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

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$49.39 +0.29 (+0.59 %)
(As of 03/18/2019 09:27 AM ET)
Previous Close$49.10
Today's Range$49.21 - $51.23
52-Week Range$41.78 - $117.40
Volume829,654 shs
Average Volume616,210 shs
Market Capitalization$1.55 billion
P/E Ratio17.77
Dividend YieldN/A
Beta1.44
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.

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Industry, Sector and Symbol

Industry N/A
Sub-IndustryConstruction & Engineering
SectorConstruction
CUSIP26747510
Phone561-627-7171

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.13 billion
Cash Flow$9.3365 per share
Book Value$25.58 per share

Profitability

Net Income$62.91 million

Miscellaneous

Employees14,225
Market Cap$1.55 billion
Next Earnings Date5/28/2019 (Estimated)
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 declared that its board has approved a share buyback plan on Wednesday, August 29th 2018, which authorizes the company to buyback $150,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 6.3% of its shares through open market purchases. Shares buyback plans are often an indication that the company's board of directors believes its stock is undervalued.

How were Dycom Industries' earnings last quarter?

Dycom Industries, Inc. (NYSE:DY) released its quarterly earnings results on Wednesday, February, 27th. The construction company reported $0.10 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.16 by $0.06. The construction company had revenue of $748.62 million for the quarter, compared to analyst estimates of $719.25 million. Dycom Industries had a net margin of 2.01% and a return on equity of 11.24%. The firm's revenue for the quarter was up 14.3% on a year-over-year basis. During the same quarter last year, the business posted $0.12 earnings per share. View Dycom Industries' Earnings History.

When is Dycom Industries' next earnings date?

Dycom Industries is scheduled to release their next quarterly earnings announcement on Tuesday, May 28th 2019. View Earnings Estimates for Dycom Industries.

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

Dycom Industries updated its first quarter earnings guidance on Wednesday, February, 27th. The company provided earnings per share (EPS) guidance of $0.34-0.56 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.74. The company issued revenue guidance of $750-800 million, compared to the consensus revenue estimate of $791.16 million.Dycom Industries also updated its Q1 2020 guidance to $0.34-0.56 EPS.

What price target have analysts set for DY?

9 brokerages have issued 12 month price objectives for Dycom Industries' stock. Their predictions range from $50.00 to $117.00. On average, they expect Dycom Industries' stock price to reach $77.00 in the next year. This suggests a possible upside of 55.9% 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 1 hold rating and 8 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, "Shares of Dycom have underperformed its industry in the past year. Earnings estimates for fiscal 2020 have also declined over the past 30 days, reflecting analysts' concern for the company's earnings growth potential. The company's results were negatively impacted by lower-than-expected large-scale deployments due to timing and tactical considerations. Again, under absorption of labor and field costs might continue to hurt its margins. Thus, it has lowered the mid-point of 2019 EPS view. Nonetheless, it is likely to gain from surging demand for 1-gigabit deployment and wireline networks, strong backlog, coupled with continuous contract flow in the long run. In order to expand its market share, Dycom seeks to grab opportunities by undertaking acquisitions. The company’s strong financial position and diligent operational execution allow it to undertake strategic initiatives." (2/4/2019)
  • 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 stories about DY stock have been trending somewhat positive on Monday, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Dycom Industries earned a news sentiment score of 1.1 on InfoTrie's scale. They also gave media headlines about the construction company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the next few days.

Who are some of Dycom Industries' key 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 Gilead Sciences (GILD), Broadcom (AVGO), QUALCOMM (QCOM), Intel (INTC), Micron Technology (MU), NVIDIA (NVDA), Edwards Lifesciences (EW), Walt Disney (DIS), Bank of America (BAC) and salesforce.com (CRM).

Who are Dycom Industries' key executives?

Dycom Industries' management team includes the folowing 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)
  • Ms. Sharon Villaverde, VP & Chief Accounting Officer (Age 45)

Who are Dycom Industries' major shareholders?

Dycom Industries' stock is owned by a number of of retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (3.27%), Northern Trust Corp (1.69%), American Century Companies Inc. (1.65%), Emerald Advisers LLC (1.09%), Geode Capital Management LLC (1.07%) and Geode Capital Management LLC (1.07%). Company insiders that own Dycom Industries stock include Patricia Higgins 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 Nomura Holdings Inc., Canada Pension Plan Investment Board, Voloridge Investment Management LLC, Logan Capital Management Inc., Falcon Point Capital LLC, W.G. Shaheen & Associates DBA Whitney & Co, PNC Financial Services Group Inc. and BB&T Corp. View Insider Buying and Selling for Dycom Industries.

Which major investors are buying Dycom Industries stock?

DY stock was acquired by a variety of institutional investors in the last quarter, including Norges Bank, SG Capital Management LLC, Millennium Management LLC, Emerald Advisers LLC, Dimensional Fund Advisors LP, 1060 Capital LLC, Emerald Mutual Fund Advisers Trust and Oppenheimer Asset Management 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 $49.39.

How big of a company is Dycom Industries?

Dycom Industries has a market capitalization of $1.55 billion and generates $3.13 billion in revenue each year. The construction company earns $62.91 million in net income (profit) each year or $2.78 on an earnings per share basis. Dycom Industries employs 14,225 workers across the globe.

What is Dycom Industries' official website?

The official website for Dycom Industries is http://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]


MarketBeat Community Rating for Dycom Industries (NYSE DY)

Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  505 (Vote Outperform)
Underperform Votes:  328 (Vote Underperform)
Total Votes:  833
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 3/18/2019 by MarketBeat.com Staff

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