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

Key Points

• Dycom Industries is expected to report Q2 2027 results before the market opens on August 26. Analysts forecast EPS of $4.70 and revenue of approximately $1.98 billion, compared with company guidance of $4.40–$4.82 EPS.
• The company’s latest quarter significantly exceeded expectations, with EPS of $4.42 versus the $2.73 consensus and revenue of $1.96 billion. Revenue increased 56.1% year over year.
• Despite shares opening at $415.01—down 4.1%—analysts remain broadly bullish, with an average “Buy” rating and a consensus price target of $554.92; institutional investors own 98.33% of the stock.

Dycom Industries (NYSE:DY - Get Free Report) is anticipated to post its Q2 2027 results before the market opens on Wednesday, August 26th. Analysts expect the company to announce earnings of $4.70 per share and revenue of $1.9805 billion for the quarter. Dycom Industries has set its Q2 2027 guidance at 4.400-4.820 EPS. Interested persons can check the company's upcoming Q2 2027 earning report page for the latest details on the call scheduled for Wednesday, August 26, 2026 at 9:00 AM ET.

Dycom Industries (NYSE:DY - Get Free Report) last released its quarterly earnings data on Wednesday, May 27th. The construction company reported $4.42 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.73 by $1.69. The company had revenue of $1.96 billion for the quarter, compared to analysts' expectations of $1.67 billion. Dycom Industries had a net margin of 4.98% and a return on equity of 24.13%. The business's revenue was up 56.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.09 EPS. On average, analysts expect Dycom Industries to post $15 EPS for the current fiscal year and $19 EPS for the next fiscal year.

Dycom Industries Stock Down 4.1%

Shares of NYSE:DY opened at $415.01 on Wednesday. The firm has a market cap of $12.46 billion, a P/E ratio of 39.49, a PEG ratio of 0.74 and a beta of 1.54. The business's 50 day simple moving average is $435.00 and its two-hundred day simple moving average is $415.20. The company has a debt-to-equity ratio of 1.48, a quick ratio of 2.46 and a current ratio of 2.58. Dycom Industries has a 52-week low of $233.00 and a 52-week high of $566.47.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on DY. Guggenheim raised their price objective on shares of Dycom Industries from $575.00 to $620.00 and gave the company a "buy" rating in a research note on Thursday, May 28th. KeyCorp upped their price objective on Dycom Industries from $482.00 to $610.00 and gave the company an "overweight" rating in a research note on Monday, June 1st. Cantor Fitzgerald raised their price target on shares of Dycom Industries from $436.00 to $654.00 and gave the stock an "overweight" rating in a research note on Friday, May 29th. UBS Group restated a "buy" rating on shares of Dycom Industries in a research note on Friday, July 24th. Finally, JPMorgan Chase & Co. increased their target price on Dycom Industries from $415.00 to $650.00 and gave the stock an "overweight" rating in a research report on Thursday, May 28th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and one has assigned a Hold rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Buy" and a consensus target price of $554.92.

Institutional Trading of Dycom Industries

A number of hedge funds have recently bought and sold shares of DY. Kemnay Advisory Services Inc. bought a new stake in Dycom Industries in the fourth quarter worth $30,000. Acumen Wealth Advisors LLC purchased a new stake in Dycom Industries in the 4th quarter worth approximately $35,000. EverSource Wealth Advisors LLC lifted its stake in Dycom Industries by 73.1% in the second quarter. EverSource Wealth Advisors LLC now owns 161 shares of the construction company's stock worth $39,000 after acquiring an additional 68 shares during the period. IFP Advisors Inc lifted its position in shares of Dycom Industries by 400.0% in the 3rd quarter. IFP Advisors Inc now owns 140 shares of the construction company's stock worth $41,000 after purchasing an additional 112 shares during the period. Finally, Employees Retirement System of Texas purchased a new stake in Dycom Industries in the third quarter worth about $75,000. Institutional investors own 98.33% of the company's stock.

About Dycom Industries

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.

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