DAKT - Daktronics Inc Stock Price, Fair Value and News

9.55USD+0.26 (+2.80%)Market Closed

Market Summary

USD9.55+0.26

Market Closed

2.80%

DAKT Alerts

Big jump in Earnings (Y/Y)

DAKT Stock Price

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DAKT RSI Chart

DAKT Valuation

Market Cap

429.1M

Price/Earnings (Trailing)

8.02

Price/Sales (Trailing)

0.53

EV/EBITDA

4.34

Price/Free Cashflow

7.02

DAKT Price/Sales (Trailing)

DAKT Profitability

Operating Margin

26.99%

EBT Margin

7.40%

Return on Equity

22.65%

Return on Assets

10.72%

Free Cashflow Yield

14.24%

DAKT Fundamentals

DAKT Revenue

Revenue (TTM)

812.1M

Rev. Growth (Yr)

-7.93%

Rev. Growth (Qtr)

-14.58%

DAKT Earnings

Earnings (TTM)

53.5M

Earnings Growth (Yr)

189.31%

Earnings Growth (Qtr)

396.17%

Breaking Down DAKT Revenue

Last 7 days

2.5%

Last 30 days

-1.1%

Last 90 days

18.0%

Trailing 12 Months

71.7%

How does DAKT drawdown profile look like?

DAKT Financial Health

Current Ratio

2.21

DAKT Investor Care

Dividend Yield

1.2%

Dividend/Share (TTM)

0.1

Shares Dilution (1Y)

1.59%

Diluted EPS (TTM)

1.03

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	812.1M	0	0	0
2023	706.5M	754.2M	814.8M	826.7M
2022	565.6M	611.0M	638.2M	661.1M
2021	491.3M	482.0M	483.1M	520.2M
2020	610.6M	608.9M	572.3M	524.8M
2019	580.1M	569.7M	595.8M	598.0M
2018	616.0M	610.5M	592.0M	595.4M
2017	581.3M	586.5M	602.1M	601.4M
2016	589.8M	570.2M	577.1M	589.4M
2015	594.1M	615.9M	599.5M	584.1M
2014	540.2M	552.0M	579.9M	591.3M
2013	505.8M	518.3M	524.1M	535.9M
2012	491.9M	489.5M	503.7M	517.7M
2011	429.6M	441.7M	459.9M	468.9M
2010	0	393.2M	405.3M	417.4M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Daktronics Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Sep 13, 2023	kurtenbach matthew john	acquired	51,770	4.22612	12,250	vp of manufacturing
Sep 13, 2023	kurtenbach matthew john	sold	-113,578	9.2717	-12,250	vp of manufacturing
Sep 11, 2023	atkins howard i	acquired	-	-	6,319	-
Sep 11, 2023	mcdermott kevin patrick	acquired	-	-	6,319	-
Sep 11, 2023	bultena lance dean	acquired	-	-	6,319	-
Sep 11, 2023	friel john patrick	acquired	-	-	6,319	-
Sep 11, 2023	williams shereta diana	acquired	-	-	6,319	-
Sep 11, 2023	siegel andrew david	acquired	-	-	6,319	-
Sep 11, 2023	griffiths jose-marie	acquired	-	-	6,319	-
Aug 23, 2023	gatzke carla s	sold (taxes)	-1,918	8.2	-234	secretary and vp of human reso

Which funds bought or sold DAKT recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 23, 2024	Gradient Investments LLC	sold off	-100	-8.00	-	-%
Apr 23, 2024	AMALGAMATED BANK	reduced	-61.36	-16,000	13,000	-%
Apr 23, 2024	GODSEY & GIBB, INC	new	-	8,865	8,865	-%
Apr 22, 2024	MetLife Investment Management, LLC	unchanged	-	-9,119	175,748	-%
Apr 19, 2024	Kovack Advisors, Inc.	added	22.77	1,199,980	3,915,280	0.47%
Apr 18, 2024	Hexagon Capital Partners LLC	new	-	15,936	15,936	-%
Apr 18, 2024	Allspring Global Investments Holdings, LLC	added	145	525,800	805,216	-%
Apr 18, 2024	FARMERS & MERCHANTS INVESTMENTS INC	unchanged	-	5,054	34,013	-%
Apr 17, 2024	First Bank & Trust	added	29.49	3,401,760	9,932,270	2.05%
Apr 15, 2024	WEST PACES ADVISORS INC.	unchanged	-	123	827	-%

Are Funds Buying or Selling DAKT?

