Daktronics (NASDAQ:DAKT) is scheduled to be announcing its earnings results before the market opens on Wednesday, November 21st.

Daktronics (NASDAQ:DAKT) last released its quarterly earnings results on Tuesday, August 21st. The technology company reported $0.10 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.15 by ($0.05). The firm had revenue of $154.20 million for the quarter, compared to the consensus estimate of $168.52 million. Daktronics had a return on equity of 2.96% and a net margin of 0.29%. The business’s revenue for the quarter was down 10.7% on a year-over-year basis. During the same quarter last year, the firm posted $0.19 earnings per share.

NASDAQ:DAKT opened at $7.61 on Wednesday. The stock has a market cap of $341.99 million, a PE ratio of 59.00 and a beta of 1.01. The company has a current ratio of 1.91, a quick ratio of 1.37 and a debt-to-equity ratio of 0.08. Daktronics has a 1-year low of $7.14 and a 1-year high of $10.11.

Several analysts have recently weighed in on DAKT shares. Singular Research reduced their price target on Daktronics from $12.00 to $10.00 and set a “buy” rating on the stock in a report on Friday, September 21st. BidaskClub cut Daktronics from a “hold” rating to a “sell” rating in a report on Tuesday, August 28th. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $10.00.

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Daktronics Company Profile

Daktronics, Inc designs, manufactures, and sells a range of electronic display systems and related products worldwide. It operates through 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; LED ribbon board displays; mobile and modular display systems; freeform LED displays, which include 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.

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Earnings History for Daktronics (NASDAQ:DAKT)

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