Media stories about Daktronics (NASDAQ:DAKT) have trended somewhat positive this week, according to Accern Sentiment. Accern identifies negative and positive media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Daktronics earned a daily sentiment score of 0.11 on Accern’s scale. Accern also gave news articles about the technology company an impact score of 47.3861611544164 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
These are some of the news articles that may have impacted Accern Sentiment’s scoring:
- LED Display Screen Market Report for Period 2018 till 2024 Daktronics, Mitsubishi Electric, Leyard, Sansitech, Absen, Unilumin and Others. (openpr.com)
- Daktronics, Inc. to Release Fourth Quarter and Fiscal 2018 Financial Results (finance.yahoo.com)
- Budd and Janiga Named 2018 Daktronics-NAIA Scholar-Athletes (13abc.com)
- Fine Pixel Pitch LED Displays Market – The Demand From Sporting Events (mynewsdesk.com)
Daktronics opened at $9.78 on Friday, according to Marketbeat. The stock has a market cap of $424.28 million, a PE ratio of 42.52 and a beta of 1.15. The company has a quick ratio of 1.60, a current ratio of 2.18 and a debt-to-equity ratio of 0.08. Daktronics has a 52 week low of $9.45 and a 52 week high of $9.48.
Several research firms have recently commented on DAKT. BidaskClub raised shares of Daktronics from a “sell” rating to a “hold” rating in a research report on Tuesday, March 20th. TheStreet lowered shares of Daktronics from a “b-” rating to a “c+” rating in a research report on Wednesday, February 21st. Zacks Investment Research raised shares of Daktronics from a “sell” rating to a “hold” rating in a research report on Tuesday, January 23rd. Sidoti began coverage on shares of Daktronics in a research report on Wednesday, January 24th. They set a “neutral” rating and a $10.00 price target for the company. Finally, ValuEngine raised shares of Daktronics from a “sell” rating to a “hold” rating in a research report on Wednesday, March 7th. Four equities research analysts have rated the stock with a hold rating, The stock presently has an average rating of “Hold” and an average target price of $10.50.
Daktronics Company Profile
Daktronics, Inc designs, manufactures, and sells a range of electronic display systems and related products worldwide. It operates through five segments: Commercial, Live Events, High School Park and Recreation, Transportation, and International. The company offers video display systems, such as displays to show various levels of video, graphics, and animation, as well as controllers; LED ribbon board displays; mobile and modular display systems; freeform LED displays, which include architectural lighting and display products; indoor and outdoor scoreboards for various sports, digit displays, scoring and timing controllers, statistics software, and other related products; and timing systems for sports events primarily aquatics and track competitions, as well as swimming touchpads, race start systems, and relay take-off platforms.
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