$1.18 EPS Expected for Dycom Industries, Inc. (DY)

August 13, 2018 - By Michele Cranor

Investors sentiment decreased to 0.87 in Q1 2018. Its down 0.14, from 1.01 in 2017Q4. It dropped, as 30 investors sold Dycom Industries, Inc. shares while 106 reduced holdings. 32 funds opened positions while 86 raised stakes. 28.44 million shares or 4.05% less from 29.64 million shares in 2017Q4 were reported.
Ameritas Investment Prtnrs Inc reported 0.06% of its portfolio in Dycom Industries, Inc. (NYSE:DY). Cim Invest Mangement stated it has 1,950 shares or 0.07% of all its holdings. Moreover, Alliancebernstein Lp has 0.1% invested in Dycom Industries, Inc. (NYSE:DY). Bb&T Secs Limited Liability, a Virginia-based fund reported 15,977 shares. Thompson Davis And holds 100 shares. Teacher Retirement Sys Of Texas owns 0% invested in Dycom Industries, Inc. (NYSE:DY) for 6,848 shares. Stratos Wealth Partners holds 600 shares. York Capital Glob Advisors Ltd Company owns 1% invested in Dycom Industries, Inc. (NYSE:DY) for 414,895 shares. Eagle Boston Inv Management stated it has 168,460 shares or 1.8% of all its holdings. 27,696 were accumulated by Hightower Advsrs Ltd Llc. Wg Shaheen Associates Dba Whitney stated it has 60,171 shares. Hsbc Holdg Public Ltd stated it has 4,058 shares or 0% of all its holdings. Royal Comml Bank Of Canada accumulated 400,868 shares. Hodges Capital Management accumulated 22,550 shares. Georgia-based Signaturefd Ltd Limited Liability Company has invested 0% in Dycom Industries, Inc. (NYSE:DY).

Since March 7, 2018, it had 1 buying transaction, and 1 insider sale for $94,424 activity. Another trade for 2,000 shares valued at $189,620 was bought by Sykes Richard K.

Analysts expect Dycom Industries, Inc. (NYSE:DY) to report $1.18 EPS on August, 29.They anticipate $0.29 EPS change or 19.73 % from last quarter’s $1.47 EPS. DY’s profit would be $36.80M giving it 19.01 P/E if the $1.18 EPS is correct. After having $0.65 EPS previously, Dycom Industries, Inc.’s analysts see 81.54 % EPS growth. The stock decreased 0.10% or $0.09 during the last trading session, reaching $89.71. About 382,442 shares traded. Dycom Industries, Inc. (NYSE:DY) has risen 11.11% since August 13, 2017 and is uptrending. It has underperformed by 1.46% the S&P500.

Dycom Industries, Inc. (NYSE:DY) Ratings Coverage

Among 5 analysts covering Dycom Industries (NYSE:DY), 5 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Dycom Industries had 7 analyst reports since February 13, 2018 according to SRatingsIntel. B. Riley & Co maintained Dycom Industries, Inc. (NYSE:DY) on Tuesday, February 13 with “Buy” rating. The rating was maintained by FBR Capital with “Buy” on Wednesday, February 28. FBR Capital maintained the shares of DY in report on Wednesday, May 23 with “Buy” rating. B. Riley & Co maintained Dycom Industries, Inc. (NYSE:DY) rating on Thursday, March 1. B. Riley & Co has “Buy” rating and $137 target. On Wednesday, May 23 the stock rating was maintained by KeyBanc Capital Markets with “Overweight”. On Wednesday, May 23 the stock rating was maintained by Stifel Nicolaus with “Buy”. On Tuesday, February 13 the stock rating was maintained by Canaccord Genuity with “Buy”.

Dycom Industries, Inc. provides specialty contracting services in the United States and Canada. The company has market cap of $2.80 billion. The firm offers various specialty contracting services, such as engineering, construction, maintenance, and installation services comprising placement and splicing of fiber, copper, and coaxial cables to telecommunications providers. It has a 24.87 P/E ratio. It also provides tower construction, lines and antenna installation, and foundation and equipment pad construction for wireless carriers, as well as equipment installation and material fabrication, and site testing services; and installs and maintains customer premise equipment, such as digital video recorders, set top boxes, and modems for cable television system operators.

Another recent and important Dycom Industries, Inc. (NYSE:DY) news was published by Nasdaq.com which published an article titled: “New Research Coverage Highlights EPAM, Office Depot, Dycom Industries, Pool, Autodesk, and Oritani Financial …” on July 26, 2018.

Dycom Industries, Inc. (NYSE:DY) Institutional Positions Chart

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