NYSE:DY - Dycom Industries Stock Price, Price Target & More

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

Dycom Industries announced that its board has initiated a stock repurchase plan on Wednesday, April 12th 2017, which authorizes the company to buyback $75,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to buy up to 2.5% of its stock through open market purchases. Stock buyback plans are usually an indication that the company's board of directors believes its stock is undervalued.

Dycom Industries, Inc. (NYSE:DY) announced its earnings results on Tuesday, May, 22nd. The construction company reported $0.65 earnings per share for the quarter, missing the consensus estimate of $0.69 by $0.04. The construction company had revenue of $731.40 million for the quarter, compared to analyst estimates of $734.89 million. Dycom Industries had a return on equity of 14.59% and a net margin of 4.44%. Dycom Industries's quarterly revenue was down 7.0% compared to the same quarter last year. During the same quarter last year, the company earned $1.30 earnings per share. View Dycom Industries' Earnings History.

Dycom Industries is scheduled to release their next quarterly earnings announcement on Tuesday, August, 28th 2018. View Earnings Estimates for Dycom Industries.

Dycom Industries updated its FY19 earnings guidance on Tuesday, May, 22nd. The company provided earnings per share guidance of $4.26-5.15 for the period, compared to the Thomson Reuters consensus EPS estimate of $5.71. The company issued revenue guidance of $3.23-3.43 billion, compared to the consensus revenue estimate of $3.39 billion.Dycom Industries also updated its Q2 guidance to $1.13-1.28 EPS.

10 brokerages have issued twelve-month target prices for Dycom Industries' shares. Their predictions range from $100.00 to $140.00. On average, they anticipate Dycom Industries' stock price to reach $115.40 in the next year. This suggests a possible upside of 19.0% from the stock's current price. View Analyst Ratings for Dycom Industries.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Dycom Industries in the last year. There are currently 1 hold rating and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

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

News headlines about DY stock have trended somewhat negative recently, according to Accern Sentiment Analysis. The research firm identifies negative and positive press coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Dycom Industries earned a media sentiment score of -0.01 on Accern's scale. They also assigned media stories about the construction company an impact score of 45.76 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near future.

Dycom Industries' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Scout Investments Inc. (0.66%), Peregrine Capital Management LLC (0.56%), New England Research & Management Inc. (0.05%), Harbour Capital Advisors LLC (0.04%), Atria Investments LLC (0.02%) and CenterStar Asset Management LLC (0.00%). 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.

DY stock was sold by a variety of institutional investors in the last quarter, including Scout Investments Inc.. View Insider Buying and Selling for Dycom Industries.

DY stock was bought by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC, New England Research & Management Inc., CenterStar Asset Management LLC, Atria Investments LLC and Harbour Capital Advisors LLC. View Insider Buying and Selling for 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.

One share of DY stock can currently be purchased for approximately $96.97.

Dycom Industries has a market capitalization of $3.09 billion and generates $3.07 billion in revenue each year. Dycom Industries employs 14,225 workers across the globe.

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]