Daktronics, Inc. designs, manufactures, and sells electronic display systems and related products worldwide.
Flawless balance sheet with moderate growth potential.
Share Price & News
How has Daktronics's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: DAKT's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: DAKT underperformed the US Electronic industry which returned -20.4% over the past year.
Return vs Market: DAKT underperformed the US Market which returned -10.7% over the past year.
Price Volatility Vs. Market
How volatile is Daktronics's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StSuch Is Life: How Daktronics (NASDAQ:DAKT) Shareholders Saw Their Shares Drop 58%
3 weeks ago | Simply Wall StReece Kurtenbach Is The Chairman of Daktronics, Inc. (NASDAQ:DAKT) And They Just Spent US$132k On Shares
1 month ago | Simply Wall StIs It Time To Consider Buying Daktronics, Inc. (NASDAQ:DAKT)?
Is Daktronics undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: DAKT ($4.91) is trading above our estimate of fair value ($3.88)
Significantly Below Fair Value: DAKT is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: DAKT is unprofitable, so we can't compare its PE Ratio to the Electronic industry average.
PE vs Market: DAKT is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate DAKT's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: DAKT is good value based on its PB Ratio (1.2x) compared to the US Electronic industry average (1.5x).
How is Daktronics forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DAKT is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.7%).
Earnings vs Market: DAKT is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: DAKT's is expected to become profitable in the next 3 years.
Revenue vs Market: DAKT's revenue (2.7% per year) is forecast to grow slower than the US market (7.2% per year).
High Growth Revenue: DAKT's revenue (2.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: DAKT's Return on Equity is forecast to be low in 3 years time (5.5%).
How has Daktronics performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DAKT is currently unprofitable.
Growing Profit Margin: DAKT is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: DAKT is unprofitable, and losses have increased over the past 5 years at a rate of -44.1% per year.
Accelerating Growth: Unable to compare DAKT's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: DAKT is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (3.2%).
Return on Equity
High ROE: DAKT has a negative Return on Equity (-5.05%), as it is currently unprofitable.
How is Daktronics's financial position?
Financial Position Analysis
Short Term Liabilities: DAKT's short term assets ($253.0M) exceed its short term liabilities ($139.8M).
Long Term Liabilities: DAKT's short term assets ($253.0M) exceed its long term liabilities ($36.0M).
Debt to Equity History and Analysis
Debt Level: DAKT is debt free.
Reducing Debt: DAKT has no debt compared to 5 years ago when its debt to equity ratio was 0.01%.
Inventory Level: DAKT has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if DAKT's debt is covered by short term assets.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: DAKT has been profitable on average in the past, therefore cash runway is not a concern.
Forecast Cash Runway: DAKT has been profitable on average in the past, therefore cash runway is not a concern.
What is Daktronics's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: DAKT's dividend (4.07%) is higher than the bottom 25% of dividend payers in the US market (1.95%).
High Dividend: DAKT's dividend (4.07%) is low compared to the top 25% of dividend payers in the US market (5.37%).
Stability and Growth of Payments
Stable Dividend: DAKT's dividend payments have been volatile in the past 10 years.
Growing Dividend: DAKT's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: DAKT is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Reece Kurtenbach (54yo)
Mr. Reece A. Kurtenbach has been the Chief Executive Officer and President of Daktronics Inc. since September 1, 2013. Mr. Kurtenbach served as an Executive Vice President at Daktronics Inc., from June 15, ...
CEO Compensation Analysis
Compensation vs Market: Reece's total compensation ($USD516.23K) is below average for companies of similar size in the US market ($USD1.48M).
Compensation vs Earnings: Reece's compensation has been consistent with company performance over the past year.
|CFO & Treasurer||7.5yrs||US$316.25k||0.047% $103.5k|
|VP of Human Resources & Corporate Secretary||14.17yrs||US$254.13k||1.6% $3.5m|
|Executive Vice President of Commercial & Transportation||7.75yrs||US$308.98k||0.22% $494.5k|
|Vice President of Manufacturing||14.17yrs||US$296.02k||0.59% $1.3m|
Experienced Management: DAKT's management team is seasoned and experienced (7.8 years average tenure).
|Independent Director||15.17yrs||US$110.99k||0.11% $237.4k|
|Independent Director||18.17yrs||US$110.99k||0.13% $281.0k|
|Independent Director||36.17yrs||US$112.99k||2.9% $6.5m|
|Lead Independent Director||15.17yrs||US$115.99k||0.18% $392.2k|
|Independent Director||4.5yrs||US$112.99k||0.072% $159.4k|
|Independent Director||4.75yrs||US$112.99k||0.082% $182.3k|
Experienced Board: DAKT's board of directors are seasoned and experienced ( 15.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: DAKT insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Daktronics, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Daktronics, Inc.
- Ticker: DAKT
- Exchange: NasdaqGS
- Founded: 1968
- Industry: Electronic Equipment and Instruments
- Sector: Tech
- Market Cap: US$222.223m
- Shares outstanding: 45.08m
- Website: https://www.daktronics.com
Number of Employees
- Daktronics, Inc.
- 201 Daktronics Drive
- South Dakota
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|DAKT||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Feb 1994|
|DA3||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Feb 1994|
Daktronics, Inc. designs, manufactures, and sells electronic display systems and related products worldwide. It operates in five segments: Commercial, Live Events, High School Park and Recreation, Transportation, and International. The company offers video display systems, such as displays to show various levels of video, graphics, and animation; indoor and outdoor LED video displays; mobile and modular display systems; architectural lighting and display products; indoor and outdoor scoreboards for various sports, digit displays, scoring and timing controllers, statistics software, and other related products; and timing systems for sports events primarily aquatics and track competitions, as well as swimming touchpads, race start systems, and relay take-off platforms. It also provides control components for video displays in live event applications; message displays; ITS dynamic message signs, including LED displays for road management, mass transit, and aviation applications; digit and directional displays for use in parking facilities; and sound systems for outdoor sports venues. In addition, the company offers digital billboards for the out-of-home advertising industry; digital street furniture that engages people with advertising content at eye level as they walk through campuses, cityscapes, and outlet malls; DataTime product line that consists of outdoor time and temperature displays; and Fuelight digit displays designed for the petroleum industry. Further, it provides ADFLOW DMS systems that include indoor networked solutions for retailers, convenience stores, and other businesses; and Venus Control Suite, Show Control, Vanguard, and others, which offer control solutions to enable customers manage content on their displays, as well as maintenance and professional services related to its products. The company sells its products through direct sales and resellers. Daktronics, Inc. was founded in 1968 and is headquartered in Brookings, South Dakota.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/01 00:05|
|End of Day Share Price||2020/03/31 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.