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

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$82.84 +0.06 (+0.07 %)
(As of 09/18/2018 02:01 PM ET)
Previous Close$82.67
Today's Range$82.38 - $82.99
52-Week Range$67.15 - $123.99
Volume12,694 shs
Average Volume626,126 shs
Market Capitalization$2.59 billion
P/E Ratio29.52
Dividend YieldN/A
Beta1.24
Dycom Industries logoDycom 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
SymbolNYSE:DY
CUSIP26747510
Phone561-627-7171

Debt

Debt-to-Equity Ratio0.93
Current Ratio3.24
Quick Ratio2.96

Price-To-Earnings

Trailing P/E Ratio29.52
Forward P/E Ratio29.38
P/E Growth2.39

Sales & Book Value

Annual Sales$3.07 billion
Price / Sales0.84
Cash Flow$7.8970 per share
Price / Cash10.49
Book Value$19.55 per share
Price / Book4.24

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$2.59 billion

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 authorized a stock buyback plan on Wednesday, August 29th 2018, which permits the company to repurchase $150,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy up to 6.3% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company's leadership believes its shares are undervalued.

How were Dycom Industries' earnings last quarter?

Dycom Industries, Inc. (NYSE:DY) issued its quarterly earnings results on Wednesday, August, 29th. The construction company reported $1.05 earnings per share (EPS) for the quarter, meeting the Thomson Reuters' consensus estimate of $1.05. The construction company earned $799.50 million during the quarter, compared to analyst estimates of $799.51 million. Dycom Industries had a net margin of 3.94% and a return on equity of 12.07%. The firm's quarterly revenue was up 2.5% compared to the same quarter last year. During the same period last year, the business earned $1.47 EPS. View Dycom Industries' Earnings History.

When is Dycom Industries' next earnings date?

Dycom Industries is scheduled to release their next quarterly earnings announcement on Monday, November, 19th 2018. View Earnings Estimates for Dycom Industries.

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

Dycom Industries issued an update on its FY19 earnings guidance on Wednesday, August, 29th. The company provided earnings per share 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 analysts have issued twelve-month target prices for Dycom Industries' stock. Their forecasts range from $75.00 to $140.00. On average, they anticipate Dycom Industries' stock price to reach $98.7778 in the next twelve months. This suggests a possible upside of 19.2% 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. 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)
  • 2. According to Zacks Investment Research, "Going forward, favorable industry trends like surging demand for 1-gigabit deployment, huge investment in wireline networks and cable capacity bodes well for Dycom. Also, the company’s earnings estimates have moved north in the past 30 days. However, over the past six months, the company’s shares have significantly underperformed the industry average. Initiations of large-scale network deployments, particularly those occurring during periods of customer M&A activity, remain vulnerable to timing uncertainty. Also, the company’s margins will likely suffer due to timing volatility, customer spending modulations and under absorption of labor and field costs. Moreover, the company slashed guidance for fiscal 2019. This apart, stiff competition as well as the dynamic nature of the U.S. telecommunications industry poses as headwinds for the company." (8/6/2018)

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)

Has Dycom Industries been receiving favorable news coverage?

News articles about DY stock have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research group identifies negative and positive press coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Dycom Industries earned a media and rumor sentiment score of 0.18 on Accern's scale. They also assigned media coverage about the construction company an impact score of 46.57 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near future. View Recent Headlines for Dycom Industries.

Who are Dycom Industries' major shareholders?

Dycom Industries' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include RE Advisers Corp (4.01%), Dimensional Fund Advisors LP (2.94%), Advisors Asset Management Inc. (2.52%), Schroder Investment Management Group (2.30%), Schroder Investment Management Group (2.30%) and Glenmede Trust Co. NA (2.03%). 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 RE Advisers Corp, Waddell & Reed Financial Inc., Aristotle Capital Boston LLC, Keybank National Association OH, Maplelane Capital LLC, Scout Investments Inc., First Republic Investment Management Inc. and Carillon Tower Advisers Inc.. 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 Advisors Asset Management Inc., Schroder Investment Management Group, Schroder Investment Management Group, Zweig DiMenna Associates LLC, Delek Group Ltd., Glenmede Trust Co. NA, OppenheimerFunds Inc. and American Century Companies Inc.. 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 $82.84.

How big of a company is Dycom Industries?

Dycom Industries has a market capitalization of $2.59 billion and generates $3.07 billion in revenue each year. Dycom Industries employs 14,225 workers across the globe.

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:  452 (Vote Outperform)
Underperform Votes:  273 (Vote Underperform)
Total Votes:  725
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 9/18/2018 by MarketBeat.com Staff

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