Analyst Ratings for Dycom Industries Inc. (DY)

Updated: 2017-07-26

Dycom Industries Inc. (NYSE:DY) was awarded an average rating of Buy from investment analysts following the stock. About 30 days ago, DY was issued an average rating of Buy.

Of the 9 analysts covering the stock, 7 gave it a buy rating, 0 gave an overweight rating, 2 gave a hold rating, 0 gave an underweight rating, and 0 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.

Many analysts weighed in on price targets for DY. The maximum price target given was 120, implying potential capital gains of 31.88 percent. The most pessimistic analyst gave a price target of 97, which equates to a potential downside of 6.61 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. The average change in earnings estimates over the last 90 days is -19.55 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of -4.47 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 0 analysts that revised their FY estimates downwards.

DY has an estimated earnings growth rate of 4.07 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of DY is 4.39.

DY has traded between a high of 110.64 and a low of 70.33 over the past year. Today's price is 29.38 percent above the 52-week low, and 17.76 percent lower than its 52-week high. DY has a P/E ratio of 17.88. Investors typically compare the P/E ratio to a company's peers in the industry. The DY value stock report compares DY to some of its peers using value stock charts. The market cap of DY is $2.79 billion. DY's next earnings release will be on 0000-00-00, which is days away.