Dycom Industries (NYSE:DY) Posts Earnings Results, Beats Estimates By $0.37 EPS

Dycom Industries (NYSE:DY) posted its quarterly earnings data on Wednesday. The construction company reported $2.03 EPS for the quarter, topping analysts’ consensus estimates of $1.66 by $0.37, FiscalAI reports. Dycom Industries had a return on equity of 22.21% and a net margin of 5.75%.During the same period last year, the company earned $1.17 EPS. The business’s revenue was up 34.4% compared to the same quarter last year. Dycom Industries updated its Q1 2027 guidance to 2.570-2.90 EPS.

Dycom Industries Trading Down 1.6%

Shares of DY stock traded down $6.58 during mid-day trading on Wednesday, reaching $396.91. The stock had a trading volume of 118,466 shares, compared to its average volume of 359,667. The firm has a market capitalization of $11.49 billion, a PE ratio of 39.07, a price-to-earnings-growth ratio of 1.38 and a beta of 1.34. The stock’s 50-day moving average price is $380.94 and its two-hundred day moving average price is $325.99. 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 52-week low of $131.37 and a 52-week high of $445.52.

Dycom Industries News Summary

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

Insider Buying and Selling at Dycom Industries

In related news, Director Eitan Gertel sold 3,645 shares of the firm’s stock in a transaction dated 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 directly owned 15,997 shares of the company’s stock, valued at $5,528,883.14. This trade represents a 18.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 3.72% of the company’s stock.

Hedge Funds Weigh In On Dycom Industries

Hedge funds and other institutional investors have recently modified their holdings of the stock. Jones Financial Companies Lllp lifted its holdings in Dycom Industries by 4,626.1% in the first quarter. Jones Financial Companies Lllp now owns 2,174 shares of the construction company’s stock worth $331,000 after buying an additional 2,128 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of Dycom Industries by 7.7% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 69,726 shares of the construction company’s stock worth $10,622,000 after acquiring an additional 4,985 shares in the last quarter. Invesco Ltd. lifted its stake in shares of Dycom Industries by 7.0% in the 2nd quarter. Invesco Ltd. now owns 227,127 shares of the construction company’s stock valued at $55,508,000 after purchasing an additional 14,891 shares during the period. EverSource Wealth Advisors LLC boosted its position in shares of Dycom Industries by 73.1% during the second quarter. EverSource Wealth Advisors LLC now owns 161 shares of the construction company’s stock valued at $39,000 after purchasing an additional 68 shares in the last quarter. Finally, Cerity Partners LLC grew its stake in Dycom Industries by 8.9% in the second quarter. Cerity Partners LLC now owns 2,239 shares of the construction company’s stock worth $547,000 after purchasing an additional 183 shares during the period. Hedge funds and other institutional investors own 98.33% of the company’s stock.

Analysts Set New Price Targets

DY has been the topic of several recent analyst reports. B. Riley Financial boosted their target price on shares of Dycom Industries from $320.00 to $420.00 and gave the company a “buy” rating in a report on Friday, November 21st. Wells Fargo & Company boosted their price objective on Dycom Industries from $315.00 to $360.00 and gave the company an “overweight” rating in a research note on Thursday, November 20th. Weiss Ratings restated a “buy (b)” rating on shares of Dycom Industries in a research report on Wednesday, January 21st. Guggenheim began coverage on Dycom Industries in a research note on Thursday, January 22nd. They set a “buy” rating and a $510.00 target price for the company. Finally, JPMorgan Chase & Co. lifted their target price on Dycom Industries from $370.00 to $395.00 and gave the stock an “overweight” rating in a report on Wednesday, February 4th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and one has issued a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $406.20.

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.