Dycom Industries (DY) Earns Media Sentiment Score of 0.08

News headlines about Dycom Industries (NYSE:DY) have trended somewhat positive on Monday, according to Accern. The research firm identifies negative and positive news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Dycom Industries earned a media sentiment score of 0.08 on Accern’s scale. Accern also gave media stories about the construction company an impact score of 48.0454127066176 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

These are some of the news articles that may have impacted Accern’s scoring:

Several research firms have recently weighed in on DY. B. Riley reissued a “buy” rating on shares of Dycom Industries in a research report on Wednesday, November 1st. Canaccord Genuity reaffirmed a “buy” rating and issued a $125.00 price objective (up previously from $110.00) on shares of Dycom Industries in a research report on Tuesday, February 13th. Craig Hallum reaffirmed a “buy” rating and issued a $129.00 price objective (up previously from $114.00) on shares of Dycom Industries in a research report on Tuesday, February 13th. DA Davidson upped their price objective on Dycom Industries to $100.00 and gave the company a “neutral” rating in a research report on Tuesday, November 21st. Finally, Zacks Investment Research raised Dycom Industries from a “sell” rating to a “hold” rating in a research report on Thursday, November 30th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and ten have issued a buy rating to the company’s stock. Dycom Industries currently has an average rating of “Buy” and a consensus target price of $121.50.

Dycom Industries (NYSE DY) opened at $115.11 on Monday. The company has a market capitalization of $3,561.39, a price-to-earnings ratio of 27.15, a price-to-earnings-growth ratio of 1.64 and a beta of 1.36. The company has a debt-to-equity ratio of 1.07, a current ratio of 3.16 and a quick ratio of 2.86. Dycom Industries has a 12-month low of $73.95 and a 12-month high of $123.99.

Dycom Industries (NYSE:DY) last announced its quarterly earnings data on Monday, November 20th. The construction company reported $0.99 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.90 by $0.09. Dycom Industries had a return on equity of 22.49% and a net margin of 4.46%. The company had revenue of $756.20 million for the quarter, compared to the consensus estimate of $729.35 million. During the same quarter in the prior year, the company posted $1.67 EPS. Dycom Industries’s quarterly revenue was down 5.4% on a year-over-year basis. equities research analysts expect that Dycom Industries will post 3.96 earnings per share for the current fiscal year.

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About Dycom Industries

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.

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