(DY) Dycom Industries - Ratings and Ratios

Dycom Industries, Inc. is a leading provider of specialty contracting services to the telecommunications infrastructure and utility industries in the United States, leveraging its expertise to deliver comprehensive solutions that enable the deployment of advanced communication networks.

The companys extensive range of services includes engineering, construction, maintenance, and installation, which cater to the complex needs of telecommunications providers, wireless carriers, and utility companies, facilitating the development of fiber optic, copper, and coaxial cable systems, as well as wireless networks and small cell sites.

With a strong presence in the industry, Dycom Industries, Inc. has established itself as a trusted partner for major telecommunications companies, providing critical infrastructure support that underpins the nations communication networks, and its services also extend to electric and gas utilities, and other customers, diversifying its revenue streams.

Analyzing the and , we can infer that Dycom Industries, Inc. is currently trading at $243.02, above its SMA20, SMA50, and SMA200, indicating a strong uptrend. The stocks ATR of 6.42 (2.64%) suggests moderate volatility. With a Market Cap of $6.878B and a P/E ratio of 29.95, the company appears to be reasonably valued. The P/E Forward ratio of 24.63 indicates expected earnings growth. RoE of 19.69% signifies a strong return on equity.

Based on the and , our forecast suggests that Dycom Industries, Inc. will continue to experience a bullish trend, driven by its strong financials and the growing demand for telecommunications infrastructure services. We anticipate the stock to potentially reach $260 in the near term, representing a 7% increase from its current price. However, a decline below the support level of $201.0 could signal a reversal in the trend.