Dycom Industries, Inc (NYSE: DY) on Tuesday, soared 4.38% from the previous trading day, before settling in for the closing price of $182.77. Within the past 52 weeks, DY’s price has moved between $105.67 and $207.20.
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A company in the Industrials sector has jumped its sales by 6.34% annually for the last half of the decade. The company achieved an average annual earnings per share of 11.84%. With a float of $28.11 million, this company’s outstanding shares have now reached $29.18 million.
In an organization with 15611 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 11.5%, operating margin of 8.74%, and the pretax margin is 6.86%.
Dycom Industries, Inc (DY) Insider and Institutional Ownership
Observing investor behavior towards Engineering & Construction industry stocks is more important than anything else. The insider ownership of Dycom Industries, Inc is 3.66%, while institutional ownership is 95.36%. The most recent insider transaction that took place on Jul 11 ’24, was worth 149,355. In this transaction VP and CHRO of this company sold 856 shares at a rate of $174.48, taking the stock ownership to the 6,937 shares. Before that another transaction happened on Apr 01 ’24, when Company’s VP and CHRO sold 220 for $140.27, making the entire transaction worth $30,859. This insider now owns 7,793 shares in total.
Dycom Industries, Inc (DY) Latest Financial update
As on 10/31/2024, Multinational firm has announced its last quarter scores, in which it reported 0.79 earnings per share (EPS) for the period falling under the consensus outlook (set at 0.96) by -0.17. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.85 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 11.84% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 17.94% during the next five years compared to 30.25% growth over the previous five years of trading.
Dycom Industries, Inc (NYSE: DY) Trading Performance Indicators
Dycom Industries, Inc (DY) is currently performing well based on its current performance indicators. A quick ratio of 2.93 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.22. Likewise, its price to free cash flow for the trailing twelve months is 52.19.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.60, a number that is poised to hit 0.93 in the next quarter and is forecasted to reach 9.33 in one year’s time.
Technical Analysis of Dycom Industries, Inc (DY)
Let’s dig in a bit further. During the last 5-days, its volume was 0.35 million. That was better than the volume of 0.3 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 46.81%. Additionally, its Average True Range was 8.26.
During the past 100 days, Dycom Industries, Inc’s (DY) raw stochastic average was set at 65.79%, which indicates a significant increase from 57.92% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 69.10% in the past 14 days, which was higher than the 45.56% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $188.17, while its 200-day Moving Average is $167.84. However, in the short run, Dycom Industries, Inc’s stock first resistance to watch stands at $196.06. Second resistance stands at $201.34. The third major resistance level sits at $207.99. If the price goes on to break the first support level at $184.13, it is likely to go to the next support level at $177.48. The third support level lies at $172.20 if the price breaches the second support level.
Dycom Industries, Inc (NYSE: DY) Key Stats
Market capitalization of the company is 5.57 billion based on 29,176K outstanding shares. Right now, sales total 4,176 M and income totals 218,920 K. The company made 1,272 M in profit during its latest quarter, and 69,790 K in sales during its previous quarter.
