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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 $143.65, up 1.22% from the previous day, and has increased 51.23% in one year. It has underperformed other stocks in the Engineering & Construction industry by 0.09 percentage points. Dycom Industries stock is currently +83.18% from its 52-week low of $78.42, and -1.82% from its 52-week high of $146.32.

At the moment, there are 29.09M shares of DY outstanding. The market cap of DY is $4.18B. In the past 24 hours, 153,101 DY shares were traded.

How to Buy Dycom Industries Stock

Not sure how to invest in Dycom Industries stock? Here's how.
  1. 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.
  2. Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Deposit money your brokerage account: Select your payment method and add your info.
  4. 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).
  5. 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.
  6. 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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Step 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.

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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:

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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

DY Price
$143.65
1w %
1.68%
1y %
51.23%
5y %
218.37%
P/E
19.26x
P/B
3.96x
P/S
1.01x
PEG
N/A
Revenue
$4.18B
Earnings
$218.92M
Fore. Rev. Growth
8.28%
Fore. Earn. Growth
-7.37%
Market Cap
$4.18B
Next Earnings
May 22, 2024
Next Dividend
N/A

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 19.26x, relative to Engineering & Construction industry P/E ratio of 34.16x
  • DY could be undervalued based on its P/B ratio of 3.96x, relative to Engineering & Construction industry P/B ratio of 4.33x

You can do more valuation research on DY's stock here.

A quick look at DY Financials

Signs that DY is financially healthy:

  • DY's operating cash flow of $258.98M allows it to safely service it's debt of $885.04M.
  • There are more short-term assets than short-term liabilities on the DY balance sheet.
  • DY profit margin has gone up from 3.7% to 5.2% in the past year.
  • Total DY debt is lower than 5 years ago, relative to shareholder equity.
  • There are more short-term assets than long-term liabilities on the DY balance sheet.
  • DY earnings of $344.60M is not enough to cover its interest payments.

Signs that DY is not financially healthy:

  • DY has a relatively high debt to equity ratio of 1.39.

Is Dycom Industries stock a Buy, Hold, or Sell, according to analysts?

Out of 5 sell side analysts who research DY, the consensus analyst rating on Dycom Industries is a Strong Buy

It's important to keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.

You can dig deeper into what analysts are forecasting on the Dycom Industries stock forecast page.

DY Technicals

SMA10
141.69
SMA20
138.37
SMA50
124.95
SMA100
114.04
SMA200
105.71
MACD
5.4
MACD Signal
5.85
MACD Histogram
-0.44
RSI
69.65
Stochastic %K
67.64
Stochastic %D
71.92
StochRSI %K
7.09
StochRSI %D
7.33

Is DY Making Money?

Last year, DY earnings were $218.92M. Over the last five year, DY's earnings have gone up by 29.99% per year. This was faster than the Engineering & Construction industry average of 19.19%.

Last year, DY revenue was $4.18B. In the past 5 year, DY's revenue has increased by 5.95% per year. This was slower than the Engineering & Construction industry average of 10.77%.

Dig into DY's earnings and revenue performance here.

Who is buying/selling DY?

Over the past 12 months, executives and large shareholders at DY have sold more shares than they have bought.

Marco Luis Avila, Director of DY, was the latest DY insider to buy. They bought $11,261.18 worth of DY stock on Jan 29, 2024.

Dig into more about who owns DY shares here.

Can I rely on DY as an income stream?

No, Dycom Industries doesn't provide an income stream by paying out dividends.

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Step 5: Make your DY trade

There are two primary types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are generally fine for most investors.
  • Limit order: A limit order lets you buy or sell a stock 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 button and your broker will execute your order.

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Step 6: Keep tabs on your DY investment

Now that you own some DY shares, you'll want to stay up-to-date on your shares.

Make a watchlist to get alerted to the latest events about your DY stock.

DY Feed

How to Buy Stock in Dycom Industries

To summarize, here are the 6 steps to buy Dycom Industries stock:

  1. Figure out where to buy Dycom Industries stock
  2. Sign up for your brokerage account
  3. Deposit money your brokerage account
  4. Evaluate Dycom Industries stock
  5. Make your DY trade
  6. Keep tabs on your DY investment

If you need a online brokerage, eToro is our favorite venue.

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to keep track of your new investment in Dycom Industries, add DY to your watchlist below.

NYSE: DY
$143.65+1.73 (+1.22%)
Updated Mar 27, 2024
Open eToro Account
NYSE: DY
$143.65+1.73 (+1.22%)
Updated Mar 27, 2024
Open eToro Account

FAQ

How much does it cost to buy one Dycom Industries share?

As of Mar 27, 2024, it costs $143.65 to buy one share of Dycom Industries stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.07 shares of DY.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Dycom Industries stock?

According to 5 Wall Street analysts who monitor Dycom Industries, their consensus recommendation is to buy Dycom Industries stock.

What is the best way to buy Dycom Industries stock?

One way to place an order for Dycom Industries stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.