Dycom Industries with ticker code (DY) now have 7 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 125 and 110 with the average target price sitting at 118.43. Given that the stocks previous close was at 84.53 this would indicate that there is a potential upside of 40.1%. The 50 day MA is 91.16 and the 200 day MA is 80.67. The market cap for the company is $2,544m. Visit the company website at: https://www.dycomind.com
The potential market cap would be $3,564m 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.