Dycom Industries, Inc. (NYSE:DY) Receives $301.38 Consensus PT from Brokerages

Shares of Dycom Industries, Inc. (NYSE:DY) have earned a consensus recommendation of “Buy” from the ten analysts that are presently covering the firm, MarketBeat.com reports. Eight equities research analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $301.3750.

Several equities research analysts have recently weighed in on DY shares. Zacks Research upgraded shares of Dycom Industries from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 15th. UBS Group lifted their price objective on shares of Dycom Industries from $296.00 to $336.00 and gave the company a “buy” rating in a report on Monday, October 13th. Raymond James Financial boosted their price target on shares of Dycom Industries from $290.00 to $300.00 and gave the stock a “strong-buy” rating in a report on Thursday, August 21st. Weiss Ratings restated a “buy (b)” rating on shares of Dycom Industries in a report on Wednesday, October 8th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Dycom Industries from $250.00 to $275.00 and gave the stock an “overweight” rating in a research report on Thursday, August 21st.

Dycom Industries Stock Down 0.5%

Dycom Industries stock opened at $286.46 on Friday. The stock has a market cap of $8.29 billion, a P/E ratio of 32.19, a P/E/G ratio of 1.38 and a beta of 1.15. The company has a quick ratio of 2.96, a current ratio of 3.16 and a debt-to-equity ratio of 0.74. Dycom Industries has a twelve month low of $131.37 and a twelve month high of $301.88. The company’s 50-day moving average price is $275.92 and its two-hundred day moving average price is $247.20.

Dycom Industries (NYSE:DY) last posted its quarterly earnings data on Wednesday, August 20th. The construction company reported $3.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.92 by $0.41. The firm had revenue of $1.38 billion during the quarter, compared to the consensus estimate of $1.41 billion. Dycom Industries had a net margin of 5.23% and a return on equity of 21.17%. The business’s revenue for the quarter was up 14.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.46 EPS. Dycom Industries has set its FY 2026 guidance at EPS. Q3 2026 guidance at 3.030-3.36 EPS. As a group, analysts expect that Dycom Industries will post 7.13 EPS for the current year.

Hedge Funds Weigh In On Dycom Industries

A number of hedge funds and other institutional investors have recently bought and sold shares of DY. KBC Group NV grew its stake in Dycom Industries by 18.9% in the 1st quarter. KBC Group NV now owns 1,443 shares of the construction company’s stock worth $220,000 after buying an additional 229 shares in the last quarter. Applied Fundamental Research LLC lifted its holdings in shares of Dycom Industries by 48.0% in the 1st quarter. Applied Fundamental Research LLC now owns 75,526 shares of the construction company’s stock worth $11,506,000 after acquiring an additional 24,495 shares during the last quarter. Xponance Inc. lifted its holdings in shares of Dycom Industries by 5.7% in the 1st quarter. Xponance Inc. now owns 2,163 shares of the construction company’s stock worth $330,000 after acquiring an additional 116 shares during the last quarter. Callahan Advisors LLC lifted its holdings in shares of Dycom Industries by 14.2% in the 1st quarter. Callahan Advisors LLC now owns 35,926 shares of the construction company’s stock worth $5,473,000 after acquiring an additional 4,478 shares during the last quarter. Finally, New York State Common Retirement Fund lifted its holdings in shares of Dycom Industries by 30.8% in the 1st quarter. New York State Common Retirement Fund now owns 81,052 shares of the construction company’s stock worth $12,347,000 after acquiring an additional 19,107 shares during the last quarter. Hedge funds and other institutional investors own 98.33% of the company’s stock.

Dycom Industries Company Profile

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.