Dycom Industries Stock Price, News & Analysis (NYSE:DY)

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Dycom Industries in the last twelve months. There are currently 1 hold rating, 5 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" DY shares.
View DY analyst ratings or view top-rated stocks.

7 Wall Street research analysts have issued 12 month target prices for Dycom Industries' stock. Their DY share price targets range from $101.00 to $127.00. On average, they expect the company's stock price to reach $119.50 in the next twelve months. This suggests a possible upside of 10.2% from the stock's current price.
View analysts price targets for DY or view top-rated stocks among Wall Street analysts.

Dycom Industries' stock was trading at $93.60 at the beginning of 2023. Since then, DY stock has increased by 15.9% and is now trading at $108.48.
View the best growth stocks for 2023 here.

Dycom Industries saw a decline in short interest during the month of October. As of October 31st, there was short interest totaling 1,690,000 shares, a decline of 11.5% from the October 15th total of 1,910,000 shares. Based on an average daily volume of 294,400 shares, the short-interest ratio is currently 5.7 days. Approximately 6.0% of the shares of the company are sold short.
View Dycom Industries' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 6th 2024.
View our DY earnings forecast.

Dycom Industries, Inc. (NYSE:DY) announced its quarterly earnings data on Tuesday, November, 21st. The construction company reported $2.82 EPS for the quarter, topping the consensus estimate of $1.75 by $1.07. The construction company earned $1.14 billion during the quarter, compared to the consensus estimate of $1.07 billion. Dycom Industries had a net margin of 5.32% and a trailing twelve-month return on equity of 23.29%. The company's quarterly revenue was up 9.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.69 earnings per share.

ETFs with the largest weight of Dycom Industries (NYSE:DY) stock in their portfolio include First Trust RBA American Industrial Renaissance ETF (AIRR), Invesco S&P SmallCap Industrials ETF (PSCI), Fidelity Disruptive Communications ETF (FDCF), SPDR S&P 600 Small Cap ETF (SLY) and Vanguard S&P Small-Cap 600 ETF (VIOO).Schwab Fundamental U.S. Small Company Index ETF (FNDA) and

48 employees have rated Dycom Industries Chief Executive Officer Steven E. Nielsen on Glassdoor.com. Steven E. Nielsen has an approval rating of 59% among the company's employees. This puts Steven E. Nielsen in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Dycom Industries investors own include Gilead Sciences (GILD), QUALCOMM (QCOM), AbbVie (ABBV), NVIDIA (NVDA), Broadcom (AVGO), Walt Disney (DIS), Micron Technology (MU), AT&T (T), Cisco Systems (CSCO) and Intel (INTC).

Dycom Industries' stock is owned by a variety of institutional and retail investors. Top institutional investors include Peconic Partners LLC (11.06%), Principal Financial Group Inc. (3.56%), FMR LLC (2.30%), Charles Schwab Investment Management Inc. (1.37%), Neumeier Poma Investment Counsel LLC (1.26%) and Bank of New York Mellon Corp (1.23%). Insiders that own company stock include Dwight B Duke, H Andrew Deferrari, Jason T Lawson, Patricia Higgins, Richard K Sykes, Ryan F Urness, Sharon Villaverde, Steven E Nielsen and Timothy R Estes.
View institutional ownership trends.

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