Q4 EPS Forecast for Dycom Industries Lowered by Analyst

Dycom Industries, Inc. (NYSE:DY) – Zacks Research lowered their Q4 2026 earnings estimates for shares of Dycom Industries in a note issued to investors on Wednesday, February 18th. Zacks Research analyst Team now anticipates that the construction company will post earnings per share of $1.50 for the quarter, down from their previous estimate of $1.51. Zacks Research has a “Strong Sell” rating on the stock. The consensus estimate for Dycom Industries’ current full-year earnings is $7.13 per share. Zacks Research also issued estimates for Dycom Industries’ Q3 2027 earnings at $4.31 EPS and FY2027 earnings at $13.21 EPS.

A number of other research firms also recently weighed in on DY. Wells Fargo & Company upped their price target on Dycom Industries from $315.00 to $360.00 and gave the stock an “overweight” rating in a research report on Thursday, November 20th. UBS Group boosted their price objective on shares of Dycom Industries from $373.00 to $400.00 and gave the stock a “buy” rating in a research report on Monday, January 12th. Bank of America raised their target price on shares of Dycom Industries from $310.00 to $365.00 and gave the company a “buy” rating in a research report on Friday, November 21st. Vertical Research assumed coverage on shares of Dycom Industries in a research report on Tuesday, December 23rd. They set a “buy” rating and a $420.00 price target on the stock. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Dycom Industries in a report on Wednesday, January 21st. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $395.20.

Dycom Industries Stock Up 2.5%

DY stock opened at $429.86 on Friday. The company has a debt-to-equity ratio of 0.62, a current ratio of 3.09 and a quick ratio of 2.90. The stock has a market capitalization of $12.45 billion, a P/E ratio of 42.31, a P/E/G ratio of 1.84 and a beta of 1.36. Dycom Industries has a fifty-two week low of $131.37 and a fifty-two week high of $445.52. The business has a 50-day moving average of $370.68 and a 200-day moving average of $318.15.

Dycom Industries (NYSE:DY) last released its earnings results on Wednesday, November 19th. The construction company reported $3.63 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.15 by $0.48. The firm had revenue of $1.45 billion during the quarter, compared to analysts’ expectations of $1.41 billion. Dycom Industries had a return on equity of 22.21% and a net margin of 5.75%.During the same quarter in the prior year, the company earned $2.68 EPS. The company’s revenue was up 14.2% on a year-over-year basis.

Hedge Funds Weigh In On Dycom Industries

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in DY. Axxcess Wealth Management LLC bought a new position in shares of Dycom Industries in the fourth quarter valued at about $2,332,000. Mercer Global Advisors Inc. ADV grew its stake in Dycom Industries by 10.8% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 2,769 shares of the construction company’s stock valued at $936,000 after buying an additional 269 shares during the last quarter. State of Tennessee Department of Treasury raised its holdings in Dycom Industries by 13.7% in the 4th quarter. State of Tennessee Department of Treasury now owns 15,630 shares of the construction company’s stock valued at $5,695,000 after acquiring an additional 1,878 shares during the period. Empowered Funds LLC acquired a new stake in Dycom Industries during the fourth quarter worth approximately $371,000. Finally, XTX Topco Ltd bought a new stake in shares of Dycom Industries during the fourth quarter worth approximately $291,000. 98.33% of the stock is owned by institutional investors.

Insider Activity

In other news, Director Eitan Gertel sold 3,645 shares of Dycom Industries stock in a transaction that occurred on Friday, January 9th. The stock was sold at an average price of $345.62, for a total transaction of $1,259,784.90. Following the completion of the transaction, the director directly owned 15,997 shares in the company, valued at approximately $5,528,883.14. The trade was a 18.56% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 3.72% of the stock is currently owned by insiders.

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.