Daktronics (DAKT) came out with quarterly earnings of $0.36 per share, beating the Zacks Consensus Estimate of $0.30 per share. This compares to earnings of $0.63 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 20%. A quarter ago, it was expected that this video display maker would post earnings of $0.14 per share when it actually produced earnings of $0.27, delivering a surprise of 92.86%. Over the last four quarters, the com ...

Core Insights - Daktronics, Inc. reported solid sequential revenue growth, margin expansion, and cash flow generation in its fiscal Q1 2025, with operating income of $22.7 million and adjusted net income of $16.6 million [1][2][3] Financial Performance - Sales reached $226.1 million, a 4.7% sequential increase from Q4 2024, driven by increased production and deliveries for sports and outdoor-related seasonal business [2][6] - Gross profit margin improved to 26.4% from 25.7% in Q4 2024, although it decreased from 30.6% in Q1 2024 due to record sales activity in the prior year [2][7] - Operating income increased by 16.9% to $22.7 million compared to $19.4 million in Q4 2024 [2][14] - The product order backlog was $267.2 million, down from $316.9 million at the end of Q4 2024, reflecting a reduction in manufacturing lead times [2][5] Orders and Market Dynamics - Product and service orders totaled $176.2 million, a decrease of 14.4% from Q4 2024 but an increase of 11.1% compared to Q1 2024 [2][5] - Orders for the first quarter increased by 11.1% year-over-year, driven by demand in the On-Premise, Spectacular, and Out-of-Home markets [5][6] Strategic Initiatives - The company is focused on digital transformation, product innovation, and market penetration, with plans to upgrade service and systems maintenance solutions by fiscal year-end [3][4] - Upcoming enhancements to the Show Control solution aim to improve live entertainment experiences and workflow efficiencies [3] Cash Flow and Balance Sheet - Daktronics generated $19.5 million in cash from operations and had a working capital ratio of 2.2 to 1 at the end of Q1 2025 [12][21] - Cash, restricted cash, and marketable securities totaled $97.2 million, with total debt of $76.0 million outstanding [12][17] Outlook - The company anticipates higher orders in fiscal 2025, with expectations of continued seasonal normalization and strong demand across various business units [4][5]

Daktronics (DAKT) shares have jumped 81% year to date (YTD), outperforming the Zacks Computer & Technology sector's gain of 21.3% and the Zacks Electronics- Miscellaneous Products industry's return of 15.7%. It has outperformed industry peers like Carrier Global (CARR) , Garmin (GRMN) and SES AI (SES) over the same timeframe. CARR and GRMN shares have gained 24.9% and 40.6%, respectively. SES shares have declined 42% YTD. The outperformance in Daktronics shares can be attributed to strong top-line growth in ...

Group 1: Pilgrim's Pride (PPC) - Pilgrim's Pride is engaged in the processing, production, marketing, and distribution of frozen, fresh, and value-added chicken products [1] - The company has a Zacks Rank of 1 (Strong Buy) [1] - The Zacks Consensus Estimate for its current year earnings has increased by 12.7% over the last 60 days [1] - Pilgrim's Pride has a PEG ratio of 0.22 compared to 0.49 for the industry [2] - The company possesses a Growth Score of A [2] Group 2: KT (KT) - KT provides mobile telecommunications services, telephone services, fixed-line, and VoIP telephone services [2] - The company has a Zacks Rank of 1 (Strong Buy) [2] - The Zacks Consensus Estimate for its current year earnings has increased by 3.9% over the last 60 days [2] - KT has a PEG ratio of 0.72 compared to 1.04 for the industry [2] - The company possesses a Growth Score of B [2] Group 3: Daktronics (DAKT) - Daktronics is one of the world's largest suppliers of electronic scoreboards, computer-programmable displays, and large screen video displays and control systems [3] - The company has a Zacks Rank of 1 (Strong Buy) [3] - The Zacks Consensus Estimate for its current year earnings has increased by 34.5% over the last 60 days [3] - Daktronics has a PEG ratio of 0.47 compared to 0.92 for the industry [4] - The company possesses a Growth Score of B [4]

Investors interested in stocks from the Electronics - Miscellaneous Products sector have probably already heard of Daktronics (DAKT) and KLA (KLAC) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look. Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The proven Zacks Rank puts an emphasis on earn ...

Group 1 - Daktronics (DAKT) is a notable stock in the Computer and Technology sector, currently outperforming the sector with a year-to-date return of approximately 78.4% compared to the sector average of 21.5% [4] - The Zacks Rank for Daktronics is 1 (Strong Buy), indicating a positive earnings outlook and strong analyst sentiment, with a 34.5% increase in the consensus estimate for full-year earnings over the past three months [3][4] - Daktronics belongs to the Electronics - Miscellaneous Products industry, which has gained an average of 15% this year, further highlighting its strong performance relative to the industry [6] Group 2 - Fabrinet (FN) is another stock in the Computer and Technology sector that has outperformed, with a year-to-date increase of 37.6% and a Zacks Rank of 2 (Buy) [5] - The Electronics - Miscellaneous Components industry, where Fabrinet is categorized, has seen a 6.5% increase since the beginning of the year, indicating a relatively weaker performance compared to Daktronics' industry [6] - Investors are encouraged to monitor both Daktronics and Fabrinet for potential continued strong performance in the sector [7]

BROOKINGS, S.D., Aug. 22, 2024 (GLOBE NEWSWIRE) -- Daktronics, Inc. (NASDAQ-DAKT), announced today it will release its first quarter fiscal 2025 financial results on Wednesday, September 4, 2024 before the market opens. The Company will host a conference call and webcast for all interested parties at 10:00 AM CT that day. Reece A. Kurtenbach, Chief Executive Officer, and Sheila M. Anderson, Chief Financial Officer, will host the conference call, which will contain forward-looking statements and other materi ...

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. 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 tried-and-true metrics and fundamental analysis ...

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, August 12th: 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. Daktronics has a PEG ratio of 0.41 compared with 0.42 for the industry. The company possesses a Growth Score of B. Vertiv Holdings Co (VRT) : This critical digital infrastructure technolo ...

Investors interested in stocks from the Electronics - Miscellaneous Products sector have probably already heard of Daktronics (DAKT) and KLA (KLAC) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look. Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The proven Zacks Rank puts an emphasis on earn ...