By Mill Chart
Last update: Sep 11, 2023
In this article we will dive into DAKTRONICS INC (NASDAQ:DAKT) as a possible candidate for growth investing. Investors should always do their own research, but we noticed DAKTRONICS INC showing up in our CANSLIM growth screen, which makes it worth to investigate a bit more.
ChartMill assigns a Technical Rating to every stock. This score ranges from 0 to 10 and is updated daily. The score is determined by evaluating multiple technical indicators and properties.
Taking everything into account, DAKT scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, DAKT is showing a nice and steady performance.
Our latest full technical report of DAKT contains the most current technical analsysis.
ChartMill assigns a Fundamental Rating to every stock. This score, ranging from 0 to 10, is updated daily and is determined by evaluating multiple fundamental indicators and properties.
Taking everything into account, DAKT scores 6 out of 10 in our fundamental rating. DAKT was compared to 126 industry peers in the Electronic Equipment, Instruments & Components industry. Both the profitability and the financial health of DAKT get a neutral evaluation. Nothing too spectacular is happening here. DAKT is growing strongly while it also seems undervalued. This is an interesting combination These ratings would make DAKT suitable for value and growth investing!
Our latest full fundamental report of DAKT contains the most current fundamental analsysis.
More growth stocks can be found in our CANSLIM screen.
This article should in no way be interpreted as advice in any way. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.
NASDAQ:DAKT (11/22/2023, 7:00:01 PM)After market: 12 +0.09 (+0.76%)
Exploring growth characteristics of DAKTRONICS INC (NASDAQ:DAKT).
Daktronics jumped after posting strong quarterly results ahead of the key fall football season.
Daktronics press release (DAKT): Q1 GAAP EPS of $0.42.Revenue of $232.5M (+35.3% Y/Y).Gross profit as a percentage of net sales of 30.6%.Product order backlog was $323.7...
BROOKINGS, S.D., Sept. 06, 2023 (GLOBE NEWSWIRE) -- Daktronics, Inc. (NASDAQ - DAKT) today reported results for its fiscal 2024 first quarter which ended...
BROOKINGS, S.D., Sept. 01, 2023 (GLOBE NEWSWIRE) -- Daktronics, Inc. (NASDAQ-DAKT), announced today it will release its first quarter fiscal 2024...
BROOKINGS, S.D., Aug. 21, 2023 (GLOBE NEWSWIRE) -- Daktronics, Inc. (NASDAQ-DAKT), announced today their CFO, Sheila Anderson, will present and host...