Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
Dycom Industries, Inc (NYSE: DY) closed the day trading at $136.75 down -2.99% from the previous closing price of $140.96. In other words, the price has decreased by -$2.99 from its previous closing price. On the day, 0.76 million shares were traded.
Ratios:
For a better understanding of DY, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 42.14 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 40.18. For the most recent quarter (mrq), Quick Ratio is recorded 2.67 and its Current Ratio is at 2.89. In the meantime, Its Debt-to-Equity ratio is 0.85 whereas as Long-Term Debt/Eq ratio is at 0.82.
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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jan 10 ’25 when Pruitt Peter T Jr sold 2,900 shares for $175.08 per share. The transaction valued at 507,732 led to the insider holds 14,533 shares of the business.
Pruitt Peter T Jr bought 2,900 shares of DY for $507,723 on Jan 10 ’25. On Dec 18 ’24, another insider, Fritzsche Jennifer M, who serves as the Director of the company, sold 430 shares for $173.11 each. As a result, the insider received 74,437 and left with 8,873 shares of the company.
Valuation Measures:
As of this moment, Dycom’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.27, and their Forward P/E ratio for the next fiscal year is 12.65. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.10. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.84 while its Price-to-Book (P/B) ratio in mrq is 3.20.
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 $133.00. The 50-Day Moving Average of the stock is -23.10%, while the 200-Day Moving Average is calculated to be -24.26%.
Shares Statistics:
A total of 28.98M shares are outstanding, with a floating share count of 27.91M. Insiders hold about 3.70% of the company’s shares, while institutions hold 99.19% stake in the company.
