NYSE:DY - Dycom Industries Stock Price, News, & Analysis

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$46.69 -1.61 (-3.33 %)
(As of 05/19/2019 11:17 AM ET)
Previous Close$46.69
Today's Range$46.54 - $48.42
52-Week Range$41.78 - $117.40
Volume413,349 shs
Average Volume373,397 shs
Market Capitalization$1.47 billion
P/E Ratio16.79
Dividend YieldN/A
Beta1.45
Dycom Industries, Inc. provides specialty contracting services in the United States. The company offers various specialty contracting services, including program management, engineering, construction, maintenance, and installation services, such as placement and splicing of fiber, copper, and coaxial cables to telecommunications providers. It also provides tower construction, lines and antenna installation, and foundation and equipment pad construction for wireless carriers, as well as equipment installation and material fabrication, and site testing services; and installs and maintains customer premise equipment, such as digital video recorders, set top boxes, and modems for cable television system operators. In addition, the company offers construction and maintenance services for electric and gas utilities, and other customers; and underground facility locating services, such as locating telephone, cable television, power, water, sewer, and gas lines for various utility companies, including telecommunication providers. Dycom Industries, Inc. was founded in 1969 and is based in Palm Beach Gardens, Florida.

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Industry, Sector and Symbol

Industry Water, sewer, & utility lines
Sub-IndustryConstruction & Engineering
SectorConstruction
CUSIP26747510
Phone561-627-7171

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.13 billion
Cash Flow$9.3008 per share
Book Value$25.69 per share

Profitability

Net Income$62.91 million

Miscellaneous

Employees14,920
Market Cap$1.47 billion
Next Earnings Date5/21/2019 (Confirmed)
OptionableOptionable

Dycom Industries (NYSE:DY) Frequently Asked Questions

What is Dycom Industries' stock symbol?

Dycom Industries trades on the New York Stock Exchange (NYSE) under the ticker symbol "DY."

How will Dycom Industries' stock buyback program work?

Dycom Industries announced that its Board of Directors has authorized a stock buyback plan on Wednesday, August 29th 2018, which permits the company to repurchase $150,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 6.3% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company's leadership believes its shares are undervalued.

How were Dycom Industries' earnings last quarter?

Dycom Industries, Inc. (NYSE:DY) announced its quarterly earnings results on Wednesday, February, 27th. The construction company reported $0.10 earnings per share for the quarter, missing the consensus estimate of $0.17 by $0.07. The construction company earned $748.62 million during the quarter, compared to analyst estimates of $719.25 million. Dycom Industries had a return on equity of 11.24% and a net margin of 2.01%. Dycom Industries's revenue was up 14.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.12 EPS. View Dycom Industries' Earnings History.

When is Dycom Industries' next earnings date?

Dycom Industries is scheduled to release their next quarterly earnings announcement on Tuesday, May 21st 2019. View Earnings Estimates for Dycom Industries.

How can I listen to Dycom Industries' earnings call?

Dycom Industries will be holding an earnings conference call on Tuesday, May 21st at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8002301092.

What guidance has Dycom Industries issued on next quarter's earnings?

Dycom Industries issued an update on its first quarter earnings guidance on Wednesday, February, 27th. The company provided EPS guidance of $0.34-0.56 for the period, compared to the Thomson Reuters consensus estimate of $0.74. The company issued revenue guidance of $750-800 million, compared to the consensus revenue estimate of $791.16 million.Dycom Industries also updated its Q1 2020 guidance to $0.34-0.56 EPS.

What price target have analysts set for DY?

9 equities research analysts have issued 12-month price objectives for Dycom Industries' stock. Their predictions range from $50.00 to $117.00. On average, they expect Dycom Industries' share price to reach $77.00 in the next year. This suggests a possible upside of 64.9% from the stock's current price. View Analyst Price Targets for Dycom Industries.

What is the consensus analysts' recommendation for Dycom Industries?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Dycom Industries in the last year. There are currently 1 hold rating and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Dycom Industries.

What are Wall Street analysts saying about Dycom Industries stock?

