12 month high of $11.12.
Daktronics (NASDAQ:DAKT) last posted its quarterly earnings data on Wednesday, May 31st. The technology company reported $0.02 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.06 by $0.04. The firm had revenue of $143.70 million during the quarter, compared to analysts’ expectations of $141.50 million. Daktronics had a net margin of 1.76% and a return on equity of 5.14%. Daktronics’s quarterly revenue was up 3.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.07) EPS. Equities research analysts expect that Daktronics will post $0.36 earnings per share for the current fiscal year.
A number of research firms have weighed in on DAKT. BidaskClub upgraded Daktronics from a “sell” rating to a “hold” rating in a research note on Thursday. Zacks Investment Research upgraded Daktronics from a “sell” rating to a “hold” rating in a research note on Tuesday, May 16th. Two research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of $12.17.
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In related news, Director John L. Mulligan sold 16,000 shares of the business’s stock in a transaction on Wednesday, June 14th. The stock was sold at an average price of $9.83, for a total value of $157,280.00. Following the sale, the director now owns 72,953 shares in the company, valued at approximately $717,127.99. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director John L. Mulligan sold 37,307 shares of the business’s stock in a transaction on Monday, September 18th. The shares were sold at an average price of $13.20, for a total value of $492,452.40. Following the completion of the sale, the director now owns 67,182 shares in the company, valued at approximately $886,802.40. The disclosure for this sale can be found here. Insiders sold a total of 67,661 shares of company stock worth $791,626 in the last quarter. Company insiders own 8.20% of the company’s stock.
Daktronics Company Profile
Daktronics, Inc is a supplier of electronic scoreboards, electronic display systems, digital messaging solutions, software and services for sporting, commercial and transportation applications. The Company operates through five segments: Commercial, Live Events, High School Park and Recreation, Transportation, and International.
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