NYSE:DYDycom Industries Stock Price, Forecast & News

$44.13

+1.73 (+4.08 %)

(As of 06/5/2020 12:43 PM ET)

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Today's Range

$43.75

Now: $44.13▼

$45.94

50-Day Range

$25.66

MA: $33.12▼

$46.02

52-Week Range

$12.24

Now: $44.13▼

$60.55

Volume17,394 shs

Average Volume725,328 shs

Market Capitalization$1.40 billion

P/E Ratio137.91

Dividend YieldN/A

Beta1.49

Dycom Industries, Inc. provides specialty contracting services in the United States. 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.

Beat the Market (BTM) Rank^™

2.5 Analyst's Opinion

Consensus Rating
Dycom Industries has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 8 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $45.25, Dycom Industries has a potential upside of 2.6% from its current price of $44.12.
Amount of Analyst Coverage
Dycom Industries has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0 Community Rank

Outperform Votes
Dycom Industries has received 601 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Dycom Industries has received 401 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Dycom Industries has received 59.98% “outperform” votes from our community.

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.

0.0 Dividend Strength

Dividend Yield
Dycom Industries does not currently pay a dividend.
Dividend Growth
Dycom Industries does not have a long track record of dividend growth.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Dycom Industries insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $8,020,554.00 in company stock.
Percentage Held by Insiders
Only 5.66% of the stock of Dycom Industries is held by insiders.
Percentage Held by Institutions
98.00% of the stock of Dycom Industries is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3 Earnings and Valuation

Earnings Growth
Earnings for Dycom Industries are expected to grow by 37.37% in the coming year, from $1.98 to $2.72 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Dycom Industries is 137.88, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 16.35.
Price to Earnings Ratio vs. Sector
The P/E ratio of Dycom Industries is 137.88, which means that it is trading at a more expensive P/E ratio than the Construction sector average P/E ratio of about 40.57.
Price to Book Value per Share Ratio
Dycom Industries has a P/B Ratio of 1.67. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.55 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Water, sewer, & utility lines

Sub-IndustryConstruction & Engineering

SectorConstruction

Current SymbolNYSE:DY

Previous Symbol

CUSIP26747510

CIK67215

Webwww.dycomind.com

Phone561-627-7171

Debt

Debt-to-Equity Ratio1.69

Current Ratio4.51

Quick Ratio4.29

Price-To-Earnings

Trailing P/E Ratio137.91

Forward P/E Ratio22.29

P/E GrowthN/A

Sales & Book Value

Annual Sales$3.34 billion

Price / Sales0.42

Cash Flow$8.62 per share

Price / Cash Flow5.12

Book Value$26.36 per share

Price / Book1.67

Profitability

EPS (Most Recent Fiscal Year)$2.27

Net Income$57.22 million

Net Margins0.32%

Return on Equity7.78%

Return on Assets2.74%

Miscellaneous

Employees15,230

Outstanding Shares31,640,000

Market Cap$1.40 billion

Next Earnings Date8/26/2020 (Estimated)

OptionableOptionable

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Dycom Industries (NYSE:DY) Frequently Asked Questions

How has Dycom Industries' stock been impacted by COVID-19 (Coronavirus)?

Dycom Industries' stock was trading at $18.04 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, DY shares have increased by 144.6% and is now trading at $44.12. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Dycom Industries?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Dycom Industries in the last year. There are currently 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Dycom Industries.

When is Dycom Industries' next earnings date?

Dycom Industries is scheduled to release its next quarterly earnings announcement on Wednesday, August 26th 2020. View our earnings forecast for Dycom Industries.

How were Dycom Industries' earnings last quarter?

Dycom Industries, Inc. (NYSE:DY) announced its quarterly earnings results on Tuesday, May, 19th. The construction company reported $0.36 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of ($0.06) by $0.42. The construction company had revenue of $814.30 million for the quarter, compared to the consensus estimate of $747.03 million. Dycom Industries had a net margin of 0.32% and a return on equity of 7.78%. The business's revenue for the quarter was down 2.3% on a year-over-year basis. During the same quarter last year, the firm earned $0.53 EPS. View Dycom Industries' earnings history.

How will Dycom Industries' stock buyback program work?

Dycom Industries declared that its board has approved a stock repurchase program on Wednesday, August 29th 2018, which authorizes the company to buyback $150,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 6.3% of its stock through open market purchases. Stock buyback programs are usually an indication that the company's board of directors believes its stock is undervalued.

