On Monday, Daktronics Inc (NASDAQ: DAKT) was -6.31% drop from the session before settling in for the closing price of $19.50. A 52-week range for DAKT has been $7.20 – $19.89.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Technology Sector giant saw their annual sales surged by 8.94% over the last five years. When this article was written, the company’s average yearly earnings per share was at -20.95%. With a float of $41.70 million, this company’s outstanding shares have now reached $46.90 million.
The firm has a total of 2831 workers. Let’s measure their productivity. In terms of profitability, gross margin is 25.91%, operating margin of 6.08%, and the pretax margin is 5.51%.
Daktronics Inc (DAKT) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Daktronics Inc stocks. The insider ownership of Daktronics Inc is 11.24%, while institutional ownership is 69.69%. 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) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.24 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -20.95% per share during the next fiscal year.
Daktronics Inc (NASDAQ: DAKT) Trading Performance Indicators
You can see what Daktronics Inc (DAKT) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.67. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.05. Likewise, its price to free cash flow for the trailing twelve months is 13.51.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.38, a number that is poised to hit 0.07 in the next quarter and is forecasted to reach 1.08 in one year’s time.
Technical Analysis of Daktronics Inc (DAKT)
Analysing the last 5-days average volume posted by the [Daktronics Inc, DAKT], we can find that recorded value of 1.1 million was better than the volume posted last year of 0.51 million. As of the previous 9 days, the stock’s Stochastic %D was 83.48%. Additionally, its Average True Range was 0.86.
During the past 100 days, Daktronics Inc’s (DAKT) raw stochastic average was set at 80.60%, which indicates a significant increase from 73.87% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 74.01% in the past 14 days, which was higher than the 48.21% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $14.36, while its 200-day Moving Average is $12.40. Now, the first resistance to watch is $19.26. This is followed by the second major resistance level at $20.26. The third major resistance level sits at $20.96. If the price goes on to break the first support level at $17.56, it is likely to go to the next support level at $16.86. Should the price break the second support level, the third support level stands at $15.86.
Daktronics Inc (NASDAQ: DAKT) Key Stats
There are 46,986K outstanding shares of the company, which has a market capitalization of 858.44 million. As of now, sales total 818,080 K while income totals 34,620 K. Its latest quarter income was 226,090 K while its last quarter net income were -4,950 K.
