|Day's Range||51.36 - 51.75|
|52 Week Range||39.68 - 53.79|
|PE Ratio (TTM)||14.91|
|Dividend & Yield||0.16 (0.31%)|
|1y Target Est||N/A|
Dycom Industries Inc. (DY) kept its winning streak alive for the fifth consecutive quarter. The company's fiscal third-quarter 2017 adjusted earnings of $1.30 a share beat the Zacks Consensus Estimate of $1.20 by 8.3%.
Despite the stumble, the housing market remains on solid ground as the labor market nears full employment, which is expected to spur faster wage growth. "The biggest problem with the housing market is a dearth of inventory, which is keeping sales down and prices up," said Joel Naroff, chief economist at Naroff Economic Advisors in Holland, Pennsylvania. The National Association of Realtors said on Wednesday existing home sales declined 2.3 percent to a seasonally adjusted annual rate of 5.57 million units last month.
Toll Brothers saw its IBD SmartSelect Composite Rating jump to 97 Wednesday, up from 91 the day before.