Daktronics, Inc. (NASDAQ:DAKT - Free Report) - Stock analysts at Sidoti Csr reduced their FY2025 earnings estimates for Daktronics in a research report issued on Thursday, March 6th. Sidoti Csr analyst A. Soderstrom now forecasts that the technology company will post earnings per share of $0.83 for the year, down from their previous forecast 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 initiated coverage on Daktronics in a research note on Wednesday, January 22nd. They issued a "buy" rating and a $26.00 price target on the stock.
View Our Latest Research Report on Daktronics
Daktronics Stock Up 2.2 %
Shares of NASDAQ:DAKT traded up $0.26 during trading on Friday, hitting $12.21. The stock had a trading volume of 679,030 shares, compared to its average volume of 468,319. The company has a market capitalization of $609.19 million, a PE ratio of 48.84, a PEG ratio of 0.57 and a beta of 1.12. The company has a quick ratio of 1.67, a current ratio of 2.35 and a debt-to-equity ratio of 0.40. The firm's fifty day moving average is $16.01 and its 200 day moving average is $15.03. Daktronics has a 12 month low of $8.69 and a 12 month high of $19.89.
Hedge Funds Weigh In On Daktronics
A number of hedge funds have recently added to or reduced their stakes in DAKT. Alta Fox Capital Management LLC boosted its stake in Daktronics by 310.7% during the 4th quarter. Alta Fox Capital Management LLC now owns 3,074,336 shares of the technology company's stock valued at $51,833,000 after purchasing an additional 2,325,779 shares during the last quarter. Duquesne Family Office LLC lifted its holdings in shares of Daktronics by 2.2% during the fourth quarter. Duquesne Family Office LLC now owns 2,625,105 shares of the technology company's stock valued at $44,259,000 after purchasing an additional 56,750 shares in the last quarter. Vanguard Group Inc. lifted its holdings in shares of Daktronics by 0.5% during the fourth quarter. Vanguard Group Inc. now owns 2,450,964 shares of the technology company's stock valued at $41,323,000 after purchasing an additional 11,099 shares in the last quarter. Progeny 3 Inc. boosted its position in shares of Daktronics by 4.7% during the fourth quarter. Progeny 3 Inc. now owns 2,391,008 shares of the technology company's stock valued at $40,312,000 after buying an additional 106,400 shares during the last quarter. Finally, American Century Companies Inc. increased its holdings in Daktronics by 11.3% in the 4th quarter. American Century Companies Inc. now owns 1,388,284 shares of the technology company's stock worth $23,406,000 after buying an additional 140,482 shares in the last quarter. 61.69% of the stock is currently owned by hedge funds and other institutional investors.
Insider Buying and Selling at Daktronics
In related news, Director John Patrick Friel sold 2,244 shares of the company's stock in a transaction that occurred on Thursday, December 12th. The stock was sold at an average price of $18.17, for a total value of $40,773.48. Following the sale, the director now owns 87,573 shares in the company, valued at $1,591,201.41. This represents a 2.50 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO Reece A. Kurtenbach sold 8,048 shares of the firm's stock in a transaction that occurred on Wednesday, December 11th. The shares were sold at an average price of $18.75, for a total value of $150,900.00. Following the transaction, the chief executive officer now directly owns 469,727 shares of the company's stock, valued at approximately $8,807,381.25. This trade represents a 1.68 % decrease in their position. The disclosure for this sale can be found here. Insiders own 5.50% of the company's stock.
About Daktronics
(
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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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