Dycom Industries’ (DY) Overweight Rating Reiterated at Cantor Fitzgerald

Cantor Fitzgerald reissued their overweight rating on shares of Dycom Industries (NYSE:DY) in a research report released on Friday morning,Benzinga reports. The brokerage currently has a $436.00 price objective on the construction company’s stock.

DY has been the topic of a number of other reports. Guggenheim started coverage on Dycom Industries in a research note on Thursday, January 22nd. They issued a “buy” rating and a $510.00 price target on the stock. Weiss Ratings reiterated a “buy (b)” rating on shares of Dycom Industries in a report on Wednesday, January 21st. KeyCorp raised their target price on shares of Dycom Industries from $426.00 to $482.00 and gave the stock an “overweight” rating in a research report on Thursday, March 5th. Bank of America boosted their target price on shares of Dycom Industries from $365.00 to $475.00 and gave the company a “buy” rating in a report on Wednesday, February 25th. Finally, B. Riley Financial upped their price target on shares of Dycom Industries from $420.00 to $485.00 and gave the stock a “buy” rating in a research report on Thursday, March 5th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $431.64.

Dycom Industries Trading Up 0.1%

Shares of DY opened at $342.32 on Friday. Dycom Industries has a fifty-two week low of $131.37 and a fifty-two week high of $445.52. The company has a market capitalization of $10.26 billion, a PE ratio of 35.66, a price-to-earnings-growth ratio of 0.79 and a beta of 1.34. The stock has a fifty day moving average of $383.45 and a two-hundred day moving average of $338.64. The company has a debt-to-equity ratio of 1.51, a quick ratio of 2.61 and a current ratio of 2.74.

Dycom Industries (NYSE:DY) last posted 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. The business had revenue of $1.46 billion for the quarter, compared to analysts’ expectations of $1.34 billion. Dycom Industries had a return on equity of 21.77% and a net margin of 5.07%.The business’s revenue was up 34.4% on a year-over-year basis. During the same quarter last year, the firm earned $1.17 earnings per share. Dycom Industries has set its Q1 2027 guidance at 2.570-2.90 EPS. As a group, analysts forecast that Dycom Industries will post 7.13 EPS for the current year.

Insider Activity at Dycom Industries

In other news, Director Eitan Gertel sold 3,645 shares of the firm’s stock in a transaction dated 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 transaction, the director directly owned 15,997 shares in the company, valued at $5,528,883.14. This trade represents a 18.56% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 3.72% of the stock is currently owned by company insiders.

Institutional Trading of Dycom Industries

A number of institutional investors have recently modified their holdings of DY. &PARTNERS raised its holdings in Dycom Industries by 2.5% in the fourth quarter. &PARTNERS now owns 1,053 shares of the construction company’s stock valued at $356,000 after buying an additional 26 shares during the period. EverSource Wealth Advisors LLC lifted its position in Dycom Industries by 17.3% during the fourth quarter. EverSource Wealth Advisors LLC now owns 203 shares of the construction company’s stock valued at $69,000 after buying an additional 30 shares in the last quarter. First Bank & Trust grew its stake in Dycom Industries by 1.6% during the fourth quarter. First Bank & Trust now owns 2,106 shares of the construction company’s stock worth $712,000 after buying an additional 33 shares during the period. Osaic Holdings Inc. grew its stake in Dycom Industries by 1.7% during the fourth 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 increased its position in shares of Dycom Industries by 1.9% in the fourth quarter. CWM LLC now owns 1,956 shares of the construction company’s stock worth $661,000 after acquiring an additional 36 shares in the last quarter. Hedge funds and other institutional investors 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: Zacks raised several near-term quarter forecasts (Q4 2028 to $2.84 from $2.54; Q1 2028 to $2.86 from $2.72; Q4 2027 to $2.48 from $2.05), which could support optimism about revenue/earnings momentum. Zacks Research notes
• Neutral Sentiment: Zacks published multi-year projections (FY2028 ~$14.51; FY2029 ~$16.61) that show long-term growth expectations, but these are forward-looking math rather than company-issued guidance. Zacks Research notes
• Negative Sentiment: Several Zacks cuts to key quarterly estimates (Q1–Q3 2027 and Q2–Q3 2028 were trimmed, including a notable Q2 2027 cut to $3.70 from $4.26), which could pressure near-term expectations. Zacks also kept a “Strong Sell” rating on DY, a negative signal for sentiment-sensitive money flows. Zacks Research notes
• Negative Sentiment: Zacks trimmed FY2027 and FY2028 EPS forecasts modestly (FY2027 to $12.76 from $13.21; FY2028 to $14.51 from $14.63), which reduces some near-to-medium-term upside in street expectations. Zacks Research notes

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.