With 0.87 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.52 million shares. The 52-week range on DY shows that it touched its highest point at $207.20 and its lowest point at $133.00 during that stretch. It currently has a 1-year price target of $217.14. Beta for the stock currently stands at 1.39.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of DY was down-trending over the past week, with a drop of -13.98%, but this was down by -26.25% over a month. Three-month performance dropped to -26.11% while six-month performance fell -18.60%. The stock gained 7.52% in the past year, while it has lost -19.02% so far this year. A look at the trailing 12-month EPS for DY yields 7.92 with Next year EPS estimates of 10.81. For the next quarter, that number is 1.64. This implies an EPS growth rate of 10.27% for this year and 16.12% for next year. EPS is expected to grow by 15.69% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 34.51%.
Float and Shares Shorts:
At present, 28.98 million DY shares are outstanding with a float of 27.91 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for DY since 8 analysts follow the stock currently. There are 5 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 1 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $7.61083 being high and $7.47026 being low. For DY, this leads to a yearly average estimate of $7.5305. Based on analyst estimates, the high estimate for the next quarter is $3.13 and the low estimate is $2.72. The average estimate for the next quarter is thus $2.88.
