Dycom Industries (DY) Expected to Announce Quarterly Earnings on Wednesday

Dycom Industries (NYSE:DY - Get Free Report) will likely be announcing its Q1 2026 earnings results before the market opens on Wednesday, May 21st. Analysts expect the company to announce earnings of $1.60 per share and revenue of $1.19 billion for the quarter.

Dycom Industries Price Performance

Dycom Industries stock opened at $193.89 on Wednesday. The company has a debt-to-equity ratio of 0.89, a quick ratio of 2.93 and a current ratio of 3.12. The firm has a market cap of $5.58 billion, a P/E ratio of 25.51, a P/E/G ratio of 1.29 and a beta of 1.27. The business's fifty day moving average is $159.44 and its two-hundred day moving average is $173.37. Dycom Industries has a 52 week low of $131.37 and a 52 week high of $207.20.

Dycom Industries declared that its board has approved a share repurchase program on Wednesday, February 26th that allows the company to repurchase $150.00 million in outstanding shares. This repurchase authorization allows the construction company to buy up to 3.2% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company's board believes its shares are undervalued.

Analyst Upgrades and Downgrades

DY has been the topic of several research reports. JPMorgan Chase & Co. initiated coverage on shares of Dycom Industries in a research report on Monday, April 21st. They set an "overweight" rating and a $200.00 price target on the stock. KeyCorp reduced their target price on shares of Dycom Industries from $201.00 to $183.00 and set an "overweight" rating on the stock in a research report on Wednesday, April 16th. Raymond James upped their target price on shares of Dycom Industries from $210.00 to $215.00 and gave the stock a "strong-buy" rating in a research report on Tuesday, February 4th. Wells Fargo & Company reduced their price objective on Dycom Industries from $215.00 to $200.00 and set an "overweight" rating on the stock in a report on Thursday, April 3rd. Finally, B. Riley cut their price target on Dycom Industries from $234.00 to $200.00 and set a "buy" rating on the stock in a research note on Wednesday, March 19th. One equities research analyst has rated the stock with a hold rating, seven have given a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average target price of $200.22.

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.

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