Share on StockTwits
 

Daktronics (NASDAQ:DAKT) issued its quarterly earnings data on Tuesday. The company reported $0.07 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.08 by $0.01, Analyst Ratings Network reports. The company had revenue of $115.40 million for the quarter, compared to the consensus estimate of $120.00 million.

Daktronics (NASDAQ:DAKT) opened at 14.28 on Tuesday. Daktronics has a 1-year low of $9.44 and a 1-year high of $16.09. The stock’s 50-day moving average is $14.61 and its 200-day moving average is $12.83. The company has a market cap of $613.1 million and a P/E ratio of 27.80.

Several analysts have recently commented on the stock. Analysts at Zacks upgraded shares of Daktronics from a “neutral” rating to an “outperform” rating in a research note on Wednesday, January 15th. They now have a $16.20 price target on the stock. On the ratings front, analysts at Thomson Reuters/Verus downgraded shares of Daktronics from a “buy” rating to a “hold” rating in a research note on Monday, December 9th. Finally, analysts at Thomson Reuters/Verus downgraded shares of Daktronics from a “buy” rating to a “hold” rating in a research note on Monday, November 25th. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Daktronics has an average rating of “Buy” and a consensus target price of $16.10.

Daktronics, Inc is a supplier of electronic scoreboards, large electronic display systems and related marketing services, digital messaging solutions, software and services for sporting, commercial and transportation applications.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.