Is Daktronics Stock a Good Investment?
Daktronics Investment Advice | DAKT |
- Examine Daktronics' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Daktronics' leadership team and their track record. Good management can help Daktronics navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Electronic Equipment, Instruments & Components space and any emerging trends that could impact Daktronics' business and its evolving consumer preferences.
- Compare Daktronics' performance and market position to its competitors. Analyze how Daktronics is positioned in terms of product offerings, innovation, and market share.
- Check if Daktronics pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Daktronics' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Daktronics stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Daktronics is a good investment.
Sell | Buy |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Somewhat reliable | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Sell | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Examine Daktronics Stock
Researching Daktronics' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 13.0% of the company shares are held by company insiders. The book value of Daktronics was currently reported as 5.11. The company has Price/Earnings To Growth (PEG) ratio of 0.48. Daktronics last dividend was issued on the 6th of March 2020. The entity had 2:1 split on the 23rd of June 2006.
To determine if Daktronics is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Daktronics' research are outlined below:
| Daktronics generated a negative expected return over the last 90 days | |
| Daktronics has a poor financial position based on the latest SEC disclosures | |
| About 70.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from gurufocus.com: Daktronics, Inc. to Release Second Quarter Fiscal 2025 Financial Results |
Daktronics Quarterly Accounts Payable |
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Daktronics uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Daktronics. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Daktronics' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 13th of March 2024 Upcoming Quarterly Report | View | |
| 31st of January 2024 Next Fiscal Quarter End | View |
Earnings surprises can significantly impact Daktronics' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Daktronics' investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2014-02-18 | 2014-01-31 | 0.08 | 0.07 | -0.01 | 12 | ||
2013-02-19 | 2013-01-31 | 0.07 | 0.06 | -0.01 | 14 | ||
2011-02-22 | 2011-01-31 | 0.03 | 0.04 | 0.01 | 33 | ||
2005-02-16 | 2005-01-31 | 0.05 | 0.06 | 0.01 | 20 | ||
2004-02-18 | 2004-01-31 | 0.06 | 0.07 | 0.01 | 16 | ||
2002-08-21 | 2002-07-31 | 0.07 | 0.08 | 0.01 | 14 | ||
2001-11-14 | 2001-10-31 | 0.04 | 0.05 | 0.01 | 25 | ||
2000-11-15 | 2000-10-31 | 0.08 | 0.09 | 0.01 | 12 |
Know Daktronics' Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Daktronics is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Daktronics backward and forwards among themselves. Daktronics' institutional investor refers to the entity that pools money to purchase Daktronics' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Alta Fox Capital Management, Llc | 2024-09-30 | 748.6 K | Amvescap Plc. | 2024-06-30 | 736.9 K | Jpmorgan Chase & Co | 2024-06-30 | 610.2 K | Arrowstreet Capital Limited Partnership | 2024-06-30 | 579.5 K | D. E. Shaw & Co Lp | 2024-09-30 | 535.9 K | Renaissance Technologies Corp | 2024-09-30 | 519.9 K | Charles Schwab Investment Management Inc | 2024-09-30 | 451.9 K | Bridgeway Capital Management, Llc | 2024-09-30 | 437.2 K | J. Goldman & Co Lp | 2024-09-30 | 395.3 K | Blackrock Inc | 2024-06-30 | 2.9 M | Duquesne Family Office Llc | 2024-09-30 | 2.6 M |
Daktronics' market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 690.4 M.Market Cap |
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Daktronics' profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Capital Employed | 0.26 | 0.02 |
Determining Daktronics' profitability involves analyzing its financial statements and using various financial metrics to determine if Daktronics is a good buy. For example, gross profit margin measures Daktronics' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Daktronics' profitability and make more informed investment decisions.
Daktronics' Earnings Breakdown by Geography
Please note, the imprecision that can be found in Daktronics' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Daktronics. Check Daktronics' Beneish M Score to see the likelihood of Daktronics' management manipulating its earnings.
