Daktronics Inc (NASDAQ: DAKT) has reported E.P.S. of $0.46 for its second fiscal quarter (ending October 31) versus $0.05 for the same period a year ago — an increase of 820%. E.P.S. were $0.63 for the latest four quarters through October 31 versus $1.02 for the same period a year ago — a decline of -38%.
Recent Price Action
Daktronics Inc (NASDAQ: DAKT) stock enjoyed a major increase of 15.9% on 12/4/24. The shares closed at $18.92. Moreover, this advance was accompanied by exceptionally high trading volume at 460% of normal. The stock has risen 27.0% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Daktronics has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Daktronics has a neutral Appreciation Score of 47 but a very high Power Rating of 88, and the Positive Value Trend Rating results.
Rating Review
In light of this new information and very positive price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
Be the first to comment