Dycom Industries Stock Forecast, Price & News

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Dycom Industries in the last year. There are currently 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Dycom Industries stock.
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Dycom Industries saw a increase in short interest in the month of August. As of August 13th, there was short interest totaling 980,100 shares, an increase of 23.2% from the July 29th total of 795,400 shares. Based on an average daily volume of 350,400 shares, the days-to-cover ratio is presently 2.8 days. Currently, 3.3% of the shares of the stock are short sold.
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Dycom Industries is scheduled to release its next quarterly earnings announcement on Tuesday, November 23rd 2021.
View our earnings forecast for Dycom Industries.

Dycom Industries, Inc. (NYSE:DY) posted its quarterly earnings results on Tuesday, August, 31st. The construction company reported $0.60 earnings per share for the quarter, missing analysts' consensus estimates of $0.73 by $0.13. The construction company earned $787.60 million during the quarter, compared to the consensus estimate of $813.05 million. Dycom Industries had a trailing twelve-month return on equity of 5.95% and a net margin of 1.59%. Dycom Industries's quarterly revenue was down 4.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.18 EPS.
View Dycom Industries' earnings history.

Dycom Industries' stock was trading at $18.04 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, DY shares have increased by 266.4% and is now trading at $66.10.
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5 Wall Street analysts have issued 12 month price objectives for Dycom Industries' shares. Their forecasts range from $85.00 to $110.00. On average, they anticipate Dycom Industries' stock price to reach $91.20 in the next twelve months. This suggests a possible upside of 38.0% from the stock's current price.
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48 employees have rated Dycom Industries CEO Steven E. Nielsen on Glassdoor.com. Steven E. Nielsen has an approval rating of 59% among Dycom Industries' employees. This puts Steven E. Nielsen in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to Dycom Industries include Quanta Services (PWR), AECOM (ACM), MasTec (MTZ), EMCOR Group (EME), KBR (KBR), Ameresco (AMRC), Comfort Systems USA (FIX), Fluor (FLR), Granite Construction (GVA), MYR Group (MYRG), Primoris Services (PRIM), Great Lakes Dredge & Dock (GLDD), Argan (AGX), Sterling Construction (STRL) and Tutor Perini (TPC).
View all of DY's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Dycom Industries investors own include Gilead Sciences (GILD), QUALCOMM (QCOM), AbbVie (ABBV), NVIDIA (NVDA), Broadcom (AVGO), The Walt Disney (DIS), Micron Technology (MU), AT&T (T), Cisco Systems (CSCO) and Intel (INTC).

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

Dycom Industries' stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (10.83%), FMR LLC (9.61%), Vanguard Group Inc. (9.06%), Dimensional Fund Advisors LP (4.74%), American Century Companies Inc. (3.67%) and Peconic Partners LLC (3.16%). Company insiders that own Dycom Industries stock include Patricia Higgins, Sharon Villaverde, Steven E Nielsen and Timothy R Estes.
View institutional ownership trends for Dycom Industries.

DY stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, BlackRock Inc., Invesco Ltd., Dimensional Fund Advisors LP, Vanguard Group Inc., Millennium Management LLC, Aristotle Capital Boston LLC, and BNP Paribas Arbitrage SA. Company insiders that have sold Dycom Industries company stock in the last year include Patricia Higgins, Sharon Villaverde, and Timothy R Estes.
View insider buying and selling activity for Dycom Industries or view top insider-selling stocks.

DY stock was purchased by a variety of institutional investors in the last quarter, including American Century Companies Inc., Goldman Sachs Group Inc., Peconic Partners LLC, Principal Financial Group Inc., AQR Capital Management LLC, Marshall Wace North America L.P., Alliancebernstein L.P., and Citadel Advisors LLC.
View insider buying and selling activity for Dycom Industries or or view top insider-buying stocks.

Shares of DY can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of DY stock can currently be purchased for approximately $66.10.

Dycom Industries has a market capitalization of $1.99 billion and generates $3.20 billion in revenue each year. The construction company earns $34.34 million in net income (profit) each year or $2.54 on an earnings per share basis.

Dycom Industries employs 14,276 workers across the globe.

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

Dycom Industries is headquartered at 11780 U.S. HIGHWAY 1 SUITE 600, PALM BEACH GARDENS FL, 33408.

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].