Are funds buying DAKT calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own DAKT

No. of Funds

DAKT Alerts

Big jump in Earnings (Y/Y)

Unveiling Daktronics Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 09, 2024	dimensional fund advisors lp	5.3%	2,451,404	SC 13G/A
Jan 29, 2024	blackrock inc.	6.3%	2,888,718	SC 13G
Jun 09, 2023	alta fox opportunities fund, lp	4.99%	2,292,736	SC 13D/A
May 15, 2023	alta fox opportunities fund, lp	9.99%	4,767,551	SC 13D/A
Mar 21, 2023	alta fox opportunities fund, lp	6.0%	2,744,283	SC 13D/A
Feb 10, 2023	dimensional fund advisors lp	5.4%	2,472,089	SC 13G/A
Jan 26, 2023	alta fox opportunities fund, lp	5.9%	2,663,513	SC 13D
Jul 08, 2022	blackrock inc.	2.9%	1,297,815	SC 13G
Feb 09, 2022	vanguard group inc	3.98%	1,810,952	SC 13G/A
Feb 08, 2022	dimensional fund advisors lp	5.2%	2,356,797	SC 13G/A

Recent SEC filings of Daktronics Inc

View All Filings

Date Filed	Form Type	Document
Feb 28, 2024	8-K	Current Report
Feb 28, 2024	10-Q	Quarterly Report
Feb 09, 2024	SC 13G/A	Major Ownership Report
Jan 29, 2024	SC 13G	Major Ownership Report

Peers (Alternatives to Daktronics Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
AAPL	2.6T	385.7B	-3.17%	0.90%	25.86	6.77	-0.47%	6.03%
APH	68.6B	12.6B	-0.10%	48.44%	35.56	5.46	-0.54%	1.35%
FTV	28.3B	6.1B	-5.94%	20.49%	32.7	4.67	4.11%	14.65%
GLW	26.9B	12.6B	-3.19%	-6.33%	44.89	2.14	-11.28%	-55.18%
FLEX	12.0B	29.4B	-0.70%	38.16%	15.96	0.41	-1.12%	-8.06%
MID-CAP
CGNX	6.8B	837.5M	-5.57%	-18.88%	59.93	8.1	-16.75%	-47.46%
ARW	6.7B	33.1B	2.25%	10.64%	7.43	0.2	-10.82%	-36.63%
BMI	5.5B	740.8M	16.42%	38.91%	53.55	7.4	25.07%	42.99%
AVT	4.4B	25.6B	1.36%	18.06%	6.54	0.17	-2.73%	-21.96%
ESE	2.7B	968.8M	1.52%	7.15%	29.03	2.79	9.35%	8.73%
SMALL-CAP
CNXN	1.7B	2.9B	0.12%	58.79%	20.59	0.6	-8.78%	-6.67%
BHE	1.1B	2.8B	5.38%	41.42%	16.99	0.38	-1.64%	-5.74%
GPRO	271.4M	1.0B	-23.28%	-59.91%	-5.1	0.27	-8.05%	-284.36%
AEY	33.5M	56.7M	-20.00%	54.48%	-3.8	0.59	-41.04%	-726.48%
CPSH	25.7M	27.6M	-5.85%	-35.16%	18.75	0.93	3.62%	-35.71%

