Daktronics (DAKT) Given Daily News Impact Score of 0.20
Media headlines about Daktronics (NASDAQ:DAKT) have been trending somewhat positive recently, Accern reports. The research group scores the sentiment of press coverage by reviewing 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 news impact score of 0.20 on Accern’s scale. Accern also gave headlines about the technology company an impact score of 47.2674669960615 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Here are some of the news headlines that may have impacted Accern Sentiment Analysis’s rankings:
- Global LED stadium screens market forecast to 2021 just published (whatech.com)
- Daktronics, Inc. :DAKT-US: Earnings Analysis: Q1, 2018 By the Numbers : September 5, 2017 (finance.yahoo.com)
- Daktronics, Inc. breached its 50 day moving average in a Bullish Manner : DAKT-US : September 4, 2017 (finance.yahoo.com)
- Financial Contrast: Microvision (MVIS) and Daktronics (DAKT) (americanbankingnews.com)
- Is The Needle Ready to Move For Daktronics Inc (DAKT) Shares? (iphonefresh.com)
Several research analysts have recently weighed in on DAKT shares. Zacks Investment Research upgraded Daktronics from a “sell” rating to a “hold” rating in a report on Tuesday, May 16th. BidaskClub upgraded Daktronics from a “sell” rating to a “hold” rating in a report on Thursday, August 3rd. One analyst has rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Daktronics presently has a consensus rating of “Buy” and an average target price of $11.83.
Daktronics (NASDAQ:DAKT) traded up 0.74% during trading on Wednesday, reaching $9.58. The company had a trading volume of 152,481 shares. The company has a market capitalization of $423.85 million, a PE ratio of 32.92 and a beta of 1.25. Daktronics has a 52-week low of $7.84 and a 52-week high of $11.12. The stock has a 50 day moving average price of $9.56 and a 200-day moving average price of $9.46.
Daktronics (NASDAQ:DAKT) last released its earnings results on Tuesday, August 22nd. The technology company reported $0.19 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.13 by $0.06. The company had revenue of $172.70 million during the quarter, compared to the consensus estimate of $165 million. Daktronics had a net margin of 2.20% and a return on equity of 6.53%. The company’s revenue was up 9.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.13 EPS. On average, equities research analysts anticipate that Daktronics will post $0.37 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 21st. Investors of record on Monday, September 11th will be given a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a dividend yield of 2.92%. The ex-dividend date of this dividend is Friday, September 8th. Daktronics’s dividend payout ratio is presently 96.56%.
In other news, Director John L. Mulligan sold 37,307 shares of the company’s stock in a transaction that occurred on Monday, September 18th. The shares were sold at an average price of $13.20, for a total value of $492,452.40. Following the completion of the sale, the director now directly owns 67,182 shares of the company’s stock, valued at approximately $886,802.40. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Carla S. Gatzke sold 2,988 shares of the company’s stock in a transaction that occurred on Tuesday, August 22nd. The stock was sold at an average price of $10.00, for a total transaction of $29,880.00. Following the completion of the sale, the insider now directly owns 436,130 shares of the company’s stock, valued at $4,361,300. The disclosure for this sale can be found here. Insiders have sold a total of 70,649 shares of company stock valued at $821,506 over the last three months. 8.20% of the stock is currently owned by company insiders.
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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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