Daktronics (DAKT) Scheduled to Post Earnings on Monday

Daktronics (NASDAQ:DAKT) will be posting its quarterly earnings results before the market opens on Monday, February 19th. Analysts expect Daktronics to post earnings of ($0.02) per share for the quarter.

Daktronics (NASDAQ:DAKT) last issued its quarterly earnings results on Tuesday, November 21st. The technology company reported $0.16 EPS for the quarter, missing the consensus estimate of $0.17 by ($0.01). The business had revenue of $169.30 million for the quarter, compared to analyst estimates of $172.55 million. Daktronics had a return on equity of 5.56% and a net margin of 1.89%. The firm’s quarterly revenue was down .4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.20 EPS. On average, analysts expect Daktronics to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Daktronics (NASDAQ:DAKT) opened at $9.29 on Monday. The firm has a market cap of $413.16, a P/E ratio of 37.16 and a beta of 1.17. Daktronics has a 1-year low of $7.84 and a 1-year high of $10.86. The company has a quick ratio of 1.53, a current ratio of 2.04 and a debt-to-equity ratio of 0.07.

Several research analysts have recently weighed in on the stock. BidaskClub upgraded shares of Daktronics from a “strong sell” rating to a “sell” rating in a report on Monday, February 5th. Sidoti assumed coverage on shares of Daktronics in a report on Wednesday, January 24th. They issued a “neutral” rating and a $10.00 price target for the company. Finally, Zacks Investment Research upgraded shares of Daktronics from a “sell” rating to a “hold” rating in a report on Tuesday, January 2nd. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and one has assigned a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of $10.50.

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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)

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