Daktronics Inc News

Latest updates

Daktronics Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-14.6%	170,303	199,369	232,531	209,862	184,975	187,439	171,920	162,203	139,558	164,477	144,732	116,883	94,139	127,367	143,644	126,108	127,657	174,911	180,256	127,755	115,069
Cost Of Revenue	-11.4%	128,585	145,170	161,384	157,718	143,262	155,735	146,126	132,266	117,250	132,213	112,544	89,316	70,198	94,053	107,883	97,482	103,175	134,824	134,751	103,334	90,200
Gross Profit	-23.0%	41,718	54,199	71,147	52,144	41,713	31,704	25,794	29,937	22,308	32,264	32,188	27,567	23,941	33,314	35,761	28,626	24,482	40,087	45,505	24,421	24,869
Operating Expenses	-3.1%	33,682	34,763	30,931	33,881	34,595	30,178	31,313	30,256	27,988	27,879	26,528	26,431	24,177	26,655	26,212	32,080	33,634	35,263	37,890	34,686	32,391
S&GA Expenses	-2.7%	14,258	14,653	12,929	14,789	12,908	14,525	14,433	14,063	12,735	12,482	11,795	12,435	12,004	12,654	11,556	14,876	16,552	16,177	18,297	16,608	15,537
R&D Expenses	-4.2%	8,835	9,221	8,403	8,334	7,250	6,966	7,439	7,730	6,925	7,196	7,162	6,793	5,784	6,737	7,532	8,709	8,442	10,121	10,500	8,946	8,280
EBITDA Margin	13.7%	0.10*	0.09*	0.08*	0.04*	0.02*	0.01*	0.01*	0.03*	0.03*	0.05*	0.06*	0.07*	-	-	-	-	-	-	-	-	-
Interest Expenses	0.2%	932	930	97.00	-	423	262	75.00	-	-	-	-	-	75.00	84.00	43.00	78.00	-13.00	31.00	35.00	74.00	45.00
Income Taxes	-52.7%	1,889	3,992	8,900	-8,211	1,627	14,039	-1,000	339	-2,067	1,000	1,244	254	-975	2,388	1,467	-2,176	3,497	-2,833	1,012	134	-4,123
Earnings Before Taxes	105.1%	12,631	6,157	28,096	13,188	5,340	1,055	-6,326	-778	-6,417	3,374	4,929	511	-1,189	5,804	8,934	-3,255	-9,237	4,441	8,042	-10,685	-7,442
EBT Margin	15.9%	0.07*	0.06*	0.06*	0.02*	0.00*	-0.02*	-0.02*	0.00*	0.00*	0.01*	0.02*	0.03*	-	-	-	-	-	-	-	-	-
Net Income	396.2%	10,742	2,165	19,196	21,399	3,713	-12,984	-5,326	-1,117	-4,350	2,374	3,685	257	-214	3,416	7,467	-1,079	-12,734	7,274	7,030	-10,819	-3,319
Net Income Margin	17.2%	0.07*	0.06*	0.04*	0.01*	-0.02*	-0.04*	-0.01*	0.00*	0.00*	0.01*	0.01*	0.02*	-	-	-	-	-	-	-	-	-
Free Cashflow	-75.1%	5,076	20,382	14,703	20,935	6,879	-4,705	-33,470	-11,923	-22,447	-10,739	-2,302	17,035	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-2.3%	499	511	508	468	454	464	473	441	415	418	396	375	368	374	380	373	359	378	382	349	359
Current Assets	-2.8%	376	386	387	343	342	346	343	318	300	305	291	8.00	258	259	262	11.00	253	271	274	0.00	265
Cash Equivalents	18.6%	77.00	65.00	46.00	24.00	10.00	6.00	8.00	18.00	31.00	60.00	75.00	78.00	77.00	70.00	45.00	40.00	40.00	29.00	21.00	36.00	33.00
Inventory	-1.0%	140	142	145	149	165	168	157	134	111	95.00	85.00	74.00	72.00	71.00	81.00	87.00	80.00	79.00	85.00	79.00	72.00
Net PPE	-0.3%	72.00	73.00	72.00	72.00	74.00	74.00	72.00	67.00	58.00	56.00	56.00	59.00	62.00	64.00	66.00	67.00	66.00	67.00	67.00	65.00	66.00
Goodwill	2.0%	3.00	3.00	3.00	3.00	3.00	8.00	8.00	8.00	8.00	8.00	8.00	8.00	8.00	8.00	8.00	8.00	8.00	8.00	8.00	8.00	8.00
Current Liabilities	-10.4%	170	190	204	210	212	227	225	214	186	180	163	3.00	125	130	144	3.00	140	144	154	1.00	129
LT Debt, Current	0%	2.00	2.00	2.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Shareholder's Equity	5.8%	236	223	221	201	179	173	187	192	194	201	198	194	193	190	186	177	183	198	192	188	201
Retained Earnings	8.6%	136	125	123	103	82.00	78.00	91.00	97.00	98.00	102	100	96.00	96.00	96.00	93.00	85.00	88.00	103	98.00	94.00	108
Additional Paid-In Capital	1.0%	52.00	51.00	51.00	50.00	50.00	49.00	49.00	48.00	48.00	47.00	47.00	47.00	46.00	46.00	45.00	45.00	44.00	44.00	43.00	43.00	42.00
Accumulated Depreciation	-	-	-	-	193	-	-	-	186	-	-	-	175	-	-	188	184	180	177	176	176	177
Shares Outstanding	0.3%	46.00	46.00	46.00	45.00	45.00	45.00	45.00	45.00	45.00	45.00	45.00	45.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	-	-	160	-	-	-	259	-	-	-	180	-	-	-	310	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-62.2%	9,478	25,061	19,250	24,511	12,451	877	-22,815	-1,571	-16,930	-7,515	-1,019	17,991	8,246	31,430	8,545	4,618	16,462	7,946	-18,218	-2,641	9,630
Share Based Compensation	-5.1%	507	534	557	540	502	474	511	470	491	494	518	504	516	508	539	531	550	541	643	612	604
Cashflow From Investing	21.8%	-4,982	-6,367	-5,706	-4,441	-5,755	-4,820	-10,372	-11,458	-10,050	-8,024	-1,852	-3,410	-720	-2,530	-3,561	-14,305	-2,226	3,988	8,272	8,084	-9,996
Cashflow From Financing	47.4%	-230	-437	16,356	-5,930	-2,780	2,150	24,128	-185	-2,995	-196	-200	-15,029	-211	-135	-210	9,446	-3,112	-3,654	-4,658	-3,161	-1,899
Dividend Payments	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,238	2,256	2,250	2,250	3,151	3,151
Buy Backs	-	-	-	-	-	-	-	-	184	-	-	-	-	-	-	-	3,307	647	495	1,187	-	-

