Daktronics (DAKT) Scheduled to Post Earnings on Monday

Daktronics (NASDAQ:DAKT) is scheduled to announce its earnings results before the market opens on Monday, February 19th. Analysts expect the company to announce earnings of ($0.02) per share for the quarter.

Daktronics (NASDAQ:DAKT) last announced its quarterly earnings data on Tuesday, November 21st. The technology company reported $0.16 EPS for the quarter, missing the Zacks’ consensus estimate of $0.17 by ($0.01). The firm had revenue of $169.30 million during the quarter, compared to the consensus estimate of $172.55 million. Daktronics had a net margin of 1.89% and a return on equity of 5.56%. The firm’s quarterly revenue was down .4% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.20 earnings per share. On average, analysts expect Daktronics to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Daktronics (NASDAQ DAKT) opened at $9.45 on Friday. The company has a market capitalization of $422.52, a price-to-earnings ratio of 37.80 and a beta of 1.17. The company has a debt-to-equity ratio of 0.07, a current ratio of 2.04 and a quick ratio of 1.53. Daktronics has a 12-month low of $7.84 and a 12-month high of $10.86.

A number of research analysts have commented on DAKT shares. Zacks Investment Research upgraded Daktronics from a “sell” rating to a “hold” rating in a research report on Tuesday, January 23rd. Sidoti started coverage on Daktronics in a research report on Wednesday, January 24th. They issued a “neutral” rating and a $10.00 price objective on the stock. Finally, BidaskClub upgraded Daktronics from a “strong sell” rating to a “sell” rating in a research report on Monday, February 5th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and one has given a buy rating to the stock. Daktronics has an average rating of “Hold” and a consensus price target of $10.50.

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About Daktronics

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.

Earnings History for Daktronics (NASDAQ:DAKT)

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