Daktronics, Inc. (NASDAQ:DAKT) will be issuing its quarterly earnings data before the market opens on Monday, August 21st. Analysts expect the company to announce earnings of $0.14 per share for the quarter.

Daktronics (NASDAQ:DAKT) last issued its quarterly earnings data on Wednesday, May 31st. The technology company reported $0.02 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.06 by $0.04. The company had revenue of $143.70 million for the quarter, compared to analysts’ expectations of $141.50 million. Daktronics had a net margin of 1.76% and a return on equity of 5.14%. The firm’s revenue for the quarter was up 3.8% compared to the same quarter last year. During the same period in the previous year, the firm posted ($0.07) earnings per share. On average, analysts expect Daktronics to post $0.36 EPS for the current fiscal year and $0.42 EPS for the next fiscal year.

Daktronics, Inc. (NASDAQ DAKT) opened at 9.40 on Monday. The stock has a market capitalization of $415.32 million, a P/E ratio of 40.87 and a beta of 1.30. Daktronics, Inc. has a 12 month low of $6.75 and a 12 month high of $11.12. The firm’s 50-day moving average is $9.63 and its 200-day moving average is $9.55.

WARNING: This story was originally posted by American Banking News and is the property of of American Banking News. If you are viewing this story on another domain, it was illegally stolen and republished in violation of United States and international trademark & copyright law. The correct version of this story can be viewed at https://www.americanbankingnews.com/2017/08/14/daktronics-inc-nasdaqdakt-scheduled-to-post-quarterly-earnings-on-monday.html.

In other news, Director John L. Mulligan sold 37,307 shares of Daktronics stock in a transaction on Monday, September 18th. The stock was sold at an average price of $13.20, for a total transaction of $492,452.40. Following the completion of the sale, the director now directly owns 67,182 shares in the company, valued at $886,802.40. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Nancy D. Frame sold 3,525 shares of Daktronics stock in a transaction on Friday, June 9th. The stock was sold at an average price of $9.84, for a total value of $34,686.00. Following the sale, the director now owns 58,881 shares of the company’s stock, valued at $579,389.04. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 67,661 shares of company stock valued at $791,626. Corporate insiders own 8.20% of the company’s stock.

DAKT has been the subject of several research analyst reports. Zacks Investment Research upgraded Daktronics from a “sell” rating to a “hold” rating in a research report on Tuesday, May 16th. BidaskClub upgraded Daktronics from a “sell” rating to a “hold” rating in a research report on Thursday, August 3rd. One investment analyst has rated the stock with a sell rating, one has given a hold rating and two have issued a buy rating to the stock. Daktronics has a consensus rating of “Hold” and an average target price of $12.17.

About Daktronics

Daktronics, Inc is a supplier of electronic scoreboards, electronic display systems, digital messaging solutions, software and services for sporting, commercial and transportation applications. The Company operates through five segments: Commercial, Live Events, High School Park and Recreation, Transportation, and International.

Earnings History for Daktronics (NASDAQ:DAKT)

Receive News & Ratings for Daktronics Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Daktronics Inc. and related companies with MarketBeat.com's FREE daily email newsletter.