DAKT Income Statement

2024-01-27

Condensed Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Jan. 27, 2024	Jan. 28, 2023	Jan. 27, 2024	Jan. 28, 2023
Income Statement [Abstract]
Net sales	$ 170,303	$ 184,975	$ 602,203	$ 544,334
Cost of sales	128,585	143,262	435,139	445,123
Gross profit	41,718	41,713	167,064	99,211
Operating expenses:
Selling	14,258	12,908	41,840	41,866
General and administrative	10,589	9,861	31,077	27,989
Product design and development	8,835	7,250	26,459	21,655
Operating expenses	33,682	34,595	99,376	96,086
Operating income	8,036	7,118	67,688	3,125
Nonoperating (expense) income:
Interest (expense) income, net	(745)	(398)	(2,952)	(721)
Change in fair value of convertible note	6,340	0	(11,570)	0
Other expense and debt issuance costs write-off, net	(1,000)	(1,380)	(6,282)	(2,335)
Income before income taxes	12,631	5,340	46,884	69
Income tax expense	1,889	1,627	14,781	14,666
Net income (loss)	$ 10,742	$ 3,713	$ 32,103	$ (14,597)
Weighted average shares outstanding:
Basic (in shares)	46,173	45,387	45,975	45,320
Diluted (in shares)	50,837	45,448	46,608	45,320
Earnings (loss) per share:
Basic (in usd per share)	$ 0.23	$ 0.08	$ 0.70	$ (0.32)
Diluted (in usd per share)	$ 0.09	$ 0.08	$ 0.69	$ (0.32)

