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How to buy Daktronics stock | 4.28

Own Daktronics stock in just a few minutes.

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Daktronics, Inc is a computer hardware business based in the US. Daktronics shares (DAKT) are listed on the NASDAQ and all prices are listed in US Dollars. Daktronics employs 2,395 staff and has a trailing 12-month revenue of around USD$572.3 million.

How to buy shares in Daktronics

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Daktronics. Find the stock by name or ticker symbol: DAKT. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Daktronics reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of USD$4.28, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Daktronics, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Daktronics. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

How has coronavirus impacted Daktronics's share price?

Since the stock market crash in March caused by coronavirus, Daktronics's share price has had significant negative movement.

Its last market close was USD$4.28, which is 28.07% down on its pre-crash value of USD$5.95 and 0.08% down on the lowest point reached during the March crash when the shares fell as low as USD$4.2834.

If you had bought USD$1,000 worth of Daktronics shares at the start of February 2020, those shares would have been worth USD$794.23 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth USD$727.90.

Daktronics share price

Use our graph to track the performance of DAKT stocks over time.

Daktronics shares at a glance

Information last updated 2020-10-20.
Latest market close USD$4.28
52-week range USD$3.69 - USD$7.3
50-day moving average USD$4.128
200-day moving average USD$4.2725
Wall St. target price USD$5
PE ratio 203
Dividend yield USD$0.2 (4.48%)
Earnings per share (TTM) USD$0.018

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Daktronics stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Daktronics price performance over time

Historical closes compared with the close of $4.28 from 2020-11-16

1 week (2020-11-23) -3.60%
1 month (2020-10-30) 9.74%
3 months (2020-08-28) -4.04%
6 months (2020-05-29) 0.94%
1 year (2019-11-29) -30.52%
2 years (2018-11-30) -52.18%
3 years (2017-11-30) -55.32%
5 years (2015-11-30) -50.63%

Is Daktronics under- or over-valued?

Valuing Daktronics stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Daktronics's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Daktronics's P/E ratio

Daktronics's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 203x. In other words, Daktronics shares trade at around 203x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Daktronics's PEG ratio

Daktronics's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.33. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Daktronics's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Daktronics's EBITDA

Daktronics's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$20.6 million.

The EBITDA is a measure of a Daktronics's overall financial performance and is widely used to measure a its profitability.

Daktronics financials

Revenue TTM USD$572.3 million
Operating margin TTM 0.52%
Gross profit TTM USD$138.7 million
Return on assets TTM 0.49%
Return on equity TTM 0.49%
Profit margin 0.16%
Book value $4.178
Market capitalisation USD$178.9 million

TTM: trailing 12 months

Shorting Daktronics shares

There are currently 1.7 million Daktronics shares held short by investors – that's known as Daktronics's "short interest". This figure is 31.3% down from 2.4 million last month.

There are a few different ways that this level of interest in shorting Daktronics shares can be evaluated.

Daktronics's "short interest ratio" (SIR)

Daktronics's "short interest ratio" (SIR) is the quantity of Daktronics shares currently shorted divided by the average quantity of Daktronics shares traded daily (recently around 201982.62967431). Daktronics's SIR currently stands at 8.29. In other words for every 100,000 Daktronics shares traded daily on the market, roughly 8290 shares are currently held short.

However Daktronics's short interest can also be evaluated against the total number of Daktronics shares, or, against the total number of tradable Daktronics shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Daktronics's short interest could be expressed as 0.04% of the outstanding shares (for every 100,000 Daktronics shares in existence, roughly 40 shares are currently held short) or 0.0551% of the tradable shares (for every 100,000 tradable Daktronics shares, roughly 55 shares are currently held short).

A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against Daktronics.

Find out more about how you can short Daktronics stock.

Daktronics share dividends

Dividend payout ratio: 750% of net profits

Recently Daktronics has paid out, on average, around 750% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.48% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Daktronics shareholders could enjoy a 4.48% return on their shares, in the form of dividend payments. In Daktronics's case, that would currently equate to about $0.2 per share.

Daktronics's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

Daktronics's most recent dividend payout was on 19 March 2020. The latest dividend was paid out to all shareholders who bought their shares by 6 March 2020 (the "ex-dividend date").

Have Daktronics's shares ever split?

Daktronics's shares were split on a 2:1 basis on 23 June 2006. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Daktronics shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Daktronics shares which in turn could have impacted Daktronics's share price.

Daktronics share price volatility

Over the last 12 months, Daktronics's shares have ranged in value from as little as $3.69 up to $7.3. A popular way to gauge a stock's volatility is its "beta".

DAKT.US volatility(beta: 0.65)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Daktronics's is 0.6514. This would suggest that Daktronics's shares are less volatile than average (for this exchange).

Daktronics overview

Daktronics, Inc. designs, manufactures, markets, 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, including centerhung, landmark, ribbon board, and corporate office entrance displays, as well as video walls and hanging banners; 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 out-of-home advertising displays comprising billboards and street furniture displays; 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, 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.

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