Dycom Industries, Inc. (NYSE:DY) Given Average Rating of "Buy" by Analysts

Key Points

• Analysts consensus: Buy — 13 brokerages cover Dycom (11 buy, 1 strong buy, 1 hold) with an average 1‑year price target of $431.64, and several firms have raised targets up to $485 (B. Riley) and $482 (KeyCorp).
• Quarterly beat and strong growth — Dycom reported Q4 EPS of $2.03 vs. $1.91 expected and revenue of $1.46B vs. $1.34B expected, a 34.4% year‑over‑year revenue increase, and set Q1 2027 guidance of $2.57–$2.90 (analysts see FY EPS ~12.88).
• Shares trade with a market cap of $12.35B and a P/E of 42.84, a 1‑year range of $162.30–$445.52, and the stock is approximately 98.33% institutionally owned.

Shares of Dycom Industries, Inc. (NYSE:DY - Get Free Report) have been assigned a consensus rating of "Buy" from the thirteen brokerages that are currently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a hold recommendation, eleven have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year price objective among brokers that have covered the stock in the last year is $431.6364.

Several brokerages have commented on DY. UBS Group set a $475.00 price target on shares of Dycom Industries and gave the company a "buy" rating in a research note on Friday, March 6th. Wall Street Zen lowered shares of Dycom Industries from a "strong-buy" rating to a "buy" rating in a research note on Saturday, March 7th. B. Riley Financial raised their price objective on shares of Dycom Industries from $420.00 to $485.00 and gave the company a "buy" rating in a research note on Thursday, March 5th. KeyCorp raised their price objective on shares of Dycom Industries from $426.00 to $482.00 and gave the company an "overweight" rating in a research note on Thursday, March 5th. Finally, Weiss Ratings reiterated a "buy (b)" rating on shares of Dycom Industries in a research note on Wednesday, January 21st.

Institutional Trading of Dycom Industries

A number of large investors have recently added to or reduced their stakes in the business. Sound Income Strategies LLC acquired a new position in Dycom Industries in the 4th quarter worth approximately $32,000. Root Financial Partners LLC acquired a new position in Dycom Industries in the 3rd quarter worth approximately $26,000. Kemnay Advisory Services Inc. acquired a new position in Dycom Industries in the 4th quarter worth approximately $30,000. Acumen Wealth Advisors LLC acquired a new position in Dycom Industries in the 4th quarter worth approximately $35,000. Finally, Optiver Holding B.V. boosted its stake in Dycom Industries by 57.1% in the 3rd quarter. Optiver Holding B.V. now owns 110 shares of the construction company's stock worth $32,000 after purchasing an additional 40 shares during the period. 98.33% of the stock is currently owned by institutional investors.

Dycom Industries Stock Performance

NYSE:DY opened at $411.31 on Friday. The company has a debt-to-equity ratio of 1.51, a current ratio of 2.74 and a quick ratio of 2.61. Dycom Industries has a 1-year low of $162.30 and a 1-year high of $445.52. The firm has a 50-day moving average of $381.34 and a two-hundred day moving average of $352.25. The stock has a market cap of $12.35 billion, a P/E ratio of 42.84, a PEG ratio of 0.95 and a beta of 1.38.

Dycom Industries (NYSE:DY - Get Free Report) last issued its earnings results on Wednesday, March 4th. The construction company reported $2.03 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.91 by $0.12. Dycom Industries had a net margin of 5.07% and a return on equity of 21.77%. The firm had revenue of $1.46 billion for the quarter, compared to analysts' expectations of $1.34 billion. During the same quarter last year, the company posted $1.17 earnings per share. Dycom Industries's revenue was up 34.4% on a year-over-year basis. Dycom Industries has set its Q1 2027 guidance at 2.570-2.90 EPS. On average, research analysts expect that Dycom Industries will post 12.88 earnings per share for the current fiscal year.

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.

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