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.
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 Ratio0.93
Current Ratio3.24
Quick Ratio2.96
Price-To-Earnings
Trailing P/E Ratio26.18
Forward P/E Ratio24.79
P/E Growth3.07
Sales & Book Value
Annual Sales$3.07 billion
Price / Sales0.71
Cash Flow$7.5183 per share
Price / Cash9.30
Book Value$19.55 per share
Price / Book3.58
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$23.66 million
Net Margins3.94%
Return on Equity12.07%
Return on Assets4.71%
Miscellaneous
Employees14,225
Outstanding Shares31,240,000
Market Cap$2.30 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 has authorized a share repurchase plan on Wednesday, August 29th 2018, which permits the company to buyback $150,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to purchase up to 6.3% of its stock through open market purchases. Stock buyback plans are often an indication that the company's board believes its shares are undervalued.
How were Dycom Industries' earnings last quarter?
Dycom Industries, Inc. (NYSE:DY) posted its quarterly earnings data on Wednesday, August, 29th. The construction company reported $1.05 earnings per share (EPS) for the quarter, hitting the Thomson Reuters' consensus estimate of $1.05. The construction company earned $799.50 million during the quarter, compared to analysts' expectations of $799.51 million. Dycom Industries had a return on equity of 12.07% and a net margin of 3.94%. The company's quarterly revenue was up 2.5% on a year-over-year basis. During the same period last year, the company posted $1.47 earnings per share. View Dycom Industries' Earnings History.
When is Dycom Industries' next earnings date?
What guidance has Dycom Industries issued on next quarter's earnings?
Dycom Industries updated its FY19 earnings guidance on Wednesday, August, 29th. The company provided earnings per share (EPS) guidance of $2.62-3.07 for the period, compared to the Thomson Reuters consensus estimate of $2.84. The company issued revenue guidance of $3.01-3.11 billion, compared to the consensus revenue estimate of $3.05 billion.Dycom Industries also updated its Q3 guidance to $0.80-1.04 EPS.
What price target have analysts set for DY?
9 brokerages have issued 12-month target prices for Dycom Industries' stock. Their forecasts range from $77.00 to $140.00. On average, they expect Dycom Industries' share price to reach $99.7778 in the next year. This suggests a possible upside of 42.7% 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?
Media headlines about DY stock have been trending neutral on Wednesday, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of press coverage by monitoring more than six thousand news and blog sources in real time. 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 daily sentiment score of 0.3 on InfoTrie's scale. They also assigned news headlines about the construction company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the next few days.
Who are some of Dycom Industries' key competitors?
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 number of of retail and institutional investors. Top institutional investors include Alliancebernstein L.P. (3.78%), RE Advisers Corp (3.66%), Schroder Investment Management Group (2.97%), Dimensional Fund Advisors LP (2.93%), Wells Fargo & Company MN (1.64%) and American Century Companies Inc. (1.47%). 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, Gamco Investors INC. ET AL, RE Advisers Corp, Oppenheimer Asset Management Inc., Northeast Investment Management, Scoggin Management LP, Callahan Advisors LLC and First Trust Advisors LP. 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 Schroder Investment Management Group, American Century Companies Inc., Scout Investments Inc., Chartwell Investment Partners LLC, Canada Pension Plan Investment Board, Renaissance Technologies LLC, Carillon Tower Advisers Inc. and Pembroke Management LTD. 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 $69.92.
How big of a company is Dycom Industries?
Dycom Industries has a market capitalization of $2.30 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?
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)
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.
