Added to YB: 2024-12-09
Pitch date: 2024-12-08
DAKT [bullish]
Daktronics, Inc.
+0.87%
current return
Author Info
No bio for this author
Company Info
Daktronics, Inc. designs, manufactures, and sells electronic display systems and related solutions for sports, commercial, and transportation applications in the United States and internationally.
Market Cap
$930.6M
Pitch Price
$19.50
Price Target
40.00 (+103%)
Dividend
N/A
EV/EBITDA
9.53
P/E
19.59
EV/Sales
0.93
Sector
Electronic Equipment, Instruments and Components
Category
turnaround
DAKT: Potential to $40/Share
DAKT: Daktronics could be worth $40 per share in the coming years despite rising more than 20% since the initial note. The company has worked through an elevated backlog, improved margins and right-sized its post-COVID balance sheet, positioning it for further growth and profitability. The case assumes high-teens adjusted EBITDA margins and potentially nearly doubled EPS over the next few years, with key institutional owners providing additional oversight.
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