Dycom Industries with ticker code (DY) have now 8 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 128 and 110 and has a mean target at 120.75. With the stocks previous close at 95.49 this now indicates there is a potential upside of 26.5%. There is a 50 day moving average of 88.14 while the 200 day moving average is 86.87. The company has a market cap of $2,875m. Company Website: https://www.dycomind.com
The potential market cap would be $3,635m based on the market concensus.
Dycom Industries provides specialty contracting services in the United States. The company offers program management and engineering services; plans and designs aerial, underground, and buried fiber optic, copper, and coaxial cable systems; and 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.
