Dycom Industries (NYSE:DY – Get Free Report) announced its earnings results on Wednesday. The construction company reported $2.12 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.39 by $0.73, Briefing.com reports. Dycom Industries had a net margin of 5.24% and a return on equity of 22.06%. The company had revenue of $1.14 billion during the quarter, compared to analysts’ expectations of $1.09 billion. During the same quarter in the previous year, the business posted $1.73 earnings per share. The firm’s quarterly revenue was up 9.3% compared to the same quarter last year.
Dycom Industries Price Performance
Shares of DY opened at $168.54 on Thursday. The company has a debt-to-equity ratio of 0.75, a current ratio of 3.06 and a quick ratio of 2.85. The company has a market cap of $4.90 billion, a P/E ratio of 22.68, a PEG ratio of 2.02 and a beta of 1.37. Dycom Industries has a 12 month low of $78.42 and a 12 month high of $170.39. The stock has a fifty day moving average price of $142.97 and a 200 day moving average price of $122.58.
Insider Transactions at Dycom Industries
In other Dycom Industries news, VP Jason T. Lawson sold 220 shares of Dycom Industries stock in a transaction on Monday, April 1st. The stock was sold at an average price of $140.27, for a total transaction of $30,859.40. Following the sale, the vice president now owns 7,793 shares of the company’s stock, valued at approximately $1,093,124.11. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 4.28% of the company’s stock.
Wall Street Analyst Weigh In
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Dycom Industries Company Profile
Dycom Industries, Inc provides specialty contracting services to the telecommunications infrastructure and utility industries in the United States. The company offers engineering services to telecommunications providers, including the planning and design of aerial, underground, and buried fiber optic, copper, and coaxial cable systems; wireless networks in connection with the deployment of macro cell and new small cell sites; and program and project management and inspection personnel.
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