Daktronics Inc's fundamentals are relatively very healthy, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 28 out of 57 in the Electronic Equipment & Parts industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 33.00.In the medium term, the stock price is expected to trend down.Despite an average stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of Daktronics Inc is 7.23, ranking 32 out of 57 in the Electronic Equipment & Parts industry. Its financial status is robust, and its operating efficiency is average. Its latest quarterly revenue reached 181.87M, representing a year-over-year increase of 21.65%, while its net profit experienced a year-over-year increase of 117.54%.
Key Metrics
The current valuation score of Daktronics Inc is 6.79, ranking 34 out of 57 in the Electronic Equipment & Parts industry. Its current P/E ratio is 33.93, which is 1109.73% below the recent high of 410.45 and 334.20% above the recent low of -79.46.
The current earnings forecast score of Daktronics Inc is 8.00, ranking 14 out of 57 in the Electronic Equipment & Parts industry. The average price target is 27.50, with a high of 31.00 and a low of 24.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Daktronics Inc is 6.44, ranking 48 out of 57 in the Electronic Equipment & Parts industry. Currently, the stock price is trading between the resistance level at 20.29 and the support level at 18.38, making it suitable for range-bound swing trading.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
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The current institutional shareholding score of Daktronics Inc is 7.00, ranking 26 out of 57 in the Electronic Equipment & Parts industry. The latest institutional shareholding proportion is 74.80%, representing a quarter-over-quarter decrease of 10.14%. The largest institutional shareholder is Stanley Druckenmiller, holding a total of 852.96K shares, representing 1.77% of shares outstanding, with 69.87% decrease in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Electronic Equipment & Parts domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Daktronics Inc is 6.13, ranking 18 out of 57 in the Electronic Equipment & Parts industry. The company's beta value is 1.66. This indicates that the stock tends to outperform the index during upward trending markets but experiences larger declines during downward trending markets. with an industry-leading ESG disclosure.
