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Dycom (DY)
NYSE:DY
Holding DY?
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DY Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$78.42 - $196.34
Previous Close$190
Volume309.73K
Average Volume (3M)317.23K
Market Cap
$5.53B
Enterprise Value$6.53B
Total Cash (Recent Filing)$19.56M
Total Debt (Recent Filing)$1.02B
Price to Earnings (P/E)23.6
Beta0.75
Next Earnings
Nov 20, 2024EPS Estimate
$2.29Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)8.05
Shares Outstanding29,104,143
10 Day Avg. Volume349,100
30 Day Avg. Volume317,230
Standard Deviation0.14
R-Squared0.27
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)4.77
Price to Sales (P/S)1.24
Price to Cash Flow (P/CF)-182.30
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.44
Enterprise Value/Gross Profit8.03
Enterprise Value/Ebitda16.38
Forecast
1Y Price Target
$205.33Price Target Upside4.94% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering7
Dycom News
PremiumThe Fly
Dycom falls -7.3%
PremiumThe Fly
Dycom falls -8.9%
Bulls Say, Bears Say
Bulls Say
Growth OpportunitiesDY sounded optimistic it can return to double-digit growth, particularly as opportunities ramp from rural fiber, wireless construction from the Black & Veatch deal, and intercity fiber tied to data centers.
Market ExpansionThe BEAD program is gaining steam with 36 territories now receiving NTIA approval to accept applications, which will be a $30B+ addressable market for DY over the next +5 years.
Revenue GrowthDY feels confident it can achieve $250-275MM of revenues from the Black & Veatch acquisition, tied to AT&T's Open RAN modernization project.
Bears Say
Leadership TransitionThe retirement of such a long-tenured CEO will inevitably bring about some transition, as Nielsen has been the primary source of communication with Wall Street.
Revenue GrowthThe 'midpoint' of Q3 revenue guide is about ~3-4% below Street expectations and implies relatively flat sequential growth.
Revenue GuidanceThe 'midpoint' of Q3 revenue guide is about ~3-4% below Street expectations and implies relatively flat sequential growth.
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Ownership Overview
5.92% Insiders
25.19% Mutual Funds
53.53% Other Institutional Investors
15.37% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
ProductionRisks related to the company’s ability to manufacture goods and services
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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DY FAQ
What was Dycom’s price range in the past 12 months?
Dycom lowest stock price was $78.42 and its highest was $196.34 in the past 12 months.
What is Dycom’s market cap?
Currently, no data Available
When is Dycom’s upcoming earnings report date?
Dycom’s upcoming earnings report date is Nov 20, 2024 which is in 61 days.
How were Dycom’s earnings last quarter?
Dycom released its earnings results on Aug 21, 2024. The company reported $2.46 earnings per share for the quarter, beating the consensus estimate of $2.258 by $0.202.
Is Dycom overvalued?
According to Wall Street analysts Dycom’s price is currently Undervalued.
Does Dycom pay dividends?
Dycom does not currently pay dividends.
What is Dycom’s EPS estimate?
Dycom’s EPS estimate is $2.29.
How many shares outstanding does Dycom have?
Dycom has 29,104,143 shares outstanding.
What happened to Dycom’s price movement after its last earnings report?
Dycom reported an EPS of $2.46 in its last earnings report, beating expectations of $2.258. Following the earnings report the stock price went down -7.549%.
Which hedge fund is a major shareholder of Dycom?
Among the largest hedge funds holding Dycom’s share is ACK Asset Management LLC. It holds Dycom’s shares valued at 90M.
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Dycom Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$205.33 (4.94% Upside)
$205.33 (4.94% Upside)
Blogger Sentiment
Bullish
DY Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 129.0K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $149.4K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▼ 1.7%
Last 30 Days ▲ 19.3%
Last 30 Days ▲ 19.3%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
97.44%
12-Months-Change
Fundamentals
Return on Equity
22.44%
Trailing 12-Months
Asset Growth
16.02%
Trailing 12-Months
Company Description
Dycom
Dycom Industries, Inc. provides specialty contracting services throughout the United States. Its services include engineering, construction, maintenance and installation services to telecommunications providers, underground facility locating services to various utilities, including other construction and maintenance services to electric and gas utilities, and others. The company was founded in 1969 and is headquartered in Palm Beach Gardens, FL.
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DY Company Deck
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DY Earnings Call
Q2 2024
0:00 / 0:00
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DY Stock 12 Month Forecast
Average Price Target
$205.33
▲(4.94% Upside)
Technical Analysis
Best Analysts Covering DY
1 Year
1 Year Success Rate
15/19 ratings generated profit
1 Year Average Return
+33.43%
reiterated a buy rating 24 days ago
Copying Eric Luebchow's trades and holding each position for 1 Year would result in 78.95% of your transactions generating a profit, with an average return of +33.43% per trade.
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