Here are some recent quotes from research analysts about Dycom Industries stock:
  • 1. According to Zacks Investment Research, "Shares of Dycom have underperformed S&P 500 in the past year. Earnings estimates for fiscal 2020 have also declined over the past 60 days, reflecting analysts' concern for the company's earnings growth potential. The company's results were negatively impacted by lower-than-expected large-scale deployments due to timing and tactical considerations. Again, under absorption of labor and field costs might continue to hurt its margins. Thus, it has lowered the mid-point of 2019 EPS view. Nonetheless, it is likely to gain from surging demand for 1-gigabit deployment and wireline networks, strong backlog, coupled with continuous contract flow in the long run. In order to expand its market share, Dycom seeks to grab opportunities by undertaking acquisitions. The company’s strong financial position and diligent operational execution allow it to undertake strategic initiatives." (4/30/2019)
  • 2. Canaccord Genuity analysts commented, "We maintain our BUY rating and $90 price target for DY following this morning’s earnings report. Despite frustrations over the disappointing 2018 results implied in guidance, we do not believe there is any change to the fundamental story and continue to believe that DY is poised to capitalize on the long-term telecom investment cycle. We expect 2019 results to reflect the initial benefits of accelerating growth." (8/29/2018)

Has Dycom Industries been receiving favorable news coverage?

News stories about DY stock have trended positive on Sunday, according to InfoTrie. The research group ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Dycom Industries earned a coverage optimism score of 2.2 on InfoTrie's scale. They also gave news stories about the construction company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the near term.

Who are some of Dycom Industries' key competitors?

Some companies that are related to Dycom Industries include MasTec (MTZ), Primoris Services (PRIM), MYR Group (MYRG), Aegion (AEGN) and Preformed Line Products (PLPC).

What other stocks do shareholders of Dycom Industries own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Dycom Industries investors own include Gilead Sciences (GILD), Broadcom (AVGO), NVIDIA (NVDA), QUALCOMM (QCOM), Intel (INTC), Micron Technology (MU), Skyworks Solutions (SWKS), Walt Disney (DIS), Edwards Lifesciences (EW) and Lam Research (LRCX).

Who are Dycom Industries' key executives?

Dycom Industries' management team includes the folowing people:
  • Mr. Steven E. Nielsen, Chairman, Pres & CEO (Age 56)
  • Mr. H. Andrew DeFerrari, Sr. VP, CFO & Treasurer (Age 50)
  • Mr. Timothy R. Estes, Exec. VP & COO (Age 65)
  • Mr. Richard B. Vilsoet, Sr. VP, Chief Legal Officer & Corp. Sec. (Age 66)
  • Mr. Scott P. Horton, VP & Chief HR Officer (Age 55)

Who are Dycom Industries' major shareholders?

Dycom Industries' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (3.62%), Northern Trust Corp (1.73%), Fifth Third Bancorp (1.50%), Geode Capital Management LLC (1.13%), OppenheimerFunds Inc. (0.94%) and Charles Schwab Investment Management Inc. (0.90%). Company insiders that own Dycom Industries stock include Patricia Higgins and Richard K Sykes. View Institutional Ownership Trends for Dycom Industries.

Which major investors are selling Dycom Industries stock?

DY stock was sold by a variety of institutional investors in the last quarter, including PNC Financial Services Group Inc., Emerald Advisers LLC, Emerald Mutual Fund Advisers Trust, Envestnet Asset Management Inc., Renaissance Technologies LLC, Scout Investments Inc., Oppenheimer Asset Management Inc. and Carillon Tower Advisers Inc.. View Insider Buying and Selling for Dycom Industries.

Which major investors are buying Dycom Industries stock?

DY stock was purchased by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Boston Partners, Dimensional Fund Advisors LP, Fifth Third Bancorp, Engine Capital Management LP, WCM Investment Management LLC, State of Wisconsin Investment Board and Smith Graham & Co. Investment Advisors LP. View Insider Buying and Selling for Dycom Industries.

How do I buy shares of Dycom Industries?

Shares of DY can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Dycom Industries' stock price today?

One share of DY stock can currently be purchased for approximately $46.69.

How big of a company is Dycom Industries?

Dycom Industries has a market capitalization of $1.47 billion and generates $3.13 billion in revenue each year. The construction company earns $62.91 million in net income (profit) each year or $2.78 on an earnings per share basis. Dycom Industries employs 14,920 workers across the globe.

What is Dycom Industries' official website?

The official website for Dycom Industries is http://www.dycomind.com.

How can I contact Dycom Industries?

Dycom Industries' mailing address is 11780 U.S. HIGHWAY 1 SUITE 600, PALM BEACH GARDENS FL, 33408. The construction company can be reached via phone at 561-627-7171 or via email at [email protected]


MarketBeat Community Rating for Dycom Industries (NYSE DY)

Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  514 (Vote Outperform)
Underperform Votes:  339 (Vote Underperform)
Total Votes:  853
MarketBeat's community ratings are surveys of what our community members think about Dycom Industries and other stocks. Vote "Outperform" if you believe DY will outperform the S&P 500 over the long term. Vote "Underperform" if you believe DY will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/19/2019 by MarketBeat.com Staff

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