AI Spotlight on DAKT
Company Description
Daktronics, Inc.designs, manufactures, markets, and sells 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; indoor and outdoor light emitting diodes (LED) video displays, including centerhung, landmark, ribbon board, and corporate office entrance displays, as well as video walls and hanging banners; mobile and modular display systems; 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.It also provides control components for video displays in live event applications; message displays; ITS dynamic message signs, including LED displays for road management; mass transit displays; and sound systems for indoor and outdoor sports venues.In addition, the company offers out-of-home advertising displays comprising digital billboards and street furniture displays; DataTime product line that consists of outdoor time and temperature displays; and Fuelight digit displays designed for the petroleum industry.
Further, it provides ADFLOW DMS systems that include indoor networked solutions for retailers, convenience stores, and other businesses; and Venus Control Suite, Show Control, Vanguard, and others, as well as maintenance and professional services related to its products.The company sells its products through direct sales and resellers.Daktronics, Inc.
was founded in 1968 and is headquartered in Brookings, South Dakota.
Market Data
Last Price | 16.99 |
Change Percentage | 0.59% |
Open | 16.98 |
Previous Close | 16.89 |
Market Cap ( Millions) | 800 |
Volume | 63798 |
Year High | 19.89 |
Year Low | 7.2 |
M A 50 | 16.65 |
M A 200 | 13.67 |
Financial Ratios
FCF Yield | 7.94% |
Dividend Yield | 0.00% |
ROE | 12.20% |
Debt / Equity | 25.06% |
Net Debt / EBIDTA | -77.20% |
Price To Book | 3.03 |
Price Earnings Ratio | 26.63 |
Price To FCF | 12.59 |
Price To sales | 0.97 |
EV / EBITDA | 8.18 |
News
- Jan -25 - 3 Top Stocks For Gradual Rate Cuts
- Jan -21 - Daktronics Files Preliminary Proxy Statement for Special Meeting of Shareholders
- Dec -17 - Breach Inlet Capital Issues Public Letter to Board of Daktronics
- Dec -11 - Daktronics Comments on Presentation and Public Statements from Alta Fox
- Dec -10 - Alta Fox Releases Presentation on Daktronics Delivered at Bloomberg Activism Forum 2024
- Dec -05 - Daktronics Q2: Digital Transformation Set To Drive Strong Margin Growth
- Dec -04 - Daktronics to Present at The Benchmark Company's Upcoming Discovery One-on-One Investor Conference
- Dec -04 - Why Daktronics Stock Jumped Today
- Dec -04 - Daktronics, Inc. (DAKT) Q2 2024 Earnings Call Transcript
- Dec -04 - Daktronics (DAKT) Lags Q2 Earnings Estimates
- Dec -04 - Daktronics, Inc. Announces 2025 Fiscal Second Quarter Results
- Nov -08 - Daktronics Announces Intention to Convert $25 Million Convertible Promissory Note into Common Stock
- Oct -21 - Daktronics, Inc. Announces Next Steps in Ongoing Business Transformation Plan
- Sep -26 - Bear of the Day: Daktronics (DAKT)
- Sep -14 - Sign Of The Times, Daktronics Flashes Strong Growth (Ratings Upgrade)
- Sep -12 - Daktronics Q2 Earnings: Solid Margins Despite Tepid Growth (Maintain Buy Rating)
- Sep -11 - Daktronics to Present at Sidoti Virtual Investor Conference September 18-19
- Sep -04 - Daktronics, Inc. (DAKT) Q1 2025 Earnings Call Transcript
- Sep -04 - Daktronics (DAKT) Q1 Earnings and Revenues Top Estimates
- Sep -04 - Daktronics, Inc. Announces 2025 Fiscal First Quarter Results
Business Breakdown
Expected Mid-Term Growth
Segment nΒ°1 -> Live Events
Expected Growth : 5 %
What the company do ?
Live Events from Daktronics, Inc. provide real-time scoring, statistics, and video display solutions for sports and entertainment venues, enhancing the fan experience.
Why we expect these perspectives ?
Daktronics' Live Events segment growth is driven by increasing demand for immersive fan experiences, rising adoption of digital signage in stadiums and arenas, and growing investments in sports venue renovations and new constructions. Additionally, the company's strategic partnerships and innovative product offerings, such as LED displays and audio systems, contribute to its growth momentum.
Segment nΒ°2 -> Commercial
Expected Growth : 4 %
What the company do ?
Daktronics, Inc. offers commercial display systems, including LED displays, scoreboards, and message displays for various industries, such as sports, retail, and transportation.
Why we expect these perspectives ?
