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 approved a share buyback program on Wednesday, April 12th 2017, which permits the company to buyback $75,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase up to 2.5% of its stock through open market purchases. Stock buyback programs are usually an indication that the company's board believes its shares are undervalued.

Dycom Industries, Inc. (NYSE:DY) posted its quarterly earnings data on Tuesday, May, 22nd. The construction company reported $0.65 EPS for the quarter, missing analysts' consensus estimates of $0.69 by $0.04. The construction company earned $731.40 million during 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 company's revenue for the quarter was down 7.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $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 Wall Street analysts have issued 12-month price objectives for Dycom Industries' stock. Their forecasts range from $100.00 to $140.00. On average, they expect Dycom Industries' stock price to reach $115.40 in the next twelve months. This suggests a possible upside of 20.4% 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).

Press coverage about DY stock has trended somewhat positive this week, according to Accern. The research group identifies positive and negative media coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Dycom Industries earned a daily sentiment score of 0.06 on Accern's scale. They also gave news coverage about the construction company an impact score of 46.21 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the next few days.

Dycom Industries' stock is owned by a number of of institutional and retail investors. Top institutional investors include Scout Investments Inc. (0.66%), Peregrine Capital Management LLC (0.56%), Callahan Advisors LLC (0.18%), New England Research & Management Inc. (0.05%), Harbour Capital Advisors LLC (0.04%) and Municipal Employees Retirement System of Michigan (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., Municipal Employees Retirement System of Michigan and Callahan Advisors LLC. View Insider Buying and Selling for Dycom Industries.

DY stock was purchased 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 $95.86.

Dycom Industries has a market capitalization of $2.99 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]