Dycom's Stock Declines Despite Solid Telecom Business: Time to Hold?
Dycom(DY) ZACKS·2024-11-30 01:06
Dycom Industries, Inc. (DY) has been witnessing mixed market reaction after it reported tepid results for third-quarter fiscal 2025. This Florida-based specialty contracting service provider’s stock grew 1.3% in the past three months compared with the Zacks Building Products - Heavy Construction industry’s 25.5% growth.Image Source: Zacks Investment ResearchDuring the fiscal third quarter, the company’s adjusted EBITDA margin expanded just 52 basis points from the year-ago level due to integration costs rel ...