Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks. Daktronics (DAKT) is a stock many investors are watching right now. DAKT is currently sporting a Zacks Rank of #1 (Strong Buy), as well as an A grade for Value. The stock is trading with a P/E ratio of 12.91, which compares to its indus ...

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, July 24th: Eldorado Gold has a PEG ratio of 0.27 compared with 0.35 for the industry. The company possesses a Growth Score of B. Daktronics has a PEG ratio of 0.43 compared with 0.54 for the industry. The company possesses a Growth Score of B. Royal Caribbean has a PEG ratio of 0.51 compared with 1.04 for the industry. The company possesses a Growth Score of A. Learn more about the Growth score and how it ...

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 ...

Group 1: Eldorado Gold Corporation (EGO) - Eldorado Gold Corporation is a mining and exploration company with a Zacks Rank 1 [1] - The Zacks Consensus Estimate for its current year earnings has increased by 3.7% over the last 60 days [1] - The company has a PEG ratio of 0.29, which is lower than the industry average of 0.33 [1] - Eldorado Gold possesses a Growth Score of A [1] Group 2: Daktronics, Inc. (DAKT) - Daktronics, Inc. is an electronic display systems company with a Zacks Rank 1 [2] - The Zacks Consensus Estimate for its current year earnings has increased by 34.5% over the last 60 days [2] - The company has a PEG ratio of 0.42, compared to the industry average of 0.54 [2] - Daktronics possesses a Growth Score of A [2] Group 3: Royal Caribbean Cruises Ltd. (RCL) - Royal Caribbean Cruises Ltd. is a cruise-line company with a Zacks Rank 1 [3] - The Zacks Consensus Estimate for its current year earnings has increased by 1.6% over the last 60 days [3] - The company has a PEG ratio of 0.50, which is lower than the industry average of 0.99 [3] - Royal Caribbean possesses a Growth Score of A [3]

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 ...

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]

Core Insights - Companies with favorable efficiency levels are more likely to attract investors due to their expected impressive returns, which are believed to correlate positively with price performance [1] Efficiency Ratios - Asset Utilization measures a company's ability to convert assets into output, calculated by dividing total sales over the past 12 months by the average total assets over the last four quarters. High asset utilization indicates efficiency [3] - Receivables Turnover is the ratio of 12-month sales to the four-quarter average receivables, showing a company's ability to extend credit and collect debts. A high ratio indicates effective collection of accounts receivables [10] - Operating Margin is the ratio of operating income over the past 12 months to sales over the same period, reflecting a company's ability to control operating expenses. A high operating margin suggests efficient management of operating costs [11] - Inventory Turnover is the ratio of the 12-month cost of goods sold (COGS) to the four-quarter average inventory, indicating a company's ability to maintain an appropriate inventory level. A high value suggests low inventory relative to COGS [15] Screening Criteria - Companies with efficiency ratios such as Inventory Turnover, Receivables Turnover, Asset Utilization, and Operating Margin greater than industry averages may indicate higher efficiency levels compared to peers [12] - The screening process narrowed down over 7,906 stocks to 14 based on the aforementioned efficiency criteria [17] Company Examples - Daktronics (DAKT) is a major supplier of electronic scoreboards and has an average four-quarter positive earnings surprise of 92.9% [5] - Advanced Drainage Systems (WMS) specializes in thermoplastic corrugated pipes and has an average four-quarter positive earnings surprise of 30.5% [12] - GENEDX HOLDINGS (WGS) leads in healthcare transformation through exome and genome testing, with an average four-quarter positive earnings surprise of nearly 17.9% [13] - Hess (HES) is a prominent oil and natural gas exploration company, boasting an average four-quarter positive earnings surprise of 35.7% [18]

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 ...

Company Overview - Daktronics is the largest player in the North American LED Video Display market with a market share of approximately 46% [1] - The company differentiates itself through predominantly US-based manufacturing and comprehensive service offerings [1] - Daktronics has a significant international presence, excluding China [1] Financial Performance - FY24 marked a return to normal operations after pandemic-related challenges, with sales increasing by 2.9% in Q4 year-over-year [2] - Gross margin improved by 90 basis points to 25.7% in Q4, and for FY24, it was 27.2% compared to 20.1% in FY23 [2] - Operating margins were strong at 9% for Q4 and 10.6% for the full FY24 [2] - The company generated strong free cash flow, resulting in a balance sheet with $81.3 million in cash and $55 million in debt [2] Order Growth and Market Trends - Despite flat to declining order growth in H1 FY24, orders rebounded significantly in Q3 (29.4% growth) and Q4 (14.6% growth) [2][8] - Orders from the Live Events segment represented nearly 50% of total orders in Q4, driven by demand for enhanced entertainment facilities [14] - International order growth has accelerated, with significant investments made in sales, service, and fulfillment teams [14] Future Outlook - The company aims to reach $1 billion in revenue in the medium term, with FY25 revenue estimated at approximately $860 million, representing over 5% annual growth [8] - Operating income for FY25 is expected to be close to $85 million, with net income projected at $68 million or $1.47 per share [8] - The current P/E multiple is 9.2, which is attractive compared to industry peers trading at higher multiples [8][10] Strategic Initiatives - The company continues to invest in cloud-based software offerings, which yield higher margins and are less capital-intensive [6] - Management is focused on reducing operational costs and enhancing service capabilities to create recurring revenue streams [15] - The net cash position of $26 million provides flexibility for capital allocation, including share repurchases or acquisitions [7]

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 ...