Daktronics, Inc. (DAKT)
| Market Cap | 740.74M |
| Revenue (ttm) | 820.60M |
| Net Income (ttm) | 29.72M |
| Shares Out | 47.09M |
| EPS (ttm) | 0.63 |
| PE Ratio | 24.93 |
| Forward PE | 18.08 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 231,375 |
| Open | 16.55 |
| Previous Close | 16.31 |
| Day's Range | 15.71 - 16.55 |
| 52-Week Range | 7.38 - 19.89 |
| Beta | 1.17 |
| Analysts | Strong Buy |
| Price Target | 26.00 (+65.29%) |
| Earnings Date | Mar 5, 2025 |
About DAKT
Daktronics, Inc. designs, manufactures, and sells electronic scoreboards, programmable display systems and large screen video displays for sporting, commercial, and transportation applications in the United States and internationally. It operates through Commercial, Live Events, High School Park and Recreation, Transportation, and International segments. The company also offers video display and walls; scoreboards and timing systems; LED message displays and sings; intelligent transportation systems dynamic message signs; mass transit display; ... [Read more]
Financial Performance
In 2024, Daktronics's revenue was $818.08 million, an increase of 8.47% compared to the previous year's $754.20 million. Earnings were $34.62 million, an increase of 408.98%.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for DAKT stock is "Strong Buy" and the 12-month stock price forecast is $26.0.
News
Alta Fox Corrects Daktronics' Misleading and Nonsensical Version of Events
DALLAS--(BUSINESS WIRE)--Alta Fox Capital Management, LLC (together with its affiliates, “Alta Fox” or “we”), the largest shareholder of Daktronics, Inc. (NASDAQ: DAKT) (“Daktronics” or the “Company”)...
Daktronics Comments on Press Release and Litigation from Alta Fox Capital Management
Notes that Alta Fox Has Been Seeking to Sell the Majority of Its Equity Stake, Even as It Publicly Claims to Be Committed to Daktronics for the Long Term
Alta Fox Files Federal Lawsuit to Stop Daktronics' Latest Reactionary Entrenchment Maneuver
DALLAS--(BUSINESS WIRE)--Alta Fox Capital Management, LLC (together with its affiliates, “Alta Fox” or “we”), the largest shareholder of Daktronics, Inc. (NASDAQ: DAKT) (“Daktronics” or the “Company”)...
Breach Inlet Capital Announces Intention to Vote Against Daktronics' Proposed Reincorporation
CHARLESTON, S.C.--(BUSINESS WIRE)--Breach Inlet Capital Management, LLC (together with its affiliates, “Breach Inlet Capital” or “we”) is an investment firm focused on underfollowed and misunderstood ...
Anchor Capital Supports Governance Enhancements at Daktronics
BOSTON, MA--(BUSINESS WIRE)--Anchor Capital Advisors, LLC (collectively with its affiliates, “Anchor Capital”), which is a shareholder of Daktronics, Inc. (NASDAQ: DAKT) (“Daktronics” or the “Company”...
3 Top Stocks For Gradual Rate Cuts
The Fed cut interest rates in December to 4.25%-4.5% and revised guidance for only two rate cuts in 2025, which induced a market selloff. Historically, the market falls the first week after a rate cut...
Daktronics Files Preliminary Proxy Statement for Special Meeting of Shareholders
Shareholders to Vote on a Proposal to Reincorporate the Company in Delaware Reaffirms Commitment to Maintaining Headquarters and Operations in South Dakota BROOKINGS, S.D., Jan. 21, 2025 (GLOBE NEWSWI...
Breach Inlet Capital Issues Public Letter to Board of Daktronics
CHARLESTON, S.C.--(BUSINESS WIRE)--Breach Inlet Capital, LP, an investment firm focused on underfollowed and misunderstood small cap equities, today issued the following letter to the Board of Directo...
Alta Fox Corrects the Record Regarding Daktronics' Misleading Statements
DALLAS--(BUSINESS WIRE)--Alta Fox Capital Management, LLC (together with its affiliates, “Alta Fox” or “we”), the largest shareholder of Daktronics, Inc. (NASDAQ: DAKT) (“Daktronics” or the “Company”)...
Daktronics Comments on Presentation and Public Statements from Alta Fox
Highlights Alta Fox's Self-Serving Campaign to Pressure the Daktronics Board into Taking Actions that Would Favor Alta Fox as a Creditor Highlights Alta Fox's Self-Serving Campaign to Pressure the Dak...
