Dycom Industries Stock Buy Hold or Sell Recommendation

DY Stock  USD 155.57  8.10  5.49%   
Allowing for the 90-day total investment horizon and your above-average risk tolerance, our recommendation regarding Dycom Industries is 'Cautious Hold'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Dycom Industries given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Dycom Industries, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Dycom Industries Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
For more information on how to buy Dycom Stock please use our How to Invest in Dycom Industries guide.
In addition, we conduct extensive research on individual companies such as Dycom and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Dycom Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.

Execute Dycom Industries Buy or Sell Advice

The Dycom recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Dycom Industries. Macroaxis does not own or have any residual interests in Dycom Industries or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Dycom Industries' advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Dycom IndustriesBuy Dycom Industries
Cautious Hold

Market Performance

Very WeakDetails

Volatility

Very steadyDetails

Hype Condition

Over hypedDetails

Current Valuation

UndervaluedDetails

Odds Of Distress

Very LowDetails

Economic Sensitivity

Almost mirrors the marketDetails

Investor Sentiment

ImpartialDetails

Analyst Consensus

Strong BuyDetails

Financial Strenth (F Score)

HealthyDetails

Financial Leverage

Not RatedDetails

Reporting Quality (M-Score)

Possible ManipulatorDetails
For the selected time horizon Dycom Industries has a Mean Deviation of 2.02, Standard Deviation of 2.68 and Variance of 7.2
Macroaxis provides advice on Dycom Industries to complement and cross-verify current analyst consensus on Dycom Industries. Our investment recommendation engine determines the company's potential to grow exclusively from the perspective of an investor's current risk tolerance and investing horizon. To make sure Dycom Industries is not overpriced, please confirm all Dycom Industries fundamentals, including its cash and equivalents, target price, and the relationship between the price to sales and book value per share . Given that Dycom Industries has a price to earning of 85.44 X, we urge you to verify Dycom Industries market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your prevailing risk tolerance and investing horizon.

Dycom Industries Trading Alerts and Improvement Suggestions

Dycom Industries generated a negative expected return over the last 90 days
Over 96.0% of the company shares are held by institutions such as insurance companies
Latest headline from finance.yahoo.com: Concerns Surrounding Dycom Industries Performance

Dycom Industries Returns Distribution Density

The distribution of Dycom Industries' historical returns is an attempt to chart the uncertainty of Dycom Industries' future price movements. The chart of the probability distribution of Dycom Industries daily returns describes the distribution of returns around its average expected value. We use Dycom Industries price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Dycom Industries returns is essential to provide solid investment advice for Dycom Industries.
Mean Return
-0.38
Value At Risk
-4.95
Potential Upside
3.25
Standard Deviation
2.68
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Dycom Industries historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Dycom Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument, such as Dycom Industries, soars without any apparent reason? This usually happens because many institutional investors are aggressively trading Dycom Industries back and forth among themselves.
Shares
Ack Asset Management Llc2024-12-31
445.5 K
Charles Schwab Investment Management Inc2024-12-31
410.4 K
Goldman Sachs Group Inc2024-12-31
361.7 K
Morgan Stanley - Brokerage Accounts2024-12-31
327 K
Norges Bank2024-12-31
320.6 K
Northern Trust Corp2024-12-31
320.5 K
Aristotle Capital Boston, Llc2024-12-31
318.1 K
Amvescap Plc.2024-12-31
305.3 K
Fmr Inc2024-12-31
295.3 K
Blackrock Inc2024-12-31
4.7 M
Peconic Partners Llc2024-12-31
3.7 M
Note, although Dycom Industries' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Dycom Industries Cash Flow Accounts

