Zacks Research Expects Higher Earnings for Dycom Industries

Dycom Industries, Inc. (NYSE:DY) – Stock analysts at Zacks Research increased their FY2026 earnings per share estimates for shares of Dycom Industries in a research note issued on Wednesday, December 10th. Zacks Research analyst Team now forecasts that the construction company will earn $10.56 per share for the year, up from their previous estimate of $9.88. Zacks Research has a “Strong-Buy” 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’ Q4 2026 earnings at $1.51 EPS.

Other equities analysts have also recently issued research reports about the stock. DA Davidson upped their target price on shares of 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 raised their target price on shares of Dycom Industries from $315.00 to $360.00 and gave the stock an “overweight” rating in a report on Thursday, November 20th. JPMorgan Chase & Co. lifted their target price on shares of Dycom Industries from $275.00 to $370.00 and gave the stock an “overweight” rating in a research report on Thursday, November 20th. Wall Street Zen raised Dycom Industries from a “buy” rating to a “strong-buy” rating in a report on Sunday, November 23rd. Finally, Bank of America upped their target price on shares of Dycom Industries from $310.00 to $365.00 and gave the company a “buy” rating in a report on Friday, November 21st. Two equities research analysts have rated the stock with a Strong Buy rating and eight have given a Buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of $371.25.

Dycom Industries Price Performance

NYSE DY opened at $345.19 on Friday. Dycom Industries has a one year low of $131.37 and a one year high of $366.65. The stock has a 50-day moving average of $310.50 and a 200 day moving average of $275.13. The company has a market capitalization of $10.00 billion, a price-to-earnings ratio of 33.98, a PEG ratio of 1.78 and a beta of 1.36. The company has a debt-to-equity ratio of 0.62, a quick ratio of 2.90 and a current ratio of 3.09.

Dycom Industries (NYSE:DY) last posted its quarterly earnings results on Wednesday, November 19th. The construction company reported $3.63 earnings per share for the quarter, topping the consensus estimate 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%.The company’s revenue was up 14.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.68 earnings per share. Dycom Industries has set its Q4 2026 guidance at 1.620-1.970 EPS.

Institutional Investors Weigh In On Dycom Industries

A number of hedge funds have recently made changes to their positions in the company. Root Financial Partners LLC bought a new stake in Dycom Industries in the 3rd quarter worth approximately $26,000. Twin Peaks Wealth Advisors LLC purchased a new position in shares of Dycom Industries in the second quarter valued at $32,000. Optiver Holding B.V. increased its position in Dycom Industries by 57.1% in the third quarter. Optiver Holding B.V. now owns 110 shares of the construction company’s stock worth $32,000 after purchasing an additional 40 shares during the last quarter. CI Investments Inc. raised its stake in Dycom Industries by 259.4% during the third quarter. CI Investments Inc. now owns 115 shares of the construction company’s stock valued at $34,000 after purchasing an additional 83 shares in the last quarter. Finally, AlphaQuest LLC bought a new position in Dycom Industries during the first quarter valued at $37,000. 98.33% of the stock is currently owned by hedge funds and other institutional investors.

About Dycom Industries

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.