Published on 27 Mar 2024 on Simply Wall St. via Yahoo Finance
Is There Now An Opportunity In Daktronics, Inc. (NASDAQ:DAKT)?
Daktronics, Inc. (NASDAQ:DAKT), might not be a large cap stock, but it received a lot of attention from a substantial price increase on the NASDAQGS over the last few months. While good news for shareholders, the company has traded much higher in the past year. As a small cap stock, hardly covered by any analysts, there is generally more of an opportunity for mispricing as there is less activity to push the stock closer to fair value. Is there still an opportunity here to buy? Let’s take a look at Daktronics’s outlook and value based on the most recent financial data to see if the opportunity still exists.
Check out our latest analysis for Daktronics
Is Daktronics Still Cheap?