202020212022202320242025 (projected)
Change In Cash(46.3M)299.0M(86.6M)(123.1M)(8.4M)(8.0M)
Free Cash Flow323.7M151.6M(36.2M)40.5M98.6M103.6M
Depreciation175.9M152.7M144.2M163.1M198.6M208.5M
Other Non Cash Items73.7M35.1M20.7M10.1M8.8M13.1M
Capital Expenditures58.0M157.0M201.0M218.5M250.5M263.0M
Net Income34.3M48.6M142.2M218.9M233.4M245.1M
End Period Cash Flow13.6M312.6M226.0M102.5M94.5M68.7M
Change To Inventory103.8M(12.3M)(41.3M)3.1M2.8M2.9M
Change To Netincome4.5M15.8M13.7M5.7M6.6M6.4M
Change Receivables(231.7M)(41.8M)(40.7M)(173.7M)(156.3M)(148.5M)
Net Borrowings(30.6M)(319.2M)253.2M(17.5M)(15.8M)(15.0M)
Investments(44.6M)(151.7M)(183.9M)(306.2M)(395.2M)(375.4M)

Dycom Industries Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Dycom Industries or Construction & Engineering sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Dycom Industries' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Dycom stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over Dow Jones
-0.24
β
Beta against Dow Jones1.07
σ
Overall volatility
2.85
Ir
Information ratio -0.09

Dycom Industries Volatility Alert

Dycom Industries exhibits very low volatility with skewness of -0.33 and kurtosis of 0.52. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Dycom Industries' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Dycom Industries' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

Dycom Industries Fundamentals Vs Peers

Comparing Dycom Industries' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Dycom Industries' direct or indirect competition across all of the common fundamentals between Dycom Industries and the related equities. This way, we can detect undervalued stocks with similar characteristics as Dycom Industries or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Dycom Industries' fundamental indicators could also be used in its relative valuation, which is a method of valuing Dycom Industries by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Dycom Industries to competition
FundamentalsDycom IndustriesPeer Average
Return On Equity0.2-0.31
Return On Asset0.0789-0.14
Profit Margin0.05 %(1.27) %
Operating Margin0.05 %(5.51) %
Current Valuation5.28 B16.62 B
Shares Outstanding28.98 M571.82 M
Shares Owned By Insiders3.77 %10.09 %
Shares Owned By Institutions96.23 %39.21 %
Number Of Shares Shorted1.68 M4.71 M
Price To Earning85.44 X28.72 X
Price To Book3.48 X9.51 X
Price To Sales0.91 X11.42 X
Revenue3.77 B9.43 B
Gross Profit932.14 M27.38 B
EBITDA567.36 M3.9 B
Net Income233.41 M570.98 M
Cash And Equivalents224.19 M2.7 B
Cash Per Share4.64 X5.01 X
Total Debt1.06 B5.32 B
Debt To Equity1.13 %48.70 %
Current Ratio3.32 X2.16 X
Book Value Per Share42.76 X1.93 K
Cash Flow From Operations349.1 M971.22 M
Short Ratio3.15 X4.00 X
Earnings Per Share7.92 X3.12 X
Price To Earnings To Growth1.58 X4.89 X
Target Price217.14
Number Of Employees15.62 K18.84 K
Beta1.34-0.15
Market Capitalization4.27 B19.03 B
Total Asset2.95 B29.47 B
Retained Earnings1.22 B9.33 B
Working Capital1.11 B1.48 B
Note: Acquisition by Avila Marco Luis of 171 shares of Dycom Industries at 99.58 subject to Rule 16b-3 [view details]

Dycom Industries Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Dycom . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Dycom Industries Buy or Sell Advice

When is the right time to buy or sell Dycom Industries? Buying financial instruments such as Dycom Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

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Additional Tools for Dycom Stock Analysis

When running Dycom Industries' price analysis, check to measure Dycom Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Dycom Industries is operating at the current time. Most of Dycom Industries' value examination focuses on studying past and present price action to predict the probability of Dycom Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dycom Industries' price. Additionally, you may evaluate how the addition of Dycom Industries to your portfolios can decrease your overall portfolio volatility.