We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Is Dycom Industries (DY) Outperforming Other Construction Stocks This Year?
Read MoreHide Full Article
Investors interested in Construction stocks should always be looking to find the best-performing companies in the group. Has Dycom Industries (DY - Free Report) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.
Dycom Industries is a member of the Construction sector. This group includes 88 individual stocks and currently holds a Zacks Sector Rank of #14. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.
The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. Dycom Industries is currently sporting a Zacks Rank of #1 (Strong Buy).
The Zacks Consensus Estimate for DY's full-year earnings has moved 17% higher within the past quarter. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Our latest available data shows that DY has returned about 37.2% since the start of the calendar year. In comparison, Construction companies have returned an average of -1.3%. This shows that Dycom Industries is outperforming its peers so far this year.
Another stock in the Construction sector, Comfort Systems (FIX - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 21.1%.
The consensus estimate for Comfort Systems' current year EPS has increased 7.9% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Breaking things down more, Dycom Industries is a member of the Building Products - Heavy Construction industry, which includes 10 individual companies and currently sits at #3 in the Zacks Industry Rank. On average, this group has gained an average of 10.9% so far this year, meaning that DY is performing better in terms of year-to-date returns.
Comfort Systems, however, belongs to the Building Products - Air Conditioner and Heating industry. Currently, this 7-stock industry is ranked #190. The industry has moved +5.8% so far this year.
Investors interested in the Construction sector may want to keep a close eye on Dycom Industries and Comfort Systems as they attempt to continue their solid performance.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Is Dycom Industries (DY) Outperforming Other Construction Stocks This Year?
Investors interested in Construction stocks should always be looking to find the best-performing companies in the group. Has Dycom Industries (DY - Free Report) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.
Dycom Industries is a member of the Construction sector. This group includes 88 individual stocks and currently holds a Zacks Sector Rank of #14. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.
The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. Dycom Industries is currently sporting a Zacks Rank of #1 (Strong Buy).
The Zacks Consensus Estimate for DY's full-year earnings has moved 17% higher within the past quarter. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Our latest available data shows that DY has returned about 37.2% since the start of the calendar year. In comparison, Construction companies have returned an average of -1.3%. This shows that Dycom Industries is outperforming its peers so far this year.
Another stock in the Construction sector, Comfort Systems (FIX - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 21.1%.
The consensus estimate for Comfort Systems' current year EPS has increased 7.9% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Breaking things down more, Dycom Industries is a member of the Building Products - Heavy Construction industry, which includes 10 individual companies and currently sits at #3 in the Zacks Industry Rank. On average, this group has gained an average of 10.9% so far this year, meaning that DY is performing better in terms of year-to-date returns.
Comfort Systems, however, belongs to the Building Products - Air Conditioner and Heating industry. Currently, this 7-stock industry is ranked #190. The industry has moved +5.8% so far this year.
Investors interested in the Construction sector may want to keep a close eye on Dycom Industries and Comfort Systems as they attempt to continue their solid performance.