Dycom Industries, Inc. (DY)
NYSE: DY · IEX Real-Time Price · USD
174.86
-0.63 (-0.36%)
At close: Jul 19, 2024, 4:00 PM
174.87
+0.01 (0.01%)
After-hours: Jul 20, 2024, 12:57 PM EDT
Dycom Industries Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for Dycom Industries stock have an average target of 186.75, with a low estimate of 127 and a high estimate of 205. The average target predicts an increase of 6.80% from the current stock price of 174.86.
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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 5 | 5 | 6 | 6 | 6 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 1 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 7 | 8 | 8 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Buy Maintains $185 → $200 | Buy | Maintains | $185 → $200 | +14.38% | Jul 17, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $172 → $205 | Strong Buy | Maintains | $172 → $205 | +17.24% | May 31, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $160 → $198 | Strong Buy | Maintains | $160 → $198 | +13.23% | May 29, 2024 |
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $145 → $190 | Strong Buy | Maintains | $145 → $190 | +8.66% | May 23, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $175 → $185 | Buy | Maintains | $175 → $185 | +5.80% | May 23, 2024 |
Financial Forecast
Revenue This Year
4.80B
from 4.18B
Increased by 14.91%
Revenue Next Year
5.19B
from 4.80B
Increased by 8.23%
EPS This Year
8.41
from 7.37
Increased by 14.06%
EPS Next Year
9.32
from 8.41
Increased by 10.93%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 5.0B | 5.4B | 6.3B |
| Avg | 4.8B | 5.2B | 5.8B |
| Low | 4.4B | 4.8B | 5.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 19.3% | 13.0% | 21.9% |
| Avg | 14.9% | 8.2% | 11.1% |
| Low | 6.1% | 0.9% | -2.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 8.95 | 10.61 | 12.85 |
| Avg | 8.41 | 9.32 | 11.76 |
| Low | 7.06 | 6.80 | 10.39 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 21.4% | 26.2% | 37.8% |
| Avg | 14.1% | 10.9% | 26.1% |
| Low | -4.3% | -19.1% | 11.4% |
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.