Dycom Industries (NYSE:DY) Stock Price Expected to Rise, B. Riley Financial Analyst Says

Dycom Industries (NYSE:DY) had its target price raised by analysts at B. Riley Financial from $420.00 to $485.00 in a research report issued on Thursday,Benzinga reports. The firm presently has a “buy” rating on the construction company’s stock. B. Riley Financial’s price target would indicate a potential upside of 35.73% from the stock’s current price.

A number of other equities research analysts have also recently commented on the stock. Vertical Research began coverage on shares of Dycom Industries in a research note on Tuesday, December 23rd. They set a “buy” rating and a $420.00 price objective on the stock. DA Davidson boosted their target price on shares of Dycom Industries from $300.00 to $390.00 and gave the company a “buy” rating in a research note on Thursday, November 20th. Zacks Research lowered shares of Dycom Industries from a “hold” rating to a “strong sell” rating in a research report on Tuesday, February 17th. Bank of America raised their price target on shares of Dycom Industries from $365.00 to $475.00 and gave the company a “buy” rating in a research report on Wednesday, February 25th. Finally, UBS Group upped their price objective 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. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat, Dycom Industries currently has a consensus rating of “Moderate Buy” and an average price target of $431.20.

Dycom Industries Stock Performance

Shares of DY stock opened at $357.34 on Thursday. Dycom Industries has a 52-week low of $131.37 and a 52-week high of $445.52. The company has a quick ratio of 2.90, a current ratio of 2.74 and a debt-to-equity ratio of 1.51. The stock has a market cap of $10.35 billion, a PE ratio of 37.22, a price-to-earnings-growth ratio of 1.22 and a beta of 1.34. The business has a 50-day simple moving average of $382.34 and a 200-day simple moving average of $327.31.

Dycom Industries (NYSE:DY) last posted its earnings results on Wednesday, March 4th. The construction company reported $2.03 EPS for the quarter, topping the consensus estimate of $1.91 by $0.12. The firm had revenue of $1.46 billion for the quarter, compared to analyst estimates of $1.34 billion. Dycom Industries had a return on equity of 21.77% and a net margin of 5.07%.Dycom Industries’s revenue for the quarter was up 34.4% compared to the same quarter last year. During the same period last year, the company earned $1.17 earnings per share. Dycom Industries has set its Q1 2027 guidance at 2.570-2.90 EPS. On average, equities analysts expect that Dycom Industries will post 7.13 EPS for the current year.

Insider Buying and Selling at Dycom Industries

In other news, Director Eitan Gertel sold 3,645 shares of the stock in a transaction that occurred on 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 transaction, the director owned 15,997 shares in the company, valued at $5,528,883.14. This trade represents a 18.56% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 3.72% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Dycom Industries

A number of institutional investors have recently added to or reduced their stakes in the stock. Northwestern Mutual Wealth Management Co. increased its holdings in Dycom Industries by 265,593,055.6% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 23,903,384 shares of the construction company’s stock worth $8,076,953,000 after acquiring an additional 23,903,375 shares in the last quarter. Peconic Partners LLC lifted its holdings in Dycom Industries by 2.8% during 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 in the last quarter. Millennium Management LLC grew its position in shares of Dycom Industries by 21.0% in the third quarter. Millennium Management LLC now owns 1,324,938 shares of the construction company’s stock valued at $386,564,000 after purchasing an additional 229,579 shares during the period. Geode Capital Management LLC grew its position in shares of Dycom Industries by 8.0% in the fourth quarter. Geode Capital Management LLC now owns 727,238 shares of the construction company’s stock valued at $245,771,000 after purchasing an additional 53,993 shares during the period. Finally, First Trust Advisors LP increased its stake in shares of Dycom Industries by 3.4% during the fourth quarter. First Trust Advisors LP now owns 625,171 shares of the construction company’s stock worth $211,245,000 after purchasing an additional 20,306 shares in the last quarter. Institutional investors and hedge funds own 98.33% of the company’s stock.

More Dycom Industries News

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

• Positive Sentiment: Multiple broker upgrades and higher targets — B. Riley raised its target to $485 (buy), KeyCorp raised its target to $482 (overweight) and JPMorgan boosted its target to $415 (overweight), signaling analyst conviction in continued growth upside. Benzinga
• Positive Sentiment: Q4 results topped expectations: Dycom reported record contract revenue, adjusted earnings and adjusted EBITDA above consensus, and reiterated a strong growth outlook in the earnings call — fundamental beats underpin the bullish analyst moves. Earnings Call Summary
• Neutral Sentiment: Brokerage consensus remains constructive but measured — services aggregators show a “Moderate Buy” consensus, reflecting optimism tempered by valuation and execution risk. Consensus Article
• Neutral Sentiment: Earnings materials and presentation released for Q4 provide additional detail on backlog, margins and guidance — useful for investors evaluating revenue mix and margin cadence. Earnings Presentation
• Negative Sentiment: Market reaction: some outlets note the stock moved lower despite the beats — suggesting profit-taking and short-term investor concern about near-term valuation after a recent run-up. Zacks

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.