FY2027 EPS Estimates for Dycom Industries Lifted by B. Riley

Dycom Industries, Inc. (NYSE:DY) – Stock analysts at B. Riley raised their FY2027 earnings per share (EPS) estimates for Dycom Industries in a research note issued on Wednesday, October 22nd. B. Riley analyst L. Burke now expects that the construction company will earn $11.47 per share for the year, up from their prior forecast of $11.39. The consensus estimate for Dycom Industries’ current full-year earnings is $7.13 per share.

Dycom Industries (NYSE:DY) last announced 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 return on equity of 21.17% and a net margin of 5.23%.The firm had revenue of $1.38 billion for the quarter, compared to analysts’ expectations of $1.41 billion. During the same period in the prior year, the business posted $2.46 earnings per share. The business’s revenue was up 14.5% compared to the same quarter last year. Dycom Industries has set its FY 2026 guidance at EPS. Q3 2026 guidance at 3.030-3.36 EPS.

Several other equities analysts have also issued reports on DY. DA Davidson upped their price target on Dycom Industries from $265.00 to $300.00 and gave the company a “buy” rating in a research note on Thursday, August 21st. Zacks Research raised Dycom Industries from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 15th. Bank of America upped their price objective on Dycom Industries from $299.00 to $310.00 and gave the company a “buy” rating in a report on Monday, September 29th. UBS Group raised their target price on Dycom Industries from $296.00 to $336.00 and gave the stock a “buy” rating in a report on Monday, October 13th. Finally, Wall Street Zen upgraded Dycom Industries from a “hold” rating to a “buy” rating in a report on Friday, August 22nd. Two analysts have rated the stock with a Strong Buy rating and eight have issued a Buy rating to the company’s stock. According to MarketBeat.com, Dycom Industries presently has a consensus rating of “Buy” and a consensus price target of $301.38.

Dycom Industries Stock Performance

Shares of NYSE:DY opened at $279.81 on Thursday. The business’s fifty day moving average price is $272.26 and its two-hundred day moving average price is $237.65. Dycom Industries has a fifty-two week low of $131.37 and a fifty-two week high of $301.88. The stock has a market capitalization of $8.10 billion, a price-to-earnings ratio of 31.44, a price-to-earnings-growth ratio of 1.38 and a beta of 1.15. 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

Institutional investors have recently added to or reduced their stakes in the company. KBC Group NV boosted its stake in Dycom Industries by 18.9% in the 1st quarter. KBC Group NV now owns 1,443 shares of the construction company’s stock valued at $220,000 after purchasing an additional 229 shares during the period. SG Americas Securities LLC bought a new stake in Dycom Industries in the 1st quarter valued at $342,000. Federated Hermes Inc. boosted its stake in 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. Cetera Investment Advisers bought a new stake in Dycom Industries in the 1st quarter valued at $387,000. Finally, Greenleaf Trust bought a new stake in Dycom Industries in the 2nd quarter valued at $246,000. 98.33% of the stock is currently owned by 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.