Dycom Industries, Inc. (DY)
NYSE: DY · Real-Time Price · USD
176.56
-26.23 (-12.93%)
Nov 20, 2024, 4:00 PM EST - Market closed
Dycom Industries Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for Dycom Industries stock have an average target of 206.13, with a low estimate of 190 and a high estimate of 227. The average target predicts an increase of 16.75% from the current stock price of 176.56.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for DY stock from 8 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 6 | 5 | 5 | 5 | 6 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 8 | 7 | 7 | 7 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| DA Davidson | DA Davidson | Strong Buy Maintains $210 | Strong Buy | Maintains | $210 | +18.94% | Nov 19, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $200 → $215 | Buy | Maintains | $200 → $215 | +21.77% | Nov 15, 2024 |
| Keybanc | Keybanc | Buy Maintains $200 → $227 | Buy | Maintains | $200 → $227 | +28.57% | Oct 8, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $198 → $204 | Strong Buy | Maintains | $198 → $204 | +15.54% | Aug 23, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $205 → $208 | Strong Buy | Maintains | $205 → $208 | +17.81% | Aug 22, 2024 |
Financial Forecast
Revenue This Year
4.78B
from 4.18B
Increased by 14.36%
Revenue Next Year
5.38B
from 4.78B
Increased by 12.63%
EPS This Year
8.24
from 7.37
Increased by 11.86%
EPS Next Year
9.62
from 8.24
Increased by 16.72%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.9B | 5.6B | 6.3B |
| Avg | 4.8B | 5.4B | 5.9B |
| Low | 4.5B | 4.9B | 5.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 17.9% | 17.9% | 17.0% |
| Avg | 14.4% | 12.6% | 9.6% |
| Low | 7.9% | 3.0% | -0.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 9.03 | 10.66 | 12.53 |
| Avg | 8.24 | 9.62 | 11.47 |
| Low | 7.48 | 8.38 | 10.44 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 22.5% | 29.3% | 30.2% |
| Avg | 11.9% | 16.7% | 19.2% |
| Low | 1.5% | 1.6% | 8.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.