Dycom Industries with ticker code (DY) now have 8 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 150 and 110 with the average target price sitting at 126.38. Given that the stocks previous close was at 92.73 this would indicate that there is a potential upside of 36.3%. The day 50 moving average is 93.63 and the 200 moving average now moves to 98.18. The company has a market cap of $2,740m. Visit the company website at: https://www.dycomind.com
The potential market cap would be $3,735m 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.
