Daktronics Inc. (NASDAQ: DAKT) is 64.74% higher on its value in year-to-date trading and has touched a low of $5.99 and a high of $14.58 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The DAKT stock was last observed hovering at around $13.65 in the last trading session, with the day’s gains setting it 0.32%.
Currently trading at $13.97, the stock is 13.36% and 21.25% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.01 million and changing 2.34% at the moment leaves the stock 44.69% off its SMA200. DAKT registered 128.64% gain for a year compared to 6-month gain of 77.06%.
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The stock witnessed a 21.16% loss in the last 1 month and extending the period to 3 months gives it a 44.77%, and is 3.87% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.76% over the week and 5.07% over the month.
Daktronics Inc. (DAKT) has around 2831 employees, a market worth around $646.81M and $818.08M in sales. Current P/E ratio is 19.22 and Fwd P/E is 11.94. Profit margin for the company is 4.23%. Distance from 52-week low is 133.22% and -4.18% from its 52-week high. The company has generated returns on investments over the last 12 months (11.78%).
The EPS is expected to grow by 43.24% this year
The shares outstanding are 46.21M, and float is at 37.61M with Short Float at 9.88%.
Daktronics Inc. (DAKT) Insider Activity
The most recent transaction is an insider sale by Wiemann Bradley T, the company’s Exec Vice President. SEC filings show that Wiemann Bradley T sold 22,000 shares of the company’s common stock on Jul 10 ’24 at a price of $13.67 per share for a total of $0.3 million. Following the sale, the insider now owns 0.11 million shares.
Daktronics Inc. disclosed in a document filed with the SEC on Jul 09 ’24 that Wiemann Bradley T (Exec Vice President) sold a total of 7,500 shares of the company’s common stock. The trade occurred on Jul 09 ’24 and was made at $13.60 per share for $0.1 million. Following the transaction, the insider now directly holds 0.13 million shares of the DAKT stock.
Still, SEC filings show that on Jul 09 ’24, Kurtenbach Matthew John (VP of Manufacturing) disposed off 269 shares at an average price of $13.85 for $3726.0. The insider now directly holds 208,906 shares of Daktronics Inc. (DAKT).
