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Investor Insights

This summary was created by AI, based on 1 opinions in the last 12 months.

Experts agree that Dycom Industries is heavily involved in building rural communications infrastructure and is a major recipient of Federal government spending. With a backlog of $6 billion in projects, the stock is expected to see high volatility but is considered a very good long-term hold due to its strong management team.

Consensus
Positive
Valuation
Undervalued
PAST TOP PICK
Dycom Industries
(A Top Pick May 16/23, Up 55%)

Has a big piece of bringing the internet to rural America. Backlog represents about 18 months of revenue. Inexpensive at 15x.

REAL ESTATE
TOP PICK
Dycom Industries

Fibre cable throughout NA. 5 customers make up 66% of revenues, which can mean lumpy results, so you have to be comfortable with that prospect if you're going to buy this one. Weather can also push things off. Highly volatile, but trajectory is up and to the right. $6B backlog (or about 18 months of revenue), pushing to $7B by year's end, on the back of a $40B US infrastructure bill. Multiple is not extreme. No dividend.

(Analysts’ price target is $157.56)
REAL ESTATE
TOP PICK
Dycom Industries

Building rural communications infrastructure.
Massive recipient of Federal government spending.
Backlog of $6 billion in projects.
Expect high volatility in stock price.
Very good long term hold with strong management team.


REAL ESTATE
BUY
Dycom Industries
Will benefit huge from all the rural broadband spending in the infrastructure bill that will kick in next year.
REAL ESTATE
PAST TOP PICK
Dycom Industries
(A Top Pick Apr 13/21, Down 1.87%) Lumpy earnings. Highly affected by weather. Top 10 clients comprise 80% of their business. Direct beneficiary in an area that will get a lot of money from the infrastructure bill. A good hold, but a wild ride.
REAL ESTATE
BUY
Dycom Industries

Their earnings are lumpy with revenues coming from a limited number of clients. Beware. They are a big player in rewiring North America in 5G, which is a plus. Comcast, Google and others are big customers. The risk is, if one of these clients delays a project, then DY gets his for a quarter or so. Long term, this will do well and benefit from the long-term 5G theme.

REAL ESTATE
TOP PICK
Dycom Industries

An infrastructure company in telecoms; their biggest customers are telecoms like Verizon and Comcast. They string the contintent for 5G capability. Warning: It's a lumpy business, because it's bsed on fixed costs. However, Dycom is getting a lot of positive attention because they are the go-to business to lay the fibre optics for the coming 5G revolution. This can easily earn $6/share, so it's not expensive now. (Analysts’ price target is $102.00)

REAL ESTATE
BUY
Dycom Industries
Take profits? It's a construction and engineering company for telecoms. DY has had a big run, but there there's plenty of business for them ahead.
REAL ESTATE
COMMENT
Dycom Industries
They lay the cable for 5G technology. The trend for home offices and socializing through tech has accelerated during the lockdown, though it was already happening before the virus. This trend benefits Dycom. Short term, this will be a lumpy stock, because the big telecoms may but back their capital spending, but DY will do well over time.
REAL ESTATE
PAST TOP PICK
Dycom Industries
(A Top Pick Nov 13/18, Down 25%) Sometimes this business is frustrating and you have to be patient. A 5G play. Dycom will participate in a big way when it happens.
REAL ESTATE
HOLD
Dycom Industries
He owns this in their small cap portfolio and it has a good long term future. They roll out the engineering wire, cable and fiber to handle 5G projects. Their revenues are lumpy, because there are a limited number of customers right now. They are a fixed cost business, so at times the earnings will vary greatly.
REAL ESTATE
BUY
Dycom Industries
They provide infrastructure to get telecom equipment into place – into homes. We are rewiring North America for 1 Gig capacity. It's a lumpy company. Cable companies make up the majority of their business. Over time it should do very well.
REAL ESTATE
COMMENT
Dycom Industries
It's disappointing, but still is confident it'll do well. It's a bet on 5G. DY rewires North America to carry 5G fibre. Problem is Verizon, Google, etc. are not deplying capital as quickly as expected. Keep the faith, though.
REAL ESTATE
COMMENT
Dycom Industries
Contracting for the telecom industry. Not very familiar with it. They tend to focus on bigger companies. Finds your odd of success are greater when you are taking a broader basket or larger companies as opposed to micro caps. Small by U.S. standard with a $1.8B market cap.
REAL ESTATE
TOP PICK
Dycom Industries
It services telecoms. Consumers want faster and faster internet speeds. This is what DY does. But it's a lumpy stock because 78% of their business comes from five customers. Be patient with this. (Analysts’ price target is $100.63)
REAL ESTATE
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Dycom Industries(DY-N) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 1

Stockchase rating for Dycom Industries is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Dycom Industries(DY-N) Frequently Asked Questions

What is Dycom Industries stock symbol?

Dycom Industries is a American stock, trading under the symbol DY-N on the New York Stock Exchange (DY). It is usually referred to as NYSE:DY or DY-N

Is Dycom Industries a buy or a sell?

In the last year, 1 stock analyst published opinions about DY-N. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Dycom Industries.

Is Dycom Industries a good investment or a top pick?

Dycom Industries was recommended as a Top Pick by on . Read the latest stock experts ratings for Dycom Industries.

Why is Dycom Industries stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Dycom Industries worth watching?

1 stock analyst on Stockchase covered Dycom Industries In the last year. It is a trending stock that is worth watching.

What is Dycom Industries stock price?

On 2024-05-29, Dycom Industries (DY-N) stock closed at a price of $180.48.