Heavy Construction Stock Performance Review -- Dycom Industries, Fluor, Granite Construction, and MasTec

NEW YORK, September 6, 2017 /PRNewswire/ --

If you want a Stock Review on DY, FLR, GVA, or MTZ then come over to http://dailystocktracker.com/register and sign up for your free customized report. DailyStockTracker.com revisits the Heavy Construction industry, which is comprised of companies engaged in large-scale building projects, chiefly in infrastructure. A wide variety of corporations provide the planning, design, engineering, consulting, and construction expertise to complete such initiatives. Equities in today's line-up are: Dycom Industries Inc. (NYSE: DY), Fluor Corp. (NYSE: FLR), Granite Construction Inc. (NYSE: GVA), and MasTec Inc. (NYSE: MTZ). These free stocks reports are currently available on DailyStockTracker.com. Simply sign up for your complimentary member access at:

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Dycom Industries 

Palm Beach Gardens, Florida-based Dycom Industries Inc.'s stock finished Tuesday's session 0.98% lower at $80.96. A total volume of 734,148 shares was traded, which was above their three months average volume of 709,370 shares. The Company's shares have advanced 0.83% since the start of this year. The stock is trading below its 50-day moving average by 6.18%. Shares of Dycom Industries, which provide specialty contracting services in the US and Canada, have a Relative Strength Index (RSI) of 46.26.

On August 30th, 2017, research firm KeyBanc Capital Markets upgraded the Company's stock rating from 'Sector Weight' to 'Overweight'.

On August 30th, 2017, Dycom Industries announced its results for Q4 and fiscal year ended July 29th, 2017. For Q4 2017, contract revenues were $780.2 million; non-GAAP adjusted EBITDA was $118.0 million; and net income, on a GAAP basis, was $43.7 million. For the fiscal year ended July 29th, 2017, contract revenues were $3.067 billion; non-GAAP adjusted EBITDA was $441.6 million; and net income, on a GAAP basis, was $157.2 million. Your complete research report on DY can be retrieved for free at:

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Fluor 

Shares in Irving, Texas headquartered Fluor Corp. declined 0.67%, ending yesterday's session at $38.35 with a total trading volume of 1.15 million shares. The stock is trading 9.25% below its 50-day moving average. Shares of the Company, which through its subsidiaries, provides engineering, procurement, construction, fabrication and modularization, commissioning and maintenance, and project management services worldwide, have an RSI of 36.09.  

On August 07th, 2017, research firm Johnson Rice downgraded the Company's stock rating from 'Buy' to 'Accumulate', with a target price of $48 per share.

On August 23rd, 2017, Fluor announced that it recently celebrated 20 years of providing engineering, procurement, and construction support services for Irving Oil Ltd. Since 1997, the former has supported projects ranging from sustaining capital to major growth projects at Irving Oil's refinery and marine terminal in Saint John, New Brunswick, Canada. A free report on FLR is just a click away at:

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Granite Construction 

On Tuesday, Watsonville, California headquartered Granite Construction Inc.'s (GVA) stock rose 0.45%, to close the day at $55.32. A total volume of 353,226 shares was traded. The Company's shares have advanced 4.10% in the last one month, 18.10% in the previous three months, and 0.58% on an YTD basis. The stock is trading 9.47% and 5.54% above its 50-day and 200-day moving averages, respectively. Additionally, shares of GVA, which operates as a heavy civil contractor and a construction materials producer in the US, have an RSI of 66.79.  

On August 30th, 2017, GVA announced that the joint venture team comprised of the Company and Obayashi Corporation has been awarded a $165-million contract by the Naval Facilities Engineering Command Pacific for the Finegayan Utilities and Site Improvements Phase-I project in Finegayan, Guam. GVA's portion of the contract is 55%. As consolidating partner, the total contract award of $165 million will be booked into the Company's backlog in Q3 2017. Sign up for your complimentary research report on GVA at:

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MasTec 

Shares in Coral Gables, Florida headquartered MasTec Inc. ended the day 3.58% lower at $40.45. A total volume of 961,762 shares was traded, which was above their three months average volume of 768,820 shares. The stock has gained 5.75% since the start of this year. The Company's shares are trading below their 200-day moving average by 1.17%. Furthermore, shares of MasTec, which provides engineering, building, installation, maintenance, and upgrade services for communications, energy, and utility infrastructure primarily in the US and Canada, have an RSI of 43.99.

On August 18th, 2017, research firm Citigroup upgraded the Company's stock rating from 'Neutral' to 'Buy'. Register for free on DailyStockTracker.com and download the latest research report on MTZ at:

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