For its third fiscal quarter (ending October 31), Dycom Industries Inc. (NYSE: DY) has reported a -16% decline in E.P.S. from $2.85 a year ago to $2.39 in the current quarter. For the latest four quarters through October 31, E.P.S. were $7.69 compared to $7.50 a year ago — an increase of 3%.
Recent Price Action
Dycom Industries Inc. (NYSE: DY) stock closed at $176.56 on 11/20/24 after a major decline of -12.9%. Moreover, this decline was accompanied by exceptionally high trading volume at 378% of normal. The stock has declined -6.7% during the last week but has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Dycom Industries has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Dycom Industries has a slightly negative Appreciation Score of 30 but a very high Power Rating of 97, and the Positive Value Trend Rating results.
Rating Review
In light of this new information and highly negative price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
Be the first to comment