What price target have analysts set for DY?

8 analysts have issued 1-year price objectives for Dycom Industries' stock. Their forecasts range from $35.00 to $52.50. On average, they expect Dycom Industries' share price to reach $45.25 in the next twelve months. This suggests a possible upside of 2.6% from the stock's current price. View analysts' price targets for Dycom Industries.

Has Dycom Industries been receiving favorable news coverage?

Media stories about DY stock have trended somewhat positive on Friday, according to InfoTrie. InfoTrie identifies negative and positive media 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 negative five to positive five, with scores closest to five being the most favorable. Dycom Industries earned a news sentiment score of 0.8 on InfoTrie's scale. They also assigned media stories about the construction company a news buzz of 3.0 out of 10, meaning that recent media coverage is unlikely to have an effect on the company's share price in the next several days. View the latest news aboutDycom Industries.

Are investors shorting Dycom Industries?

Dycom Industries saw a decline in short interest during the month of April. As of April 30th, there was short interest totaling 3,560,000 shares, a decline of 5.6% from the April 15th total of 3,770,000 shares. Based on an average trading volume of 814,800 shares, the short-interest ratio is currently 4.4 days. Approximately 11.8% of the shares of the stock are short sold. View Dycom Industries' Current Options Chain.

Who are some of Dycom Industries' key competitors?

Some companies that are related to Dycom Industries include Jacobs Engineering Group (JEC), Aecom (ACM), Quanta Services (PWR), Emcor Group (EME), KBR (KBR), MasTec (MTZ), Fluor Co. (NEW) (FLR), Comfort Systems USA (FIX), Ameresco (AMRC), Granite Construction (GVA), Primoris Services (PRIM), Great Lakes Dredge & Dock (GLDD), Argan (AGX), Tutor Perini (TPC) and MYR Group (MYRG). View all competitors.

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 Broadcom (AVGO), Gilead Sciences (GILD), Walt Disney (DIS), NVIDIA (NVDA), QUALCOMM (QCOM), AbbVie (ABBV), Bank of America (BAC), Intel (INTC), Micron Technology (MU) and Starbucks (SBUX).

Who are Dycom Industries' key executives?

Dycom Industries' management team includes the following people:

Mr. Steven E. Nielsen, Chairman, Pres & CEO (Age 56)
Mr. H. Andrew DeFerrari, Sr. VP, CFO & Treasurer (Age 50)
Mr. Timothy R. Estes, Exec. VP & COO (Age 65)
Mr. Richard B. Vilsoet, Sr. VP, Chief Legal Officer & Corp. Sec. (Age 66)
Mr. Scott P. Horton, VP & Chief HR Officer (Age 55)

What is Dycom Industries' stock symbol?

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

Who are Dycom Industries' major shareholders?

Dycom Industries' stock is owned by a number of institutional and retail investors. Top institutional investors include Schroder Investment Management Group (3.73%), Aristotle Capital Boston LLC (2.56%), Invesco Ltd. (1.70%), Geode Capital Management LLC (1.39%), Investment Counselors of Maryland LLC (1.22%) and Chartwell Investment Partners LLC (0.90%). View institutional ownership trends for Dycom Industries.

Which institutional investors are selling Dycom Industries stock?

DY stock was sold by a variety of institutional investors in the last quarter, including New York State Common Retirement Fund, Deutsche Bank AG, Fifth Third Bancorp, Wells Fargo & Company MN, Parametric Portfolio Associates LLC, Gryphon Financial Partners LLC, Principal Financial Group Inc., and Russell Investments Group Ltd.. View insider buying and selling activity for Dycom Industries.

Which institutional investors are buying Dycom Industries stock?

DY stock was bought by a variety of institutional investors in the last quarter, including Schroder Investment Management Group, Invesco Ltd., Two Sigma Advisers LP, Smith Graham & Co. Investment Advisors LP, First Washington CORP, Voloridge Investment Management LLC, Trellus Management Company LLC, and Aristotle Capital Boston LLC. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Dycom Industries' stock price today?

One share of DY stock can currently be purchased for approximately $44.12.

How big of a company is Dycom Industries?

Dycom Industries has a market capitalization of $1.40 billion and generates $3.34 billion in revenue each year. The construction company earns $57.22 million in net income (profit) each year or $2.27 on an earnings per share basis. Dycom Industries employs 15,230 workers across the globe.

What is Dycom Industries' official website?

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

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]

This page was last updated on 6/5/2020 by MarketBeat.com Staff