How to Buy Dycom Industries Stock
Dycom Industries Inc
Dycom Industries is a engineering & construction company located in Florida, United States, which is part of the Industrials sector, and is traded under the ticker DY on the NYSE exchange.
Dycom Industries stock last closed at $190.64, up 5.66% from the previous day, and has increased 68.07% in one year. It has overperformed other stocks in the Engineering & Construction industry by 0.06 percentage points. Dycom Industries stock is currently +73.51% from its 52-week low of $109.87, and -7.99% from its 52-week high of $207.20.
At the moment, there are 29.18M shares of DY outstanding. The market cap of DY is $5.56B. In the past 24 hours, 422,412 DY shares were traded.
How to Buy Dycom Industries Stock
Not sure how to invest in Dycom Industries stock? Here's how.
- Figure out where to buy Dycom Industries stock: You need to pick a stock brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you determine where to buy Dycom Industries stock.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit money your brokerage account: Select your payment method and add your info.
- Evaluate Dycom Industries stock: The Dycom Industries ticker symbol is DY. Is Dycom Industries stock a good investment? Should you buy shares of DY? How do DY's underlying business fundamentals look? Do top analysts think Dycom Industries is a good buy? Why has DY's stock price moved recently? (Hint: Our stock research website can help you evaluate if DY is a good stock to buy).
- Make your DY trade: Decide if you will purchase DY shares at the current market price or use a limit order to buy DY stock at a particular price.
- Keep tabs on your DY investment: Create a watchlist to important notifications about your position in Dycom Industries stock.
Step 1: Figure out where to buy Dycom Industries stock
You need an online brokerage account to access the NYSE market and buy DY shares.
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've picked the right brokerage, the next step is to fill out some personal details so you are able to buy DY today.
How to Open a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal info to open your new trading account.
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Step 3: Deposit money your brokerage account
Now that you've opened your account on the best free stock trading app, you need to deposit funds:
Watch the walkthrough below to see the process of depositing funds into your brokerage account.
Step 4: Evaluate Dycom Industries stock
After you have chosen the best place to buy Dycom Industries stock, it's absolutely critical to analyze their stock prior to buying, so you can wrap your head around the risk as well as the opportunity.
Dycom Industries Metrics
Fundamentals of Dycom Industries
WallStreetZen was built to help average investors do better fundamental analysis in less time.
You can view all of the due diligence checks on DY's stock page.
Is DY stock properly valued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge DY's fair value.
Using relative valuations metrics:
- DY could be undervalued based on its P/E ratio of 24.76x, relative to Engineering & Construction industry P/E ratio of 50.77x
- DY could be undervalued based on its P/B ratio of 4.51x, relative to Engineering & Construction industry P/B ratio of 5.07x
- DY may be overvalued based on its PEG ratio of 12.44x
You can do more valuation analysis on DY's stock here.
DY Financial Health Summary
Signs that DY is financially healthy:
- Total DY debt is lower than 5 years ago, relative to shareholder equity.
- DY earnings of $355.27M is not enough to cover its interest payments.
- There are more short-term assets than long-term liabilities on the DY balance sheet.
- There are more short-term assets than short-term liabilities on the DY balance sheet.
- DY's operating cash flow of $345.97M allows it to safely service it's debt of $1.21B.
Signs that DY is not financially healthy:
- DY has a relatively high debt to equity ratio of 1.53.
- DY profit margin has gone down from 5.3% to 4.9% in the past year.
Do analysts think it's a good time to buy Dycom Industries stock
Out of 5 sell side analysts who give recommendations on DY, the consensus analyst rating on Dycom Industries is a Strong Buy
It's important to keep in mind that analyst forecasts are not recommendations, nor are they investment advice.
You can dig deeper into what analysts are projecting on the Dycom Industries stock forecast page.
DY Technicals
DY Revenue
Last year, DY earnings were $224.16M. Over the last five year, DY's earnings have grown by 34.03% per year. This was faster than the Engineering & Construction industry average of 21.9%.
Last year, DY revenue was $4.57B. In the past five year, DY's revenue has grown by 6.4% per year. This was slower than the Engineering & Construction industry average of 13.22%.
Learn more about DY's earnings and revenue performance here.
Latest Insiders Trades at DY
In the past year, insiders at DY have bought more shares than they have sold.
Peter T. Pruitt Jr., Director of DY, was the latest DY insider to sell. They sold $507,732.00 worth of DY shares on Jan 10, 2025.
Learn more about who owns DY shares here.
Can I get consistent income from DY stock?
No, Dycom Industries doesn't provide an income stream by paying out dividends.
What others are saying about DY
One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.
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Step 5: Make your DY trade
There are two primary options:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are generally fine for most investors. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a given dollar amount limit, place a limit order.
Press the Open Trade button and your broker will execute your order.
If you want additional assistance investing in stocks on eToro, watch the how to video below:
Step 6: Keep tabs on your DY investment
Now that you own some DY shares, you'll want to keep up with your stock purchase.
Add DY to a watchlist to get notified of the latest news about your DY stock.
DY Feed
How to Buy Stock in Dycom Industries
To summarize, here are the 6 steps you need to take to buy Dycom Industries stock right now:
- Figure out where to buy Dycom Industries stock
- Sign up for your brokerage account
- Deposit money your brokerage account
- Evaluate Dycom Industries stock
- Make your DY trade
- Keep tabs on your DY investment
If you are looking for a brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you want to monitor your investment in Dycom Industries, click the button below.
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