Daktronics Inc (NASDAQ: DAKT) kicked off on Tuesday, up 2.13% from the previous trading day, before settling in for the closing price of $15.99. Over the past 52 weeks, DAKT has traded in a range of $7.20-$16.05.
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Annual sales at Technology sector company grew by 8.94% over the past five years. While this was happening, its average annual earnings per share was recorded -41.22%. With a float of $41.40 million, this company’s outstanding shares have now reached $46.62 million.
Let’s look at the performance matrix of the company that is accounted for 2831 employees. In terms of profitability, gross margin is 26.0%, operating margin of 6.6%, and the pretax margin is 3.22%.
Daktronics Inc (DAKT) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Electronic Components Industry. The insider ownership of Daktronics Inc is 11.24%, while institutional ownership is 67.66%. The most recent insider transaction that took place on Oct 03 ’24, was worth 204,486. In this transaction VP of Manufacturing of this company sold 15,400 shares at a rate of $13.28, taking the stock ownership to the 2,500 shares. Before that another transaction happened on Sep 27 ’24, when Company’s Exec Vice President sold 25,000 for $12.89, making the entire transaction worth $322,250. This insider now owns 85,446 shares in total.
Daktronics Inc (DAKT) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.17 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -41.22% per share during the next fiscal year.
Daktronics Inc (NASDAQ: DAKT) Trading Performance Indicators
Take a look at Daktronics Inc’s (DAKT) current performance indicators. Last quarter, stock had a quick ratio of 1.48. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.94. Likewise, its price to free cash flow for the trailing twelve months is 16.57.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.20, a number that is poised to hit 0.17 in the next quarter and is forecasted to reach 1.17 in one year’s time.
Technical Analysis of Daktronics Inc (DAKT)
Daktronics Inc (NASDAQ: DAKT) saw its 5-day average volume 0.45 million, a negative change from its year-to-date volume of 0.5 million. As of the previous 9 days, the stock’s Stochastic %D was 91.72%. Additionally, its Average True Range was 0.55.
During the past 100 days, Daktronics Inc’s (DAKT) raw stochastic average was set at 96.77%, which indicates a significant increase from 94.29% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 37.20% in the past 14 days, which was lower than the 42.59% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $13.85, while its 200-day Moving Average is $12.18. Nevertheless, the first resistance level for the watch stands at $16.54 in the near term. At $16.75, the stock is likely to face the second major resistance level. The third major resistance level sits at $17.01. If the price goes on to break the first support level at $16.07, it is likely to go to the next support level at $15.81. Assuming the price breaks the second support level, the third support level stands at $15.60.
Daktronics Inc (NASDAQ: DAKT) Key Stats
The company with the Market Capitalisation of 761.78 million has total of 46,342K Shares Outstanding. Its annual sales at the moment are 818,080 K in contrast with the sum of 34,620 K annual income. Company’s last quarter sales were recorded 226,090 K and last quarter income was -4,950 K.
