Dycom Industries (NYSE:DY – Get Free Report) announced its quarterly earnings data on Wednesday. The construction company reported $2.46 EPS for the quarter, topping analysts’ consensus estimates of $2.26 by $0.20, Briefing.com reports. The firm had revenue of $1.20 billion for the quarter, compared to the consensus estimate of $1.20 billion. Dycom Industries had a return on equity of 22.15% and a net margin of 5.38%. During the same quarter last year, the business posted $2.03 earnings per share. The firm’s revenue was up 15.5% compared to the same quarter last year.
Dycom Industries Stock Performance
NYSE:DY opened at $175.69 on Friday. Dycom Industries has a fifty-two week low of $78.42 and a fifty-two week high of $196.34. The company has a debt-to-equity ratio of 0.78, a quick ratio of 2.97 and a current ratio of 3.17. The company has a 50 day moving average price of $176.26 and a 200 day moving average price of $154.87. The stock has a market capitalization of $5.11 billion, a P/E ratio of 22.64, a PEG ratio of 1.91 and a beta of 1.45.
Insider Buying and Selling at Dycom Industries
In other news, VP Jason T. Lawson sold 856 shares of the firm’s stock in a transaction on Thursday, July 11th. The stock was sold at an average price of $174.48, for a total transaction of $149,354.88. Following the completion of the transaction, the vice president now directly owns 6,937 shares in the company, valued at $1,210,367.76. The transaction was disclosed in a document filed with the SEC, which is available at this link. 4.28% of the stock is owned by corporate insiders.
Analyst Upgrades and Downgrades
Check Out Our Latest Analysis on DY
About Dycom Industries
Dycom Industries, Inc provides specialty contracting services to the telecommunications infrastructure and utility industries in the United States. The company offers engineering services to telecommunications providers, including the planning and design of aerial, underground, and buried fiber optic, copper, and coaxial cable systems; wireless networks in connection with the deployment of macro cell and new small cell sites; and program and project management and inspection personnel.
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