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.

Several price targets were given for DY by the analysts covering the stock. The highest price target was 120, implying a possible profit of 31.88 percent. The most pessimistic price target was 97, implying potential capital losses 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.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts made negative revisions to their fiscal year's estimates.

DY has an estimated earnings growth rate of 4.07 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, though it could be better to see where the ratio stands relative to peers in the industry. DY has a PEG ratio of 4.39.

In the last 52-weeks, DY has achieved a high of 110.64 and a low of 70.33. Currently the stock is 29.38 percent higher than its low, and below the high by 17.76 percent. DY has a price/earnings 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 will post this quarters earnings in days, on 0000-00-00.