Read/Post Comments (0) | Recommended this article (0)
Please login to Zacks.com or register to post a comment.
Zacks' 7 Best Stocks
for June, 2013
FREE Report for Zacks.com
Visitors Only
Visitors Only
They're hand-picked from the list of Zacks Rank #1 Strong Buys. Our experts predict that their prices will jump the soonest.
Today, you can see them free.
- Latest News
- Most Popular
- 3 Top-Ranked Consumer ETFs to Buy Now
- This Week's Top Value Stocks
- RTI: When Will We Finally See a Pullback?
- RTI: When is the Fed's "Taper Telegraph" Coming?
- Insurance Industry Stock Outlook - May 2013
- Top Stocks with Big Potential Catch-Up Moves
- Roundtable Top Picks of the Week
- Anatomy of Success: Green Mountain Coffee
- The Mega-Rally Rolls On
- Biotechnology ETF Investing 101
- AWS 5/21: The Beginning of the End for QE
Recent Quotes
| No Recent Quote currently available |
My Portfolio
|
My Portfolio Tracker One of the most important steps you can take today is to set up your portfolio tracker on Zacks.com. Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts. Set yours up today. |
More Zacks Resources
Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.
Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.
Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.
My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.
Zacks #1 Stocks on the Move 05/21/2013
| Company Name | Symbol | %Change |
|---|---|---|
| SCIENTIFIC L | SCIL | 8.00% |
| NATUS MEDICA | BABY | 6.11% |
| SUMMER INFAN | SUMR | 6.02% |
| RADIANT LOGI | RLGT | 5.32% |
| NEW ORIENTAL | EDU | 4.51% |
Quick Links
Resources
Client Support
Zacks Research is Reported On:
Zacks Investment Research
is an A+ Rated BBB
Accredited Business.
Copyright 2013 Zacks Investment Research
At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1986 it has nearly tripled the S&P 500 with an average gain of +26% per year. These returns cover a period from 1986-2011 and were examined and attested by Baker Tilly, an independent accounting firm.
Visit performance for information about the performance numbers displayed above.
NYSE and AMEX data is at least 20 minutes delayed. NASDAQ data is at least 15 minutes delayed.
This page is temporarily not available. Please check later as it should be available shortly. If you have any questions, please email customer support at support@zacks.com or call 800-767-3771 ext. 9339.
Earnings momentum for Daktronics Inc. ( DAKT - Snapshot Report ) soared higher last week after this industrial electrical equipment manufacturer reported a stellar first quarter fiscal 2013 (ended July 28, 2012), which included a 300.0% earnings surprise. With a year-to-date return of 13.6% and shares nearing their 52-week high, this Zacks #1 Rank (Strong Buy) seems to be a solid growth pick.
Upbeat Quarterly Results
On August 21, Daktronics Inc. reported fiscal first quarter 2012 earnings of 16 cents per share, trouncing the Zacks Consensus Estimate of 4 cents and doubling last year’s 8 cents.
Revenue jumped 12% to $133 million, as orders in the quarter increased 24% to $173.5 million. Backlog increased 33% sequentially to $164 million. Gross margin improved 250 basis points to 27.4% on the back of high margin gains in the Live Events and Transportation business units.
Positive Earnings Momentum
Over the last 7 days, three of four estimates increased for fiscal 2013 (ending April 2013), leading to a 45.2% rise in the Zacks Consensus Estimate to 45 cents per share. For fiscal year 2014, one of two estimates moved higher over the same time frame, raising the Zacks Consensus Estimate by 20.5% to 53 cents.
The Zacks Consensus Estimates represent year-over-year earnings growth of 125.0% for fiscal 2013 and 16.7% for fiscal 2014.
Valuation
Daktronics Inc. is currently trading at a price-to-sales (P/S) ratio of 0.8, compared with the peer group average of 1.3. On a forward P/E basis, shares trade at 21.1x, versus the peer group average of 15.3x. The company offers a ROE of 6.0% while the peer group average is at 10.3%.
Daktronics Inc. is based in Brookings, South Dakota and was incorporated in 1968. It operates in the Industrial Electrical Equipment sector; focusing primarily on electronic display systems and related products, as well as related maintenance and professional services. As of April 28, 2012, the company had 28 corporate offices around the world. It currently has a market capitalization of approximately $400 million.
Read the full reports :
Snapshot Report on DAKT