Beyond market trends, investors looking for superior returns explore the world of stock picking. The right selections can be a powerful driver for wealth accumulation.
As of close of business last night, Dycom Industries, Inc’s stock clocked out at $180.56, up 0.76% from its previous closing price of $179.20. In other words, the price has increased by $0.76 from its previous closing price. On the day, 0.56 million shares were traded. DY stock price reached its highest trading level at $181.72 during the session, while it also had its lowest trading level at $175.42.
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 316.59 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 49.40. 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 Dec 10 ’24 when Steven Nielsen bought 316,123 shares for $180.84 per share.
Steven Nielsen bought 149,184 shares of DY for $26,978,435 on Dec 10 ’24. On Jul 11 ’24, another insider, Lawson Jason T, who serves as the VP and CHRO of the company, sold 856 shares for $174.48 each. As a result, the insider received 149,355 and left with 6,937 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 5268000256 and an Enterprise Value of 6118650368. As of this moment, Dycom’s Price-to-Earnings (P/E) ratio for their current fiscal year is 23.77, and their Forward P/E ratio for the next fiscal year is 19.36. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.33. 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 4.27. 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 $107.53. The 50-Day Moving Average of the stock is -3.50%, while the 200-Day Moving Average is calculated to be 6.11%.
Shares Statistics:
It appears that DY traded 397.83K shares on average per day over the past three months and 397180 shares per day over the past ten days. A total of 29.18M shares are outstanding, with a floating share count of 28.09M. Insiders hold about 3.71% of the company’s shares, while institutions hold 95.36% stake in the company. Shares short for DY as of 1730332800 were 893951 with a Short Ratio of 2.71, compared to 1727654400 on 915643. Therefore, it implies a Short% of Shares Outstanding of 893951 and a Short% of Float of 5.3600002.
Earnings Estimates
The market rating for Dycom Industries, Inc (DY) is a result of the insights provided by 6.0 analysts actively involved in the assessment.The consensus estimate for the next quarter is $1.85, with high estimates of $1.98 and low estimates of $1.68.
Analysts are recommending an EPS of between $8.2 and $7.41 for the fiscal current year, implying an average EPS of $7.75. EPS for the following year is $9.47, with 6.0 analysts recommending between $10.15 and $8.94.
Revenue Estimates
In the current quarter, 8 analysts expect revenue to total $1.02B. It ranges from a high estimate of $1.03B to a low estimate of $1.02B. As of the current estimate, Dycom Industries, Inc’s year-ago sales were $952.46MFor the next quarter, 8 analysts are estimating revenue of $1.26B. There is a high estimate of $1.3B for the next quarter, whereas the lowest estimate is $1.22B.
A total of 8 analysts have provided revenue estimates for DY’s current fiscal year. The highest revenue estimate was $4.65B, while the lowest revenue estimate was $4.64B, resulting in an average revenue estimate of $4.64B. In the same quarter a year ago, actual revenue was $4.18BBased on 8 analysts’ estimates, the company’s revenue will be $5.27B in the next fiscal year. The high estimate is $5.37B and the low estimate is $5.2B.
