Dycom Industries Inc

Dycom Industries Inc Stock Forecast & Price Prediction

Live Dycom Industries Inc Stock (DY) Price
$179.27

10

Ratings

  • Buy 9
  • Hold 1
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$179.27

P/E Ratio

22.27

Volume Traded Today

$1.1M

Dividend

Dividends not available for DY

52 Week High/low

207.20/80.65

Dycom Industries Inc Market Cap

$5.22B

๐Ÿ›‘ Alert: These ten stocks could have higher potential than $DY ๐Ÿ›‘

Before you buy DY you'll want to see this list of ten stocks that have huge potential. Want to see if DY made the cut? Enter your email below

DY Summary

Based on ratings from 10 stock analysts, the Dycom Industries Inc stock price is expected to increase by 19.93% in 12 months. This is calculated by using the average 12-month stock price forecast for Dycom Industries Inc. The lowest target is $200 and the highest is $234. Please note analyst price targets are not guaranteed and could be missed completely.

DY Analyst Ratings

About 10 Wall Street analysts have assigned DY 9 buy ratings, 1 hold ratings, and 0 sell ratings. This means that analysts expect Dycom Industries Inc to outperform the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on DY. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

DY stock forecast by analyst

These are the latest 20 analyst ratings of DY.

Analyst/Firm

Rating

Price Target

Change

Date

Sangita Jain
Keybanc

Overweight

$227

Maintains

Oct 8, 2024
Alexander Waters
B of A Securities

Buy

$204

Maintains

Aug 23, 2024
Sangita Jain
Keybanc

Overweight

$200

Maintains

Aug 22, 2024
Alex Rygiel
B. Riley Securities

Buy

$208

Maintains

Aug 22, 2024
Eric Luebchow
Wells Fargo

Overweight

$200

Maintains

Jul 17, 2024
Alex Rygiel
B. Riley Securities

Buy

$205

Maintains

May 31, 2024
Alexander Waters
B of A Securities

Buy

$198

Maintains

May 29, 2024
Steven Fisher
UBS

Buy

$200

Maintains

May 23, 2024
Christian Schwab
Craig-Hallum

Buy

$190

Maintains

May 23, 2024
Sangita Jain
Keybanc

Overweight

$179

Maintains

May 23, 2024
Eric Luebchow
Wells Fargo

Overweight

$185

Maintains

May 23, 2024
Frank Louthan
Raymond James

Strong Buy

$195

Maintains

May 23, 2024
Eric Luebchow
Wells Fargo

Overweight

$175

Maintains

May 20, 2024
Sangita Jain
Keybanc

Overweight

$169

Maintains

May 13, 2024
Eric Luebchow
Wells Fargo

Overweight

$165

Maintains

Mar 12, 2024
Alex Rygiel
B. Riley Securities

Buy

$172

Upgrade

Mar 8, 2024
Sangita Jain
Keybanc

Overweight

$149

Maintains

Feb 29, 2024

Craig-Hallum

Buy


Maintains

Feb 29, 2024
Sangita Jain
Keybanc

Overweight

$136

Initiates

Jan 10, 2024
Alex Rygiel
B. Riley Securities

Neutral

$101

Maintains

Nov 22, 2023

DY Company Information

What They Do: Provides specialty contracting services for telecommunications.

Business Model: Dycom Industries operates as a contractor for telecommunications and utility companies, generating revenue through a variety of engineering, construction, and maintenance services. Their offerings include planning and design of cable systems, wireless network deployment, and installation of customer equipment, making them integral to infrastructure development and maintenance.

Other Information: Founded in 1969 and based in Palm Beach Gardens, Florida, Dycom Industries has established a strong presence in the telecommunications sector. The company caters to major telecommunications providers and utility companies, positioning itself as a critical player in the evolving infrastructure landscape in the United States.
DY
Dycom Industries Inc (DY)

When did it IPO

1990

Staff Count

15,901

Country

United States

Sector/Industry

Industrials/Engineering & Construction

CEO

Mr. Steven E. Nielsen

Market Cap

$5.22B

Dycom Industries Inc (DY) Financial Data

In 2023, DY generated $3.81B in revenue, which was a increase of 21.66% from the previous year. This can be seen as a signal that DY's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

N/A

Revenue From 2021

$3.20B

0.00 %
From Previous Year

Revenue From 2022

$3.13B

-2.15 %
From Previous Year

Revenue From 2023

$3.81B

21.66 %
From Previous Year
  • Revenue TTM $4.43B
  • Operating Margin TTM 8.6%
  • Gross profit TTM $813.8M
  • Return on assets TTM 8.4%
  • Return on equity TTM 22.4%
  • Profit Margin 5.4%
  • Book Value Per Share 39.81%
  • Market capitalisation $5.22B
  • Revenue for 2021 $3.20B
  • Revenue for 2022 $3.13B
  • Revenue for 2023 $3.81B
  • EPS this year (TTM) $8.05

Dycom Industries Inc (DY) Latest News

News Image

Tue, 22 Oct 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Dycom Industries (DY) is identified as a strong candidate for continued upward momentum, having passed the "Recent Price Strength" screening for stocks.

Why It Matters - Dycom Industries shows strong price momentum, indicating potential for continued growth. Positive performance in screening suggests investor confidence and may attract more buyers.

News Image

Tue, 22 Oct 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Zacks Premium offers the Zacks Style Scores, a tool to help value, growth, and momentum investors identify strong stocks.

Why It Matters - The Zacks Style Scores enhance stock selection across investment strategies, potentially improving returns and reducing risk, making it a valuable tool for informed decision-making.

News Image

Thu, 10 Oct 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Investors can utilize the Zacks Earnings ESP tool to identify stocks expected to surpass quarterly earnings estimates.

Why It Matters - The Zacks Earnings ESP highlights stocks likely to exceed earnings forecasts, offering investors potential opportunities for higher returns and informed trading decisions.

News Image

Mon, 07 Oct 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Zacks Premium offers Style Scores to help investors identify strong stocks across value, growth, and momentum categories.

Why It Matters - Zacks Style Scores can enhance stock selection across investment strategies, potentially leading to better returns and informed decision-making for investors.

News Image

Thu, 03 Oct 2024

Sentiment - POSITIVE

Source - Seeking Alpha

Summary - DY reported 2Q25 earnings with a 15.5% revenue increase year-over-year and a 9.2% organic growth. Adjusted EBITDA margin rose to 13.2%, with EPS at $2.46. The Black & Veatch acquisition is projected to add $250-$275 million in FY2026 revenue.

Why It Matters - Strong earnings growth, improved margins, and a significant acquisition enhancing future revenue and backlog indicate DY's robust financial health and growth potential, attracting investor interest.

News Image

Fri, 27 Sep 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Zacks Premium offers Style Scores to help value, growth, and momentum investors identify strong stocks effectively.

Why It Matters - Zacks Style Scores enhance stock selection, enabling investors to identify strong candidates across investment strategies, potentially improving portfolio performance.

...

DY Frequently asked questions

The highest forecasted price for DY is $234 from at .

The lowest forecasted price for DY is $200 from Steven Fisher from UBS

The DY analyst ratings consensus are 9 buy ratings, 1 hold ratings, and 0 sell ratings.