UBS initiated coverage on Dycom Industries with a new price target
$DY
Water Sewer Pipeline Comm & Power Line Construction
Industrials
UBS initiated coverage of Dycom Industries with a rating of Buy and set a new price target of $125.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/8/2024 | $101.00 → $172.00 | Neutral → Buy | B. Riley Securities |
| 1/10/2024 | $136.00 | Overweight | KeyBanc Capital Markets |
| 10/20/2023 | $120.00 | Outperform → Strong Buy | Raymond James |
| 10/3/2023 | $120.00 | Buy | BofA Securities |
| 7/26/2023 | $134.00 → $111.00 | Buy → Neutral | B. Riley Securities |
| 6/1/2023 | $120.00 | Outperform | Raymond James |
| 5/25/2023 | $105.00 → $120.00 | Equal Weight → Overweight | Wells Fargo |
| 2/15/2023 | $120.00 → $88.00 | Overweight → Equal Weight | Wells Fargo |
10-Q - DYCOM INDUSTRIES INC (0000067215) (Filer)
8-K - DYCOM INDUSTRIES INC (0000067215) (Filer)
8-K - DYCOM INDUSTRIES INC (0000067215) (Filer)
During the last three months, 10 analysts shared their evaluations of Dycom Industries (NYSE:DY), revealing diverse outlooks from bullish to bearish. The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 5 5 0 0 0 Last 30D 0 1 0 0 0 1M Ago 0 0 0 0 0 2M Ago 5 3 0 0 0 3M Ago 0 1 0 0 0 Analysts have recently evaluated Dycom Industries and provided 12-month price targets. The average target is $189.6, accompanied by a high estimate of $205.00 and a low estimate of $169.00. Witnessing a posit
Wells Fargo analyst Eric Luebchow maintains Dycom Industries (NYSE:DY) with a Overweight and raises the price target from $185 to $200.
In preparation for his retirement, Nielsen worked closely with the Board of Directors on a comprehensive multi-year succession plan. As a result of that process, Daniel S. Peyovich, the Company's Executive Vice President and Chief Operating Officer, has been appointed the Company's next CEO, effective upon Mr. Nielsen's retirement. Nielsen remains CEO and Chair of the Board until his retirement, at which point he will step down as a director.
B. Riley Securities upgraded Dycom from Neutral to Buy and set a new price target of $172.00 from $101.00 previously
KeyBanc Capital Markets initiated coverage of Dycom with a rating of Overweight and set a new price target of $136.00
Raymond James upgraded Dycom from Outperform to Strong Buy and set a new price target of $120.00
SC 13G/A - DYCOM INDUSTRIES INC (0000067215) (Subject)
SC 13G/A - DYCOM INDUSTRIES INC (0000067215) (Subject)
SC 13G/A - DYCOM INDUSTRIES INC (0000067215) (Subject)
4 - DYCOM INDUSTRIES INC (0000067215) (Issuer)
4 - DYCOM INDUSTRIES INC (0000067215) (Issuer)
4 - DYCOM INDUSTRIES INC (0000067215) (Issuer)
Chief Executive Officer Steven E. Nielsen to Retire in November 2024 Executive Vice President and Chief Operating Officer Daniel S. Peyovich to Become Next CEO PALM BEACH GARDENS, Fla., June 17, 2024 (GLOBE NEWSWIRE) -- Dycom Industries, Inc. (NYSE:DY) ("Dycom" or the "Company") today announced that after 25 years of service as Chief Executive Officer, Steven E. Nielsen will retire on November 30, 2024. In preparation for his retirement, Mr. Nielsen worked closely with the Board of Directors (the "Board") on a comprehensive multi-year succession plan. As a result of that process, Daniel S. Peyovich, the Company's Executive Vice President and Chief Operating Officer, has been appointed
NetApp (NASDAQ:NTAP), a global, cloud-led, data-centric software company, today announced that Anders Gustafsson, executive chair of Zebra Technologies, has joined its Board of Directors. This brings the number of directors on the NetApp Board of Directors to ten, nine of whom are independent and 30% of whom have been appointed within the last five years. "I am pleased to welcome Anders to our Board," said George Kurian, chief executive officer of NetApp. "His strong leadership experience driving business transformation in the digital era, combined with deep experience in technology and strategic planning, will benefit NetApp as we accelerate our innovation agenda and capture new growth."
