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

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$57.47 -1.86 (-3.14 %)
(As of 01/23/2019 05:26 AM ET)
Previous Close$59.33
Today's Range$56.99 - $59.16
52-Week Range$47.77 - $123.99
Volume382,600 shs
Average Volume309,263 shs
Market Capitalization$1.80 billion
P/E Ratio21.19
Dividend YieldN/A
Beta1.56
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 Water, sewer, & utility lines
Sub-IndustryConstruction & Engineering
SectorConstruction
CUSIP26747510
Phone561-627-7171

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.07 billion
Cash Flow$7.6627 per share
Book Value$19.55 per share

Profitability

Net Income$23.66 million

Miscellaneous

Employees14,225
Market Cap$1.80 billion
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 announced that its Board of Directors has initiated a stock repurchase plan on Wednesday, August 29th 2018, which allows the company to buyback $150,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to buy up to 6.3% of its shares through open market purchases. Shares buyback plans are generally a sign 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 data on Tuesday, November, 20th. The construction company reported $0.98 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.90 by $0.08. The construction company had revenue of $848.20 million for the quarter, compared to analyst estimates of $806.88 million. Dycom Industries had a net margin of 3.79% and a return on equity of 11.38%. The firm's revenue was up 12.2% on a year-over-year basis. During the same period in the previous year, the firm posted $0.99 earnings per share. View Dycom Industries' Earnings History.

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

Dycom Industries issued an update on its fourth quarter earnings guidance on Tuesday, November, 20th. The company provided earnings per share guidance of $0.02-0.24 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.23. The company issued revenue guidance of $695-745 million, compared to the consensus revenue estimate of $716.27 million.Dycom Industries also updated its FY 2019 guidance to $2.70-2.92 EPS.

What price target have analysts set for DY?

8 equities research analysts have issued 1-year price objectives for Dycom Industries' shares. Their predictions range from $77.00 to $117.00. On average, they anticipate Dycom Industries' stock price to reach $94.00 in the next twelve months. This suggests a possible upside of 63.6% from the stock's current price. View Analyst Price Targets for Dycom Industries.

What is the consensus analysts' recommendation for Dycom Industries?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Dycom Industries in the last year. There are currently 2 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. Although shares of Dycom have declined in the past year, it may return to the growth trajectory in the near term." (11/13/2018)
  • 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)

Has Dycom Industries been receiving favorable news coverage?

Press coverage about DY stock has trended somewhat positive this week, InfoTrie Sentiment reports. The research group identifies negative and positive press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Dycom Industries earned a news sentiment score of 1.0 on InfoTrie's scale. They also gave news coverage about the construction company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next several days.

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 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 variety of of retail and institutional investors. Top institutional shareholders include Scout Investments Inc. (1.02%), SG Capital Management LLC (0.69%), Peregrine Capital Management LLC (0.57%), Retirement Systems of Alabama (0.13%), Campbell Newman Asset Management Inc. (0.03%) and Louisiana State Employees Retirement System (0.03%). Company insiders that own Dycom Industries stock include Patricia Higgins, 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 BB&T Corp, Scout Investments Inc., Peregrine Capital Management LLC and Louisiana State Employees Retirement System. View Insider Buying and Selling for Dycom Industries.

Which institutional investors are buying Dycom Industries stock?

DY stock was purchased by a variety of institutional investors in the last quarter, including SG Capital Management LLC, Endurance Wealth Management Inc., Nisa Investment Advisors LLC, Campbell Newman Asset Management Inc., Bank of Montreal Can and Retirement Systems of Alabama. 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 $57.47.

How big of a company is Dycom Industries?

Dycom Industries has a market capitalization of $1.80 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:  3.0 out of 5 (star star star)
Outperform Votes:  493 (Vote Outperform)
Underperform Votes:  316 (Vote Underperform)
Total Votes:  809
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 1/23/2019 by MarketBeat.com Staff

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