Daktronics' commercial segment growth is driven by increasing demand for digital signage and display solutions, expansion into new markets, and strategic partnerships. Additionally, the company's focus on product innovation, such as LED displays and software solutions, has contributed to its growth. Furthermore, the rising need for data visualization and analytics in various industries has also fueled the segment's growth.
Segment nΒ°3 -> High School Park and Recreation
Expected Growth : 3 %
What the company do ?
High School Park and Recreation from Daktronics, Inc. provides scoreboards and display systems for athletic fields and recreational facilities, enhancing the fan experience.
Why we expect these perspectives ?
High School Park and Recreation from Daktronics, Inc. growth is driven by increasing demand for digital scoreboards, rising investments in school infrastructure, and growing popularity of outdoor recreational activities. Additionally, advancements in LED technology and government initiatives promoting sports and fitness contribute to the segment's 3% growth.
Segment nΒ°4 -> International
Expected Growth : 7 %
What the company do ?
Daktronics' International segment provides scoreboards, display systems, and sports information systems to customers outside the United States.
Why we expect these perspectives ?
Daktronics' international segment growth is driven by increasing demand for digital displays and scoreboards in emerging markets, particularly in Asia and Latin America. The company's expansion into new regions, strategic partnerships, and investments in product innovation are also contributing to its 7% growth.
Segment nΒ°5 -> Transportation
Expected Growth : 5 %
What the company do ?
Daktronics, Inc. provides transportation-related display systems, including scoreboards, message displays, and digital signage for highways, airports, and public transit systems.
Why we expect these perspectives ?
Daktronics' transportation segment growth is driven by increasing demand for intelligent transportation systems, rising adoption of digital signage in airports and highways, and growing need for real-time traffic management solutions. Additionally, government initiatives for infrastructure development and smart city projects are fueling growth.
Daktronics, Inc. Products
Product Range | What is it ? |
---|---|
Scoreboards | Electronic scoreboards and displays for various sports and events, providing real-time scores, statistics, and information to spectators. |
Video Displays | High-resolution LED video displays for outdoor and indoor applications, offering vibrant visuals and engaging content. |
Message Displays | Electronic message centers and signs for displaying text, graphics, and animations, suitable for various applications. |
Sound Systems | Professional audio solutions for sports venues, public spaces, and live events, providing high-quality sound and audio processing. |
Show Control Systems | Customizable control systems for managing and synchronizing audio, video, and lighting elements in live events and productions. |
Digital Billboards | High-brightness LED displays for outdoor advertising, offering high-resolution graphics and real-time content updates. |
Transportation Displays | Electronic displays for transportation hubs, providing real-time information and schedules to passengers. |
Daktronics, Inc.'s Porter Forces
Threat Of Substitutes
Daktronics, Inc. faces moderate threat from substitutes, as there are limited alternatives to its display and control systems. However, the company's focus on innovation and customer satisfaction helps to mitigate this threat.
Bargaining Power Of Customers
Daktronics, Inc. has a diverse customer base, which reduces the bargaining power of individual customers. Additionally, the company's strong relationships with its customers and its ability to provide customized solutions further reduce the bargaining power of customers.
Bargaining Power Of Suppliers
Daktronics, Inc. relies on a few key suppliers for its components and materials. While the company has some bargaining power due to its size and reputation, it is still vulnerable to supplier disruptions and price increases.
Threat Of New Entrants
The display and control systems industry has high barriers to entry, including significant capital requirements and the need for specialized expertise. This makes it difficult for new entrants to compete with established players like Daktronics, Inc.
Intensity Of Rivalry
The display and control systems industry is highly competitive, with several established players competing for market share. Daktronics, Inc. must continually innovate and improve its products and services to maintain its market position.
Capital Structure
Value | |
---|---|
Debt Weight | 9.06% |
Debt Cost | 3.95% |
Equity Weight | 90.94% |
Equity Cost | 9.41% |
WACC | 8.92% |
Leverage | 9.96% |
Daktronics, Inc. : Quality Control
Daktronics, Inc. passed 7 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
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LYTS | LSI Industries Inc. manufactures and sells non-residential lighting and retail display solutions in the United States, Canada, Mexico, Australia, and Latin America. It operates in two segments, Lighting and Display β¦ |
BELFA | Bel Fuse Inc. designs, manufactures, markets, and sells products that are used in the networking, telecommunication, high-speed data transmission, commercial aerospace, military, broadcasting, transportation, e-Mobility and broadcasting, and consumer electronic β¦ |
SGMA | SigmaTron International, Inc. operates as an independent provider of electronic manufacturing services (EMS). Its EMS services include printed circuit board assemblies and completely assembled (box-build) electronic products. The company also β¦ |