Dycom Industries, Inc. (NYSE: DY): Stock Market Analysts Expect $821.88 Mil Quarterly Sales

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NYSE: DY
NYSE: DY

The analysts of equities research from Zacks Investment Research predict that Dycom Industries are soon going to report a sale of  $821.88 for the latest fiscal year in the stock market. The estimates made for the incomes of the Dycom Industries are lowest of $820.60 Mil to $823.85 Mil highest.  A 7% growth negatively per year has been noted by the company in the same quarter in the last year. The next announcements are likely to take place on 24th November, Tuesday.

For the recent fiscal year, the stock market will see Dycom Industries report a sale of $3.20 B as the complete year sales. The range may vary from $3.18 B to $3.25 B.  The mean average is calculated by the research analyst team by the Zack Investment research, that works on the NYSE: DY.  

NYSE: DY Quarterly Earnings

During the Wednesday report, the 26th of August, the data of the earning details were released by Dycom Industries. Estimates of consensus by analysts were lowered down from $0.68 to $0.50. A net margin of 0.54%  was noted by NYSE: DY in the stock market with an equity return of 8.12%. During the ongoing quarter, the revenue of $823.90 Mil was noted against estimates analyzed by the experts which were $846.67 Mil. While the business earned 41.09 EPS. compared to the same quarter last year the stock market noted the fall of revenue by 6.8% by Dycom Industries from the same last quarter the previous year.

Research Note Ratings of NYSE: DY 

Comparing different aspects of the stock market, analysts like the Vertical Group brought down the shares of the stock market for NYSE: DY from the buying rate and holding rate on 8th September Tuesday. Investment analysts say that they rated the stock with the hold rating and also many had given the company a buying rating. The current average price target of the company is $50.19 along with an average buying rate.

On Friday  NYSE: DY started with $68.29. A 52 week-long low is witnessed by Dycom Industries with $12.24, and the company also witnessed a  high 52 week with $70.27.

The debt to equity ratio, current ratio, and a quick ratio of Dycom Industries are 0.76, 3.18, and 2.99. The market capitalization of the company is at around $2.17 B and the P/E ratio amounts to 128.85 and the beta is 1.84. Fifty days moving average of the company is $59.18 and the average for 200 days moving is $44.25.

5.66% of the stocks of the company are owned completely by the insiders of the corporate world. Stakes in Dycom Industries (NYSE: DY) are also increasing in each quarter due to the investors in the construction company.