Dycom Industries Inc
Behind the Fidelity Blue Chip Growth Fund’s Disappointing Performance in 2016
FBGRX has had a below-average 2016 so far, placing seventh in our select peer group of 12 funds in terms of point-to-point returns.
What’s Been Ailing the Fidelity Blue Chip Growth Fund?
Stock picks from the healthcare sector are primarily responsible for FBGRX’s poor showing YTD. Allergan has hurt the sector, with Regeneron and Celgene.
How Did Dycom Industries Perform Compared to Its Peers?
In this article, we’ll compare Dycom Industries with its peers. The PE ratios of Dycom, Quanta Services, and Emcor are 35.7x, 23.0x, 19.1x, respectively.
Dycom Industries: Stock Rose 3.2% on Positive 1Q16 Earnings
Dycom reported a loss on debt extinguishment of $16.3 million in 1Q16. Its respective net income and earnings per share rose to $30.8 million and $0.91 in 1Q16.
Motor Vehicles, Cheap Fuel Drove the July Durable Goods Report Up
Orders for durable goods in the US in July were primarily boosted by the lower oil prices. On a year-over-year basis, new orders for durable goods changed by -19.6% in July 2015.