Sidoti Issues Pessimistic Forecast for Daktronics Earnings

Daktronics, Inc. (NASDAQ:DAKT) – Analysts at Sidoti cut their FY2026 earnings estimates for Daktronics in a research report issued to clients and investors on Thursday, March 5th. Sidoti analyst A. Soderstrom now expects that the technology company will earn $1.06 per share for the year, down from their previous estimate of $1.14. The consensus estimate for Daktronics’ current full-year earnings is $0.96 per share. Sidoti also issued estimates for Daktronics’ Q4 2026 earnings at $0.28 EPS, Q3 2027 earnings at $0.19 EPS and Q4 2027 earnings at $0.32 EPS.

DAKT has been the topic of a number of other reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Daktronics in a report on Monday, December 29th. Zacks Research lowered shares of Daktronics from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, February 18th. Two research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Hold”.

Daktronics Stock Down 4.4%

Shares of NASDAQ:DAKT opened at $20.98 on Monday. The stock has a market cap of $1.01 billion, a price-to-earnings ratio of 38.15, a PEG ratio of 0.69 and a beta of 1.70. The company has a quick ratio of 1.68, a current ratio of 2.22 and a debt-to-equity ratio of 0.19. Daktronics has a 12-month low of $10.92 and a 12-month high of $28.27. The business’s 50 day moving average is $23.46 and its 200 day moving average is $20.78.

Daktronics (NASDAQ:DAKT) last posted its earnings results on Wednesday, March 4th. The technology company reported $0.09 earnings per share for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.09). The business had revenue of $181.87 million during the quarter, compared to analyst estimates of $181.00 million. Daktronics had a return on equity of 16.55% and a net margin of 3.43%.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of DAKT. CSM Advisors LLC purchased a new position in shares of Daktronics in the 2nd quarter worth about $6,242,000. Invesco Ltd. increased its holdings in Daktronics by 399.2% during the second quarter. Invesco Ltd. now owns 510,243 shares of the technology company’s stock worth $7,715,000 after buying an additional 408,037 shares during the last quarter. Boston Partners bought a new stake in Daktronics in the fourth quarter worth about $6,248,000. Breach Inlet Capital Management LLC raised its position in Daktronics by 32.8% in the fourth quarter. Breach Inlet Capital Management LLC now owns 1,272,552 shares of the technology company’s stock worth $25,158,000 after acquiring an additional 314,133 shares during the period. Finally, Thrivent Financial for Lutherans purchased a new position in Daktronics in the fourth quarter valued at about $5,364,000. Institutional investors own 61.69% of the company’s stock.

About Daktronics

Daktronics, Inc (NASDAQ: DAKT) is a leading designer and manufacturer of electronic display systems, video boards, scoreboards and related control systems. Founded in 1968 in Brookings, South Dakota by Al Kurtenbach and Duane Sander, the company has built a reputation for delivering custom visual display solutions to a wide range of markets. Its product portfolio includes large-format LED video displays, programmable message centers, digital billboards, and audio-visual solutions tailored to sports venues, transportation authorities, retail environments and live event producers.

The company’s primary business activities encompass the engineering, fabrication and installation of display systems for customers around the world.