Dycom Industries, Inc. (DY)
NYSE: DY · IEX Real-Time Price · USD
179.96
-4.37 (-2.37%)
May 31, 2024, 4:00 PM EDT - 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 184.88, with a low estimate of 127 and a high estimate of 205. The average target predicts an increase of 2.73% from the current stock price of 179.96.
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 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 6 |
| Buy | 1 | 2 | 2 | 2 | 2 | 2 |
| Hold | 1 | 1 | 1 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 7 | 7 | 6 | 6 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $172 → $205 | Strong Buy | Maintains | $172 → $205 | +13.91% | May 31, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $160 → $198 | Strong Buy | Maintains | $160 → $198 | +10.02% | May 29, 2024 |
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $145 → $190 | Strong Buy | Maintains | $145 → $190 | +5.58% | May 23, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $175 → $185 | Buy | Maintains | $175 → $185 | +2.80% | May 23, 2024 |
| Raymond James | Raymond James | Strong Buy Maintains $143 → $195 | Strong Buy | Maintains | $143 → $195 | +8.36% | May 23, 2024 |
Financial Forecast
Revenue This Year
4.68B
from 4.18B
Increased by 12.15%
Revenue Next Year
5.06B
from 4.68B
Increased by 8.09%
EPS This Year
7.87
from 7.37
Increased by 6.76%
EPS Next Year
9.19
from 7.87
Increased by 16.75%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.9B | 5.3B | 5.2B |
| Avg | 4.7B | 5.1B | 5.1B |
| Low | 4.4B | 4.7B | 4.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 17.5% | 12.7% | 3.5% |
| Avg | 12.2% | 8.1% | 1.5% |
| Low | 4.8% | -0.3% | -3.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 8.95 | 10.61 | 11.13 |
| Avg | 7.87 | 9.19 | 10.92 |
| Low | 5.44 | 6.52 | 10.39 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 21.4% | 34.8% | 21.2% |
| Avg | 6.8% | 16.8% | 18.9% |
| Low | -26.2% | -17.2% | 13.1% |
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.