Daktronics Stock Target Price and Analyst Consensus

DAKT Stock  USD 15.40  0.38  2.53%   
The current analyst and expert consensus on Daktronics is Strong Sell, with no strong buy opinions. The current projected Daktronics target price consensus is 12.00 with 0 analyst opinions. Check out Macroaxis Advice on Daktronics to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For more information on how to buy Daktronics Stock please use our How to Invest in Daktronics guide.
The most common way Daktronics analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Daktronics executives and customers to further validate their buy or sell advice. Please note, the number of analysts providing the opinion is not sufficient to provide adequate consensus on Daktronics. We encourage you to use your own analysis of Daktronics to validate this buy or sell advice. Daktronics buy-or-sell recommendation module provides average expert sentiment on the projected Daktronics target price to derive its highest and lowest estimates based on projected price volatility of 2.4432.
Lowest Forecast
10.92
Highest Forecast
13.32
Target Price
12
Gross Profit is likely to gain to about 233.6 M in 2024, whereas Pretax Profit Margin is likely to drop 0 in 2024. At this time, Daktronics' Non Current Liabilities Total is comparatively stable compared to the past year. Inventory is likely to gain to about 144.9 M in 2024, whereas Property Plant And Equipment Net is likely to drop slightly above 53 M in 2024.
  
It's important to approach Daktronics' target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Daktronics price targets

Daktronics' stock target price is an estimate of its future price, usually made by analysts. Using Daktronics' target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Daktronics' target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Daktronics' stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Daktronics Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Daktronics is a key component of Daktronics valuation and have some predictive power on the future returns of a Daktronics.
Hype
Prediction
LowEstimatedHigh
12.9815.4417.90
Details
Intrinsic
Valuation
LowRealHigh
9.6312.0916.94
Details
Naive
Forecast
LowNextHigh
12.6015.0717.53
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.200.200.20
Details

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Additional Tools for Daktronics Stock Analysis

When running Daktronics' price analysis, check to measure Daktronics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Daktronics is operating at the current time. Most of Daktronics' value examination focuses on studying past and present price action to predict the probability of Daktronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Daktronics' price. Additionally, you may evaluate how the addition of Daktronics to your portfolios can decrease your overall portfolio volatility.