Daktronics, Inc. Announces Fourth Quarter and Fiscal 2016 Results
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Needham & Company Cuts Price Target on Daktronics (DAKT) to $8 Following 4Q Miss
June 2, 2016 7:58 AM EDTNeedham & Company maintained a Buy rating on Daktronics (NASDAQ: DAKT), and cut the price target to $8.00 (from $9.00), following the company's 4Q earnings report. Revenues declined 12% y/o/y to $138.5M, below Needham's $155M estimate. EPS was reported as a loss of $0.07, in-line with expectations.
Analyst James Ricchiuti... More
Sidoti Downgrades Daktronics (DAKT) to Neutral
June 1, 2016 11:22 AM EDTSidoti downgraded Daktronics (NASDAQ: DAKT) from Buy to Neutral with a price target of $7.00 (from $11.00).
For an analyst ratings summary and ratings history on Daktronics click here. For more ratings news on Daktronics click here.
Shares of Daktronics closed at $7.97 yesterday.
... MoreDaktronics (DAKT) Misses Q4 EPS Views on Light Sales
June 1, 2016 7:34 AM EDTDaktronics (NASDAQ: DAKT) reported Q4 EPS of ($0.07), $0.15 worse than the analyst estimate of $0.08. Revenue for the quarter came in at $138.5 million versus the consensus estimate of $156.17 million.
For earnings history and earnings-related data on Daktronics (DAKT) click here.
... More