Zacks Research Issues Pessimistic Estimate for DY Earnings

Dycom Industries, Inc. (NYSE:DY) – Stock analysts at Zacks Research reduced their Q4 2026 EPS estimates for shares of Dycom Industries in a research report issued on Wednesday, February 18th. Zacks Research analyst Team now expects that the construction company will post earnings per share of $1.50 for the quarter, down from their previous estimate of $1.51. Zacks Research has a “Strong Sell” rating on the stock. The consensus estimate for Dycom Industries’ current full-year earnings is $7.13 per share. Zacks Research also issued estimates for Dycom Industries’ Q3 2027 earnings at $4.31 EPS and FY2027 earnings at $13.21 EPS.

Dycom Industries (NYSE:DY) last released its earnings results on Wednesday, November 19th. The construction company reported $3.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.15 by $0.48. The company had revenue of $1.45 billion during the quarter, compared to analyst estimates of $1.41 billion. Dycom Industries had a return on equity of 22.21% and a net margin of 5.75%.Dycom Industries’s quarterly revenue was up 14.2% on a year-over-year basis. During the same period in the prior year, the company posted $2.68 earnings per share.

DY has been the subject of several other research reports. Wells Fargo & Company increased their price target on shares of Dycom Industries from $315.00 to $360.00 and gave the company an “overweight” rating in a research report on Thursday, November 20th. KeyCorp reiterated an “overweight” rating on shares of Dycom Industries in a research note on Tuesday, January 27th. JPMorgan Chase & Co. increased their target price on shares of Dycom Industries from $370.00 to $395.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 4th. Wall Street Zen raised Dycom Industries from a “buy” rating to a “strong-buy” rating in a report on Sunday, February 15th. Finally, UBS Group upped their target price on Dycom Industries from $373.00 to $400.00 and gave the stock a “buy” rating in a research note on Monday, January 12th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Dycom Industries presently has a consensus rating of “Moderate Buy” and a consensus price target of $395.20.

Dycom Industries Stock Performance

Shares of Dycom Industries stock opened at $419.34 on Friday. The business’s fifty day simple moving average is $368.98 and its 200 day simple moving average is $317.00. The company has a current ratio of 3.09, a quick ratio of 2.90 and a debt-to-equity ratio of 0.62. Dycom Industries has a 12 month low of $131.37 and a 12 month high of $445.52. The firm has a market capitalization of $12.14 billion, a P/E ratio of 41.27, a price-to-earnings-growth ratio of 1.81 and a beta of 1.36.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. &PARTNERS grew its stake in shares of Dycom Industries by 2.5% during the 4th quarter. &PARTNERS now owns 1,053 shares of the construction company’s stock valued at $356,000 after acquiring an additional 26 shares during the period. EverSource Wealth Advisors LLC lifted its holdings in Dycom Industries by 17.3% during the fourth quarter. EverSource Wealth Advisors LLC now owns 203 shares of the construction company’s stock valued at $69,000 after purchasing an additional 30 shares in the last quarter. First Bank & Trust boosted its position in shares of Dycom Industries by 1.6% in the fourth quarter. First Bank & Trust now owns 2,106 shares of the construction company’s stock worth $712,000 after purchasing an additional 33 shares during the period. Osaic Holdings Inc. increased its stake in shares of Dycom Industries by 1.7% in the fourth quarter. Osaic Holdings Inc. now owns 2,062 shares of the construction company’s stock worth $697,000 after purchasing an additional 35 shares in the last quarter. Finally, CWM LLC raised its position in shares of Dycom Industries by 1.9% during the 4th quarter. CWM LLC now owns 1,956 shares of the construction company’s stock valued at $661,000 after purchasing an additional 36 shares during the period. Institutional investors own 98.33% of the company’s stock.

Insider Buying and Selling

In other Dycom Industries news, Director Eitan Gertel sold 3,645 shares of the business’s stock in a transaction dated Friday, January 9th. The stock was sold at an average price of $345.62, for a total transaction of $1,259,784.90. Following the completion of the sale, the director owned 15,997 shares of the company’s stock, valued at approximately $5,528,883.14. The trade was a 18.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 3.72% of the company’s stock.

Dycom Industries Company Profile

Dycom Industries, Inc (NYSE: DY) is a leading provider of specialty contracting services to the telecommunications industry in North America. The company delivers engineering, construction, installation and maintenance solutions for communications infrastructure, supporting a broad range of network technologies and system architectures. Dycom’s services span outside plant construction, cable placement, fiber optic deployment, wireless and wireline network engineering, as well as testing and turn-up services for voice, data and video applications.

Dycom’s customer base includes major telecommunications carriers, cable operators, utility companies and competitive local exchange carriers.