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NYSE:DY

Dycom Industries (DY) Stock Price, News & Analysis

Dycom Industries logo
$174.36
+1.50 (+0.87%)
(As of 10/31/2024 ET)

About Dycom Industries Stock (NYSE:DY)

Key Stats

Today's Range
$170.12
$176.24
50-Day Range
$169.28
$202.79
52-Week Range
$78.42
$207.20
Volume
370,229 shs
Average Volume
278,282 shs
Market Capitalization
$5.07 billion
P/E Ratio
21.66
Dividend Yield
N/A
Price Target
$203.43
Consensus Rating
Buy

Company Overview

Dycom Industries, Inc. provides specialty contracting services to the telecommunications infrastructure and utility industries in the United States. The company offers engineering services to telecommunications providers, including the planning and design of aerial, underground, and buried fiber optic, copper, and coaxial cable systems; wireless networks in connection with the deployment of macro cell and new small cell sites; and program and project management and inspection personnel. It also provides construction, maintenance, and installation services for telephone companies and cable multiple system operators, such as placement and splicing of copper, fiber, and coaxial cables; tower construction, lines and antenna installation, foundation and equipment pad construction, and small cell site placement for wireless carriers, as well as equipment installation and material fabrication, and site testing services; underground facility locating services comprising locating telephone, cable television, power, water, sewer, and gas lines; installation and maintenance of customer premise equipment, including digital video recorders, set top boxes, and modems for cable system operators; and construction and maintenance services for electric and gas utilities, and other customers. Dycom Industries, Inc. was incorporated in 1969 and is headquartered in Palm Beach Gardens, Florida.

Dycom Industries Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
92nd Percentile Overall Score

DY MarketRank™: 

Dycom Industries scored higher than 92% of companies evaluated by MarketBeat, and ranked 15th out of 100 stocks in the construction sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Dycom Industries has received a consensus rating of Buy. The company's average rating score is 3.14, and is based on 6 buy ratings, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Dycom Industries has only been the subject of 3 research reports in the past 90 days.

  • Read more about Dycom Industries' stock forecast and price target.
  • Earnings Growth

    Earnings for Dycom Industries are expected to grow by 15.21% in the coming year, from $8.02 to $9.24 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Dycom Industries is 21.66, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.66.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Dycom Industries is 21.66, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 33.92.

  • Price to Earnings Growth Ratio

    Dycom Industries has a PEG Ratio of 1.61. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Dycom Industries has a P/B Ratio of 4.81. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Dycom Industries' valuation and earnings.
  • Percentage of Shares Shorted

    3.17% of the float of Dycom Industries has been sold short.
  • Short Interest Ratio / Days to Cover

    Dycom Industries has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Dycom Industries has recently decreased by 2.85%, indicating that investor sentiment is improving.
  • Dividend Yield

    Dycom Industries does not currently pay a dividend.

  • Dividend Growth

    Dycom Industries does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    3.17% of the float of Dycom Industries has been sold short.
  • Short Interest Ratio / Days to Cover

    Dycom Industries has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Dycom Industries has recently decreased by 2.85%, indicating that investor sentiment is improving.
  • News Sentiment

    Dycom Industries has a news sentiment score of 1.07. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.53 average news sentiment score of Construction companies.
  • News Coverage This Week

    MarketBeat has tracked 6 news articles for Dycom Industries this week, compared to 5 articles on an average week.
  • Search Interest

    Only 4 people have searched for DY on MarketBeat in the last 30 days. This is a decrease of -94% compared to the previous 30 days.
  • MarketBeat Follows

    6 people have added Dycom Industries to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Dycom Industries insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 4.28% of the stock of Dycom Industries is held by insiders.

  • Percentage Held by Institutions

    98.33% of the stock of Dycom Industries is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Dycom Industries' insider trading history.
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DY Stock News Headlines

Banking failure dead ahead
If you missed it, my emergency election broadcast is now available - but will be removed soon
Dycom Announces Involuntary Termination of VP Lawson
See More Headlines

DY Stock Analysis - Frequently Asked Questions

Dycom Industries' stock was trading at $115.09 at the beginning of the year. Since then, DY stock has increased by 51.5% and is now trading at $174.33.
View the best growth stocks for 2024 here
.

Dycom Industries, Inc. (NYSE:DY) announced its quarterly earnings data on Wednesday, August, 21st. The construction company reported $2.46 EPS for the quarter, beating the consensus estimate of $2.26 by $0.20. The firm's revenue for the quarter was up 15.5% compared to the same quarter last year.

The following companies are subsidiaries of Dycom Industries: Goodman Networks Inc, TelCom Construction, NeoCom Solutions, Arguss Communications Inc, CABLECOM LLC, Prince Telecom Inc., UtiliQuest LLC, and more.

Dycom Industries' top institutional investors include Principal Financial Group Inc. (2.29%), Assenagon Asset Management S.A. (0.35%), International Assets Investment Management LLC (0.34%) and Pinnacle Associates Ltd. (0.23%). Insiders that own company stock include Steven E Nielsen, H Andrew Deferrari, Dwight B Duke, Ryan F Urness, Richard K Sykes, Jason T Lawson and Sharon Villaverde.
View institutional ownership trends
.

Shares of DY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Dycom Industries investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Advanced Micro Devices (AMD), Adobe (ADBE), Palo Alto Networks (PANW) and Netflix (NFLX).

Company Calendar

Last Earnings
8/21/2024
Today
10/31/2024
Next Earnings (Estimated)
11/19/2024
Fiscal Year End
1/31/2025

Industry, Sector and Symbol

Industry
Water, sewer, & utility lines
Sub-Industry
Construction & Engineering
CUSIP
26747510
Employees
15,611
Year Founded
1969

Price Target and Rating

Average Stock Price Target
$203.43
High Stock Price Target
$227.00
Low Stock Price Target
$190.00
Potential Upside/Downside
+17.3%
Consensus Rating
Buy
Rating Score (0-4)
3.14
Research Coverage
7 Analysts

Profitability

Net Income
$218.92 million
Pretax Margin
7.14%

Debt

Sales & Book Value

Annual Sales
$4.43 billion
Cash Flow
$11.70 per share
Book Value
$36.25 per share

Miscellaneous

Free Float
27,858,000
Market Cap
$5.05 billion
Optionable
Optionable
Beta
1.41

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This page (NYSE:DY) was last updated on 10/31/2024 by MarketBeat.com Staff
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