The stock of Dycom Industries, Inc (NYSE:DY) last traded at $190.54, up 0.32% from the previous session.
DY stock price is now 4.53% away from the 50-day moving average and 9.06% away from the 200-day moving average. The market capitalization of the company currently stands at $5.56B.
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With the price target enhanced from $101 to $172, B. Riley Securities Upgraded its rating from Neutral to Buy for Dycom Industries, Inc (NYSE: DY). On January 10, 2024, KeyBanc Capital Markets recently initiated its ‘Overweight’ rating on the stock quoting a target price of $136, while ‘Raymond James’ rates the stock as ‘Strong Buy’
In other news, Pruitt Peter T Jr, Director sold 2,900 shares of the company’s stock on Jan 10 ’25. The stock was sold for $507,732 at an average price of $175.08. Upon completion of the transaction, the Director now directly owns 14,533 shares in the company, valued at $2.77 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jan 10 ’25, Director Pruitt Peter T Jr bought 2,900 shares of the business’s stock. A total of $507,723 was incurred on buying the stock at an average price of $175.08. A total of 3.70% of the company’s stock is owned by insiders.
During the past 12 months, Dycom Industries, Inc has had a low of $109.87 and a high of $207.20. As of last week, the company has a debt-to-equity ratio of 0.98, a current ratio of 3.12, and a quick ratio of 2.93. According to the stock market information, the enterprise value for the company is $6118650368, which is based on a 25.08 price-to-earnings ratio, a 1.93 price-to-earnings-growth ratio, and a beta of 1.42. The fifty day moving average price for DY is $182.2764 and a two-hundred day moving average price translates $174.7144 for the stock.
The latest earnings results from Dycom Industries, Inc (NYSE: DY) was released for 2024-07-27. The net profit margin was 4.91% and return on equity was 19.60% for DY. The company reported revenue of $1.27 billion for the quarter, compared to $1.14 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 11.96 percent. For the current quarter, analysts expect DY to generate $1.02B in revenue.