DAKT Balance Sheet

2024-01-27

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jan. 27, 2024	Apr. 29, 2023
CURRENT ASSETS:
Cash and cash equivalents	$ 76,764	$ 23,982
Restricted cash	429	708
Marketable securities	0	534
Accounts receivable, net	100,601	109,979
Inventories	140,251	149,448
Contract assets	47,857	46,789
Current maturities of long-term receivables	271	1,215
Prepaid expenses and other current assets	7,853	9,676
Income tax receivables	1,504	326
Total current assets	375,530	342,657
Property and equipment, net	72,406	72,147
Long-term receivables, less current maturities	95	264
Goodwill	3,263	3,239
Intangibles, net	923	1,136
Debt issuance costs, net	2,840	3,866
Investment in affiliates and other assets	27,314	27,928
Deferred income taxes	16,835	16,867
TOTAL ASSETS	499,206	468,104
CURRENT LIABILITIES:
Current portion of long-term debt	1,500	0
Accounts payable	49,489	67,522
Contract liabilities	68,936	91,549
Accrued expenses	36,824	36,005
Warranty obligations	12,884	12,228
Income taxes payable	628	2,859
Total current liabilities	170,261	210,163
Long-term warranty obligations	21,806	20,313
Long-term contract liabilities	16,347	13,096
Other long-term obligations	5,882	5,709
Long-term debt, net	48,466	17,750
Deferred income taxes	198	195
Total long-term liabilities	92,699	57,063
SHAREHOLDERS' EQUITY:
Preferred Shares, no par value, authorized 50,000 shares; no shares issued and outstanding	0	0
Common Stock, no par value, authorized 115,000,000 shares; 46,189,311 and 45,488,595 shares issued at January 27, 2024 and April 29, 2023, respectively	65,371	63,023
Additional paid-in capital	51,554	50,259
Retained earnings	135,513	103,410
Treasury Stock, at cost, 1,907,445 shares at January 27, 2024 and April 29, 2023, respectively	(10,285)	(10,285)
Accumulated other comprehensive loss	(5,907)	(5,529)
TOTAL SHAREHOLDERS' EQUITY	236,246	200,878
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 499,206	$ 468,104

About Daktronics Inc

Daktronics, Inc. designs, manufactures, and markets electronic display systems and related products for sporting, commercial, and transportation applications in the United States and internationally. It operates through Commercial, Live Events, High School Park and Recreation, Transportation, and International segments. The company also offers video display and walls; scoreboards and timing systems; message displays; intelligent transportation systems dynamic message signs; mass transit display; sound systems; and digital billboards, street furniture, and digit and price displays. In addition, it provides indoor dynamic messaging systems and liquid crystal display signs; and software and controllers, which includes Venus, a control suite software to control the creation of messages and graphic sequences for uploading to displays. The company sells its products through direct sales and resellers. Daktronics, Inc. was founded in 1968 and is headquartered in Brookings, South Dakota.

CEO	Mr. Reece A. Kurtenbach
WEBSITE	daktronics.com
INDUSTRY	Consumer Electronics
EMPLOYEES	2441

Daktronics Inc Frequently Asked Questions

What is the ticker symbol for Daktronics Inc? What does DAKT stand for in stocks?

DAKT is the stock ticker symbol of Daktronics Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Daktronics Inc (DAKT)?

As of Tue Apr 23 2024, market cap of Daktronics Inc is 429.1 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of DAKT stock?

You can check DAKT's fair value in chart for subscribers.

What is the fair value of DAKT stock?

You can check DAKT's fair value in chart for subscribers. The fair value of Daktronics Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Daktronics Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for DAKT so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Daktronics Inc a good stock to buy?

The fair value guage provides a quick view whether DAKT is over valued or under valued. Whether Daktronics Inc is cheap or expensive depends on the assumptions which impact Daktronics Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for DAKT.

What is Daktronics Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue Apr 23 2024, DAKT's PE ratio (Price to Earnings) is 8.02 and Price to Sales (PS) ratio is 0.53. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. DAKT PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Daktronics Inc's stock?

In the past 10 years, Daktronics Inc has provided -0.013 (multiply by 100 for percentage) rate of return.