Zacks Research Equities Analysts Boost Earnings Estimates for Dycom Industries, Inc. (NYSE:DY)

Dycom Industries, Inc. (NYSE:DY) – Equities research analysts at Zacks Research raised their Q1 2026 EPS estimates for shares of Dycom Industries in a research note issued to investors on Tuesday, April 30th. Zacks Research analyst A. Gupta now expects that the construction company will post earnings of $1.76 per share for the quarter, up from their previous estimate of $1.75. The consensus estimate for Dycom Industries’ current full-year earnings is $7.14 per share.

Several other research analysts have also recently commented on DY. B. Riley raised Dycom Industries from a “neutral” rating to a “buy” rating and raised their target price for the stock from $101.00 to $172.00 in a research report on Friday, March 8th. KeyCorp raised their price objective on shares of Dycom Industries from $136.00 to $149.00 and gave the stock an “overweight” rating in a report on Thursday, February 29th. One research analyst has rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $135.50.

Dycom Industries Price Performance

Shares of NYSE:DY opened at $144.15 on Friday. The firm has a market capitalization of $4.19 billion, a PE ratio of 19.56, a PEG ratio of 0.82 and a beta of 1.37. The company has a current ratio of 3.06, a quick ratio of 2.85 and a debt-to-equity ratio of 0.75. Dycom Industries has a 1-year low of $78.42 and a 1-year high of $146.32. The business’s 50 day moving average is $138.19 and its 200-day moving average is $116.26.

Dycom Industries (NYSE:DY) last released its earnings results on Wednesday, February 28th. The construction company reported $0.79 earnings per share for the quarter, missing analysts’ consensus estimates of $0.94 by ($0.15). The firm had revenue of $952.50 million for the quarter, compared to analyst estimates of $968.87 million. Dycom Industries had a return on equity of 22.06% and a net margin of 5.24%. The firm’s quarterly revenue was up 3.8% compared to the same quarter last year. During the same period last year, the business earned $0.83 earnings per share.

Insiders Place Their Bets

In related news, VP Jason T. Lawson sold 220 shares of the stock in a transaction dated Monday, April 1st. The shares were sold at an average price of $140.27, for a total transaction of $30,859.40. Following the completion of the sale, the vice president now owns 7,793 shares in the company, valued at approximately $1,093,124.11. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 4.28% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Allspring Global Investments Holdings LLC acquired a new position in Dycom Industries during the 1st quarter worth about $28,000. Quadrant Capital Group LLC lifted its position in shares of Dycom Industries by 26.4% during the fourth quarter. Quadrant Capital Group LLC now owns 770 shares of the construction company’s stock worth $89,000 after purchasing an additional 161 shares in the last quarter. Principal Securities Inc. acquired a new position in shares of Dycom Industries during the fourth quarter worth approximately $142,000. Strs Ohio grew its stake in shares of Dycom Industries by 50.0% during the fourth quarter. Strs Ohio now owns 1,500 shares of the construction company’s stock valued at $172,000 after purchasing an additional 500 shares during the last quarter. Finally, Mackenzie Financial Corp acquired a new stake in shares of Dycom Industries in the fourth quarter valued at approximately $207,000. 98.33% of the stock is owned by institutional investors and hedge funds.

About Dycom Industries

Dycom Industries, Inc provides specialty contracting services to the telecommunications infrastructure and utility industries in the United States. The company offers engineering services to telecommunications providers, including the planning and design of aerial, underground, and buried fiber optic, copper, and coaxial cable systems; wireless networks in connection with the deployment of macro cell and new small cell sites; and program and project management and inspection personnel.