Daktronics, Inc. (NASDAQ:DAKT – Free Report) – Analysts at Sidoti Csr dropped their FY2025 earnings per share estimates for Daktronics in a report released on Thursday, March 6th. Sidoti Csr analyst A. Soderstrom now anticipates that the technology company will post earnings per share of $0.83 for the year, down from their prior estimate of $0.96. The consensus estimate for Daktronics’ current full-year earnings is $0.96 per share. Sidoti Csr also issued estimates for Daktronics’ Q4 2025 earnings at $0.19 EPS, Q1 2026 earnings at $0.29 EPS, Q2 2026 earnings at $0.28 EPS, Q3 2026 earnings at $0.14 EPS, Q4 2026 earnings at $0.30 EPS, FY2026 earnings at $1.02 EPS, Q1 2027 earnings at $0.36 EPS, Q2 2027 earnings at $0.34 EPS, Q3 2027 earnings at $0.15 EPS and FY2027 earnings at $1.20 EPS.
Separately, Craig Hallum began coverage on shares of Daktronics in a research note on Wednesday, January 22nd. They set a “buy” rating and a $26.00 price target for the company.
Daktronics Stock Performance
Shares of Daktronics stock opened at $12.77 on Friday. Daktronics has a fifty-two week low of $8.62 and a fifty-two week high of $19.89. The company has a debt-to-equity ratio of 0.40, a current ratio of 2.35 and a quick ratio of 1.67. The firm has a market capitalization of $601.35 million, a P/E ratio of 51.08, a P/E/G ratio of 0.57 and a beta of 1.12. The company’s 50 day moving average price is $16.28 and its two-hundred day moving average price is $15.09.
Daktronics (NASDAQ:DAKT – Get Free Report) last issued its earnings results on Wednesday, December 4th. The technology company reported $0.08 earnings per share for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.09). Daktronics had a net margin of 3.62% and a return on equity of 19.61%.
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in DAKT. Quarry LP grew its holdings in shares of Daktronics by 75.6% during the third quarter. Quarry LP now owns 2,297 shares of the technology company’s stock valued at $30,000 after buying an additional 989 shares during the last quarter. Summit Investment Advisors Inc. grew its holdings in shares of Daktronics by 29.9% during the fourth quarter. Summit Investment Advisors Inc. now owns 4,192 shares of the technology company’s stock valued at $71,000 after buying an additional 965 shares during the last quarter. Virtus Fund Advisers LLC acquired a new position in shares of Daktronics during the third quarter valued at about $75,000. KLP Kapitalforvaltning AS acquired a new position in shares of Daktronics during the fourth quarter valued at about $125,000. Finally, Knott David M Jr acquired a new position in shares of Daktronics during the fourth quarter valued at about $132,000. 61.69% of the stock is currently owned by institutional investors and hedge funds.
Insiders Place Their Bets
In other Daktronics news, Director John Patrick Friel sold 2,244 shares of the firm’s stock in a transaction on Thursday, December 12th. The shares were sold at an average price of $18.17, for a total value of $40,773.48. Following the completion of the sale, the director now directly owns 87,573 shares in the company, valued at approximately $1,591,201.41. This trade represents a 2.50 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Reece A. Kurtenbach sold 8,048 shares of the firm’s stock in a transaction on Wednesday, December 11th. The stock was sold at an average price of $18.75, for a total transaction of $150,900.00. Following the completion of the sale, the chief executive officer now owns 469,727 shares of the company’s stock, valued at $8,807,381.25. The trade was a 1.68 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 5.50% of the company’s stock.
Daktronics Company Profile
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.
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