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.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Water, sewer, & utility lines
Sub-IndustryConstruction & Engineering
SectorConstruction
Current SymbolNYSE:DY
Previous Symbol
CUSIP26747510
Phone561-627-7171
Debt
Debt-to-Equity Ratio0.93
Current Ratio3.24
Quick Ratio2.96
Price-To-Earnings
Trailing P/E Ratio25.92
Forward P/E Ratio23.78
P/E Growth3.03
Sales & Book Value
Annual Sales$3.07 billion
Price / Sales0.68
Cash Flow$7.2801 per share
Price / Cash9.21
Book Value$19.55 per share
Price / Book3.43
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$2.27 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 authorized a share repurchase plan 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 reacquire up to 6.3% of its shares through open market purchases. Shares buyback plans are often a sign that the company's management believes its stock is undervalued.
How were Dycom Industries' earnings last quarter?
Dycom Industries, Inc. (NYSE:DY) issued its quarterly earnings data on Tuesday, November, 20th. The construction company reported $0.98 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.90 by $0.08. The construction company earned $848.20 million during the quarter, compared to the consensus estimate of $806.88 million. Dycom Industries had a return on equity of 12.07% and a net margin of 3.94%. The company's revenue was up 12.2% compared to the same quarter last year. During the same period in the previous year, the business posted $0.99 EPS. View Dycom Industries' Earnings History.
What guidance has Dycom Industries issued on next quarter's earnings?
Dycom Industries updated its fourth quarter earnings guidance on Tuesday, November, 20th. The company provided earnings per share (EPS) 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?
9 equities research analysts have issued 12-month price targets 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 twelve months. This suggests a possible upside of 48.8% 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. 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?
News headlines about DY stock have been trending somewhat negative recently, according to InfoTrie. The research group rates the sentiment of press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Dycom Industries earned a daily sentiment score of -1.4 on InfoTrie's scale. They also gave media coverage about the construction company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the near term.
Who are some of Dycom Industries' key competitors?
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 a variety of of retail and institutional investors. Top institutional investors include Alliancebernstein L.P. (3.78%), RE Advisers Corp (3.66%), Schroder Investment Management Group (2.97%), Dimensional Fund Advisors LP (2.93%), Glenmede Trust Co. NA (1.96%) and Wells Fargo & Company MN (1.64%). 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 major investors are selling Dycom Industries stock?
DY stock was sold by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Jane Street Group LLC, Gamco Investors INC. ET AL, RE Advisers Corp, Oppenheimer Asset Management Inc., Northeast Investment Management, Scoggin Management LP and Callahan Advisors LLC. View Insider Buying and Selling for Dycom Industries.
Which major investors are buying Dycom Industries stock?
DY stock was bought by a variety of institutional investors in the last quarter, including Schroder Investment Management Group, 1060 Capital LLC, American Century Companies Inc., Scout Investments Inc., Chartwell Investment Partners LLC, Canada Pension Plan Investment Board, Renaissance Technologies LLC and Carillon Tower Advisers Inc.. 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 $67.05.
How big of a company is Dycom Industries?
Dycom Industries has a market capitalization of $2.27 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?
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)
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.
