Dycom Industries Stock Price on May 9, 2023
| DY Stock | USD 134.71 0.04 0.03% |
Below is the normalized historical share price chart for Dycom Industries extending back to November 07, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Dycom Industries stands at 134.71, as last reported on the 18th of April 2024, with the highest price reaching 137.43 and the lowest price hitting 134.60 during the day.
If you're considering investing in Dycom Stock, it is important to understand the factors that can impact its price. Dycom Industries appears to be very steady, given 3 months investment horizon. Dycom Industries secures Sharpe Ratio (or Efficiency) of 0.19, which denotes the company had a 0.19% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Dycom Industries, which you can use to evaluate the volatility of the firm. Please utilize Dycom Industries' Downside Deviation of 1.64, semi deviation of 1.47, and Mean Deviation of 1.27 to check if our risk estimates are consistent with your expectations.
At this time, Dycom Industries' Total Stockholder Equity is fairly stable compared to the past year. Common Stock Shares Outstanding is likely to rise to about 34.4 M in 2024, whereas Other Stockholder Equity is likely to drop slightly above 5.9 M in 2024. . Price Earnings Ratio is likely to rise to 60.24 in 2024, whereas Price To Sales Ratio is likely to drop 0.36 in 2024. Dycom Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 24th of September 1990 | 200 Day MA 107.8195 | 50 Day MA 131.5542 | Beta 1.375 |
Dycom |
Sharpe Ratio = 0.1853
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Estimated Market Risk
| 1.68 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.31 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average Dycom Industries is performing at about 14% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Dycom Industries by adding it to a well-diversified portfolio.
Price Book 3.8005 | Enterprise Value Ebitda 9.4392 | Price Sales 0.9599 | Shares Float 24.8 M | Wall Street Target Price 157.56 |
Dycom Industries Valuation on May 9, 2023
It is possible to determine the worth of Dycom Industries on a given historical date. On May 9, 2023 Dycom was worth 93.65 at the beginning of the trading date compared to the closed value of 94.78. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Dycom Industries stock. Still, in general, we apply an absolute valuation method to find Dycom Industries' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Dycom Industries where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Dycom Industries' related companies.
| Open | High | Low | Close | Volume | |
| 95.63 | 96.67 | 93.78 | 94.12 | 249,573 | |
05/09/2023 | 93.65 | 95.23 | 92.46 | 94.78 | 302,031 |
| 96.56 | 97.65 | 95.56 | 95.78 | 332,785 |
| Backtest Dycom Industries | | | Dycom Industries History | | | Dycom Industries Valuation | Previous | Next |
Dycom Industries Trading Date Momentum on May 9, 2023
| On May 10 2023 Dycom Industries was traded for 95.78 at the closing time. The highest price during the trading period was 97.65 and the lowest recorded bid was listed for 95.56 . The volume for the day was 332.8 K. This history from May 10, 2023 contributed to the next trading day price jump. The overall trading delta to the next closing price was 1.06% . The overall trading delta to the current price is 6.64% . |
Dycom Industries Fundamentals Correlations and Trends
By evaluating Dycom Industries' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Dycom Industries' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Dycom financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Dycom Industries Stock history
Dycom Industries investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Dycom is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Dycom Industries will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Dycom Industries stock prices may prove useful in developing a viable investing in Dycom Industries
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 29.7 M | 34.4 M | |
| Net Income Applicable To Common Shares | 163.5 M | 171.7 M |
Dycom Industries Quarterly Net Working Capital |
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Dycom Industries Stock Technical Analysis
Dycom Industries technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Dycom Industries Period Price Range
Low | May 9, 2023
| High |
93.65 | 94.78 |
Dycom Industries April 18, 2024 Market Strength
Market strength indicators help investors to evaluate how Dycom Industries stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Dycom Industries shares will generate the highest return on investment. By undertsting and applying Dycom Industries stock market strength indicators, traders can identify Dycom Industries entry and exit signals to maximize returns
Dycom Industries Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Dycom Industries' price direction in advance. Along with the technical and fundamental analysis of Dycom Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Dycom to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1123 | |||
| Jensen Alpha | 0.1942 | |||
| Total Risk Alpha | 0.147 | |||
| Sortino Ratio | 0.1334 | |||
| Treynor Ratio | 0.1708 |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dycom Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. For more information on how to buy Dycom Stock please use our How to Invest in Dycom Industries guide.You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Complementary Tools for Dycom Stock analysis
When running Dycom Industries' price analysis, check to measure Dycom Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Dycom Industries is operating at the current time. Most of Dycom Industries' value examination focuses on studying past and present price action to predict the probability of Dycom Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dycom Industries' price. Additionally, you may evaluate how the addition of Dycom Industries to your portfolios can decrease your overall portfolio volatility.
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Is Dycom Industries' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Dycom Industries. If investors know Dycom will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Dycom Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.05) | Earnings Share 7.36 | Revenue Per Share 142.35 | Quarterly Revenue Growth 0.038 | Return On Assets 0.0836 |
The market value of Dycom Industries is measured differently than its book value, which is the value of Dycom that is recorded on the company's balance sheet. Investors also form their own opinion of Dycom Industries' value that differs from its market value or its book value, called intrinsic value, which is Dycom Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Dycom Industries' market value can be influenced by many factors that don't directly affect Dycom Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Dycom Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Dycom Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dycom Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.