DAKT or KLAC: Which Is the Better Value Stock Right Now?
DaktronicsDaktronics(US:DAKT) ZACKS·2024-08-07 16:40

Core Viewpoint - Daktronics (DAKT) is currently viewed as a more attractive investment option compared to KLA (KLAC) for value investors seeking undervalued stocks [1]. Group 1: Company Rankings and Performance - Daktronics has a Zacks Rank of 1 (Strong Buy), while KLA has a Zacks Rank of 2 (Buy) [3]. - DAKT has shown a stronger improvement in its earnings outlook compared to KLAC recently [3]. Group 2: Valuation Metrics - DAKT has a forward P/E ratio of 11.93, significantly lower than KLAC's forward P/E of 24.62 [5]. - The PEG ratio for DAKT is 0.40, indicating better value relative to its expected earnings growth compared to KLAC's PEG ratio of 1.42 [5]. - DAKT's P/B ratio stands at 2.61, while KLAC's P/B ratio is much higher at 28.63 [6]. - Based on these valuation metrics, DAKT holds a Value grade of A, whereas KLAC has a Value grade of D [6].