Dycom Industries, Inc. (NYSE:DY) Receives Average Rating of “Moderate Buy” from Analysts

Dycom Industries, Inc. (NYSE:DY) has been assigned a consensus recommendation of “Moderate Buy” from the twelve analysts that are presently covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, ten have given a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month price target among analysts that have covered the stock in the last year is $423.70.

A number of equities analysts have recently weighed in on DY shares. Weiss Ratings reissued a “buy (b)” rating on shares of Dycom Industries in a research report on Wednesday, January 21st. B. Riley Financial increased their target price on shares of Dycom Industries from $420.00 to $485.00 and gave the stock a “buy” rating in a research note on Thursday. Wall Street Zen upgraded shares of Dycom Industries from a “buy” rating to a “strong-buy” rating in a research report on Sunday, February 15th. DA Davidson upped their price objective on shares of Dycom Industries from $300.00 to $390.00 and gave the stock a “buy” rating in a report on Thursday, November 20th. Finally, Vertical Research started coverage on shares of Dycom Industries in a research report on Tuesday, December 23rd. They set a “buy” rating and a $420.00 price objective for the company.

Insider Activity at Dycom Industries

In other news, Director Eitan Gertel sold 3,645 shares of Dycom Industries stock in a transaction on 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 completion of the sale, the director directly owned 15,997 shares of the company’s stock, valued at approximately $5,528,883.14. The trade was a 18.56% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 3.72% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Dycom Industries

A number of hedge funds and other institutional investors have recently bought and sold shares of DY. &PARTNERS grew its position in Dycom Industries by 2.5% in the 4th quarter. &PARTNERS now owns 1,053 shares of the construction company’s stock valued at $356,000 after acquiring an additional 26 shares in the last quarter. EverSource Wealth Advisors LLC grew its holdings in shares of Dycom Industries by 17.3% in the fourth quarter. EverSource Wealth Advisors LLC now owns 203 shares of the construction company’s stock valued at $69,000 after purchasing an additional 30 shares in the last quarter. First Bank & Trust grew its holdings in shares of Dycom Industries by 1.6% in the fourth quarter. First Bank & Trust now owns 2,106 shares of the construction company’s stock valued at $712,000 after purchasing an additional 33 shares in the last quarter. Osaic Holdings Inc. increased its stake in Dycom Industries by 1.7% during the 4th quarter. Osaic Holdings Inc. now owns 2,062 shares of the construction company’s stock worth $697,000 after buying an additional 35 shares during the period. Finally, CWM LLC lifted its holdings in Dycom Industries by 1.9% during the 4th quarter. CWM LLC now owns 1,956 shares of the construction company’s stock worth $661,000 after buying an additional 36 shares in the last quarter. 98.33% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting Dycom Industries

Here are the key news stories impacting Dycom Industries this week:

• Positive Sentiment: Q4 results beat expectations: GAAP-adjusted EPS $2.03 vs. $1.91 estimate and contract revenue of $1.46B (up ~34% YoY); adjusted EBITDA improved. These upside beats are the primary fundamental driver underpinning the bullish analyst reactions. Dycom Q4 Earnings & Revenues Top, Adjusted EBITDA Up Y/Y
• Positive Sentiment: Record backlog (~$9.54B) and strong free cash flow; completed acquisition of Power Solutions to accelerate entry into the high-growth data-center market — supports multi-year revenue runway. Dycom Reports Fiscal 2026 Fourth Quarter and Annual Results
• Positive Sentiment: Multiple analyst upgrades and price-target raises (KeyCorp, B. Riley, JPMorgan among others) show sell-side conviction on medium-term growth and margin expansion. KeyBanc PT Raised to $482 B. Riley & JPMorgan Coverage
• Neutral Sentiment: Company issued Q1 FY2027 EPS guidance of $2.57–$2.90 and FY2027 revenue guidance $6.9B–$7.2B; guidance includes upside at the top end but a range that leaves room for investor debate on near-term conservatism vs. upside. Dycom FY2027 Outlook (Slide Deck)
• Negative Sentiment: Market reaction: the stock fell on heavy volume despite the beat — suggesting profit-taking and concern that guidance (lower range of Q1) and near-term visibility could underwhelm some investors; high valuation metrics (PE ~36) may amplify selling. Stock Drops Despite Record Backlog

Dycom Industries Stock Down 4.6%

Shares of NYSE DY opened at $369.33 on Friday. The company has a market capitalization of $10.70 billion, a P/E ratio of 38.47, a P/E/G ratio of 1.27 and a beta of 1.34. The company has a debt-to-equity ratio of 1.51, a current ratio of 2.74 and a quick ratio of 2.90. The company has a 50 day simple moving average of $382.15 and a 200-day simple moving average of $326.72. Dycom Industries has a 1 year low of $131.37 and a 1 year high of $445.52.

Dycom Industries (NYSE:DY) last issued its quarterly earnings data on Wednesday, March 4th. The construction company reported $2.03 earnings per share for the quarter, topping the consensus estimate of $1.91 by $0.12. Dycom Industries had a return on equity of 21.77% and a net margin of 5.07%.The company had revenue of $1.46 billion during the quarter, compared to analyst estimates of $1.34 billion. During the same period in the prior year, the business posted $1.17 earnings per share. The firm’s revenue for the quarter was up 34.4% compared to the same quarter last year. Dycom Industries has set its Q1 2027 guidance at 2.570-2.90 EPS. On average, equities research analysts predict that Dycom Industries will post 7.13 earnings per share for the current year.

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.