Dycom Industries Reaches New 1-Year High Time to Buy?

DY Stock  USD 180.84  4.14  2.34%   
Slightly above 71 percent of all Dycom Industries' investors are curious in acquiring. The current sentiment regarding investing in Dycom Industries stock implies that a large number of traders are confidant. Dycom Industries' investing sentiment can be driven by a variety of factors including economic data, Dycom Industries' earnings reports, geopolitical events, and overall market trends.
  
Dycom Industries, Inc. shares hit a new 52-week high during mid-day trading on Monday . The stock traded as high as 205.00 and last traded at 205.00, with a volume of 30999 shares trading hands. The stock had previously closed at 198.33. Analysts Set New Price Targets DY has been

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Dycom Industries Investor Sentiment by Other News Outlets

Investor sentiment, mood or attitude towards Dycom Industries can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

Dycom Industries Maximum Pain Price Across January 17th 2025 Option Contracts

Dycom Industries' options can also be used to analyze investors' bias and current market sentiment in the context of behavioral finance. For example, Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of Dycom Industries close to the expiration of its current option contract to expire worthlessly. According to most research, about 35% of options are not executed, with roughly 50% traded out before expiration. So, Max pain occurs when market makers reach a net favorable position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthlessly. Please continue to view the detailed analysis of Dycom Industries' options.

Dycom Industries Fundamental Analysis

We analyze Dycom Industries' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Dycom Industries using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Dycom Industries based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Probability Of Bankruptcy

Probability Of Bankruptcy Comparative Analysis

Dycom Industries is currently under evaluation in probability of bankruptcy category among its peers. Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.

Dycom Industries Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Dycom Industries stock to make a market-neutral strategy. Peer analysis of Dycom Industries could also be used in its relative valuation, which is a method of valuing Dycom Industries by comparing valuation metrics with similar companies.

Peers

Dycom Industries Related Equities

MTZMasTec   4.79   
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FIXComfort Systems   4.68   
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ROADConstruction Partners   4.28   
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MTRXMatrix Service   4.24   
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MYRGMYR   3.74   
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PRIMPrimoris Services   3.52   
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EMEEMCOR   3.50   
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73.0%
PWRQuanta Services   3.49   
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72.0%
BLDTopbuild Corp   2.00   
0%
41.0%
APGApi Group   2.00   
0%
41.0%
GVAGranite Construction   1.73   
0%
36.0%
JJacobs Solutions   0.63   
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13.0%

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.