Dycom Industries (NYSE:DY) Stock Rating Lowered by Wall Street Zen

Dycom Industries (NYSE:DY) was downgraded by investment analysts at Wall Street Zen from a “strong-buy” rating to a “buy” rating in a research note issued to investors on Saturday.

Other equities analysts have also issued research reports about the company. DA Davidson lifted their price target on Dycom Industries from $300.00 to $390.00 and gave the company a “buy” rating in a research note on Thursday, November 20th. Wells Fargo & Company upped their price objective on Dycom Industries from $315.00 to $360.00 and gave the stock an “overweight” rating in a research report on Thursday, November 20th. KeyCorp raised their price objective on Dycom Industries from $426.00 to $482.00 and gave the company an “overweight” rating in a research note on Thursday. B. Riley Financial lifted their target price on Dycom Industries from $420.00 to $485.00 and gave the company a “buy” rating in a research report on Thursday. Finally, UBS Group set a $475.00 target price on Dycom Industries and gave the stock a “buy” rating in a research note on Friday. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat, Dycom Industries presently has a consensus rating of “Moderate Buy” and a consensus target price of $431.20.

Dycom Industries Stock Performance

NYSE DY opened at $357.34 on Friday. The firm’s 50 day simple moving average is $382.34 and its 200 day simple moving average is $327.31. The firm has a market capitalization of $10.35 billion, a price-to-earnings ratio of 37.22, a P/E/G ratio of 1.22 and a beta of 1.34. The company has a current ratio of 2.74, a quick ratio of 2.90 and a debt-to-equity ratio of 1.51. Dycom Industries has a 1 year low of $131.37 and a 1 year high of $445.52.

Dycom Industries (NYSE:DY) last announced its quarterly earnings data on Wednesday, March 4th. The construction company reported $2.03 EPS for the quarter, beating the consensus estimate of $1.91 by $0.12. Dycom Industries had a net margin of 5.07% and a return on equity of 21.77%. The business had revenue of $1.46 billion during the quarter, compared to the consensus estimate of $1.34 billion. During the same period in the previous year, the business earned $1.17 earnings per share. The company’s revenue was up 34.4% on a year-over-year basis. Dycom Industries has set its Q1 2027 guidance at 2.570-2.90 EPS. As a group, research analysts expect that Dycom Industries will post 7.13 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Dycom Industries news, Director Eitan Gertel sold 3,645 shares of the company’s stock in a transaction that occurred on Friday, January 9th. The shares were sold at an average price of $345.62, for a total value 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. This represents 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 owned by insiders.

Institutional Trading of Dycom Industries

Several institutional investors have recently modified their holdings of the business. Root Financial Partners LLC bought a new position in Dycom Industries during the 3rd quarter worth $26,000. Kemnay Advisory Services Inc. bought a new stake in shares of Dycom Industries in the 4th quarter valued at about $30,000. Twin Peaks Wealth Advisors LLC bought a new stake in shares of Dycom Industries in the 2nd quarter valued at about $32,000. Optiver Holding B.V. increased its stake in shares of Dycom Industries by 57.1% in the third quarter. Optiver Holding B.V. now owns 110 shares of the construction company’s stock valued at $32,000 after buying an additional 40 shares during the period. Finally, Sound Income Strategies LLC bought a new position in shares of Dycom Industries during the fourth quarter worth about $32,000. Institutional investors own 98.33% of the company’s stock.

Key Headlines Impacting Dycom Industries

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

• Positive Sentiment: Multiple broker upgrades and higher targets — B. Riley raised its target to $485 (buy), KeyCorp raised its target to $482 (overweight) and JPMorgan boosted its target to $415 (overweight), signaling analyst conviction in continued growth upside. Benzinga
• Positive Sentiment: Q4 results topped expectations: Dycom reported record contract revenue, adjusted earnings and adjusted EBITDA above consensus, and reiterated a strong growth outlook in the earnings call — fundamental beats underpin the bullish analyst moves. Earnings Call Summary
• Neutral Sentiment: Brokerage consensus remains constructive but measured — services aggregators show a “Moderate Buy” consensus, reflecting optimism tempered by valuation and execution risk. Consensus Article
• Neutral Sentiment: Earnings materials and presentation released for Q4 provide additional detail on backlog, margins and guidance — useful for investors evaluating revenue mix and margin cadence. Earnings Presentation
• Negative Sentiment: Market reaction: some outlets note the stock moved lower despite the beats — suggesting profit-taking and short-term investor concern about near-term valuation after a recent run-up. Zacks

About Dycom Industries

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.