Zacks Research Analysts Boost Earnings Estimates for DY

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) - Research analysts at Zacks Research upped their Q3 2026 earnings per share estimates for Dycom Industries in a research note issued on Wednesday, September 10th. Zacks Research analyst Team now anticipates that the construction company will earn $3.11 per share for the quarter, up from their prior estimate of $3.01. Zacks Research currently 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 research firms also recently commented on DY. KeyCorp raised their price objective on Dycom Industries from $255.00 to $295.00 and gave the stock an "overweight" rating in a research note on Wednesday, July 16th. UBS Group increased their target price on Dycom Industries from $288.00 to $296.00 and gave the stock a "buy" rating in a research report on Thursday, August 21st. Wells Fargo & Company increased their target price on Dycom Industries from $250.00 to $295.00 and gave the stock an "overweight" rating in a research report on Monday, August 18th. DA Davidson increased their target price on Dycom Industries from $265.00 to $300.00 and gave the stock a "buy" rating in a research report on Thursday, August 21st. Finally, JPMorgan Chase & Co. increased their target price on Dycom Industries from $250.00 to $275.00 and gave the stock an "overweight" 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.com, Dycom Industries has an average rating of "Buy" and an average price target of $289.43.

Dycom Industries Stock Performance

Shares of NYSE DY traded up $13.29 during trading on Friday, hitting $266.37. The company had a trading volume of 233,944 shares, compared to its average volume of 434,600. The stock has a 50 day simple moving average of $260.30 and a 200 day simple moving average of $214.11. The company has a debt-to-equity ratio of 0.74, a quick ratio of 2.96 and a current ratio of 3.16. Dycom Industries has a 12 month low of $131.37 and a 12 month high of $285.64. The firm has a market capitalization of $7.71 billion, a P/E ratio of 30.05, a price-to-earnings-growth ratio of 1.23 and a beta of 1.18.

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

Hedge Funds Weigh In On Dycom Industries

A number of large investors have recently bought and sold shares of the business. Versant Capital Management Inc bought a new stake in Dycom Industries during the 1st quarter valued at $28,000. Twin Peaks Wealth Advisors LLC purchased a new stake in shares of Dycom Industries in the second quarter worth about $32,000. AlphaQuest LLC purchased a new stake in shares of Dycom Industries in the first quarter worth about $37,000. EverSource Wealth Advisors LLC boosted its position in Dycom Industries by 73.1% during the second quarter. EverSource Wealth Advisors LLC now owns 161 shares of the construction company's stock worth $39,000 after purchasing an additional 68 shares in the last quarter. Finally, Federated Hermes Inc. raised its holdings in shares of Dycom Industries by 27.1% during the first quarter. Federated Hermes Inc. now owns 492 shares of the construction company's stock valued at $75,000 after acquiring an additional 105 shares during the last quarter. Hedge funds and other institutional investors own 98.33% of the company's stock.

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.