News articles about Daktronics (NASDAQ:DAKT) have been trending somewhat negative recently, Accern Sentiment reports. Accern identifies negative and positive news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Daktronics earned a news impact score of -0.08 on Accern’s scale. Accern also assigned media headlines about the technology company an impact score of 46.0237692031725 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Daktronics (NASDAQ DAKT) opened at $9.49 on Monday. Daktronics has a 12 month low of $7.84 and a 12 month high of $10.86. The stock has a market capitalization of $422.06, a PE ratio of 37.96 and a beta of 1.23. The company has a quick ratio of 1.53, a current ratio of 2.04 and a debt-to-equity ratio of 0.07.
Daktronics (NASDAQ:DAKT) last announced its quarterly earnings data on Tuesday, November 21st. The technology company reported $0.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.17 by ($0.01). Daktronics had a return on equity of 5.56% and a net margin of 1.89%. The firm had revenue of $169.30 million during the quarter, compared to analysts’ expectations of $172.55 million. During the same quarter in the previous year, the business earned $0.20 earnings per share. The company’s revenue for the quarter was down .4% compared to the same quarter last year. research analysts anticipate that Daktronics will post 0.36 EPS for the current year.
The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 21st. Stockholders of record on Monday, December 11th were paid a $0.07 dividend. This represents a $0.28 annualized dividend and a dividend yield of 2.95%. The ex-dividend date of this dividend was Friday, December 8th. Daktronics’s payout ratio is 112.00%.
Several brokerages have weighed in on DAKT. Zacks Investment Research raised Daktronics from a “sell” rating to a “hold” rating in a report on Tuesday, January 2nd. TheStreet upgraded Daktronics from a “c+” rating to a “b-” rating in a research note on Wednesday, September 27th. Finally, BidaskClub cut Daktronics from a “sell” rating to a “strong sell” rating in a research note on Wednesday, December 6th.
In other news, insider Carla S. Gatzke sold 2,996 shares of the firm’s stock in a transaction dated Monday, October 23rd. The stock was sold at an average price of $10.27, for a total value of $30,768.92. Following the completion of the transaction, the insider now directly owns 435,063 shares in the company, valued at $4,468,097.01. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Company insiders own 8.20% of the company’s stock.
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Daktronics Company Profile
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.
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