Evaluate Daktronics' management efficiency
Daktronics has return on total asset (ROA) of 0.0819 % which means that it generated a profit of $0.0819 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0456 %, meaning that it created $0.0456 on every $100 dollars invested by stockholders. Daktronics' management efficiency ratios could be used to measure how well Daktronics manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to 0 in 2024. Return On Capital Employed is likely to drop to 0.02 in 2024. At this time, Daktronics' Total Current Liabilities is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 554.3 M in 2024, whereas Non Current Liabilities Other is likely to drop slightly above 23.8 M in 2024.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 5.20 | 4.24 | |
| Tangible Book Value Per Share | 5.11 | 4.03 | |
| Enterprise Value Over EBITDA | 3.83 | 7.02 | |
| Price Book Value Ratio | 1.79 | 0.79 | |
| Enterprise Value Multiple | 3.83 | 7.02 | |
| Price Fair Value | 1.79 | 0.79 | |
| Enterprise Value | 401.8 M | 355 M |
Understanding the management dynamics of Daktronics allows us to gauge its ability to sustain growth and profitability. This comprehensive analysis aids in determining the stock's value.
Beta 1.149 |
Basic technical analysis of Daktronics Stock
As of the 25th of November, Daktronics shows the Mean Deviation of 1.9, coefficient of variation of 29622.02, and Downside Deviation of 2.83. Daktronics technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices.Daktronics' insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Daktronics insiders, such as employees or executives, is commonly permitted as long as it does not rely on Daktronics' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Daktronics insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Daktronics' Outstanding Corporate Bonds
Daktronics issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Daktronics uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Daktronics bonds can be classified according to their maturity, which is the date when Daktronics has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Dana 575 percent Corp BondUS235822AB96 | View | |
| Volcan Compania Minera Corp BondUSP98047AC08 | View | |
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| MPLX LP 4875 Corp BondUS55336VAG59 | View | |
| MPLX LP 4125 Corp BondUS55336VAK61 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| International Game Technology Corp BondUS460599AD57 | View |
Understand Daktronics' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Daktronics' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0097 | |||
| Market Risk Adjusted Performance | 0.0093 | |||
| Mean Deviation | 1.9 | |||
| Semi Deviation | 2.74 | |||
| Downside Deviation | 2.83 | |||
| Coefficient Of Variation | 29622.02 | |||
| Standard Deviation | 2.62 | |||
| Variance | 6.87 | |||
| Information Ratio | (0.05) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.41) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | (0.0007) | |||
| Maximum Drawdown | 13.8 | |||
| Value At Risk | (4.61) | |||
| Potential Upside | 3.77 | |||
| Downside Variance | 8.0 | |||
| Semi Variance | 7.49 | |||
| Expected Short fall | (1.90) | |||
| Skewness | (0.40) | |||
| Kurtosis | 2.2 |
| Risk Adjusted Performance | 0.0097 | |||
| Market Risk Adjusted Performance | 0.0093 | |||
| Mean Deviation | 1.9 | |||
| Semi Deviation | 2.74 | |||
| Downside Deviation | 2.83 | |||
| Coefficient Of Variation | 29622.02 | |||
| Standard Deviation | 2.62 | |||
| Variance | 6.87 | |||
| Information Ratio | (0.05) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.41) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | (0.0007) | |||
| Maximum Drawdown | 13.8 | |||
| Value At Risk | (4.61) | |||
| Potential Upside | 3.77 | |||
| Downside Variance | 8.0 | |||
| Semi Variance | 7.49 | |||
| Expected Short fall | (1.90) | |||
| Skewness | (0.40) | |||
| Kurtosis | 2.2 |
Consider Daktronics' intraday indicators
Daktronics intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Daktronics stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Daktronics Corporate Filings
8K | 20th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
13A | 12th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
F4 | 7th of October 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
| 19th of September 2024 Other Reports | ViewVerify |
Daktronics Stock media impact
Far too much social signal, news, headlines, and media speculation about Daktronics that are available to investors today. That information is available publicly through Daktronics media outlets and privately through word of mouth or via Daktronics internal channels. However, regardless of the origin, that massive amount of Daktronics data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Daktronics news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Daktronics relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Daktronics' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Daktronics alpha.
Daktronics Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Daktronics can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Daktronics Corporate Executives
Elected by the shareholders, the Daktronics' board of directors comprises two types of representatives: Daktronics inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Daktronics. The board's role is to monitor Daktronics' management team and ensure that shareholders' interests are well served. Daktronics' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Daktronics' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Sheila CPA | Treasurer CFO | Profile | |
| Sheila Anderson | CFO and Treasurer | Profile |
Additional Tools for Daktronics Stock Analysis
When running Daktronics' price analysis, check to measure Daktronics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Daktronics is operating at the current time. Most of Daktronics' value examination focuses on studying past and present price action to predict the probability of Daktronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Daktronics' price. Additionally, you may evaluate how the addition of Daktronics to your portfolios can decrease your overall portfolio volatility.