Dycom Stock Analysis

DY Stock  USD 104.29  3.79  3.77%   
The current rise in Dycom Industries short term price appreciation could raise concerns from investors as the firm is trading at a share price of 104.29 on 574,349 in volume. The company management teams have successfully maneuvered the firm at convenient times to take advantage of all market conditions in April. The stock standard deviation of daily returns for 90 days investing horizon is currently 2.68. The current volatility is consistent with the ongoing market swings in April 2023 as well as with Dycom Industries unsystematic, company-specific events.
Check out Investing Opportunities to better understand how to build diversified portfolios. For more information on how to buy Dycom Stock please use our How to Invest in Dycom Industries guide.
The main objective of Dycom Industries stock analysis is to determine its intrinsic value, which is an estimate of what Dycom Industries is worth, separate from its market price. There are two main types of Dycom Industries' stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Dycom Industries' performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Dycom Industries' stock to identify patterns and trends that may indicate its future price movements.
The Dycom Industries stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Dycom Industries is usually not traded on Christmas Day, Thanksgiving Day, Christmas Day ( substitute day ), New Year 's Monday, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day, Veterans Day ( substitute day ). Dycom Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Dycom Industries' ongoing operational relationships across important fundamental and technical indicators.

Dycom Stock Analysis Notes

About 96.0% of the company shares are held by institutions such as insurance companies. The book value of Dycom Industries was currently reported as 30.56. The company has Price/Earnings To Growth (PEG) ratio of 1.58. Dycom Industries had not issued any dividends in recent years. The entity had 3:2 split on the 17th of February 2000. Dycom Industries, Inc. provides specialty contracting services in the United States. Dycom Industries, Inc. was incorporated in 1969 and is headquartered in Palm Beach Gardens, Florida. Dycom Industries operates under Engineering Construction classification in the United States and is traded on New York Stock Exchange. It employs 14674 people. To learn more about Dycom Industries call Steven Nielsen at 561 627 7171 or check out https://www.dycomind.com.

Dycom Industries Quarterly Cost of Revenue

765.66 Million

Dycom Industries Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Dycom Industries' investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Dycom Industries or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Dycom Industries is unlikely to experience financial distress in the next 2 years
Dycom Industries has a strong financial position based on the latest SEC filings
Over 96.0% of the company shares are held by institutions such as insurance companies
Latest headline from zacks.com: What Makes Dycom Industries a New Strong Buy Stock

Dycom Industries Upcoming and Recent Events

Earnings reports are used by Dycom Industries to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Dycom Industries previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
23rd of August 2023
Upcoming Quarterly Report
28th of November 2023
Next Financial Report
31st of July 2023
Next Fiscal Quarter End
6th of March 2024
Next Fiscal Year End
30th of April 2023
Last Quarter Report
31st of January 2023
Last Financial Announcement

Dycom Industries SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Dycom Industries prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Dycom Industries investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Dycom Industries specific information freely available to individual and institutional investors to make a timely investment decision.
24th of May 2023
Financial Statements and Exhibits. Regulation FD Disclosure. Results of Operations and Financial Condition
9th of May 2023
Financial Statements and Exhibits. Other Events
5th of May 2023
Unclassified Corporate Event
10th of April 2023
Unclassified Corporate Event
6th of March 2023
Financial Statements and Exhibits. Regulation FD Disclosure
1st of March 2023
Financial Statements and Exhibits. Regulation FD Disclosure. Results of Operations and Financial Condition
14th of February 2023
Unclassified Corporate Event
13th of February 2023
Unclassified Corporate Event

Dycom Industries Thematic Classifications

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Military Industrial Idea
Military Industrial
Active national defense contractors that are involved either directly or indirectly in support of the US military operations
Construction Idea
USA Equities from Construction industry as classified by Fama & French

Dycom Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Dycom Industries is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Dycom Industries backward and forwards among themselves. Dycom Industries' institutional investor refers to the entity that pools money to purchase Dycom Industries' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Last TransactionTypeSharesValue
Blackrock Inc2023-03-31Common Shares4.6 M434.5 M
Vanguard Group Inc2023-03-31Common Shares3.2 M299.8 M
Peconic Partners Llc2023-03-31Common Shares2.7 M252 M
Alliancebernstein Lp2023-03-31Common Shares2.2 M203.6 M
Principal Financial Group Inc2023-03-31Common Shares1.1 M106.8 M
Dimensional Fund Advisors Lp2023-03-31Common Shares1.1 M101.1 M
State Street Corp2023-03-31Common SharesM96.2 M
Aristotle Capital Boston Llc2023-03-31Common Shares708.2 K66.3 M
Southernsun Asset Management Llc2023-03-31Common Shares657.1 K61.5 M
Fmr Llc2023-03-31Common Shares647 K60.6 M
Hill City Capital Lp2023-03-31Common Shares598.9 K56.1 M
Note, although Dycom Industries' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Dycom Market Capitalization

The company currently falls under 'Mid-Cap' category with a market capitalization of 3.06 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Dycom Industries's market, we take the total number of its shares issued and multiply it by Dycom Industries's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Dycom Profitablity

Dycom Industries' profitability indicators refer to fundamental financial ratios that showcase Dycom Industries' ability to generate income relative to its revenue or operating costs. If, let's say, Dycom Industries is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Dycom Industries' executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Dycom Industries' profitability requires more research than a typical breakdown of Dycom Industries' financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin (PM) of 0.04 %, which suggests that even a small decline in it sales will erase profits and may result in a net loss, or a negative profit margin. This is way below average. Likewise, it shows Net Operating Margin (NOM) of 0.07 %, which signifies that for every $100 of sales, it has a net operating income of $0.07.
Last ReportedProjected for 2023
Return on Investment 12.79  8.40 
Return on Average Assets 0.06  0.08 
Return on Average Equity 0.17  0.22 
Return on Invested Capital 0.10  0.14 
Return on Sales 0.06  0.08 

