Wells Fargo (NYSE:WFC) analyst Eric Luebchow maintained a Buy rating on Dycom (NYSE:DY) on Tuesday, setting a price target of $85, which is approximately 18.73% above the present share price of $71.59.
Luebchow expects Dycom to post earnings per share (EPS) of $0.60 for the fourth quarter of 2021.
The current consensus among 2 TipRanks analysts is for a Moderate Buy rating of shares in Dycom, with an average price target of $85.
The analysts price targets range from a high of $85 to a low of $85.
In its latest earnings report, released on 07/31/2021, the company reported a quarterly revenue of $787.57 million and a net profit of $33.01 million. The company's market cap is $2.16 billion.
According to TipRanks.com, Wells Fargo analyst Eric Luebchow is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 7.8% and a 58.82% success rate.
Dycom Industries, Inc. provides specialty contracting services throughout the United States. Its services include engineering, construction, maintenance and installation services to telecommunications providers, underground facility locating services to various utilities, including other construction and maintenance services to electric and gas utilities, and others. The company was founded in 1969 and is headquartered in Palm Beach Gardens, FL.