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NYSE:DY

Dycom Industries (DY) Stock Price, News & Analysis

$166.93
+12.53 (+8.12%)
(As of 05/22/2024 ET)
Today's Range
$161.15
$170.39
50-Day Range
$134.75
$166.93
52-Week Range
$78.42
$170.39
Volume
627,623 shs
Average Volume
250,131 shs
Market Capitalization
$4.86 billion
P/E Ratio
22.65
Dividend Yield
N/A
Price Target
$147.17

Dycom Industries MarketRank™ Stock Analysis

Analyst Rating
Buy
3.14 Rating Score
Upside/​Downside
11.8% Downside
$147.17 Price Target
Short Interest
Bearish
5.45% of Float Sold Short
Dividend Strength
N/A
Sustainability
-2.01
Upright™ Environmental Score
News Sentiment
0.74mentions of Dycom Industries in the last 14 days
Based on 19 Articles This Week
Insider Trading
Selling Shares
$30,859 Sold Last Quarter
Proj. Earnings Growth
17.23%
From $7.14 to $8.37 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.31 out of 5 stars

Construction Sector

52nd out of 97 stocks

Water, Sewer, & Utility Lines Industry

2nd out of 4 stocks

DY stock logo

About Dycom Industries Stock (NYSE:DY)

Dycom Industries, Inc. provides specialty contracting services to the telecommunications infrastructure and utility industries in the United States. The company offers engineering services to telecommunications providers, including the planning and design of aerial, underground, and buried fiber optic, copper, and coaxial cable systems; wireless networks in connection with the deployment of macro cell and new small cell sites; and program and project management and inspection personnel. It also provides construction, maintenance, and installation services for telephone companies and cable multiple system operators, such as placement and splicing of copper, fiber, and coaxial cables; tower construction, lines and antenna installation, foundation and equipment pad construction, and small cell site placement for wireless carriers, as well as equipment installation and material fabrication, and site testing services; underground facility locating services comprising locating telephone, cable television, power, water, sewer, and gas lines; installation and maintenance of customer premise equipment, including digital video recorders, set top boxes, and modems for cable system operators; and construction and maintenance services for electric and gas utilities, and other customers. Dycom Industries, Inc. was incorporated in 1969 and is headquartered in Palm Beach Gardens, Florida.

DY Stock Price History

DY Stock News Headlines

Dycom Industries Q1 Earnings and Revenues Beat Estimates
Dycom Shares Rise In Pre-Market On Upbeat Q1 Results
Dycom Industries (NYSE:DY) Sets New 52-Week High on Analyst Upgrade
Dycom Industries earnings: here's what to expect
Dycom Industries (DY) to Release Earnings on Wednesday
Dycom Industries Inc DYI
3 Infrastructure Stocks to Add to Your April Buy List
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See More Headlines
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Company Calendar

Last Earnings
2/28/2024
Today
5/23/2024
Fiscal Year End
1/31/2025

Industry, Sector and Symbol

Industry
Water, sewer, & utility lines
Sub-Industry
Construction & Engineering
CUSIP
26747510
Employees
15,611
Year Founded
1969

Price Target and Rating

Average Stock Price Target
$147.17
High Stock Price Target
$175.00
Low Stock Price Target
$120.00
Potential Upside/Downside
-11.8%
Consensus Rating
Buy
Rating Score (0-4)
3.14
Research Coverage
7 Analysts

Profitability

Net Income
$218.92 million
Pretax Margin
6.99%

Debt

Sales & Book Value

Annual Sales
$4.18 billion
Cash Flow
$14.53 per share
Book Value
$36.25 per share

Miscellaneous

Free Float
27,847,000
Market Cap
$4.86 billion
Optionable
Optionable
Beta
1.37

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DY Stock Analysis - Frequently Asked Questions

Should I buy or sell Dycom Industries stock right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Dycom Industries in the last year. There are currently 6 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" DY shares.
View DY analyst ratings
or view top-rated stocks.

