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How to buy Dycom Industries stock | 73.86

Own Dycom Industries stock in just a few minutes.

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Dycom Industries, Inc is an engineering & construction business based in the US. Dycom Industries shares (DY) are listed on the NYSE and all prices are listed in US Dollars. Dycom Industries employs 15,230 staff and has a trailing 12-month revenue of around USD$3.3 billion.

How to buy shares in Dycom Industries

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Dycom Industries. Find the stock by name or ticker symbol: DY. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Dycom Industries reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of USD$73.86, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Dycom Industries, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Dycom Industries. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

How has coronavirus impacted Dycom Industries's share price?

Since the stock market crash in March caused by coronavirus, Dycom Industries's share price has had significant positive movement.

Its last market close was USD$73.86, which is 38.91% up on its pre-crash value of USD$45.12 and 503.43% up on the lowest point reached during the March crash when the shares fell as low as USD$12.24.

If you had bought USD$1,000 worth of Dycom Industries shares at the start of February 2020, those shares would have been worth USD$418.16 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth USD$1,797.75.

Dycom Industries share price

Use our graph to track the performance of DY stocks over time.

Dycom Industries shares at a glance

Information last updated 2020-10-20.
Latest market close USD$73.86
52-week range USD$12.24 - USD$69.31
50-day moving average USD$58.6677
200-day moving average USD$43.494
Wall St. target price USD$65
PE ratio 120.5636
Dividend yield N/A (0%)
Earnings per share (TTM) USD$0.55

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Dycom Industries stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Dycom Industries price performance over time

Historical closes compared with the close of $73.86 from 2020-11-16

1 week (2020-11-17) 0.61%
1 month (2020-10-23) 8.16%
3 months (2020-08-24) 55.89%
6 months (2020-05-22) 86.42%
1 year (2019-11-22) 54.81%
2 years (2018-11-23) 16.87%
3 years (2017-11-24) -29.04%
5 years (2015-11-24) -16.60%

Is Dycom Industries under- or over-valued?

Valuing Dycom Industries stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Dycom Industries's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Dycom Industries's P/E ratio

Dycom Industries's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 121x. In other words, Dycom Industries shares trade at around 121x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Dycom Industries's PEG ratio

Dycom Industries's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.58. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Dycom Industries's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Dycom Industries's EBITDA

Dycom Industries's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$308.3 million.

The EBITDA is a measure of a Dycom Industries's overall financial performance and is widely used to measure a its profitability.

Dycom Industries financials

Revenue TTM USD$3.3 billion
Operating margin TTM 3.82%
Gross profit TTM USD$568.2 million
Return on assets TTM 3.48%
Return on equity TTM 2.04%
Profit margin 0.54%
Book value $27.444
Market capitalisation USD$2.1 billion

TTM: trailing 12 months

Shorting Dycom Industries shares

There are currently 2.0 million Dycom Industries shares held short by investors – that's known as Dycom Industries's "short interest". This figure is 14% down from 2.3 million last month.

There are a few different ways that this level of interest in shorting Dycom Industries shares can be evaluated.

Dycom Industries's "short interest ratio" (SIR)

Dycom Industries's "short interest ratio" (SIR) is the quantity of Dycom Industries shares currently shorted divided by the average quantity of Dycom Industries shares traded daily (recently around 431820.43956044). Dycom Industries's SIR currently stands at 4.55. In other words for every 100,000 Dycom Industries shares traded daily on the market, roughly 4550 shares are currently held short.

However Dycom Industries's short interest can also be evaluated against the total number of Dycom Industries shares, or, against the total number of tradable Dycom Industries shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Dycom Industries's short interest could be expressed as 0.06% of the outstanding shares (for every 100,000 Dycom Industries shares in existence, roughly 60 shares are currently held short) or 0.074% of the tradable shares (for every 100,000 tradable Dycom Industries shares, roughly 74 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Dycom Industries.

Find out more about how you can short Dycom Industries stock.

Dycom Industries share dividends

We're not expecting Dycom Industries to pay a dividend over the next 12 months.

Have Dycom Industries's shares ever split?

Dycom Industries's shares were split on a 3:2 basis on 17 February 2000. So if you had owned 2 shares the day before before the split, the next day you'd have owned 3 shares. This wouldn't directly have changed the overall worth of your Dycom Industries shares – just the quantity. However, indirectly, the new 33.3% lower share price could have impacted the market appetite for Dycom Industries shares which in turn could have impacted Dycom Industries's share price.

Dycom Industries share price volatility

Over the last 12 months, Dycom Industries's shares have ranged in value from as little as $12.24 up to $69.31. A popular way to gauge a stock's volatility is its "beta".

DY.US volatility(beta: 1.85)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Dycom Industries's is 1.8456. This would suggest that Dycom Industries's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Dycom Industries overview

Dycom Industries, Inc. provides specialty contracting services in the United States. The company offers various specialty contracting services, including program management, engineering, construction, maintenance, and installation services, such as placement and splicing of fiber, copper, and coaxial cables to telecommunications providers. It also provides tower construction, lines and antenna installation, foundation and equipment pad construction, and small cell site placement for wireless carriers, as well as equipment installation and material fabrication, and site testing services; and installs and maintains customer premise equipment, such as digital video recorders, set top boxes, and modems for cable system operators. In addition, the company offers construction and maintenance services for electric and gas utilities, and other customers; and underground facility locating services, such as locating telephone, cable television, power, water, sewer, and gas lines for various utility companies, including telecommunication providers. Dycom Industries, Inc. was founded in 1969 and is headquartered in Palm Beach Gardens, Florida.

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