Dycom Stock Today

Stocks . USA . 
Stock . Dycom Industries
DY Stock  USD 102.96  0.00  0.00%   

Market Performance

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Odds Of Distress

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Dycom Industries is trading at 102.96 as of the 1st of June 2023; that is No Change since the beginning of the trading day. The stock's open price was 102.955. Dycom Industries has a very small chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for Dycom Industries are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of May 2023 and ending today, the 1st of June 2023. Click here to learn more.
CUSIP
267475101
Fiscal Year End
January
Business Domain
Capital Goods
IPO Date
24th of September 1990
Category
Industrials
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. The company has 29.33 M outstanding shares of which 1.83 M shares are currently sold short in the market by investors with about 5.85 days to cover all shorted shares. More on Dycom Industries

Moving against Dycom Stock

-0.46WLMSWilliams Industrial Fiscal Quarter End 30th of June 2023 PairCorr

Dycom Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Dycom Industries' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Dycom Industries or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ChairmanSteven Nielsen
SEC FilingsDycom Industries Security & Exchange Commission EDGAR Reports
Thematic Ideas
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Average Analyst Recommendation
Analysts covering Dycom Industries report their recommendations after researching Dycom Industries' financial statements, talking to executives and customers, or listening in on Dycom Industries' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Dycom Industries. The Dycom consensus assessment is calculated by taking the average forecast from all of the analysts covering Dycom Industries.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Dycom Industries based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Dycom Industries financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
StrongDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares Diluted33.2 M30 M
Significantly Up
Slightly volatile
Weighted Average Shares32.6 M29.5 M
Significantly Up
Slightly volatile
Return on Average Assets0.07630.064
Fairly Up
Slightly volatile
Net Cash Flow from Operations231.9 M164.8 M
Significantly Up
Slightly volatile
Current Liabilities416.9 M469.6 M
Fairly Down
Slightly volatile
Total Liabilities1.4 B1.4 B
Notably Down
Slightly volatile
Gross Margin0.210.17
Fairly Up
Slightly volatile
Total Debt848.1 M892 M
Notably Down
Slightly volatile
Asset Turnover1.781.701
Sufficiently Up
Slightly volatile
Current Assets1.2 B1.5 B
Significantly Down
Slightly volatile
Total Assets2.1 B2.3 B
Significantly Down
Pretty Stable
Macroaxis Advice
The buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Dycom Industries' available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong BuyUndervalued
Financial Strength
Dycom Industries' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Dycom Industries' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Dycom Industries' bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Dycom Industries' outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Dycom Industries' financial leverage. It provides some insight into what part of Dycom Industries' total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Dycom Industries' books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Dycom Industries deploys its capital and how much of that capital is borrowed.
Dycom Industries (DY) is traded on New York Stock Exchange in USA. It is located in 11780 U.S. Highway 1, Palm Beach Gardens, FL, United States, 33408 and employs 15,375 people. Dycom Industries is listed under Construction & Engineering category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a market capitalization of 3.08 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 Industries is active under Construction & Engineering sector as part of Industrials industry. The entity has 29.33 M outstanding shares of which 1.83 M shares are currently sold short in the market by investors with about 5.85 days to cover all shorted shares. Dycom Industries reports about 224.19 M in cash with 164.79 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.64.
Check Dycom Industries Probability Of Bankruptcy
Ownership
Dycom Industries retains a total of 29.33 Million outstanding shares. The majority of Dycom Industries outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in Dycom Industries to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Dycom Industries. Please pay attention to any change in the institutional holdings of Dycom Industries as this could imply that something significant has changed or about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.

Ownership Allocation

Check Dycom Ownership Details

Dycom Stock Price Odds Analysis

Based on a normal probability distribution, the odds of Dycom Industries jumping above the current price in 90 days from now is nearly 4.9%. The Dycom Industries probability density function shows the probability of Dycom Industries stock to fall within a particular range of prices over 90 days. Allowing for the 90-day total investment horizon the stock has a beta coefficient of 1.405 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Dycom Industries will likely underperform. Additionally, the company has an alpha of 0.4032, implying that it can generate a 0.4 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 102.96HorizonTargetOdds Above 102.96
95.04%90 days
 102.96 
4.90%
Based on a normal probability distribution, the odds of Dycom Industries to move above the current price in 90 days from now is nearly 4.9 (This Dycom Industries probability density function shows the probability of Dycom Stock to fall within a particular range of prices over 90 days) .

Dycom Industries Historical Income Statement

Dycom Industries Income Statement is one of the three primary financial statements used for reporting Dycom's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Dycom Industries revenue and expense. Dycom Industries Income Statement primarily focuses on the company's revenues and expenses during a particular period.
View More Fundamentals
Consolidated Income  Earning Before Interest and Taxes EBIT  Net Income  

Dycom Stock Against Markets

Picking the right benchmark for Dycom Industries stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Dycom Industries stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Dycom Industries is critical whether you are bullish or bearish towards Dycom Industries at a given time. Please also check how Dycom Industries' historical prices are related to one of the top price index indicators.
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Be your own money manager

Our tools can tell you how much better you can do entering a position in Dycom Industries without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Dycom Industries Corporate Directors

Dycom Industries corporate directors refer to members of a Dycom Industries board of directors. The board of directors generally takes responsibility for the Dycom Industries' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Dycom Industries' board members must vote for the resolution. The Dycom Industries board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Dwight DukeIndependent DirectorProfile
Laurie ThomsenIndependent DirectorProfile
Eitan GertelasIndependent DirectorProfile
Charles CoeIndependent DirectorProfile

How to buy Dycom Stock?

Before investing in Dycom Industries, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Dycom Industries. To buy Dycom Industries stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Dycom Industries. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Dycom Industries stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Dycom Industries stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Dycom Industries stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Dycom Industries, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Dycom Stock please use our How to Invest in Dycom Industries guide.

Already Invested in Dycom Industries?

The danger of trading Dycom Industries is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Dycom Industries is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Dycom Industries. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Dycom Industries is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

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
1.662
Earnings Share
5.86
Revenue Per Share
134.915
Quarterly Revenue Growth
0.193
Return On Assets
0.0727
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.
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Z Score
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Piotroski
F Score
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M Score
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Financial
Analysis
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Buy or Sell
Advice
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Projections
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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.
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