Dycom Industries, Inc. (NYSE:DY – Free Report) – Research analysts at Zacks Research raised their FY2025 earnings estimates for shares of Dycom Industries in a research report issued on Wednesday, December 11th. Zacks Research analyst A. Gupta now anticipates that the construction company will post earnings of $8.12 per share for the year, up from their previous forecast of $8.09. The consensus estimate for Dycom Industries’ current full-year earnings is $8.13 per share. Zacks Research also issued estimates for Dycom Industries’ Q4 2025 earnings at $0.86 EPS, Q1 2026 earnings at $1.66 EPS, Q2 2026 earnings at $2.81 EPS, Q4 2026 earnings at $1.72 EPS and FY2027 earnings at $10.23 EPS.
A number of other equities research analysts have also commented on DY. Wells Fargo & Company raised their price objective on Dycom Industries from $200.00 to $215.00 and gave the stock an “overweight” rating in a research report on Friday, November 15th. B. Riley boosted their price objective on shares of Dycom Industries from $205.00 to $208.00 and gave the company a “buy” rating in a research report on Thursday, August 22nd. KeyCorp upped their price objective on shares of Dycom Industries from $200.00 to $227.00 and gave the company an “overweight” rating in a research note on Tuesday, October 8th. Bank of America lifted their target price on shares of Dycom Industries from $198.00 to $204.00 and gave the company a “buy” rating in a research note on Friday, August 23rd. Finally, DA Davidson reaffirmed a “buy” rating and issued a $210.00 price target on shares of Dycom Industries in a research note on Tuesday, November 19th. One equities research analyst has rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of $206.13.
Dycom Industries Stock Performance
Shares of DY stock opened at $179.48 on Friday. The company has a market capitalization of $5.24 billion, a price-to-earnings ratio of 23.62, a P/E/G ratio of 1.45 and a beta of 1.41. Dycom Industries has a 1-year low of $107.53 and a 1-year high of $207.20. The company has a current ratio of 3.12, a quick ratio of 2.93 and a debt-to-equity ratio of 0.89. The stock’s fifty day simple moving average is $186.75 and its 200-day simple moving average is $181.92.
Hedge Funds Weigh In On Dycom Industries
Hedge funds have recently bought and sold shares of the business. Franklin Resources Inc. boosted its stake in shares of Dycom Industries by 17.7% during the 3rd quarter. Franklin Resources Inc. now owns 154,814 shares of the construction company’s stock worth $29,237,000 after acquiring an additional 23,270 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in Dycom Industries in the 3rd quarter worth approximately $100,000. Anchor Investment Management LLC boosted its position in Dycom Industries by 37.6% during the third quarter. Anchor Investment Management LLC now owns 267 shares of the construction company’s stock worth $53,000 after purchasing an additional 73 shares during the period. SOA Wealth Advisors LLC. acquired a new position in Dycom Industries during the third quarter valued at approximately $39,000. Finally, Westside Investment Management Inc. bought a new position in shares of Dycom Industries in the third quarter valued at approximately $41,000. 98.33% of the stock is owned by institutional investors and hedge funds.
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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