Financial Performance: Dycom Industries reported a 15.5% year-over-year increase in contract revenue to $1.203 billion for Q2 FY25, with adjusted EBITDA rising to $158.3 million and adjusted EPS of $2.46 exceeding expectations.
Acquisition and Outlook: The company acquired Black & Veatch’s wireless telecom infrastructure business, expected to generate $250-$275 million in revenues for fiscal 2026, while anticipating a mid- to high single-digit percentage increase in total contract revenues for Q3.
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Wall Street analysts forecast SAMM stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SAMM is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
Wall Street analysts forecast SAMM stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SAMM is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
0 Hold
0 Sell
Current: 30.265
Low
Averages
High
Current: 30.265
Low
Averages
High
No data
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Dycom Beats On Q2 With Strong Demand For Infrastructure Services, Discloses Value-Accretive Buyout
Aug 21 2024Benzinga
Financial Performance: Dycom Industries reported a 15.5% year-over-year increase in contract revenue to $1.203 billion for Q2 FY25, with adjusted EBITDA rising to $158.3 million and adjusted EPS of $2.46 exceeding expectations.
Acquisition and Outlook: The company acquired Black & Veatch’s wireless telecom infrastructure business, expected to generate $250-$275 million in revenues for fiscal 2026, while anticipating a mid- to high single-digit percentage increase in total contract revenues for Q3.
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Dycom Beats On Q2 With Strong Demand For Infrastructure Services, Discloses Value-Accretive Buyout
Aug 21 2024Benzinga
Financial Performance: Dycom Industries reported a 15.5% year-over-year increase in contract revenue to $1.203 billion for Q2 FY25, with adjusted EBITDA rising to $158.3 million and adjusted EPS of $2.46 exceeding expectations.
Acquisition and Outlook: The company acquired Black & Veatch’s wireless telecom infrastructure business, expected to generate $250-$275 million in revenues for fiscal 2026, while anticipating a mid- to high single-digit percentage increase in total contract revenues for Q3.
See More
How a Biden-Trump rematch can keep healthcare ETFs afloat this election year
Apr 04 2024MarketWatch
See More
Strategas Lists SAMM, a Tactical ETF with an Active Approach to Macro & Momentum Investing
Apr 04 2024businesswire
See More
Strategas Lists SAMM, a Tactical ETF with an Active Approach to Macro & Momentum Investing