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 150 and 125 with the average target price sitting at 135.75. Given that the stocks previous close was at 106.67 this indicates there is a potential upside of 27.3%. The 50 day MA is 106.5 and the 200 moving average now moves to 94.67. The market capitalisation for the company is $3,142m. Visit the company website at: https://www.dycomind.com
The potential market cap would be $3,999m 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.
