Dycom Industries (NYSE:DY) Price Target Raised to $482.00

Dycom Industries (NYSE:DY) had its price objective boosted by KeyCorp from $426.00 to $482.00 in a research note published on Thursday morning, MarketBeat Ratings reports. They currently have an overweight rating on the construction company’s stock.

A number of other brokerages also recently issued reports on DY. B. Riley Financial upped their price target on Dycom Industries from $320.00 to $420.00 and gave the company a “buy” rating in a report on Friday, November 21st. Guggenheim initiated coverage on shares of Dycom Industries in a report on Thursday, January 22nd. They issued a “buy” rating and a $510.00 target price for the company. DA Davidson increased their target price on shares of Dycom Industries from $300.00 to $390.00 and gave the company a “buy” rating in a research report on Thursday, November 20th. JPMorgan Chase & Co. lifted their price target on shares of Dycom Industries from $370.00 to $395.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 4th. Finally, Wells Fargo & Company boosted their price target on shares of Dycom Industries from $315.00 to $360.00 and gave the company an “overweight” rating in a research report on Thursday, November 20th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $431.20.

Dycom Industries Stock Down 3.4%

Dycom Industries stock opened at $357.34 on Thursday. The stock has a market cap of $10.35 billion, a PE ratio of 37.22, a P/E/G ratio of 1.17 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 stock’s fifty day moving average is $382.34 and its two-hundred day moving average is $327.71. Dycom Industries has a 1-year low of $131.37 and a 1-year high of $445.52.

Dycom Industries (NYSE:DY) last released its quarterly earnings data on Wednesday, March 4th. The construction company reported $2.03 earnings per share (EPS) 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 business had revenue of $1.46 billion during the quarter, compared to analysts’ expectations of $1.34 billion. During the same period in the prior year, the firm posted $1.17 EPS. The business’s quarterly revenue 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, sell-side analysts expect that Dycom Industries will post 7.13 EPS for the current fiscal year.

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 shares were sold at an average price of $345.62, for a total value of $1,259,784.90. Following the transaction, the director directly owned 15,997 shares of the company’s stock, valued at $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 is available through this link. 3.72% of the stock is owned by insiders.

Institutional Trading of Dycom Industries

A number of large investors have recently bought and sold shares of the business. Sound Income Strategies LLC acquired a new position in Dycom Industries in the fourth quarter valued at $32,000. Root Financial Partners LLC purchased a new position in shares of Dycom Industries during the third quarter worth about $26,000. Kemnay Advisory Services Inc. acquired a new position in Dycom Industries in the 4th quarter valued at about $30,000. Acumen Wealth Advisors LLC acquired a new stake in Dycom Industries during the 4th quarter worth approximately $35,000. Finally, Optiver Holding B.V. grew its stake in shares of Dycom Industries by 57.1% in the 3rd quarter. Optiver Holding B.V. now owns 110 shares of the construction company’s stock valued at $32,000 after purchasing an additional 40 shares during the last quarter. Institutional investors and hedge funds own 98.33% of the company’s stock.

Dycom Industries News Summary

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.