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

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$56.61 +2.13 (+3.91 %)
(As of 12/13/2018 04:31 AM ET)
Previous Close$54.48
Today's Range$55.58 - $57.44
52-Week Range$53.86 - $123.99
Volume589,638 shs
Average Volume543,631 shs
Market Capitalization$1.76 billion
P/E Ratio20.06
Dividend YieldN/A
Beta1.44
Dycom Industries, Inc. provides specialty contracting services in the United States and Canada. 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

Stock Exchange NYSE
Industry Water, sewer, & utility lines
Sub-IndustryConstruction & Engineering
SectorConstruction
Current SymbolNYSE:DY
Previous Symbol
CUSIP26747510
Phone561-627-7171

Debt

Debt-to-Equity Ratio1.06
Current Ratio3.78
Quick Ratio3.48

Price-To-Earnings

Trailing P/E Ratio20.06
Forward P/E Ratio20.00
P/E Growth2.34

Sales & Book Value

Annual Sales$3.07 billion
Price / Sales0.58
Cash Flow$7.9732 per share
Price / Cash Flow7.10
Book Value$19.55 per share
Price / Book2.90

Profitability

EPS (Most Recent Fiscal Year)N/A
Net Income$23.66 million
Net Margins3.79%
Return on Equity11.38%
Return on Assets4.48%

Miscellaneous

Employees14,225
Outstanding Shares31,300,000
Market Cap$1.76 billion
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 approved a stock repurchase plan on Wednesday, August 29th 2018, which allows the company to buyback $150,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to repurchase up to 6.3% of its stock through open market purchases. Stock buyback plans are often an indication that the company's management believes its stock is undervalued.

How were Dycom Industries' earnings last quarter?

Dycom Industries, Inc. (NYSE:DY) issued its quarterly earnings data on Tuesday, November, 20th. The construction company reported $0.98 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.90 by $0.08. The construction company earned $848.20 million during the quarter, compared to analyst estimates of $806.88 million. Dycom Industries had a return on equity of 11.38% and a net margin of 3.79%. The business's revenue for the quarter was up 12.2% on a year-over-year basis. During the same period last year, the firm posted $0.99 EPS. View Dycom Industries' Earnings History.

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

Dycom Industries issued an update on its fourth quarter earnings guidance on Tuesday, November, 20th. The company provided EPS guidance of $0.02-0.24 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.23. The company issued revenue guidance of $695-745 million, compared to the consensus revenue estimate of $716.27 million.Dycom Industries also updated its FY 2019 guidance to $2.70-2.92 EPS.

What price target have analysts set for DY?

9 analysts have issued twelve-month target prices for Dycom Industries' stock. Their forecasts range from $77.00 to $140.00. On average, they expect Dycom Industries' stock price to reach $99.1111 in the next year. This suggests a possible upside of 75.1% 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 3 hold ratings and 6 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, "Dycom is likely to gain from surging demand for 1-gigabit deployment and wireline networks, strong backlog and continuous contract flows in the long run. Moreover, with the commencement of new contracts, the company expects engineering and construction work to gain strong momentum in the coming quarters. In order to expand its market share, the company seeks to grab opportunities by undertaking acquisitions. Its strong financial position, coupled with diligent operational execution, allows it to undertake strategic initiatives. Although shares of Dycom have declined in the past year, it may return to the growth trajectory in the near term." (11/13/2018)
  • 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?

Press coverage about DY stock has trended neutral recently, InfoTrie reports. The research firm rates the sentiment of press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Dycom Industries earned a daily sentiment score of 0.3 on InfoTrie's scale. They also gave press coverage about the construction company a news buzz of 2.0 out of 10, indicating that recent press coverage is very unlikely to have an impact on the stock's share price in the next few days.

Who are some of Dycom Industries' key competitors?

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

Who are Dycom Industries' key executives?

Dycom Industries' management team includes the folowing people:
  • Mr. Steven E. Nielsen, Chairman, Pres & CEO (Age 55)
  • Mr. H. Andrew DeFerrari, Sr. VP, CFO & Treasurer (Age 49)
  • Mr. Timothy R. Estes, Exec. VP & COO (Age 64)
  • Mr. Richard B. Vilsoet, VP, Gen. Counsel & Corp. Sec. (Age 65)
  • Ms. Rebecca Brightly Roach, VP & Chief Accounting Officer (Age 43)

Who are Dycom Industries' major shareholders?

Dycom Industries' stock is owned by a variety of of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (8.64%), Alliancebernstein L.P. (3.78%), RE Advisers Corp (3.66%), Schroder Investment Management Group (2.97%), Dimensional Fund Advisors LP (2.93%) and Glenmede Trust Co. NA (1.96%). Company insiders that own Dycom Industries stock include Patricia Higgins, Rebecca Brightly Roach, Richard B Vilsoet 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 Wells Fargo & Company MN, Jane Street Group LLC, Gamco Investors INC. ET AL, RE Advisers Corp, Oppenheimer Asset Management Inc., Northeast Investment Management, Scoggin Management LP and Callahan Advisors LLC. View Insider Buying and Selling for Dycom Industries.

Which major investors are buying Dycom Industries stock?

DY stock was bought by a variety of institutional investors in the last quarter, including Schroder Investment Management Group, Clearbridge Investments LLC, 1060 Capital LLC, American Century Companies Inc., Scout Investments Inc., Chartwell Investment Partners LLC, Canada Pension Plan Investment Board and Renaissance Technologies LLC. 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 $56.61.

How big of a company is Dycom Industries?

Dycom Industries has a market capitalization of $1.76 billion and generates $3.07 billion in revenue each year. Dycom Industries employs 14,225 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:  3.1 out of 5 (star star star)
Outperform Votes:  487 (Vote Outperform)
Underperform Votes:  311 (Vote Underperform)
Total Votes:  798
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 12/13/2018 by MarketBeat.com Staff

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