Dycom Industries (NYSE:DY) is set to announce its earnings results before the market opens on Wednesday, August 28th. Analysts expect the company to announce earnings of $0.84 per share for the quarter.

Dycom Industries (NYSE:DY) last posted its quarterly earnings results on Tuesday, May 21st. The construction company reported $0.53 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.43 by $0.10. The business had revenue of $883.70 million during the quarter, compared to analyst estimates of $771.90 million. Dycom Industries had a return on equity of 10.52% and a net margin of 1.86%. The business’s revenue was up 20.8% compared to the same quarter last year. During the same period in the prior year, the business earned $0.65 earnings per share. On average, analysts expect Dycom Industries to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Shares of DY stock traded up $0.52 during trading hours on Thursday, reaching $43.84. The company had a trading volume of 26,035 shares, compared to its average volume of 374,799. The company has a debt-to-equity ratio of 1.11, a quick ratio of 3.14 and a current ratio of 3.45. The stock has a fifty day moving average of $52.34 and a 200-day moving average of $52.20. The company has a market capitalization of $1.38 billion, a price-to-earnings ratio of 15.77, a PEG ratio of 2.27 and a beta of 1.31. Dycom Industries has a 12-month low of $41.42 and a 12-month high of $85.65.

DY has been the subject of a number of analyst reports. Zacks Investment Research upgraded Dycom Industries from a “sell” rating to a “hold” rating in a research report on Friday, May 24th. Canaccord Genuity decreased their price objective on Dycom Industries from $68.00 to $64.00 and set a “buy” rating on the stock in a report on Wednesday, May 22nd. They noted that the move was a valuation call. ValuEngine cut Dycom Industries from a “hold” rating to a “sell” rating in a report on Monday, May 20th. Deutsche Bank upped their price objective on Dycom Industries from $54.00 to $62.00 and gave the company a “buy” rating in a report on Wednesday, May 22nd. Finally, Craig Hallum reiterated an “in-line” rating and issued a $65.00 price objective (up from $51.00) on shares of Dycom Industries in a report on Wednesday, May 22nd. One investment analyst has rated the stock with a sell rating, three have given a hold rating and five have given a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $62.13.

Dycom Industries Company Profile

Dycom Industries, Inc provides specialty contracting services in the United States. The company offers various specialty contracting services, including program management, engineering, construction, maintenance, and installation services, such as placement and splicing of fiber, copper, and coaxial cables to telecommunications providers.

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Earnings History for Dycom Industries (NYSE:DY)

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