NasdaqGS:DAKT

Stock Analysis Report

Executive Summary

Daktronics, Inc. designs, manufactures, and sells electronic display systems and related products worldwide.

Snowflake

Fundamentals

Flawless balance sheet with moderate growth potential.

Risks

  • Daktronics is covered by less than 3 analysts.

Similar Companies

Share Price & News

How has Daktronics's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

5.4%

NasdaqGS:DAKT

4.5%

US Electronic

2.1%

US Market


1 Year Return

-16.8%

NasdaqGS:DAKT

-5.4%

US Electronic

-0.04%

US Market

DAKT underperformed the Electronic industry which returned -6.3% over the past year.

DAKT underperformed the Market in United States of America which returned 0.2% over the past year.


Share holder returns

DAKTIndustryMarket
7 Day5.4%4.5%2.1%
30 Day-0.3%-4.9%-3.2%
90 Day-13.4%4.1%2.8%
1 Year-13.9%-16.8%-4.5%-5.4%2.2%-0.04%
3 Year-26.9%-33.5%46.9%42.8%41.5%32.3%
5 Year-42.7%-52.2%53.9%46.4%55.0%37.8%

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

Valuation

Is Daktronics undervalued based on future cash flows and its price relative to the stock market?

1.49x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Daktronics's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Daktronics's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Daktronics is loss making, we can't compare its value to the US Electronic industry average.

Daktronics is loss making, we can't compare the value of its earnings to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Daktronics, we can't assess if its growth is good value.


Price Based on Value of Assets

Daktronics is good value based on assets compared to the US Electronic industry average.


Next Steps

Future Growth

How is Daktronics expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

88.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Daktronics's revenue is expected to grow by 4.2% yearly, however this is not considered high growth (20% yearly).

Daktronics's earnings are expected to grow significantly at over 20% yearly.

Daktronics's revenue growth is positive but not above the United States of America market average.

Daktronics's earnings growth is expected to exceed the United States of America market average.

Daktronics's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Daktronics is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Daktronics performed over the past 5 years?

-36.1%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Daktronics does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare Daktronics's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Daktronics's 1-year growth to the US Electronic industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Daktronics has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if Daktronics has efficiently used its assets last year compared to the US Electronic industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Daktronics improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Daktronics's financial position?


Financial Position Analysis

Daktronics is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Daktronics's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Daktronics has no debt.

Daktronics currently has no debt however we can't compare to 5 years ago as we have no data for that period.

Daktronics has no debt, it does not need to be covered by operating cash flow.

Daktronics has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

High level of physical assets or inventory.

Daktronics has no debt, it does not need to be covered by short term assets.


Next Steps

Dividend

What is Daktronics's current dividend yield, its reliability and sustainability?

3.22%

Current Dividend Yield


Dividend Yield and Payments Analysis

Daktronics's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.49%).

Daktronics's dividend is below the markets top 25% of dividend payers in United States of America (3.84%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

The company is paying a dividend however it is incurring a loss.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Daktronics's salary, the management and board of directors tenure and is there insider trading?

7.2yrs

Average management tenure


CEO

Reece Kurtenbach (54yo)

5.9yrs

Tenure

US$516,234

Compensation

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

Reece's remuneration is lower than average for companies of similar size in United States of America.

Reece's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

7.2yrs

Average Tenure

54yo

Average Age

The average tenure for the Daktronics management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

14.6yrs

Average Tenure

72yo

Average Age

The average tenure for the Daktronics board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Carla Gatzke (58yo)

    VP of Human Resources & Corporate Secretary

    • Tenure: 13.6yrs
    • Compensation: US$254.13k
  • Bradley Wiemann (56yo)

    Executive Vice President of Commercial & Transportation

    • Tenure: 7.2yrs
    • Compensation: US$308.98k
  • Reece Kurtenbach (54yo)

    Chairman

    • Tenure: 5.9yrs
    • Compensation: US$516.23k
  • Sheila Anderson (46yo)

    CFO & Treasurer

    • Tenure: 6.9yrs
    • Compensation: US$316.25k
  • Matthew Kurtenbach (49yo)

    Vice President of Manufacturing

    • Tenure: 13.6yrs
    • Compensation: US$296.02k

Board Members

  • Byron Anderson (75yo)

    Independent Director

    • Tenure: 14.6yrs
    • Compensation: US$110.99k
  • Robert Dutcher (74yo)

    Independent Director

    • Tenure: 17.6yrs
    • Compensation: US$110.99k
  • James Morgan (72yo)

    Director

    • Tenure: 35.6yrs
    • Compensation: US$112.99k
  • Nancy Frame (74yo)

    Lead Independent Director

    • Tenure: 14.6yrs
    • Compensation: US$115.99k
  • John Friel (65yo)

    Independent Director

    • Tenure: 3.9yrs
    • Compensation: US$112.99k
  • Reece Kurtenbach (54yo)

    Chairman

    • Tenure: 5.9yrs
    • Compensation: US$516.23k
  • Kevin McDermott (65yo)

    Independent Director

    • Tenure: 4.2yrs
    • Compensation: US$112.99k

Company Information

Daktronics, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Daktronics, Inc.
  • Ticker: DAKT
  • Exchange: NasdaqGS
  • Founded: 1968
  • Industry: Electronic Equipment and Instruments
  • Sector: Tech
  • Market Cap: US$280.758m
  • Shares outstanding: 45.14m
  • Website: https://www.daktronics.com

Number of Employees


Location

  • Daktronics, Inc.
  • 201 Daktronics Drive
  • Brookings
  • South Dakota
  • 57006
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
DAKTNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDFeb 1994
DA3DB (Deutsche Boerse AG)YesCommon StockDEEURFeb 1994

Biography

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, Transpor ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/22 23:34
End of Day Share Price2019/08/22 00:00
Earnings2019/04/27
Annual Earnings2019/04/27


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.