Dycom Industries (NYSE:DY) Issues Earnings Results

Dycom Industries (NYSE:DY) released its quarterly earnings data on Wednesday. The construction company reported $1.11 earnings per share for the quarter, topping analysts’ consensus estimates of $0.91 by $0.20, Zacks reports. Dycom Industries had a net margin of 4.91% and a return on equity of 20.99%. Dycom Industries updated its FY 2026 guidance to EPS and its Q1 2026 guidance to 1.500-1.730 EPS.

Dycom Industries Price Performance

Shares of DY traded down $8.98 during trading hours on Wednesday, reaching $162.96. 492,653 shares of the company traded hands, compared to its average volume of 427,356. The stock has a market capitalization of $4.75 billion, a PE ratio of 21.36, a price-to-earnings-growth ratio of 1.29 and a beta of 1.42. The stock has a fifty day simple moving average of $181.97 and a 200 day simple moving average of $184.38. Dycom Industries has a fifty-two week low of $118.00 and a fifty-two week high of $207.20. The company has a quick ratio of 2.93, a current ratio of 3.12 and a debt-to-equity ratio of 0.89.

Insider Activity at Dycom Industries

In related news, Director Peter T. Pruitt, Jr. sold 2,900 shares of Dycom Industries stock in a transaction dated Friday, January 10th. The stock was sold at an average price of $175.08, for a total value of $507,732.00. Following the completion of the transaction, the director now directly owns 14,533 shares in the company, valued at approximately $2,544,437.64. This trade represents a 16.64 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Jennifer M. Fritzsche sold 430 shares of the company’s stock in a transaction on Wednesday, December 18th. The stock was sold at an average price of $173.11, for a total value of $74,437.30. Following the transaction, the director now owns 8,873 shares of the company’s stock, valued at approximately $1,536,005.03. The trade was a 4.62 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 4.28% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of equities research analysts have recently commented on DY shares. Raymond James raised their target price on Dycom Industries from $210.00 to $215.00 and gave the company a “strong-buy” rating in a research report on Tuesday, February 4th. Wells Fargo & Company boosted their target price on Dycom Industries from $200.00 to $215.00 and gave the company an “overweight” rating in a research report on Friday, November 15th. DA Davidson reiterated a “buy” rating and issued a $210.00 target price on shares of Dycom Industries in a report on Tuesday, November 19th. Finally, KeyCorp increased their price objective on Dycom Industries from $227.00 to $229.00 and gave the company an “overweight” rating in a report on Wednesday, January 8th. One analyst has rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $208.88.

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.