Dycom Industries Inc faces removal from S&P SmallCap 600
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 12 Dec 25
Source: 8-K
Dycom Industries Inc experienced a price decline of 5.03%, crossing below its 5-day SMA. This movement comes amid broader market weakness, with the Nasdaq-100 down 1.89% and the S&P 500 down 1.13%.
The S&P SmallCap 600 will remove Dycom Industries from its index, indicating that the company no longer meets the criteria for small-cap representation. This adjustment may influence asset allocation strategies for investors, as it reflects a shift in market dynamics and could lead to increased volatility for the stock.
Investors should monitor the implications of this index change, as it may affect Dycom's liquidity and overall market perception, particularly in the context of ongoing sector rotations and market adjustments.
Analyst Views on DY
Wall Street analysts forecast DY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for DY is 385.67 USD with a low forecast of 320.00 USD and a high forecast of 426.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
9 Analyst Rating
9 Buy
0 Hold
0 Sell
Strong Buy
Current: 369.990
Low
320.00
Averages
385.67
High
426.00
Current: 369.990
Low
320.00
Averages
385.67
High
426.00
About DY
Dycom Industries, Inc. is a provider of specialty contracting services to the telecommunications infrastructure and utility industries throughout the United States. These services include program management, planning, engineering and design; aerial, underground, and wireless construction; maintenance; and fulfillment services for telecommunications providers. The Company also provides electrical contracting services for data centers and other vital industries, underground facility locating services for various utilities, including telecommunications providers, as well as other construction and maintenance services for electric and gas utilities. The Company provides engineering services to telecommunications providers, including the planning and design of aerial, underground, and buried fiber optic, copper, and coaxial cable systems that extend from the telephone company hub location, or cable operator headend, to a consumer’s home or business.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
