The price of DY is predicted to go up 4.43%, based on the high correlation periods with CWST. The similarity of these two price pattern on the periods is 93.19%.
DY
CWST
Up: 4.43%Similarity: 93.19%
DY Revenue Forecast
DY EPS Forecast
DY FAQs
What is bull’s view on DY?
DY stock is currently trading at $179.05, with analysts maintaining a bullish view. Keybanc recently raised its price target to $229, citing strong growth prospects in telecommunications infrastructure and a 27.93% upside potential. Additionally, DY's performance is supported by its position in ETFs experiencing notable inflows, which could drive further demand for the stock.
What is bear's view on DY?
DY stock closed at $189.16 on January 31, 2025, showing a modest 0.57% gain during regular trading hours. Insider selling activity, including a director offloading 16.6% of holdings earlier in January, signals potential caution. Despite a positive analyst sentiment with price targets up to $229, mixed institutional movements and valuation concerns suggest a bearish outlook in the short term.
What is DY revenue forecast for next quarter?
The market consensus for DY's revenue in the upcoming quarter is projected to be approximately $1.268B USD.
What is DY eps forecast for next quarter?
The market consensus for DY's eps in the upcoming quarter is projected to be approximately $1.858 USD.
KeyBanc analyst Sangita Jain raised the firm's price target on Dycom to $227 from $200 and keeps an Overweight rating on the shares. The firm maintains Dycom as one of its top picks as it believes the company is in the early stages of a telecom investment expansion cycle - led both by private investments in fiber and the IIJA's $40B-$60B investment in rural broadband. As a telecom pureplay trading at 10-times FY26, KeyBanc does not believe that the growth is adequately reflected in the valuation.