What is Dycom Industries' stock price target for 2024?

7 brokers have issued 1 year price targets for Dycom Industries' stock. Their DY share price targets range from $120.00 to $175.00. On average, they expect the company's share price to reach $147.17 in the next year. This suggests that the stock has a possible downside of 11.8%.
View analysts price targets for DY
or view top-rated stocks among Wall Street analysts.

How have DY shares performed in 2024?

Dycom Industries' stock was trading at $115.09 on January 1st, 2024. Since then, DY stock has increased by 45.0% and is now trading at $166.93.
View the best growth stocks for 2024 here
.

How were Dycom Industries' earnings last quarter?

Dycom Industries, Inc. (NYSE:DY) announced its quarterly earnings results on Wednesday, February, 28th. The construction company reported $0.79 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.94 by $0.15. The construction company earned $952.50 million during the quarter, compared to the consensus estimate of $968.87 million. Dycom Industries had a trailing twelve-month return on equity of 22.06% and a net margin of 5.24%. The firm's revenue was up 3.8% compared to the same quarter last year. During the same period in the previous year, the company posted $0.83 earnings per share.

What is Steven E. Nielsen's approval rating as Dycom Industries' CEO?

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.

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), QUALCOMM (QCOM), AbbVie (ABBV), NVIDIA (NVDA), Broadcom (AVGO), Walt Disney (DIS), Micron Technology (MU), AT&T (T), Cisco Systems (CSCO) and Intel (INTC).

Who are Dycom Industries' major shareholders?

Dycom Industries' stock is owned by a number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (10.99%), Principal Financial Group Inc. (2.76%), Appian Way Asset Management LP (0.68%), Mirae Asset Global Investments Co. Ltd. (0.49%), Sei Investments Co. (0.41%) and Scout Investments Inc. (0.32%). Insiders that own company stock include Dwight B Duke, H Andrew Deferrari, Jason T Lawson, Richard K Sykes, Ryan F Urness, Sharon Villaverde and Steven E Nielsen.
View institutional ownership trends
.

How do I buy shares of Dycom Industries?

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

Does Dycom Industries have any subsidiaries?
The following companies are subsidiares of Dycom Industries: Ansco & Associates LLC, Arguss Communications Inc, Blair Park Services LLC, Broadband Express LLC, C-2 Utility Contractors LLC, CABLECOM LLC, CableCom LLC, Cavo Broadband Communications LLC, CertusView Technologies LLC, Communications Construction Group LLC, Dycom Capital Management Inc., Dycom Corporate Identity Inc., Dycom Identity LLC, Dycom Investments Inc., Engineering Associates LLC, Ervin Cable Construction LLC, Fiber Technologies Solutions LLC, Globe Communications LLC, Golden State Utility Co., Goodman Networks Inc, Installation Technicians Inc, Ivy H. Smith Company LLC, Kanaan Communications LLC, Lambert’s Cable Splicing Company LLC, Locating Inc., NeoCom Solutions, NeoCom Solutions LLC, Nichols Construction LLC, Niels Fugal Sons Company LLC, North Sky Communications LLC, Parkside Site & Utility Company Corporation, Parkside Utility Construction LLC, Pauley Construction LLC, Point To Point Communications, Precision Valley Communications of Vermont LLC, Prince Telecom Inc., Prince Telecom LLC, Professional Teleconcepts LLC, RJE Telecom LLC, Sage Telecommunications Corp. of Colorado LLC, Star Construction LLC, TCS Communications LLC, TelCom Construction, TelCom Construction LLC, Tesinc LLC, Texstar Enterprises LLC, Tjader & Highstrom Utility Services LLC, Trawick Construction Company LLC, Triple-D Communications LLC, UtiliQuest LLC, UtiliQuest LLC, VCI Construction LLC, VCI Utility Services LLC, and White Mountain Cable Construction LLC.
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This page (NYSE:DY) was last updated on 5/23/2024 by MarketBeat.com Staff

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