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Dycom Industries (NYSE:DY) Director Charles B. Coe bought 15,000 shares of Dycom Industries stock in a transaction that occurred on Friday, January 10th. The stock was purchased at an average cost of $27.99 per share, with a total value of $419,850.00. Following the acquisition, the director now directly owns 30,782 shares in the company, valued at approximately $861,588. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Dycom Industries (NYSE:DY) traded up 0.29% during mid-day trading on Tuesday, hitting $27.39. 133,830 shares of the company’s stock traded hands. Dycom Industries has a 1-year low of $17.87 and a 1-year high of $31.75. The stock’s 50-day moving average is $27.72 and its 200-day moving average is $27.41. The company has a market cap of $924.5 million and a price-to-earnings ratio of 22.10.

Dycom Industries (NYSE:DY) last issued its quarterly earnings data on Monday, November 25th. The company reported $0.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.46 by $0.08. The company had revenue of $476.70 million for the quarter, compared to the consensus estimate of $486.10 million. During the same quarter in the prior year, the company posted $0.36 earnings per share. The company’s quarterly revenue was up 58.6% on a year-over-year basis. On average, analysts predict that Dycom Industries will post $1.48 earnings per share for the current fiscal year.

DY has been the subject of a number of recent research reports. Analysts at Zacks downgraded shares of Dycom Industries from a “neutral” rating to an “underperform” rating in a research note to investors on Tuesday. They now have a $25.90 price target on the stock. Separately, analysts at BB&T Corp. reiterated a “buy” rating on shares of Dycom Industries in a research note to investors on Wednesday, November 27th. They now have a $37.00 price target on the stock. Finally, analysts at Craig Hallum downgraded shares of Dycom Industries from a “buy” rating to a “hold” rating in a research note to investors on Wednesday, November 27th. They now have a $28.00 price target on the stock. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $29.55.

Dycom Industries, Inc (NYSE:DY) is a provider of specialty contracting services.

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