Dycom Industries (NYSE:DY) Issues Q1 2027 Earnings Guidance

Dycom Industries (NYSE:DY) updated its first quarter 2027 earnings guidance on Wednesday. The company provided earnings per share guidance of 2.570-2.90 for the period, compared to the consensus earnings per share estimate of 2.670. The company issued revenue guidance of $1.6 billion-$1.7 billion, compared to the consensus revenue estimate of $1.6 billion. Dycom Industries also updated its FY 2027 guidance to EPS.

Dycom Industries Stock Performance

Dycom Industries stock opened at $408.80 on Wednesday. Dycom Industries has a fifty-two week low of $131.37 and a fifty-two week high of $445.52. The company has a market capitalization of $11.84 billion, a price-to-earnings ratio of 40.24, a PEG ratio of 1.38 and a beta of 1.34. The stock has a fifty day moving average of $380.94 and a two-hundred day moving average of $325.99. The company has a debt-to-equity ratio of 0.62, a quick ratio of 2.90 and a current ratio of 3.09.

Dycom Industries (NYSE:DY) last posted its quarterly earnings data on Wednesday, March 4th. The construction company reported $2.03 EPS for the quarter, beating analysts’ consensus estimates of $1.66 by $0.37. Dycom Industries had a return on equity of 22.21% and a net margin of 5.75%.During the same quarter last year, the company earned $1.17 EPS. The company’s quarterly revenue was up 34.4% compared to the same quarter last year. Dycom Industries has set its Q1 2027 guidance at 2.570-2.90 EPS. On average, analysts anticipate that Dycom Industries will post 7.13 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on DY shares. B. Riley Financial lifted their price objective on Dycom Industries from $320.00 to $420.00 and gave the company a “buy” rating in a research report on Friday, November 21st. Wells Fargo & Company upped their price objective on shares of Dycom Industries from $315.00 to $360.00 and gave the company an “overweight” rating in a research note on Thursday, November 20th. UBS Group raised their target price on shares of Dycom Industries from $373.00 to $400.00 and gave the stock a “buy” rating in a research report on Monday, January 12th. Wall Street Zen raised shares of Dycom Industries from a “buy” rating to a “strong-buy” rating in a research report on Sunday, February 15th. Finally, Guggenheim started coverage on Dycom Industries in a research report on Thursday, January 22nd. They issued a “buy” rating and a $510.00 target price on the stock. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $406.20.

Insider Buying and Selling at Dycom Industries

In related news, Director Eitan Gertel sold 3,645 shares of Dycom Industries stock in a transaction that occurred on Friday, January 9th. The stock was sold at an average price of $345.62, for a total value of $1,259,784.90. Following the sale, the director owned 15,997 shares of the company’s stock, valued at approximately $5,528,883.14. This trade represents a 18.56% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 3.72% of the stock is owned by company insiders.

Trending Headlines about Dycom Industries

Here are the key news stories impacting Dycom Industries this week:

• Positive Sentiment: Q4 earnings beat: Dycom reported $2.03 EPS vs. $1.66 consensus, with strong top-line results and a 22% ROE — a clean operational beat that is driving upside in the stock. Dycom Industries Q4 Earnings Summary & Key Takeaways
• Positive Sentiment: FY‑2027 outlook and revenue guidance: Dycom set FY‑2027 revenue guidance of $6.9B–$7.2B (consensus ~ $6.9B) and signaled adjusted EBITDA margin expansion — guidance that supports continued organic contract growth and helped lift sentiment. Dycom Industries Press Release
• Positive Sentiment: Data center opportunity and M&A: Management highlighted accelerating entry into the high‑growth data center market and completed the Power Solutions acquisition, which together position Dycom to capture outsized demand. Market coverage notes data center demand is “off the charts.” Dycom Stock Gains. Data Center Demand Is ‘Off the Charts.’
• Neutral Sentiment: Q1 2027 EPS range mixed vs. street: Dycom provided Q1 guidance of $2.57–$2.90 EPS (consensus ~ $2.67) and revenue $1.6B–$1.7B — the range overlaps consensus but leaves uncertainty around the midpoint and near‑term variability. Fiscal Q4 Earnings Snapshot
• Neutral Sentiment: BEAD program and government-related ramps are a near-term catalyst but timing/scale risk remains — investors should watch federal program execution as a revenue driver. BEAD Program Ramp Coverage
• Negative Sentiment: Portfolio rebalancing by an investor: SouthernSun exited a long-term holding in Dycom, which may pressure near-term supply of shares and sentiment among some institutional holders. SouthernSun Exit Coverage
• Negative Sentiment: High valuation vs. cyclicality: Dycom trades at a rich P/E (~39.6) after the rally, leaving the stock vulnerable if growth or margins disappoint. (See valuation commentary in recent coverage.) Valuation Analysis

Institutional Trading of Dycom Industries

A number of institutional investors have recently bought and sold shares of DY. Peconic Partners LLC raised its position in Dycom Industries by 2.8% in the second quarter. Peconic Partners LLC now owns 3,817,825 shares of the construction company’s stock valued at $933,038,000 after purchasing an additional 105,586 shares during the last quarter. First Trust Advisors LP boosted its position in Dycom Industries by 3.4% during the 4th quarter. First Trust Advisors LP now owns 625,171 shares of the construction company’s stock worth $211,245,000 after buying an additional 20,306 shares during the period. Price T Rowe Associates Inc. MD grew its holdings in Dycom Industries by 24.5% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 558,519 shares of the construction company’s stock worth $188,725,000 after acquiring an additional 110,065 shares during the last quarter. Bank of America Corp DE raised its stake in shares of Dycom Industries by 15.2% during the third quarter. Bank of America Corp DE now owns 354,225 shares of the construction company’s stock valued at $103,349,000 after acquiring an additional 46,680 shares during the last quarter. Finally, Invesco Ltd. lifted its holdings in shares of Dycom Industries by 8.8% during the third quarter. Invesco Ltd. now owns 247,042 shares of the construction company’s stock worth $72,077,000 after purchasing an additional 19,915 shares during the period. Institutional investors own 98.33% of the company’s stock.

About Dycom Industries

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.