NEW YORK (

TheStreet

) --

Dycom Industries

(NYSE:

DY

) hit a new 52-week high Friday as it is currently trading at $23.85, above its previous 52-week high of $23.82 with 113,242 shares traded as of 1:14 p.m. ET. Average volume has been 314,000 shares over the past 30 days.

Dycom has a market cap of $774.2 million and is part of the

industrial goods

sector and

materials & construction

industry. Shares are up 8.8% year to date as of the close of trading on Thursday.

Dycom Industries, Inc. provides specialty contracting services in the United States and Canada. The company has a P/E ratio of 25.9, equal to the average materials & construction industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Dycom as a

buy

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth, compelling growth in net income, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full

Dycom Ratings Report

.

See all

52-week high stocks

or get investment ideas from our

investment research center

.

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