FY2025 EPS Estimate for Dycom Industries Lifted by Analyst

Dycom Industries, Inc. (NYSE:DY - Free Report) - Investment analysts at Zacks Research lifted their FY2025 earnings estimates for Dycom Industries in a research report issued to clients and investors on Wednesday, December 11th. Zacks Research analyst A. Gupta now expects that the construction company will post earnings per share of $8.12 for the year, up from their prior estimate of $8.09. The consensus estimate for Dycom Industries' current full-year earnings is $8.13 per share. Zacks Research also issued estimates for Dycom Industries' Q4 2025 earnings at $0.86 EPS, Q1 2026 earnings at $1.66 EPS, Q2 2026 earnings at $2.81 EPS, Q4 2026 earnings at $1.72 EPS and FY2027 earnings at $10.23 EPS.

Several other equities research analysts have also recently issued reports on the stock. B. Riley lifted their price objective on shares of Dycom Industries from $205.00 to $208.00 and gave the company a "buy" rating in a research report on Thursday, August 22nd. KeyCorp boosted their price target on shares of Dycom Industries from $200.00 to $227.00 and gave the stock an "overweight" rating in a research note on Tuesday, October 8th. Wells Fargo & Company increased their price objective on shares of Dycom Industries from $200.00 to $215.00 and gave the company an "overweight" rating in a report on Friday, November 15th. DA Davidson reaffirmed a "buy" rating and issued a $210.00 target price on shares of Dycom Industries in a report on Tuesday, November 19th. Finally, Bank of America increased their price target on Dycom Industries from $198.00 to $204.00 and gave the company a "buy" rating in a research note on Friday, August 23rd. One research analyst has rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, Dycom Industries currently has an average rating of "Buy" and an average target price of $206.13.

Dycom Industries Price Performance

NYSE:DY traded down $1.51 during trading hours on Friday, hitting $179.05. 279,587 shares of the stock traded hands, compared to its average volume of 308,656. The company has a market cap of $5.22 billion, a price-to-earnings ratio of 23.76, a price-to-earnings-growth ratio of 1.45 and a beta of 1.41. Dycom Industries has a 1 year low of $107.53 and a 1 year high of $207.20. The stock has a 50 day moving average price of $186.97 and a 200 day moving average price of $181.92. The company has a quick ratio of 2.93, a current ratio of 3.12 and a debt-to-equity ratio of 0.89.

Institutional Trading of Dycom Industries

Institutional investors have recently modified their holdings of the company. SG Americas Securities LLC grew its stake in shares of Dycom Industries by 56.2% during the second quarter. SG Americas Securities LLC now owns 10,572 shares of the construction company's stock worth $1,784,000 after acquiring an additional 3,805 shares during the last quarter. Assenagon Asset Management S.A. increased its stake in Dycom Industries by 2,353.9% during the 2nd quarter. Assenagon Asset Management S.A. now owns 158,988 shares of the construction company's stock valued at $26,831,000 after purchasing an additional 152,509 shares in the last quarter. MeadowBrook Investment Advisors LLC lifted its stake in shares of Dycom Industries by 267.0% during the second quarter. MeadowBrook Investment Advisors LLC now owns 1,890 shares of the construction company's stock worth $319,000 after buying an additional 1,375 shares during the period. Thompson Davis & CO. Inc. grew its holdings in shares of Dycom Industries by 171.6% during the second quarter. Thompson Davis & CO. Inc. now owns 7,265 shares of the construction company's stock valued at $1,226,000 after buying an additional 4,590 shares during the last quarter. Finally, Louisiana State Employees Retirement System increased its position in shares of Dycom Industries by 0.7% in the 2nd quarter. Louisiana State Employees Retirement System now owns 14,600 shares of the construction company's stock valued at $2,464,000 after acquiring an additional 100 shares during the period. 98.33% of the stock is currently owned by institutional investors.

Dycom Industries Company Profile

Dycom Industries, Inc provides specialty contracting services to the telecommunications infrastructure and utility industries in the United States. The company offers engineering services to telecommunications providers, including the planning and design of aerial, underground, and buried fiber optic, copper, and coaxial cable systems; wireless networks in connection with the deployment of macro cell and new small cell sites; and program and project management and inspection personnel.