Daktronics Inc

Company Profile

Daktronics Inc had its IPO on 1994-02-10 under the ticker symbol DAKT.

The company operates in the Technology sector and Electronic Components industry. Daktronics Inc has a staff strength of 2,246 employees.

Stock update

Shares of Daktronics Inc opened at $5.1 at the start of the last trading session i.e. 2023-03-24.

The stocks traded within a range of $5 - $5.3, and closed at $5.3.

This is a +3.31% increase from the previous day's closing price.

A total volume of 241,351 shares were traded at the close of the day’s session.

In the last one week, shares of Daktronics Inc have increased by +10.42%.

Daktronics Inc's Key Ratios

Daktronics Inc has a market cap of $233.24 million, indicating a price to book ratio of 0.6006 and a price to sales ratio of 0.1663.

In the last 12-months Daktronics Inc’s revenue was $706.54 million with a gross profit of $116.70 million and an EBITDA of $23.78 million. The EBITDA ratio measures Daktronics Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Daktronics Inc’s operating margin was 1.05% while its return on assets stood at 1.06% with a return of equity of -8.42%.

In Q0.66666666666667, Daktronics Inc’s quarterly earnings growth was a negative -34.3% while revenue growth was a positive 32.5%.

Daktronics Inc’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

1.33

Its diluted EPS in the last 12-months stands at $-0.38 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 1.33. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Daktronics Inc’s profitability.

Daktronics Inc stock is trading at a EV to sales ratio of 0.1862 and a EV to EBITDA ratio of 25.2072. Its price to sales ratio in the trailing 12-months stood at 0.1663.

Daktronics Inc stock pays annual dividends of $0 per share, indicating a yield of 4.48% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$453.65 million

Total Liabilities

$212.39 million

Operating Cash Flow

$0

Capital Expenditure

$5.57 million

Dividend Payout Ratio

0%

Daktronics Inc ended 2023 with $453.65 million in total assets and $0 in total liabilities. Its intangible assets were valued at $453.65 million while shareholder equity stood at $179.34 million.

Daktronics Inc ended 2023 with $0 in deferred long-term liabilities, $212.39 million in other current liabilities, 63002000.00 in common stock, $82.01 million in retained earnings and $3.29 million in goodwill. Its cash balance stood at $10.02 million and cash and short-term investments were $10.55 million. The company’s total short-term debt was $0 while long-term debt stood at $0.

Daktronics Inc’s total current assets stands at $341.82 million while long-term investments were $0 and short-term investments were $530000.00. Its net receivables were $154.11 million compared to accounts payable of $70.59 million and inventory worth $164.88 million.

In 2023, Daktronics Inc's operating cash flow was $0 while its capital expenditure stood at $5.57 million.

Comparatively, Daktronics Inc paid $0 in dividends in 2023.

Other key metrics

Current Trading Price

$5.3

52-Week High

$5.36

52-Week Low

$1.46

Analyst Target Price

$5.5

Daktronics Inc stock is currently trading at $5.3 per share. It touched a 52-week high of $5.36 and a 52-week low of $5.36. Analysts tracking the stock have a 12-month average target price of $5.5.

Its 50-day moving average was $4.1 and 200-day moving average was $3.45 The short ratio stood at 1.56 indicating a short percent outstanding of 0%.

Around 2059.8% of the company’s stock are held by insiders while 4327.4% are held by institutions.