News articles about Daktronics (NASDAQ:DAKT) have been trending somewhat positive on Wednesday, Accern Sentiment reports. Accern rates the sentiment of media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Daktronics earned a coverage optimism score of 0.10 on Accern’s scale. Accern also assigned headlines about the technology company an impact score of 46.8273981355565 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Daktronics (NASDAQ DAKT) opened at $9.19 on Wednesday. The company has a market capitalization of $413.17, a PE ratio of 39.96 and a beta of 1.16. The company has a quick ratio of 1.60, a current ratio of 2.18 and a debt-to-equity ratio of 0.08. Daktronics has a twelve month low of $8.58 and a twelve month high of $10.86.
Daktronics (NASDAQ:DAKT) last released its quarterly earnings data on Tuesday, February 20th. The technology company reported ($0.14) EPS for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.11). The firm had revenue of $130.32 million during the quarter, compared to analysts’ expectations of $123.84 million. Daktronics had a return on equity of 7.11% and a net margin of 1.67%. The business’s revenue for the quarter was up 12.6% compared to the same quarter last year. During the same quarter last year, the business earned ($0.12) earnings per share.
A number of brokerages have issued reports on DAKT. Sidoti began coverage on Daktronics in a research note on Wednesday, January 24th. They issued a “neutral” rating and a $10.00 price target on the stock. Zacks Investment Research raised Daktronics from a “sell” rating to a “hold” rating in a research note on Tuesday, January 23rd. BidaskClub lowered Daktronics from a “sell” rating to a “strong sell” rating in a research note on Wednesday, December 6th. ValuEngine upgraded Daktronics from a “sell” rating to a “hold” rating in a report on Wednesday, March 7th. Finally, TheStreet downgraded Daktronics from a “b-” rating to a “c+” rating in a report on Wednesday, February 21st. One equities research analyst has rated the stock with a sell rating and three have issued a hold rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $10.50.
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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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