PALM BEACH GARDENS, Fla., June 14, 2023 (GLOBE NEWSWIRE) -- Dycom Industries, Inc. (NYSE:DY) today announced the appointment of Luis Avila-Marco as a director. Mr. Avila-Marco served as the Senior Vice President of Strategy and Corporate Development of Cox Enterprises, Inc. ("Cox"), a privately held company with investments in the broadband, automotive and media industries, from July 2018 to December 2021, leading Cox's corporate strategy and inorganic growth opportunities, including mergers and acquisitions, business development and venture investments. Mr. Avila-Marco was the Executive Vice President of Strategy and Corporate Development for Juniper Networks, Inc. from 2008 to 2014. Mr.
Third Quarter Highlights Contract revenues increased 12.0% to $1.272 billionNon-GAAP Adjusted EBITDA increased to $170.7 million, or 13.4% of contract revenuesNon-GAAP Adjusted Net Income increased to $79.2 million, or $2.68 per common share diluted PALM BEACH GARDENS, Fla., Nov. 20, 2024 (GLOBE NEWSWIRE) -- Dycom Industries, Inc. (NYSE:DY) announced today its results for the third quarter ended October 26, 2024. Contract revenues increased 12.0% to $1.272 billion for the quarter ended October 26, 2024, compared to $1.136 billion in the year ago quarter. On an organic basis, contract revenues increased 7.6% after excluding revenues from acquired businesses that were not owned for the ent
PALM BEACH GARDENS, Fla., Nov. 08, 2024 (GLOBE NEWSWIRE) -- Dycom Industries, Inc. (NYSE:DY) will host a conference call to discuss fiscal 2025 third quarter results on Wednesday, November 20, 2024, at 9:00 a.m. ET. Dycom will issue a press release reporting its results earlier that morning. Interested parties may participate in the question and answer session of the conference call by registering at https://register.vevent.com/register/BI23ce626113c940d8b42fa7eec38956e3. Upon registration, participants will receive a dial-in number and unique PIN to access the call. Participants are encouraged to join approximately ten minutes prior to the scheduled start time. For all other attendees,
PALM BEACH GARDENS, Fla., Aug. 21, 2024 (GLOBE NEWSWIRE) -- Dycom Industries, Inc. (NYSE:DY) today announced that the Company acquired Black & Veatch's public carrier wireless telecommunications infrastructure business. The acquired business provides wireless construction services primarily in the states of New York, New Jersey, Missouri, Kansas, Colorado, Utah, Wyoming, Idaho and Montana. The acquisition strategically strengthens Dycom's customer base and expands geographic scope to more broadly address growth opportunities in wireless network modernization, including Open RAN transformation initiatives, and deployment services. For fiscal 2026, the acquired business is expected to contri
PALM BEACH GARDENS, Fla., Nov. 21, 2024 (GLOBE NEWSWIRE) -- Dycom Industries, Inc. (NYSE:DY) announced today that Dan Peyovich, President and incoming CEO, and Drew DeFerrari, Senior Vice President and Chief Financial Officer, will participate in the following upcoming institutional investor conferences: Tuesday, December 3, 2024 –Wells Fargo 8th Annual TMT Summit, Rancho Palos Verdes, CAMr. Peyovich will present in a fireside chat format at 12:30 p.m. ET / 9:30 a.m. PT. Additionally, senior management will participate in one-on-one and group meetings with investors. Wednesday, December 4, 2024 – Bank of America 2024 Leveraged Finance Conference, Boca Raton, FLMr. DeFerrari will particip
Third Quarter Highlights Contract revenues increased 12.0% to $1.272 billionNon-GAAP Adjusted EBITDA increased to $170.7 million, or 13.4% of contract revenuesNon-GAAP Adjusted Net Income increased to $79.2 million, or $2.68 per common share diluted PALM BEACH GARDENS, Fla., Nov. 20, 2024 (GLOBE NEWSWIRE) -- Dycom Industries, Inc. (NYSE:DY) announced today its results for the third quarter ended October 26, 2024. Contract revenues increased 12.0% to $1.272 billion for the quarter ended October 26, 2024, compared to $1.136 billion in the year ago quarter. On an organic basis, contract revenues increased 7.6% after excluding revenues from acquired businesses that were not owned for the ent
PALM BEACH GARDENS, Fla., Nov. 08, 2024 (GLOBE NEWSWIRE) -- Dycom Industries, Inc. (NYSE:DY) will host a conference call to discuss fiscal 2025 third quarter results on Wednesday, November 20, 2024, at 9:00 a.m. ET. Dycom will issue a press release reporting its results earlier that morning. Interested parties may participate in the question and answer session of the conference call by registering at https://register.vevent.com/register/BI23ce626113c940d8b42fa7eec38956e3. Upon registration, participants will receive a dial-in number and unique PIN to access the call. Participants are encouraged to join approximately ten minutes prior to the scheduled start time. For all other attendees,