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 share repurchase plan on Wednesday, April 12th 2017, which authorizes the company to repurchase $75,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to purchase up to 2.5% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's board of directors believes its shares are undervalued.

Dycom Industries, Inc. (NYSE:DY) announced its quarterly earnings data on Tuesday, May, 22nd. The construction company reported $0.65 EPS 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 analysts' expectations of $734.89 million. Dycom Industries had a return on equity of 14.59% and a net margin of 4.44%. The firm's revenue for the quarter was down 7.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.30 EPS. 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 issued an update on 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 earnings per share 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 analysts have issued 1-year target prices for Dycom Industries' stock. Their forecasts range from $100.00 to $140.00. On average, they anticipate Dycom Industries' stock price to reach $115.40 in the next twelve months. This suggests a possible upside of 16.7% 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).

Media headlines about DY stock have been trending somewhat positive on Thursday, according to Accern Sentiment. Accern identifies negative and positive media coverage by monitoring more than 20 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 news sentiment score of 0.11 on Accern's scale. They also gave news stories about the construction company an impact score of 48.55 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.

Dycom Industries' stock is owned by many different of institutional and retail 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 Amalgamated Bank (0.02%). 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 acquired 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, Harbour Capital Advisors LLC and Amalgamated Bank. 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 $98.92.

Dycom Industries has a market capitalization of $3.02 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]