Zacks Research Issues Optimistic Estimate for DY Earnings

Key Points

• Zacks Research has increased its Q3 2026 earnings per share (EPS) estimate for Dycom Industries from $3.01 to $3.11, with a current full-year EPS consensus of $7.13.
• Dycom Industries reported $3.33 EPS for its last quarter, exceeding analyst estimates, with a year-over-year revenue increase of 14.5%.
• Several firms have raised their price targets for Dycom Industries, with a consensus price target of approximately $289.43 and an overall "Buy" rating from analysts.

Dycom Industries, Inc. (NYSE:DY - Free Report) - Equities researchers at Zacks Research lifted their Q3 2026 EPS estimates for Dycom Industries in a note issued to investors on Wednesday, September 10th. Zacks Research analyst Team now forecasts that the construction company will post earnings per share of $3.11 for the quarter, up from their previous estimate of $3.01. Zacks Research has a "Hold" rating on the stock. The consensus estimate for Dycom Industries' current full-year earnings is $7.13 per share. Zacks Research also issued estimates for Dycom Industries' Q3 2027 earnings at $3.23 EPS.

Several other analysts also recently issued reports on DY. Wells Fargo & Company upped their price objective on shares of Dycom Industries from $250.00 to $295.00 and gave the stock an "overweight" rating in a report on Monday, August 18th. Raymond James Financial raised their price target on Dycom Industries from $290.00 to $300.00 and gave the company a "strong-buy" rating in a research report on Thursday, August 21st. B. Riley boosted their price objective on Dycom Industries from $200.00 to $265.00 and gave the stock a "buy" rating in a research report on Friday, May 23rd. KeyCorp increased their target price on Dycom Industries from $255.00 to $295.00 and gave the company an "overweight" rating in a research note on Wednesday, July 16th. Finally, DA Davidson lifted their price target on Dycom Industries from $265.00 to $300.00 and gave the stock a "buy" rating in a research report on Thursday, August 21st. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Buy" and an average target price of $289.43.

Dycom Industries Stock Performance

DY traded down $2.34 on Friday, hitting $255.50. The company had a trading volume of 288,231 shares, compared to its average volume of 450,725. The stock has a market cap of $7.40 billion, a price-to-earnings ratio of 28.71, a price-to-earnings-growth ratio of 1.24 and a beta of 1.18. The company has a debt-to-equity ratio of 0.74, a current ratio of 3.16 and a quick ratio of 2.96. The company's fifty day moving average price is $260.23 and its 200 day moving average price is $213.84. Dycom Industries has a 1-year low of $131.37 and a 1-year high of $285.64.

Dycom Industries (NYSE:DY - Get Free Report) last released its quarterly earnings data on Wednesday, August 20th. The construction company reported $3.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.92 by $0.41. Dycom Industries had a net margin of 5.23% and a return on equity of 21.17%. The business had revenue of $1.38 billion during the quarter, compared to analyst estimates of $1.41 billion. During the same quarter in the previous year, the business earned $2.46 EPS. Dycom Industries's quarterly 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.

Hedge Funds Weigh In On Dycom Industries

Hedge funds have recently made changes to their positions in the business. Versant Capital Management Inc bought a new position in shares of Dycom Industries during the 1st quarter worth approximately $28,000. Twin Peaks Wealth Advisors LLC acquired a new position in Dycom Industries during the second quarter worth $32,000. AlphaQuest LLC acquired a new position in Dycom Industries during the first quarter worth $37,000. EverSource Wealth Advisors LLC lifted its holdings in shares of Dycom Industries by 73.1% during the second quarter. EverSource Wealth Advisors LLC now owns 161 shares of the construction company's stock valued at $39,000 after acquiring an additional 68 shares during the period. Finally, Federated Hermes Inc. boosted its stake in shares of 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 in the last quarter. Institutional investors and hedge funds own 98.33% of the company's stock.

Dycom Industries Company Profile

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.