Dycom Industries – Consensus Indicates Potential 46.0% Upside

Broker Ratings
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Dycom Industries with ticker code (DY) now have 7 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 125 and 110 calculating the average target price we see 118.43. Now with the previous closing price of 81.1 this is indicating there is a potential upside of 46.0%. The 50 day MA is 91.14 and the 200 moving average now moves to 80.91. The company has a market capitalisation of $2,617m. Company Website: https://www.dycomind.com

The potential market cap would be $3,821m 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.

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