Zacks Investment Research disclosed Dycom Industries, Inc. (NYSE:DY), hiking its price target to $95.00 earlier today
- Updated: October 5, 2016
Yesterday Dycom Industries, Inc. (NYSE:DY) traded -0.63% lower at $85.09. The company’s 50-day moving average is $83.71 and its 200-day moving average is $80.88. The last stock close price is up 4.74% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 568,400 shares of the stock were exchanged, down from an average trading volume of 809,268
Stating a potential upside of 0.12%, Zacks Investment Research increased the stock price target of Dycom Industries, Inc. (NYSE:DY) to $95.00
Previously on Thursday September 08, 2016, Vetr Inc. reported about Dycom Industries, Inc. (NYSE:DY) raised the target price from $0.00 to $110.54. At the time, this indicated a possible upside of 0.29%.
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Dycom Industries, Inc. has a 52 week low of $47.10 and a 52 week high of $98.45 with a P/E ratio of 21.78 The company’s market cap is currently $0.
In addition to Zacks Investment Research reporting its target price, a total of 7 firms have reported on the stock. The consensus target price is $91.00 with 0 firms rating the stock a strong buy, 0 firms rating the stock a buy, 0 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.
About Dycom Industries, Inc. (NYSE:DY)
Dycom Industries, Inc. is a provider of specialty contracting services throughout the United States and in Canada. The Company, through its subsidiaries, provides program management, engineering, construction, maintenance and installation services for telecommunications providers, underground facility locating services for various utilities, including telecommunications providers, and other construction and maintenance services for electric and gas utilities. The Company provides the labor, tools and equipment necessary to design, engineer, locate, maintain, expand, install and upgrade the telecommunications infrastructure of its customers. The Company 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. The Company's subsidiaries include CertusView Technologies, LLC and Dycom Investments, Inc.
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