Singular Research Forecasts Daktronics FY2025 Earnings

Daktronics, Inc. (NASDAQ:DAKT) – Stock analysts at Singular Research issued their FY2025 earnings estimates for Daktronics in a research report issued on Thursday, March 13th. Singular Research analyst M. Furst forecasts that the technology company will post earnings of $0.76 per share for the year. The consensus estimate for Daktronics’ current full-year earnings is $0.96 per share. Singular Research also issued estimates for Daktronics’ Q4 2025 earnings at $0.17 EPS.

Separately, Craig Hallum assumed coverage on shares of Daktronics in a research report on Wednesday, January 22nd. They issued a “buy” rating and a $26.00 target price for the company.

Daktronics Price Performance

Shares of NASDAQ:DAKT opened at $12.72 on Monday. Daktronics has a 52 week low of $8.81 and a 52 week high of $19.89. The firm has a market capitalization of $634.64 million, a P/E ratio of 50.88, a PEG ratio of 0.57 and a beta of 1.12. The firm’s 50 day moving average is $15.65 and its two-hundred day moving average is $14.94. The company has a current ratio of 2.35, a quick ratio of 1.67 and a debt-to-equity ratio of 0.40.

Hedge Funds Weigh In On Daktronics

Several institutional investors and hedge funds have recently modified their holdings of the stock. Alta Fox Capital Management LLC raised its holdings in Daktronics by 310.7% during the fourth quarter. Alta Fox Capital Management LLC now owns 3,074,336 shares of the technology company’s stock valued at $51,833,000 after buying an additional 2,325,779 shares in the last quarter. Invesco Ltd. raised its holdings in Daktronics by 554.6% in the 4th quarter. Invesco Ltd. now owns 724,796 shares of the technology company’s stock valued at $12,220,000 after acquiring an additional 614,075 shares in the last quarter. Progeny 3 Inc. lifted its position in Daktronics by 27.3% in the third quarter. Progeny 3 Inc. now owns 2,284,608 shares of the technology company’s stock worth $29,494,000 after purchasing an additional 489,700 shares during the period. Foundry Partners LLC bought a new position in shares of Daktronics during the 3rd quarter worth about $4,101,000. Finally, LPL Financial LLC lifted its stake in Daktronics by 1,589.2% during the fourth quarter. LPL Financial LLC now owns 323,204 shares of the technology company’s stock worth $5,449,000 after purchasing an additional 304,071 shares during the period. 61.69% of the stock is currently owned by hedge funds and other institutional investors.

About Daktronics

Daktronics, Inc designs, manufactures, and sells electronic scoreboards, programmable display systems and large screen video displays for sporting, commercial, and transportation applications in the United States and internationally. It operates through Commercial, Live Events, High School Park and Recreation, Transportation, and International segments.