KeyCorp Forecasts Dycom Industries’ Q1 Earnings (NYSE:DY)

Dycom Industries, Inc. (NYSE:DY) – Investment analysts at KeyCorp issued their Q1 2027 earnings per share estimates for Dycom Industries in a report issued on Tuesday, April 14th. KeyCorp analyst S. Jain forecasts that the construction company will earn $2.50 per share for the quarter. KeyCorp currently has a “Overweight” rating and a $482.00 target price on the stock. The consensus estimate for Dycom Industries’ current full-year earnings is $7.13 per share. KeyCorp also issued estimates for Dycom Industries’ Q3 2027 earnings at $4.36 EPS and Q4 2027 earnings at $2.36 EPS.

A number of other research analysts also recently issued reports on the company. Weiss Ratings reiterated a “buy (b)” rating on shares of Dycom Industries in a report on Wednesday, January 21st. JPMorgan Chase & Co. raised their price target on Dycom Industries from $395.00 to $415.00 and gave the company an “overweight” rating in a research note on Thursday, March 5th. B. Riley Financial raised their price target on Dycom Industries from $420.00 to $485.00 and gave the company a “buy” rating in a research note on Thursday, March 5th. Bank of America raised their price target on Dycom Industries from $365.00 to $475.00 and gave the company a “buy” rating in a research note on Wednesday, February 25th. Finally, UBS Group set a $475.00 price objective on Dycom Industries and gave the company a “buy” rating in a research report on Friday, March 6th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $431.64.

Dycom Industries Stock Up 1.3%

NYSE:DY opened at $400.30 on Friday. The company has a debt-to-equity ratio of 1.51, a quick ratio of 2.61 and a current ratio of 2.74. The company has a market cap of $12.00 billion, a PE ratio of 41.70, a PEG ratio of 0.91 and a beta of 1.38. Dycom Industries has a 52-week low of $149.38 and a 52-week high of $445.52. The stock has a 50-day simple moving average of $382.40 and a 200 day simple moving average of $347.37.

Dycom Industries (NYSE:DY) last posted its quarterly earnings data on Wednesday, March 4th. The construction company reported $2.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.91 by $0.12. The business had revenue of $1.46 billion during the quarter, compared to the consensus estimate of $1.34 billion. Dycom Industries had a return on equity of 21.77% and a net margin of 5.07%.Dycom Industries’s quarterly revenue was up 34.4% on a year-over-year basis. 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.

Institutional Investors Weigh In On Dycom Industries

Hedge funds and other institutional investors have recently bought and sold shares of the company. Root Financial Partners LLC bought a new stake in Dycom Industries during the 3rd quarter worth $26,000. Kemnay Advisory Services Inc. bought a new stake in Dycom Industries during the 4th quarter worth $30,000. Optiver Holding B.V. grew its position in Dycom Industries by 57.1% during the 3rd quarter. Optiver Holding B.V. now owns 110 shares of the construction company’s stock worth $32,000 after acquiring an additional 40 shares during the last quarter. Sound Income Strategies LLC bought a new stake in Dycom Industries during the 4th quarter worth $32,000. Finally, CI Investments Inc. grew its position in Dycom Industries by 259.4% during the 3rd quarter. CI Investments Inc. now owns 115 shares of the construction company’s stock worth $34,000 after acquiring an additional 83 shares during the last quarter. Institutional investors own 98.33% 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.