Alta Fox Releases Presentation on Daktronics Delivered at Bloomberg Activism Forum 2024
DALLAS--(BUSINESS WIRE)--Alta Fox Capital Management, LLC (together with its affiliates, “Alta Fox” or “we”), the largest shareholder of Daktronics, Inc. (NASDAQ: DAKT) (“Daktronics” or the “Company”)...
Daktronics Q2: Digital Transformation Set To Drive Strong Margin Growth
Daktronics shares are up nearly 20% following the Q2 earnings release. Although sales growth was strong, order growth came in below expectations, and operating margins were pressured by one-time expen...
Daktronics to Present at The Benchmark Company's Upcoming Discovery One-on-One Investor Conference
BROOKINGS, S.D., Dec. 04, 2024 (GLOBE NEWSWIRE) -- Daktronics, Inc. (Nasdaq: DAKT), a leading global designer and manufacturer of best-in-class dynamic video communication displays and control systems...
Daktronics, Inc. (DAKT) Q2 2024 Earnings Call Transcript
Daktronics, Inc. (NASDAQ:DAKT) Q2 2024 Earnings Conference Call December 4, 2024 11:00 AM ET Company Participants Carla Gatzke - Corporate Secretary Reece Kurtenbach - Chief Executive Officer Sheila ...
Daktronics, Inc. Announces 2025 Fiscal Second Quarter Results
BROOKINGS, S.D., Dec. 04, 2024 (GLOBE NEWSWIRE) -- Daktronics, Inc. (NASDAQ-DAKT), the leading U.S.-based designer and manufacturer of best-in-class dynamic video communication displays and control sy...
Daktronics Announces Intention to Convert $25 Million Convertible Promissory Note into Common Stock
BROOKINGS, S.D., Nov. 08, 2024 (GLOBE NEWSWIRE) -- Daktronics, Inc. (“Daktronics” or the “Company”) (NASDAQ-DAKT), the leading U.S.-based designer and manufacturer of best-in-class dynamic video commu...
Daktronics, Inc. Announces Next Steps in Ongoing Business Transformation Plan
Business Transformation Office Driving Strategic Initiatives to Accelerate Profitable Growth, Increase Margins and Drive Consistent Returns on Invested Capital in the Mid-to-High Teens
Sign Of The Times, Daktronics Flashes Strong Growth (Ratings Upgrade)
Daktronics has shown strong resilience and growth potential, with an 88.18% stock increase, outperforming the S&P 500's 23.58% gain. Despite earlier concerns about inflation and dividends, Daktronics'...
Daktronics Q2 Earnings: Solid Margins Despite Tepid Growth (Maintain Buy Rating)
Shares are down more than 10% since its Q1 FY25 earnings release. Order growth remained healthy, while margins continue to remain strong. Management aims to increase investments to increase the compet...
Daktronics to Present at Sidoti Virtual Investor Conference September 18-19
BROOKINGS, S.D., Sept. 11, 2024 (GLOBE NEWSWIRE) -- Daktronics Inc. (Nasdaq: DAKT), a leading global designer and manufacturer of best-in-class dynamic video communication displays and control systems...
Daktronics, Inc. (DAKT) Q1 2025 Earnings Call Transcript
Daktronics, Inc. (NASDAQ:DAKT) Q1 2025 Earnings Conference Call September 4, 2024 11:00 AM ET Company Participants Carla Gatzke – Corporate Secretary Reece Kurtenbach – Chief Executive Officer Sheila...
Daktronics, Inc. Announces 2025 Fiscal First Quarter Results
Solid Sequential GAAP Revenue Growth, Margin Expansion, and Cash Flow Generation Earned $22.7 Million of Operating Income and Adjusted Net Income (1) of $16.6 Million BROOKINGS, S.D., Sept. 04, 2024 (...
Daktronics, Inc. to Release First Quarter Fiscal 2025 Financial Results
BROOKINGS, S.D., Aug. 22, 2024 (GLOBE NEWSWIRE) -- Daktronics, Inc. (NASDAQ-DAKT), announced today it will release its first quarter fiscal 2025 financial results on Wednesday, September 4, 2024 befor...
Crypto.com Arena Brings Big Center-Hung Scoreboard Upgrade to Games, Concerts and Other Special Events With a Stunning Display From Daktronics
BROOKINGS, S.D.--(BUSINESS WIRE)--Crypto.com Arena Brings Big Center-Hung Scoreboard Upgrade to Games, Concerts and Other Special Events With a Stunning Display From Daktronics.
Daktronics: Compelling Valuation Supported By Steady Growth And Improving Margins
Shares are up more than 50% this year following a strong performance in the underlying business. Margins have remained solid as the company continues to deliver profitable growth supported by a strong...