Momentum investing revolves around the idea of following a stock's recent trend in either direction. In "long context," investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even though momentum is a popular stock characte ...

Core Viewpoint - Investors are increasingly seeking growth stocks that demonstrate above-average growth potential, with Daktronics (DAKT) identified as a strong candidate due to its favorable growth metrics and Zacks Rank [2][11]. Group 1: Earnings Growth - Daktronics has a historical EPS growth rate of 71.1%, with projected EPS growth of 34.1% for the current year, significantly outperforming the industry average of 15.3% [5]. Group 2: Asset Utilization Ratio - The company boasts an asset utilization ratio (sales-to-total-assets ratio) of 1.45, indicating it generates $1.45 in sales for every dollar in assets, compared to the industry average of 0.71, showcasing superior efficiency [6]. Group 3: Sales Growth - Daktronics is expected to achieve a sales growth rate of 10.9% this year, while the industry average is stagnant at 0% [7]. Group 4: Earnings Estimate Revisions - The current-year earnings estimates for Daktronics have been revised upward by 4.6% over the past month, indicating a positive trend in earnings estimate revisions [9]. Group 5: Overall Assessment - Daktronics has earned a Zacks Rank of 2 (Buy) and a Growth Score of A, suggesting it is a potential outperformer and a solid choice for growth investors [11].

Core Viewpoint - Daktronics (DAKT) is currently viewed as a more attractive option for value investors compared to MKS (MKSI) based on various valuation metrics and earnings outlook [3][7]. Valuation Metrics - DAKT has a forward P/E ratio of 17.20, while MKSI has a forward P/E of 21.24, indicating that DAKT may be undervalued relative to MKSI [5]. - The PEG ratio for DAKT is 0.57, suggesting a better valuation considering expected earnings growth, compared to MKSI's PEG ratio of 1.66 [5]. - DAKT's P/B ratio stands at 3.2, while MKSI's P/B ratio is higher at 4.18, further supporting DAKT's position as a more attractive value investment [6]. Earnings Outlook - DAKT is experiencing an improving earnings outlook, which enhances its attractiveness in the Zacks Rank model, indicating a positive trend in earnings estimates [3][7].

Core Viewpoint - Daktronics (DAKT) has shown a 6.3% increase in stock price over the past four weeks, with a mean price target of $25.33 indicating a potential upside of 29.2% from the current price of $19.61 [1] Price Targets and Estimates - The mean estimate consists of three short-term price targets with a standard deviation of $8.33, where the lowest estimate is $16.00 (indicating an 18.4% decline) and the highest is $32.00 (indicating a 63.2% increase) [2] - A low standard deviation suggests a high degree of agreement among analysts regarding the stock's price movement, which can serve as a starting point for further research [9] Analyst Sentiment and Earnings Estimates - Analysts are optimistic about DAKT's earnings prospects, as indicated by a positive trend in earnings estimate revisions, which has shown a 4.6% increase in the Zacks Consensus Estimate for the current year [11][12] - DAKT holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates, which supports the stock's potential upside [13] Caution on Price Targets - Solely relying on consensus price targets for investment decisions may not be wise, as analysts' price targets can often be overly optimistic due to business incentives [3][8] - While price targets should not be ignored, they should be approached with skepticism, as they may not accurately predict stock price movements [10]

Daktronics, Inc. (NASDAQ:DAKT) on Tuesday announced the acquisition of intellectual property, equipment assets, and technical expertise from X Display Company Technology Limited (XDC), a specialist in mass-transfer processes and MicroLED technology.Financial terms were not disclosed.The Brookings, South Dakota–based company said the transaction will strengthen its display technology capabilities and support future product growth, with a sharper focus on MicroLED systems.Also Read: Stock Market Today: Dow Jo ...

Core Insights - Daktronics has announced the acquisition of intellectual property, equipment assets, and technical expertise from X Display Company Technology Limited (XDC), enhancing its capabilities in MicroLED technology [1][9] - The acquisition is expected to strengthen Daktronics' competitive position and support its product innovation strategy aimed at accelerating growth [2][5] Acquisition Details - The acquisition includes XDC's proprietary technologies in mass-transfer processes and MicroLED fabrication, enabling advanced display solutions with ultra-fine pixel pitches for large-format video walls and medium-sized commercial displays [9] - Daktronics has also acquired specialized equipment for developing displays with MicroLED and MicroIC technology [9] Market Potential - The Narrow Pixel Pitch (NPP) market, which includes MicroLED technology, is projected to reach $12 billion by 2029 according to Futuresource [5] - The acquisition positions Daktronics to enhance its large-scale NPP product offerings and explore smaller volume display opportunities [6] Talent Acquisition - Daktronics has integrated 15 key employees from XDC, who possess deep expertise in mass-transfer, MicroLED development, and MicroIC design [9] Product Benefits - MicroLED technology offers higher brightness, improved contrast, greater energy efficiency, and a longer lifespan compared to existing technologies like LCD [3] - The acquisition allows Daktronics to develop cost-effective solutions for lower volume applications and provides stability and flexibility in the supply chain [10]

Core Viewpoint - Daktronics, Inc. is viewed as a company with moderate investment appeal, particularly in the scoreboard and advertising sectors, which are not considered compelling enough for significant investment [1]. Company Performance - Daktronics, Inc. reported Q2 2026 results with a GAAP EPS of $0.35, exceeding estimates by $0.08 [1]. - The company's revenue reached $229.3 million, reflecting a 10% increase and surpassing forecasts by $15.37 million [1]. - New orders for products and services amounted to $199.1 million, an increase from $177.6 million in the same quarter last year [1]. Market Position - The company manufactures electronic scoreboards, video displays, LED signs, and digital messaging systems for various sectors including sports, commercial, and transportation [1]. - Institutional investors, including BlackRock, hold shares in Daktronics, indicating some level of confidence in the company's potential [1].

Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. But finding a growth stock that can live up to its true potential can be a tough task.By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss.However, the Zacks Growth Style Score (part of the Zacks Style Scores ...

Investors might want to bet on Daktronics (DAKT) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.The power ...

Daktronics (DAKT) closed the last trading session at $18.77, gaining 0.1% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $23.67 indicates a 26.1% upside potential.The average comprises three short-term price targets ranging from a low of $16.00 to a high of $31.00, with a standard deviation of $7.51. While the lowest estimate indicates a decline of 14.8% from the current price lev ...