Zacks Research Issues Positive Forecast for DY Earnings

Dycom Industries, Inc. (NYSE:DY) – Equities research analysts at Zacks Research raised their Q3 2026 earnings per share (EPS) estimates for Dycom Industries in a research note issued to investors on Wednesday, September 10th. Zacks Research analyst Team now anticipates that the construction company will post earnings of $3.11 per share for the quarter, up from their prior forecast of $3.01. Zacks Research has a “Hold” 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 $3.23 EPS.

Dycom Industries (NYSE:DY) last issued its quarterly earnings results on Wednesday, August 20th. The construction company reported $3.33 earnings per share for the quarter, beating analysts’ consensus estimates of $2.92 by $0.41. Dycom Industries had a net margin of 5.23% and a return on equity of 21.17%. The company had revenue of $1.38 billion during the quarter, compared to the consensus estimate of $1.41 billion. During the same period in the prior year, the company earned $2.46 EPS. Dycom Industries’s revenue was up 14.5% on a year-over-year basis. Dycom Industries has set its FY 2026 guidance at EPS. Q3 2026 guidance at 3.030-3.36 EPS.

DY has been the topic of several other research reports. DA Davidson lifted their price target on shares of Dycom Industries from $265.00 to $300.00 and gave the stock a “buy” rating in a research report on Thursday, August 21st. JPMorgan Chase & Co. raised their price objective on Dycom Industries from $250.00 to $275.00 and gave the stock an “overweight” rating in a research note on Thursday, August 21st. B. Riley lifted their target price on Dycom Industries from $200.00 to $265.00 and gave the stock a “buy” rating in a report on Friday, May 23rd. KeyCorp boosted their target price on Dycom Industries from $255.00 to $295.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 16th. Finally, Wall Street Zen raised Dycom Industries from a “hold” rating to a “buy” rating in a report on Friday, August 22nd. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of $289.43.

Dycom Industries Stock Down 0.1%

NYSE DY opened at $259.03 on Friday. Dycom Industries has a 12 month low of $131.37 and a 12 month high of $285.64. The company has a market capitalization of $7.50 billion, a P/E ratio of 29.10, a PEG ratio of 1.25 and a beta of 1.18. The company’s 50 day simple moving average is $260.00 and its 200 day simple moving average is $211.89. The company has a debt-to-equity ratio of 0.74, a current ratio of 3.16 and a quick ratio of 2.96.

Institutional Trading of Dycom Industries

A number of hedge funds have recently modified their holdings of the business. Versant Capital Management Inc purchased a new position in shares of Dycom Industries during the first quarter valued at $28,000. Twin Peaks Wealth Advisors LLC purchased a new stake in Dycom Industries in the 2nd quarter worth about $32,000. AlphaQuest LLC purchased a new position in Dycom Industries during the 1st quarter valued at about $37,000. EverSource Wealth Advisors LLC grew its stake in Dycom Industries by 73.1% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 161 shares of the construction company’s stock valued at $39,000 after acquiring an additional 68 shares in the last quarter. Finally, Federated Hermes Inc. increased its holdings in shares of Dycom Industries by 27.1% in the 1st quarter. Federated Hermes Inc. now owns 492 shares of the construction company’s stock valued at $75,000 after purchasing an additional 105 shares during the period. 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.