Dycom Industries (DY) to Post Quarterly Earnings on Wednesday

Dycom Industries (NYSE:DYGet Free Report) is expected to be issuing its Q2 2027 results before the market opens on Wednesday, August 26th. Analysts expect the company to announce earnings of $4.72 per share and revenue of $1.9810 billion for the quarter. Dycom Industries has set its Q2 2027 guidance at 4.400-4.820 EPS. Investors can check the company’s upcoming Q2 2027 earning report page for the latest details on the call scheduled for Wednesday, August 26, 2026 at 9:00 AM ET.

Dycom Industries (NYSE:DYGet Free Report) last announced its quarterly earnings results on Wednesday, May 27th. The construction company reported $4.42 EPS for the quarter, beating the consensus estimate of $2.73 by $1.69. The company had revenue of $1.96 billion for the quarter, compared to analyst estimates of $1.67 billion. Dycom Industries had a net margin of 4.98% and a return on equity of 24.13%. Dycom Industries’s revenue was up 56.1% compared to the same quarter last year. During the same quarter last year, the business earned $2.09 earnings per share. On average, analysts expect Dycom Industries to post $15 EPS for the current fiscal year and $19 EPS for the next fiscal year.

Dycom Industries Stock Performance

Shares of NYSE DY opened at $381.76 on Tuesday. Dycom Industries has a 12-month low of $242.55 and a 12-month high of $566.47. The company has a market cap of $11.46 billion, a PE ratio of 36.32, a P/E/G ratio of 0.69 and a beta of 1.54. The stock has a 50 day simple moving average of $429.52 and a 200-day simple moving average of $415.72. The company has a current ratio of 2.58, a quick ratio of 2.46 and a debt-to-equity ratio of 1.48.

Institutional Trading of Dycom Industries

Hedge funds have recently bought and sold shares of the company. Peconic Partners LLC increased its position in shares of Dycom Industries by 2.8% in the second quarter. Peconic Partners LLC now owns 3,817,825 shares of the construction company’s stock worth $933,038,000 after acquiring an additional 105,586 shares in the last quarter. First Trust Advisors LP raised its holdings 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 valued at $211,245,000 after acquiring an additional 20,306 shares during the period. Price T Rowe Associates Inc. MD lifted its position in shares of Dycom Industries by 24.5% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 558,519 shares of the construction company’s stock valued at $188,725,000 after acquiring an additional 110,065 shares in the last quarter. Bank of America Corp DE lifted its position in shares of Dycom Industries by 15.2% in the 3rd 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 in the last quarter. Finally, Invesco Ltd. boosted its stake in Dycom Industries by 8.8% in the 3rd 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. 98.33% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

DY has been the subject of a number of analyst reports. Wells Fargo & Company boosted their price target on Dycom Industries from $500.00 to $650.00 and gave the stock an “overweight” rating in a research report on Thursday, May 28th. KeyCorp upped their price objective on shares of Dycom Industries from $482.00 to $610.00 and gave the stock an “overweight” rating in a report on Monday, June 1st. UBS Group reissued a “buy” rating on shares of Dycom Industries in a research note on Friday, July 24th. B. Riley Financial upped their price target on shares of Dycom Industries from $485.00 to $625.00 and gave the stock a “buy” rating in a research note on Thursday, May 28th. Finally, JPMorgan Chase & Co. raised their price objective on shares of Dycom Industries from $415.00 to $650.00 and gave the company an “overweight” rating in a research note on Thursday, May 28th. Eleven analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $578.09.

Read Our Latest Report on Dycom Industries

Dycom Industries Company Profile

(Get Free Report)

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.

Further Reading

Earnings History for Dycom Industries (NYSE:DY)

Receive News & Ratings for Dycom Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dycom Industries and related companies with MarketBeat.com's FREE daily email newsletter.