Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
Dycom Industries, Inc (NYSE: DY) closed the day trading at $179.81 up 0.93% from the previous closing price of $178.16. In other words, the price has increased by $0.93 from its previous closing price. On the day, 0.41 million shares were traded. DY stock price reached its highest trading level at $183.94 during the session, while it also had its lowest trading level at $177.73.
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 315.27 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 49.19. 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:
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:
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 5246118400 and an Enterprise Value of 6118650368. As of this moment, Dycom’s Price-to-Earnings (P/E) ratio for their current fiscal year is 23.67, and their Forward P/E ratio for the next fiscal year is 19.28. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.52. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.15 while its Price-to-Book (P/B) ratio in mrq is 4.25. Its current Enterprise Value per Revenue stands at 1.38 whereas that against EBITDA is 11.613.
Stock Price History:
The Beta on a monthly basis for DY is 1.42, which has changed by 0.60975826 over the last 52 weeks, in comparison to a change of 0.25219524 over the same period for the S&P500. Over the past 52 weeks, DY has reached a high of $207.20, while it has fallen to a 52-week low of $111.19. The 50-Day Moving Average of the stock is -1.52%, while the 200-Day Moving Average is calculated to be 2.09%.
Shares Statistics:
Over the past 3-months, DY traded about 488.98K shares per day on average, while over the past 10 days, DY traded about 458060 shares per day. A total of 29.18M shares are outstanding, with a floating share count of 28.10M. Insiders hold about 3.70% of the company’s shares, while institutions hold 96.70% stake in the company. Shares short for DY as of 1730332800 were 893951 with a Short Ratio of 3.50, compared to 1727654400 on 915643. Therefore, it implies a Short% of Shares Outstanding of 893951 and a Short% of Float of 5.3600002.
