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

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$74.27 -0.99 (-1.32 %)
(As of 10/19/2018 04:00 PM ET)
Previous Close$74.27
Today's Range$74.21 - $76.72
52-Week Range$67.15 - $123.99
Volume286,264 shs
Average Volume375,524 shs
Market Capitalization$2.35 billion
P/E Ratio26.78
Dividend YieldN/A
Beta1.21
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

Stock Exchange NYSE
Industry Water, sewer, & utility lines
Sub-IndustryConstruction & Engineering
SectorConstruction
SymbolNYSE:DY
CUSIP26747510
Phone561-627-7171

Debt

Debt-to-Equity Ratio0.93
Current Ratio3.24
Quick Ratio2.96

Price-To-Earnings

Trailing P/E Ratio26.78
Forward P/E Ratio26.34
P/E Growth3.14

Sales & Book Value

Annual Sales$3.07 billion
Price / Sales0.76
Cash Flow$7.8015 per share
Price / Cash9.52
Book Value$19.55 per share
Price / Book3.80

Profitability

EPS (Most Recent Fiscal Year)N/A
Net Income$23.66 million
Net Margins3.94%
Return on Equity12.07%
Return on Assets4.71%

Miscellaneous

Employees14,225
Outstanding Shares31,240,000
Market Cap$2.35 billion

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 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 buy up to 6.3% of its stock through open market purchases. Stock buyback programs are often an indication that the company's leadership believes its shares are undervalued.

How were Dycom Industries' earnings last quarter?

Dycom Industries, Inc. (NYSE:DY) announced its quarterly earnings results on Wednesday, August, 29th. The construction company reported $1.05 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.05. The construction company had revenue of $799.50 million for the quarter, compared to analyst estimates of $799.51 million. Dycom Industries had a return on equity of 12.07% and a net margin of 3.94%. The firm's revenue was up 2.5% on a year-over-year basis. During the same quarter last year, the company earned $1.47 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 Monday, November 19th 2018. View Earnings Estimates for Dycom Industries.

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

Dycom Industries issued an update on its FY19 earnings guidance on Wednesday, August, 29th. The company provided earnings per share guidance of $2.62-3.07 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.84. The company issued revenue guidance of $3.01-3.11 billion, compared to the consensus revenue estimate of $3.05 billion.Dycom Industries also updated its Q3 guidance to $0.80-1.04 EPS.

What price target have analysts set for DY?

9 brokerages have issued 12-month target prices for Dycom Industries' shares. Their predictions range from $77.00 to $140.00. On average, they expect Dycom Industries' stock price to reach $99.7778 in the next year. This suggests a possible upside of 34.3% 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 3 hold ratings and 6 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, "Dycom is likely to gain from surging demand for 1-gigabit deployment and wireline networks, strong backlog and continuous contract flows in the long run. Moreover, with the commencement of new contracts, the company expects engineering and construction work to gain strong momentum in the coming quarters. In order to expand its market share, the company seeks to grab opportunities by undertaking acquisitions. Its strong financial position, coupled with diligent operational execution, allows it to undertake strategic initiatives. However, shares of Dycom have significantly underperformed the industry in the past six months. Also, massive promotional expenditure and intense competition in U.S. telecommunications industry remain threat. Seasonal fluctuations and cyclicality of business further add to the woes." (10/16/2018)
  • 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)

Who are some of Dycom Industries' key competitors?

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

Who are Dycom Industries' key executives?

Dycom Industries' management team includes the folowing people:
  • Mr. Steven E. Nielsen, Chairman, Pres & CEO (Age 55)
  • Mr. H. Andrew DeFerrari, Sr. VP, CFO & Treasurer (Age 49)
  • Mr. Timothy R. Estes, Exec. VP & COO (Age 64)
  • Mr. Richard B. Vilsoet, VP, Gen. Counsel & Corp. Sec. (Age 65)
  • Ms. Rebecca Brightly Roach, VP & Chief Accounting Officer (Age 43)

Who are Dycom Industries' major shareholders?

Dycom Industries' stock is owned by many different of institutional and retail investors. Top institutional investors include Scout Investments Inc. (1.03%), Peregrine Capital Management LLC (0.57%), Seven Eight Capital LP (0.09%), Callahan Advisors LLC (0.07%), SG Capital Management LLC (0.06%) and BB&T Corp (0.06%). 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.

Which institutional investors are selling Dycom Industries stock?

DY stock was sold by a variety of institutional investors in the last quarter, including Callahan Advisors LLC and New England Research & Management Inc.. View Insider Buying and Selling for Dycom Industries.

Which institutional investors are buying Dycom Industries stock?

DY stock was acquired by a variety of institutional investors in the last quarter, including Scout Investments Inc., Seven Eight Capital LP, SG Capital Management LLC, Peregrine Capital Management LLC, BB&T Corp and Aperio Group LLC. 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 $74.27.

How big of a company is Dycom Industries?

Dycom Industries has a market capitalization of $2.35 billion and generates $3.07 billion in revenue each year. 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:  3.1 out of 5 (star star star)
Outperform Votes:  458 (Vote Outperform)
Underperform Votes:  282 (Vote Underperform)
Total Votes:  740
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 10/20/2018 by MarketBeat.com Staff

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