Dycom Industries – Consensus Indicates Potential 8.5% Upside

Broker Ratings
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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 130 and 114 and has a mean target at 123.13. With the stocks previous close at 113.48 this is indicating there is a potential upside of 8.5%. The 50 day MA is 99.01 while the 200 day moving average is 92.43. The company has a market capitalisation of $3,354m. You can visit the company’s website by visiting: https://www.dycomind.com

The potential market cap would be $3,639m 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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