Dycom Industries – Consensus Indicates Potential 37.6% Upside

Broker Ratings
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Dycom Industries found using ticker (DY) now have 8 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 150 and 125 calculating the mean target price we have 135.75. With the stocks previous close at 98.63 this would imply there is a potential upside of 37.6%. The 50 day MA is 107.15 while the 200 day moving average is 94.85. The market cap for the company is $2,868m. You can visit the company’s website by visiting: https://www.dycomind.com

The potential market cap would be $3,948m 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.

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