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

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

Dycom Industries announced that its board has approved a share repurchase program 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 reacquire up to 6.3% of its shares through open market purchases. Shares buyback programs are often a sign that the company's board believes its shares are undervalued.

Dycom Industries, Inc. (NYSE:DY) issued its quarterly earnings results on Wednesday, August, 29th. The construction company reported $1.05 earnings per share 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 net margin of 1.86% and a return on equity of 10.52%. The firm's revenue for the quarter was up 2.5% on a year-over-year basis. During the same quarter last year, the company posted $1.47 EPS. View Dycom Industries' Earnings History.

Dycom Industries is scheduled to release their next quarterly earnings announcement on Wednesday, September 4th 2019. View Earnings Estimates for Dycom Industries.

7 Wall Street analysts have issued 1 year target prices for Dycom Industries' shares. Their predictions range from $50.00 to $65.00. On average, they expect Dycom Industries' share price to reach $60.2857 in the next year. This suggests a possible upside of 38.0% from the stock's current price. View Analyst Price Targets for Dycom Industries.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Dycom Industries in the last year. There are currently 2 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Dycom Industries.

News articles about DY stock have been trending somewhat positive this week, InfoTrie Sentiment reports. The research group identifies positive and negative news coverage by monitoring 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 positive five, with scores nearest to five being the most favorable. Dycom Industries earned a daily sentiment score of 0.8 on InfoTrie's scale. They also gave media stories about the construction company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the next few days. View News Stories for Dycom Industries.

Dycom Industries saw a increase in short interest in the month of July. As of July 31st, there was short interest totalling 2,466,900 shares, an increase of 10.4% from the June 30th total of 2,235,100 shares. Based on an average daily trading volume, of 417,300 shares, the days-to-cover ratio is currently 5.9 days. Approximately 8.3% of the shares of the company are sold short. View Dycom Industries' Current Options Chain.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Dycom Industries investors own include Gilead Sciences (GILD), Broadcom (AVGO), NVIDIA (NVDA), QUALCOMM (QCOM), Intel (INTC), Micron Technology (MU), Skyworks Solutions (SWKS), Walt Disney (DIS), Edwards Lifesciences (EW) and Cisco Systems (CSCO).

Dycom Industries' stock is owned by many different of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (9.06%), Schroder Investment Management Group (2.12%), Northern Trust Corp (1.77%), RE Advisers Corp (1.33%), Russell Investments Group Ltd. (1.30%) and Investment Counselors of Maryland LLC (1.20%). Company insiders that own Dycom Industries stock include Patricia Higgins 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 Schroder Investment Management Group, RE Advisers Corp, Engine Capital Management LP, Mackenzie Financial Corp, Eagle Boston Investment Management Inc., Alpine Woods Capital Investors LLC, Voloridge Investment Management LLC and AQR Capital Management LLC. View Insider Buying and Selling for Dycom Industries.

DY stock was acquired by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Russell Investments Group Ltd., Nuveen Asset Management LLC, Vanguard Group Inc., Parametric Portfolio Associates LLC, Peregrine Capital Management LLC, Scout Investments Inc. and A.R.T. Advisors LLC. 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 $43.69.

Dycom Industries has a market capitalization of $1.38 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 14,920 workers across the globe.View Additional Information About Dycom Industries.

The official website for Dycom Industries is http://www.dycomind.com/.

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]