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DAKT or TRMB: Which Is the Better Value Stock Right Now?
ZACKS· 2024-07-22 16:46
Investors looking for stocks in the Electronics - Miscellaneous Products sector might want to consider either Daktronics (DAKT) or Trimble Navigation (TRMB) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look. Value investors also try to analyze a wide range of traditional figures and metrics to help determine whether a company is undervalued at its current share price levels. Another notable valuation metric for DAKT is its P/B rat ...
Best Growth Stocks to Buy for July 22nd
ZACKS· 2024-07-22 11:46
Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, July 22nd: Eldorado Gold Corporation (EGO) : This mining and exploration company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.7% over the last 60 days. Eldorado Gold has a PEG ratio of 0.29 compared with 0.33 for the industry. The company possesses a Growth Score of A. Daktronics, Inc. (DAKT) : This electronic display systems company ca ...
Here's Why Daktronics (DAKT) is a Great Momentum Stock to Buy
ZACKS· 2024-07-17 17:00
Investors should also take note of DAKT's average 20-day trading volume. Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline; a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. Right now, DAKT is averaging 818,267 shares for the last 20 days. Below, we take a look at Daktronics (DAKT) , a company that currently holds a Momentum Style Score of A. We also talk about p ...
Bull Of The Day: Daktronics (DAKT)
ZACKS· 2024-07-15 12:11
Company Overview - Daktronics, Inc. designs and manufactures electronic scoreboards, programmable display systems, and large screen video displays for various applications including sporting, commercial, and transportation [1] - The company operates through segments such as Commercial, Live Events, High School Park and Recreation, Transportation, and International [1] - Founded in 1968, Daktronics is headquartered in Brookings, SD [1] Earnings Performance - The most recent quarter saw a significant earnings surprise with EPS of 27 cents compared to an estimate of 14 cents, resulting in a 92% positive earnings surprise [12] - Earnings estimates for the next quarter have increased from 22 cents to 30 cents [10] - Full fiscal year earnings estimates have moved up from $0.84 to $1.13 [5] - Next year's earnings estimates have also increased from $0.92 to $1.17 [14] Growth Projections - The company is expected to see a growth of 2.6% this year, accelerating to 4.45% next year [6] - The most recent quarter reported topline growth of 2.87% [11] Valuation Metrics - The price to book ratio stands at 2.6x, while the price to sales ratio is at 0.77x [7] - The forward earnings multiple is currently at 12x, which is typical for a company in this sector [11] Market Position - Daktronics holds a Zacks Rank of 1 (Strong Buy) with an A for Value and a B for Growth, indicating a strong market position [13] - The company is recognized as a leader in the market for electronic scoreboards and large screen video displays, which are becoming increasingly popular in various settings [13]
5 Must-Buy Efficient Stocks to Enrich Your Portfolio
ZACKS· 2024-07-12 12:31
Irrespective of market conditions, companies with favorable efficiency levels are more likely to be investors' choices. The reason is that a company with a favorable efficiency level is expected to offer impressive returns as it is believed to be positively correlated to its price performance. However, at times it becomes difficult to measure the efficiency level of a company. This is why one must consider the popular efficiency ratios listed below while selecting stocks. Asset Utilization: This ratio indic ...
Is Daktronics (DAKT) Stock Undervalued Right Now?
ZACKS· 2024-07-11 14:46
The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks. Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use tried-and-true metrics an ...
Daktronics: Compelling Valuation Supported By Steady Growth And Improving Margins
Seeking Alpha· 2024-07-11 07:40
Daktronics (NASDAQ:DAKT) is the largest player in the North American market for the LED Video Display, with a market share close to 46%. A key differentiator versus its competitors is Daktronics' predominantly US-based manufacturing. Additionally, its comprehensive service offerings provide customers with more options for customization. Daktronics also has a significant presence internationally, excluding China. The company has shown substantial improvements in margins during FY24, following pandemic relate ...
Best Growth Stocks to Buy for July 8th
ZACKS· 2024-07-08 09:25
Eldorado Gold Corporation (EGO) : This mining and exploration company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 10.1% over the last 60 days. Sasol Limited (SSL) : This integrated chemical and energy company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.5% over the last 60 days. Eldorado Gold has a PEG ratio of 0.28 compared with 0.32 for the industry. The company posses ...
Best Growth Stocks to Buy for July 1st
ZACKS· 2024-07-01 10:41
Group 1: Stock Recommendations - EnerSys (ENS) is highlighted as a strong investment opportunity with a Zacks Rank 1 and a 3.9% increase in the Zacks Consensus Estimate for current year earnings over the last 60 days [1] - Brinker International, Inc. (EAT) also carries a Zacks Rank 1, with an 8.4% increase in the Zacks Consensus Estimate for current year earnings over the last 60 days [4] - Daktronics, Inc. (DAKT) is noted for its Zacks Rank 1 and a significant 34.5% increase in the Zacks Consensus Estimate for current year earnings over the last 60 days [6] Group 2: Financial Metrics - EnerSys has a PEG ratio of 0.66, which is lower than the industry average of 1.42, and possesses a Growth Score of B [7] - Brinker has a PEG ratio of 0.87 compared to the industry average of 2.72, and also has a Growth Score of B [2] - Daktronics has a PEG ratio of 0.41, which is lower than the industry average of 0.53, and holds a Growth Score of B [3]
Best Value Stocks to Buy for July 1st
ZACKS· 2024-07-01 10:21
Daktronics, Inc. (DAKT) : This electronic display systems company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 34.5% over the last 60 days. Macy's, Inc. (M) : This omni-channel retail major carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.6% over the last 60 days. EnerSys (ENS) : This stored energy solutions company carries a Zacks Rank #1, and has witnessed the Zacks Consens ...