Zacks Research Issues Positive Forecast for DY Earnings

Dycom Industries, Inc. (NYSE:DY - Free Report) - Zacks Research lifted their Q3 2026 EPS estimates for Dycom Industries in a research report issued to clients and investors on Wednesday, December 11th. Zacks Research analyst A. Gupta now anticipates that the construction company will earn $3.26 per share for the quarter, up from their previous estimate of $2.77. The consensus estimate for Dycom Industries' current full-year earnings is $8.13 per share. Zacks Research also issued estimates for Dycom Industries' FY2026 earnings at $9.46 EPS, Q1 2027 earnings at $1.79 EPS, Q2 2027 earnings at $3.04 EPS and Q3 2027 earnings at $3.54 EPS.

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

Dycom Industries Price Performance

Shares of NYSE:DY traded up $0.23 during trading on Monday, hitting $179.71. 617,033 shares of the stock were exchanged, compared to its average volume of 311,383. The company has a market cap of $5.24 billion, a PE ratio of 23.62, a P/E/G ratio of 1.45 and a beta of 1.41. The company has a current ratio of 3.12, a quick ratio of 2.93 and a debt-to-equity ratio of 0.89. The company has a fifty day moving average price of $186.75 and a two-hundred day moving average price of $181.96. Dycom Industries has a 12-month low of $107.53 and a 12-month high of $207.20.

Hedge Funds Weigh In On Dycom Industries

A number of institutional investors have recently modified their holdings of DY. Hsbc Holdings PLC increased its stake in Dycom Industries by 193.7% in the second quarter. Hsbc Holdings PLC now owns 7,819 shares of the construction company's stock valued at $1,317,000 after purchasing an additional 5,157 shares during the last quarter. Whalen Wealth Management Inc. acquired a new position in shares of Dycom Industries during the 3rd quarter valued at about $773,000. Creative Planning increased its stake in shares of Dycom Industries by 19.2% during the 3rd quarter. Creative Planning now owns 6,560 shares of the construction company's stock valued at $1,293,000 after acquiring an additional 1,055 shares during the last quarter. American Century Companies Inc. lifted its holdings in shares of Dycom Industries by 32.0% during the 2nd quarter. American Century Companies Inc. now owns 17,547 shares of the construction company's stock worth $2,961,000 after acquiring an additional 4,255 shares during the period. Finally, Advisors Asset Management Inc. boosted its position in shares of Dycom Industries by 19.3% in the third quarter. Advisors Asset Management Inc. now owns 37,911 shares of the construction company's stock worth $7,472,000 after acquiring an additional 6,128 shares during the last quarter. Institutional investors and hedge funds own 98.33% of the company's stock.

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.