Dycom Industries found using ticker (DY) have now 7 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 125 and 110 calculating the mean target price we have 118.43. Given that the stocks previous close was at 99.25 this would indicate that there is a potential upside of 19.3%. The 50 day moving average now sits at 90.36 while the 200 day moving average is 81.08. The company has a market capitalisation of $2,991m. Visit the company website at: https://www.dycomind.com
The potential market cap would be $3,569m based on the market concensus.
Dycom Industries provides specialty contracting services in the United States. The company offers various specialty contracting services, including program management, engineering, construction, maintenance, and installation services, such as placement and splicing of fiber, copper, and coaxial cables to telecommunications providers. It also provides tower construction, lines and antenna installation, foundation and equipment pad construction, and small cell site placement for wireless carriers, as well as equipment installation and material fabrication, and site testing services; and installs and maintains customer premise equipment, such as digital video recorders, set top boxes, and modems for cable system operators. In addition, the company offers construction and maintenance services for electric and gas utilities, and other customers; and underground facility locating services, such as locating telephone, cable television, power, water, sewer, and gas lines for various utility companies, including telecommunication providers. Dycom Industries was incorporated in 1969 and is headquartered in Palm Beach Gardens, Florida.
