Dycom Industries’s “Outperform” Rating Reiterated at FBR Capital Markets (DY)
Dycom Industries (NYSE:DY) traded down 0.07% on Thursday, hitting $29.95. The stock had a trading volume of 116,163 shares. Dycom Industries has a one year low of $23.69 and a one year high of $34.00. The stock has a 50-day moving average of $29.19 and a 200-day moving average of $30.19. The company has a market cap of $1.017 billion and a price-to-earnings ratio of 26.06.
Dycom Industries (NYSE:DY) last announced its earnings results on Tuesday, August 26th. The company reported $0.47 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.47. The company had revenue of $482.10 million for the quarter, compared to the consensus estimate of $487.20 million. During the same quarter last year, the company posted $0.44 earnings per share. Dycom Industries’s revenue was up .7% compared to the same quarter last year. Analysts expect that Dycom Industries will post $1.60 EPS for the current fiscal year.
Dycom Industries, Inc is a provider of specialty contracting services. The services, which are provided throughout the United States and in Canada, include engineering, construction, maintenance and installation services to telecommunications providers, underground facility locating services to various utilities, including telecommunications providers, and other construction and maintenance services to electric and gas utilities and others.
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