Chances of Dycom Industries (USA Stocks:DY) to slide in April.

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Gabriel Shpitalnik .  Story
DY Stock  USD 95.82  0.83  0.87%   
Gabriel Shpitalnik
By Gabriel Shpitalnik
Macroaxis Story
In general, we focus on analyzing Dycom (USA Stocks:DY) price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Dycom Industries daily price indicators and compare them against related drivers. While some planning is required to successfully invest in stocks, sometimes taking bold action is just as important. Let's try to break down why this may be the case with Dycom Industries. We will evaluate if Dycom Industries shares are reasonably priced going into April.
Published over three weeks ago
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Reviewed by Vlad Skutelnik

The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Dycom Industries has an asset utilization ratio of 147.79 percent. This suggests that the company is making $1.48 for each dollar of assets. An increasing asset utilization means that Dycom Industries is more efficient with each dollar of assets it utilizes for everyday operations.
The successful prediction of Dycom Industries stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Dycom Industries, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Dycom Industries based on Dycom Industries hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Dycom Industries's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Dycom Industries's related companies.

Use Technical Analysis to project Dycom expected Price

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.
Overlap Analysis
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Forecast Models
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Price Shifting
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Volatility Indicators
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Value Movement
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A focus of Dycom Industries technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Dycom Industries trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

What do experts say?

Stock analysis is a method for investors and traders to make buying and selling decisions. By studying and evaluating past and current data, investors and traders attempt to gain an edge in the markets by making informed decisions.
It is good to see analyst projects for Dycom Industries, but it might be worth checking our own buy vs. sell analysis

Acquisition by Richard Vilsoet of 3138 shares of Dycom Industries subject to Rule 16b-3

Legal trades by Dycom Industries insiders are very common, as founders, directors, or employees of any publicly traded firm often have stock or stock options. These trades are made public in the United States through the filing of Form 4 of the Securities and Exchange Commission. Below entry was recorded recently and is publicly available as an insider trade:
Dycom insider trading alert for grant of restricted stock units by Richard Vilsoet, Vice President Secretary, on 24th of January 2023. This event was filed by Dycom Industries Inc with SEC on 2013-12-17. Statement of changes in beneficial ownership - SEC Form 4. Richard Vilsoet currently serves as vp, general counsel and corporate secretary of Dycom Industries [view details]   
Note, although insider trading is legal, in the United States, Canada, Australia, and Germany, for mandatory reporting purposes, corporate insiders are defined as a company's officers, directors, and any beneficial owners of more than 10% of a class of the company's equity securities.

Details

The company generated the yearly revenue of 3.13 B. Reported Net Income was 48.57 M with gross profit of 496.64 M.

Deferred Revenue Breakdown

Dycom Industries Deferred Revenue yearly trend continues to be fairly stable with very little volatility. Deferred Revenue will likely drop to about 18.3 M in 2023. Deferred Revenue usually refers to a component of Total Liabilities representing the carrying amount of consideration received or receivable on potential earnings that were not recognized as revenue; including sales; license fees; and royalties; but excluding interest income. Dycom Industries Deferred Revenue is fairly stable at the moment as compared to the past year. Dycom Industries reported Deferred Revenue of 19.56 Million in 2022
2010
2020
2022
2023
201016.33 Million
202018.51 Million
202219.56 Million
202318.34 Million

Dycom showing appearance of lower volatility

Kurtosis just dropped to -0.6, may suggest upcoming price decline. Dycom Industries exhibits very low volatility with skewness of -0.06 and kurtosis of -0.6. However, we advise investors to further study Dycom Industries technical indicators to ensure that all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Dycom Industries' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Dycom Industries' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

While other companies under the engineering & construction industry are still a bit expensive, Dycom Industries may offer a potential longer-term growth to investors. With an optimistic outlook on your 90 days horizon, it may be a good time to acquire new shares of Dycom or increase your existing holdings in the Stock as it seems the potential growth has not yet been fully factored into the current price. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Dycom Industries.

Editorial Staff

Gabriel Shpitalnik is a Member of Macroaxis Editorial Board. Gabriel is a young entrepreneur and writes predominantly on the business, technology, and finance sector. He likes to analyze different equity instruments across a wide range of industries focusing primarily on consumer products and evolving technologies. View Profile
This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Gabriel Shpitalnik do not own shares of Dycom Industries. Please refer to our Terms of Use for any information regarding our disclosure principles.

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