Professional
Added to YB: 2024-02-28
Pitch date: 2024-01-18
DY [bullish]
Dycom Industries, Inc.
+201.1%
current return
Author Info
No bio for this author
Company Info
Dycom Industries, Inc. provides specialty contracting services to the telecommunications infrastructure and utility industries in the United States.
Market Cap
$10.3B
Pitch Price
$114.84
Price Target
N/A
Dividend
N/A
EV/EBITDA
15.23
P/E
35.06
EV/Sales
2.17
Sector
Construction and Engineering
Category
growth
SouthernSun Small Cap Investment Portfolio Holding - Dycom Industries, Inc.
DY +9% rev despite AT&T/Frontier headwinds. Strong 2024 outlook: key customers accelerating fiber, ~$40B BEAD funding coming. Margins at historical avg, targeting further expansion. CEO Nielsen excels at capital allocation, 1.9x ND/EBITDA. Only 43% US homes have fiber - huge runway for DY to build & maintain networks.
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