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.

Investment analysts gave a few price targets for DY. The most optimistic analyst gave a price target of 120, implying potential capital gains of 31.88 percent. The most pessimistic analyst gave a price target of 97, implying potential capital losses of 6.61 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change 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. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -4.47 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.

The growth rate of DY's earnings is estimated by analysts to be 4.07 percent. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of DY is 4.39.

In the last 52-weeks, DY has achieved a high of 110.64 and a low of 70.33. The current market price is above the trailing year's low by 29.38 percent, and below the high by 17.76 percent. 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.