There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for Daktronics Inc. (DAKT) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.06, or 0.55%, to $10.99. The Daktronics Inc. has recorded 5,841 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that Daktronics, Inc. Announces 2024 Fiscal First Quarter Results.
As a NASDAQ listed company, DAKT falls under the Technology sector while operating within the Electronic Components industry segment. At the end of the last regular session, the stock closed at $10.93 and fluctuated between $10.93 as its day high and $10.12 as its day low. The current market capitalization of Daktronics Inc. is $499.72M. A total of 0.69 million shares were traded on the day, compared to an average of 445.79K shares.
Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, DAKT has seen 35 BUY and 15 SELL insider trades, representing the acquisition of 71,883 and the disposition of 13,692 shares. Over the last 12 months, there were 36 BUYs and 15 SELLs from insiders. Insiders purchased 89,550 shares during that period but sold 13,692.
In the most recent transaction, Wiemann Bradley T sold 22,722 shares of DAKT for 9.36 per share on Oct 16. After the transaction, the Exec Vice President now owns 132,582 company shares. In a previous transaction on Oct 12, Wiemann Bradley T sold 778 shares at 9.51 per share. DAKT shares that Exec Vice President owns now total 132,582.
Among the insiders who sold shares, Kurtenbach Matthew John disposed of 12,250 shares on Sep 13 at a per-share price of $9.27. This resulted in the VP of Manufacturing holding 208,906 shares of DAKT after the transaction.
In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for DAKT in the last 3 months, the mean price target is $12.00 with high estimates of $12.00 and low estimates of $12.00. In terms of 52-week highs and lows, DAKT has a high of $10.42 and a low of $1.46.
As of this writing, DAKT has an earnings estimate of $0.13 per share for the current quarter. EPS was calculated based on a consensus of 1 estimates, with a high estimate of $0.13 per share and a lower estimate of $0.13. The company reported an EPS of $0.47 in the last quarter, which was 235.70% higher than expectations of $0.14.
Balance Sheet Annually/Quarterly
The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. DAKT’s latest balance sheet shows that the firm has $21.16M in Cash & Short Term Investments as of fiscal 2022. There were $2.31M in debt and $213.69M in liabilities at the time. Its Book Value Per Share was $5.05, while its Total Shareholder’s Equity was $191.56M.
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for DAKT is Buy with a score of 0.00.