Management Efficiency

Dycom Industries has Return on Asset (ROA) of 0.0727 % which means that for every $100 of assets, it generated a profit of $0.0727. This is way below average. Likewise, it shows a return on total equity (ROE) of 0.2104 %, which means that it produced $0.2104 on every 100 dollars invested by current stockholders. Dycom Industries' management efficiency ratios could be used to measure how well Dycom Industries manages its routine affairs as well as how well it operates its assets and liabilities. Dycom Industries Return on Average Assets are fairly stable at the moment as compared to the past year. Dycom Industries reported Return on Average Assets of 0.06 in 2022. Return on Average Equity is likely to rise to 0.22 in 2023, whereas Return on Investment is likely to drop 8.40 in 2023. Dycom Industries Assets Non Current are fairly stable at the moment as compared to the past year. Dycom Industries reported Assets Non Current of 820.57 Million in 2022. Goodwill and Intangible Assets is likely to rise to about 456.4 M in 2023, whereas Total Assets are likely to drop slightly above 2.1 B in 2023.
Last ReportedProjected for 2023
Book Value per Share 29.40  24.55 
Enterprise Value over EBIT 16.00  16.32 
Enterprise Value over EBITDA 8.99  10.00 
Price to Book Value 3.15  4.44 
Tangible Assets Book Value per Share 66.13  54.54 
Enterprise Value3.6 B3.8 B
Tangible Asset ValueB1.7 B
The analysis of Dycom Industries' management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Dycom Industries' future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Dycom Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Long Term Debt Total
807.4 M
Non Current Liabilities Total
974.9 M
Short Long Term Debt Total
892 M
Interest Expense
40.6 M
Total Operating Expenses
437.7 M

Technical Drivers

As of the 29th of May, Dycom Industries shows the Semi Deviation of 1.55, mean deviation of 1.71, and Downside Deviation of 1.98. Dycom Industries technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We have analyzed and interpolated nineteen technical drivers for Dycom Industries, which can be compared to its rivals. Please confirm Dycom Industries standard deviation, as well as the relationship between the maximum drawdown and expected short fall to decide if Dycom Industries is priced favorably, providing market reflects its regular price of 104.29 per share. Given that Dycom Industries has jensen alpha of 0.4224, we urge you to verify Dycom Industries's prevailing market performance to make sure the company can sustain itself at a future point.

Dycom Industries Price Movement Analysis

The output start index for this execution was nineteen with a total number of output elements of fourty-two. The Simple Moving Average indicator is calculated by adding the closing price of Dycom Industries for a given number of time periods and then dividing this total by the number of time periods. It is used to smooth out Dycom Industries short-term fluctuations and highlight longer-term trends or cycles.

Dycom Industries Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Dycom Industries insiders, such as employees or executives, is commonly permitted as long as it does not rely on Dycom Industries' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Dycom Industries insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Dycom Industries Outstanding Bonds

Dycom Industries issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Dycom Industries uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Dycom bonds can be classified according to their maturity, which is the date when Dycom Industries has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Dycom Industries Predictive Daily Indicators

Dycom Industries intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Dycom Industries stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Dycom Industries Forecast Models

Dycom Industries' time-series forecasting models are one of many Dycom Industries' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Dycom Industries' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Dycom Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Dycom Industries prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Dycom shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual Stock such as Dycom Industries. By using and applying Dycom Stock analysis, traders can create a robust methodology for identifying Dycom entry and exit points for their positions.
Last ReportedProjected for 2023
Operating Margin 5.53  3.80 
EBITDA Margin 0.10  0.13 
Gross Margin 0.17  0.21 
Profit Margin 0.037  0.0447 

Current Dycom Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Dycom analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Dycom analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
Dycom Industries current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Dycom analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Dycom stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Dycom Industries, talking to its executives and customers, or listening to Dycom conference calls.
Dycom Analyst Advice Details

Dycom Stock Analysis Indicators

Dycom Industries stock analysis indicators help investors 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 understating and applying Dycom Industries stock analysis, traders can identify Dycom Industries position entry and exit signals to maximize returns.
Begin Period Cash Flow312.6 M
Common Stock Shares Outstanding30 M
Total Stockholder Equity868.8 M
Total Cashflows From Investing Activities-183.9 M
Tax Provision37.9 M
Quarterly Earnings Growth Y O Y1.662
Property Plant And Equipment Net435.1 M
Cash And Short Term Investments224.2 M
Cash224.2 M
Accounts Payable207.7 M
Net Debt667.8 M
50 Day M A94.1264
Total Current Liabilities469.6 M
Other Operating Expenses3.6 B
Non Current Assets Total820.6 M
Forward Price Earnings14.5985
Common Stock Total Equity9.8 M
Non Currrent Assets Other26.4 M
Stock Based Compensation17.9 M
Check out Investing Opportunities to better understand how to build diversified portfolios. For more information on how to buy Dycom Stock please use our How to Invest in Dycom Industries guide. You can also try Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

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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
Earnings Share
Revenue Per Share
Quarterly Revenue Growth
Return On Assets
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. Check out Investing Opportunities to better understand how to build diversified portfolios. For more information on how to buy Dycom Stock please use our How to Invest in Dycom Industries guide.