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As of close of business last night, Dycom Industries, Inc’s stock clocked out at $176.56, down -12.93% from its previous closing price of $202.79. In other words, the price has decreased by -$12.93 from its previous closing price. On the day, 1.45 million shares were traded. DY stock price reached its highest trading level at $195.0 during the session, while it also had its lowest trading level at $172.7.
Ratios:
To gain a deeper understanding of DY’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 336.52 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 470.57. For the most recent quarter (mrq), Quick Ratio is recorded 2.93 and its Current Ratio is at 3.12. In the meantime, Its Debt-to-Equity ratio is 0.98 whereas as Long-Term Debt/Eq ratio is at 0.94.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, B. Riley Securities on March 08, 2024, Upgraded its rating to Buy and sets its target price to $172 from $101 previously.
On January 10, 2024, KeyBanc Capital Markets started tracking the stock assigning a Overweight rating and target price of $136.
Raymond James Upgraded its Outperform to Strong Buy on October 20, 2023, while the target price for the stock was maintained at $120.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Jul 11 ’24 when Lawson Jason T sold 856 shares for $174.48 per share. The transaction valued at 149,355 led to the insider holds 6,937 shares of the business.
Lawson Jason T sold 220 shares of DY for $30,859 on Apr 01 ’24. The VP and CHRO now owns 7,793 shares after completing the transaction at $140.27 per share. On Nov 24 ’23, another insider, VILLAVERDE SHARON, who serves as the VP & Chief Accounting Officer of the company, sold 2,268 shares for $102.10 each. As a result, the insider received 231,563 and left with 6,524 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DY now has a Market Capitalization of 5902029824 and an Enterprise Value of 6118650368. As of this moment, Dycom’s Price-to-Earnings (P/E) ratio for their current fiscal year is 23.24, and their Forward P/E ratio for the next fiscal year is 18.89. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.53. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.12 while its Price-to-Book (P/B) ratio in mrq is 4.43. Its current Enterprise Value per Revenue stands at 1.38 whereas that against EBITDA is 11.613.
Stock Price History:
Over the past 52 weeks, DY has reached a high of $207.20, while it has fallen to a 52-week low of $84.83. The 50-Day Moving Average of the stock is -6.77%, while the 200-Day Moving Average is calculated to be 6.90%.
Shares Statistics:
It appears that DY traded 378.01K shares on average per day over the past three months and 676000 shares per day over the past ten days. A total of 29.09M shares are outstanding, with a floating share count of 28.04M. Insiders hold about 3.66% of the company’s shares, while institutions hold 95.58% stake in the company. Shares short for DY as of 1730332800 were 893951 with a Short Ratio of 2.36, compared to 1727654400 on 915643. Therefore, it implies a Short% of Shares Outstanding of 893951 and a Short% of Float of 5.3600002.
