Singular Research Weighs in on Daktronics FY2025 Earnings

Daktronics, Inc. (NASDAQ:DAKT - Free Report) - Equities research analysts at Singular Research issued their FY2025 earnings per share (EPS) estimates for shares of Daktronics in a research note issued on Thursday, March 13th. Singular Research analyst M. Furst expects that the technology company will post earnings of $0.76 per share for the year. The consensus estimate for Daktronics' current full-year earnings is $0.96 per share. Singular Research also issued estimates for Daktronics' Q4 2025 earnings at $0.17 EPS.

Separately, Craig Hallum started coverage on Daktronics in a research note on Wednesday, January 22nd. They issued a "buy" rating and a $26.00 target price for the company.

Daktronics Price Performance

Shares of DAKT traded down $0.05 during midday trading on Monday, reaching $12.74. The stock had a trading volume of 152,563 shares, compared to its average volume of 463,754. The company's 50-day moving average is $15.41 and its 200 day moving average is $14.90. Daktronics has a 12-month low of $8.81 and a 12-month high of $19.89. The company has a current ratio of 2.35, a quick ratio of 1.67 and a debt-to-equity ratio of 0.40. The company has a market capitalization of $635.64 million, a price-to-earnings ratio of 50.82, a price-to-earnings-growth ratio of 0.57 and a beta of 1.12.

Institutional Investors Weigh In On Daktronics

A number of hedge funds have recently made changes to their positions in DAKT. Alta Fox Capital Management LLC grew its stake in shares of Daktronics by 310.7% during the fourth quarter. Alta Fox Capital Management LLC now owns 3,074,336 shares of the technology company's stock valued at $51,833,000 after buying an additional 2,325,779 shares during the last quarter. Duquesne Family Office LLC grew its stake in Daktronics by 2.2% in the fourth quarter. Duquesne Family Office LLC now owns 2,625,105 shares of the technology company's stock worth $44,259,000 after purchasing an additional 56,750 shares in the last quarter. Vanguard Group Inc. lifted its holdings in Daktronics by 0.5% during the fourth quarter. Vanguard Group Inc. now owns 2,450,964 shares of the technology company's stock worth $41,323,000 after buying an additional 11,099 shares during the period. Progeny 3 Inc. lifted its holdings in Daktronics by 4.7% during the fourth quarter. Progeny 3 Inc. now owns 2,391,008 shares of the technology company's stock worth $40,312,000 after buying an additional 106,400 shares during the period. Finally, American Century Companies Inc. lifted its holdings in shares of Daktronics by 11.3% during the 4th quarter. American Century Companies Inc. now owns 1,388,284 shares of the technology company's stock valued at $23,406,000 after purchasing an additional 140,482 shares during the last quarter. 61.69% of the stock is currently owned by hedge funds and other institutional investors.

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About Daktronics

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.