3 days Ago By Defense World Staff
Shares of Dycom Industries, Inc. ( NYSE:DY – Get Free Report ) have received an average rating of “Buy” from the seven research firms that are presently covering the firm, MarketBeat reports. Six research analysts have rated the stock with a buy recommendation and one has issued a strong buy recommendation on the company.
The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is $205.57. DY has been the topic of a number of recent analyst reports.
Bank of America upped their price objective on Dycom Industries from $198.00 to $204.00 and gave the company a “buy” rating in a report on Friday, August 23rd.
Wells Fargo & Company upped their price target on Dycom Industries from $200.00 to $215.00 and gave the company an “overweight” rating in a research note on Friday.
B. Riley increased their price target on Dycom Industries from $205.00 to $208.
00 and gave the stock a “buy” rating in a report on Thursday, August 22nd. StockNews.com lowered shares of Dycom Industries from a “buy” rating to a “hold” rating in a report on Friday, July 26th.
Finally, KeyCorp increased their target price on shares of Dycom Industries from $200.00 to $227.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 8th.
Check Out Our Latest Stock Report on Dycom Industries Institutional Inflows and Outflows Dycom Industries Stock Up 4.4 % Shares of NYSE:DY opened at $195.83 on Friday.
Dycom Industries has a 52-week low of $84.83 and a 52-week high of $207.20.
The stock has a market cap of $5.70 billion, a P/E ratio of 24.33, a PEG ratio of 1.
55 and a beta of 1.44. The business has a fifty day moving average of $188.
73 and a two-hundred day moving average of $178.01. The company has a quick ratio of 3.
25, a current ratio of 3.44 and a debt-to-equity ratio of 0.81.
Dycom Industries ( NYSE:DY – Get Free Report ) last announced its quarterly earnings data on Wednesday, August 21st. The construction company reported $2.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.
26 by $0.20. The firm had revenue of $1.
20 billion during the quarter, compared to analyst estimates of $1.20 billion. Dycom Industries had a net margin of 5.
37% and a return on equity of 22.28%. Dycom Industries’s quarterly revenue was up 15.
5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.03 earnings per share.
On average, research analysts expect that Dycom Industries will post 7.96 earnings per share for the current year. About Dycom Industries ( Get Free Report 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. Recommended Stories Five stocks we like better than Dycom Industries Trading Stocks: RSI and Why it’s Useful Is Monolithic Power Systems a Screaming Buy After Near 40% Drop? How to Invest in Small Cap Stocks Applied Materials Market Capitulates: Now is the Time to Buy What is the Australian Securities Exchange (ASX) 3 Ultra-High Dividend Yield Stocks for the New Year Receive News & Ratings for Dycom Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dycom Industries and related companies with MarketBeat.com's FREE daily email newsletter .
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