Dycom Industries, Inc. (DY)
NYSE: DY · IEX Real-Time Price · USD
143.53
-0.12 (-0.08%)
Mar 28, 2024, 4:00 PM EDT - Market closed
Dycom Industries Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for Dycom Industries stock have an average target of 142.17, with a low estimate of 120 and a high estimate of 172. The average target predicts a decrease of -0.95% from the current stock price of 143.53.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for DY stock from 6 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 | Oct '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|---|
Strong Buy | 4 | 4 | 4 | 4 | 4 | 4 |
Buy | 1 | 1 | 1 | 2 | 2 | 2 |
Hold | 1 | 1 | 1 | 1 | 1 | 0 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 6 | 6 | 6 | 7 | 7 | 6 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Wells Fargo | Wells Fargo | Buy Maintains $145 → $165 | Buy | Maintains | $145 → $165 | +14.96% | Mar 12, 2024 |
B. Riley Securities | B. Riley Securities | Hold → Strong Buy Upgrades $101 → $172 | Hold → Strong Buy | Upgrades | $101 → $172 | +19.84% | Mar 8, 2024 |
Keybanc | Keybanc | Buy Maintains $136 → $149 | Buy | Maintains | $136 → $149 | +3.81% | Feb 29, 2024 |
Keybanc | Keybanc | Buy Initiates $136 | Buy | Initiates | $136 | -5.25% | Jan 10, 2024 |
B. Riley Securities | B. Riley Securities | Hold Maintains $94 → $101 | Hold | Maintains | $94 → $101 | -29.63% | Nov 22, 2023 |
Financial Forecast
Revenue This Year
4.63B
from 4.18B
Increased by 10.95%
Revenue Next Year
5.04B
from 4.63B
Increased by 8.74%
EPS This Year
7.57
from 7.37
Increased by 2.72%
EPS Next Year
8.96
from 7.57
Increased by 18.31%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 |
---|---|---|---|
High | 4.8B | 5.2B | 5.2B |
Avg | 4.6B | 5.0B | 5.1B |
Low | 4.2B | 4.8B | 4.9B |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 |
---|---|---|---|
High | 15.2% | 11.6% | 3.9% |
Avg | 11.0% | 8.7% | 2.0% |
Low | 1.3% | 2.8% | -3.0% |
EPS Forecast
EPS | 2024 | 2025 | 2026 |
---|---|---|---|
High | 8.66 | 10.61 | 11.13 |
Avg | 7.57 | 8.96 | 10.92 |
Low | 5.44 | 6.52 | 10.39 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 |
---|---|---|---|
High | 17.5% | 40.1% | 24.3% |
Avg | 2.7% | 18.3% | 21.9% |
Low | -26.2% | -13.9% | 16.0% |
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.