Dycom Industries Stock Forecast, Price & News

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Dycom Industries in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Dycom Industries stock.
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Dycom Industries saw a decrease in short interest in the month of July. As of July 15th, there was short interest totaling 958,000 shares, a decrease of 12.9% from the June 30th total of 1,100,000 shares. Based on an average trading volume of 371,200 shares, the short-interest ratio is currently 2.6 days. Currently, 3.2% of the company's shares are sold short.
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Dycom Industries is scheduled to release its next quarterly earnings announcement on Wednesday, August 25th 2021.
View our earnings forecast for Dycom Industries.

Dycom Industries, Inc. (NYSE:DY) announced its quarterly earnings data on Monday, May, 24th. The construction company reported ($0.04) earnings per share for the quarter, missing analysts' consensus estimates of $0.06 by $0.10. The construction company earned $727.50 million during the quarter, compared to analyst estimates of $763.96 million. Dycom Industries had a trailing twelve-month return on equity of 8.08% and a net margin of 2.17%. The firm's quarterly revenue was down 10.7% on a year-over-year basis. During the same quarter last year, the business earned $0.36 earnings per share.
View Dycom Industries' earnings history.

Dycom Industries' stock was trading at $18.04 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, DY stock has increased by 292.2% and is now trading at $70.75.
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6 Wall Street analysts have issued 12 month target prices for Dycom Industries' shares. Their forecasts range from $86.00 to $110.00. On average, they anticipate Dycom Industries' stock price to reach $95.80 in the next twelve months. This suggests a possible upside of 35.4% from the stock's current price.
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48 employees have rated Dycom Industries CEO Steven E. Nielsen on Glassdoor.com. Steven E. Nielsen has an approval rating of 59% among Dycom Industries' employees. This puts Steven E. Nielsen in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to Dycom Industries include Quanta Services (PWR), AECOM (ACM), MasTec (MTZ), EMCOR Group (EME), KBR (KBR), Ameresco (AMRC), Comfort Systems USA (FIX), Fluor (FLR), Granite Construction (GVA), Primoris Services (PRIM), MYR Group (MYRG), Great Lakes Dredge & Dock (GLDD), Tutor Perini (TPC), Argan (AGX) and Sterling Construction (STRL).
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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), The Walt Disney (DIS), Micron Technology (MU), AT&T (T), Cisco Systems (CSCO) and Intel (INTC).

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

Dycom Industries' stock is owned by a number of retail and institutional investors. Top institutional investors include Chartwell Investment Partners LLC (0.86%), Peregrine Capital Management LLC (0.42%), Alliancebernstein L.P. (0.38%), Scout Investments Inc. (0.37%), Pinnacle Associates Ltd. (0.29%) and New York State Common Retirement Fund (0.08%). Company insiders that own Dycom Industries stock include Patricia Higgins, Sharon Villaverde, Steven E Nielsen and Timothy R Estes.
View institutional ownership trends for Dycom Industries.

DY stock was sold by a variety of institutional investors in the last quarter, including Chartwell Investment Partners LLC, Scout Investments Inc., Peregrine Capital Management LLC, Sheets Smith Wealth Management, State of Michigan Retirement System, Cutler Group LP, New York State Common Retirement Fund, and Pinnacle Associates Ltd.. Company insiders that have sold Dycom Industries company stock in the last year include Patricia Higgins, Sharon Villaverde, and Timothy R Estes.
View insider buying and selling activity for Dycom Industries or view top insider-selling stocks.

DY stock was acquired by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., Zurcher Kantonalbank Zurich Cantonalbank , RE Advisers Corp, Arkadios Wealth Advisors, Handelsbanken Fonder AB, Key Financial Inc, Eagle Bay Advisors LLC, and New Mexico Educational Retirement Board.
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Shares of DY 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.
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One share of DY stock can currently be purchased for approximately $70.75.

Dycom Industries has a market capitalization of $2.18 billion and generates $3.20 billion in revenue each year. The construction company earns $34.34 million in net income (profit) each year or $2.54 on an earnings per share basis.

Dycom Industries employs 14,276 workers across the globe.

The official website for Dycom Industries is www.dycomind.com.

Dycom Industries is headquartered at 11780 U.S. HIGHWAY 1 SUITE 600, PALM BEACH GARDENS FL, 33408.

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]