Dycom Industries (NYSE:DY) Issues Q4 2026 Earnings Guidance

Dycom Industries (NYSE:DY) issued an update on its fourth quarter 2026 earnings guidance on Wednesday morning. The company provided EPS guidance of 1.620-1.970 for the period, compared to the consensus EPS estimate of 1.530. The company issued revenue guidance of $1.3 billion-$1.3 billion, compared to the consensus revenue estimate of $1.3 billion. Dycom Industries also updated its FY 2026 guidance to EPS.

Analysts Set New Price Targets

A number of research firms have recently commented on DY. Zacks Research upgraded Dycom Industries from a “hold” rating to a “strong-buy” rating in a report on Wednesday, October 15th. Wall Street Zen lowered shares of Dycom Industries from a “strong-buy” rating to a “buy” rating in a research note on Saturday. Weiss Ratings reissued a “buy (b)” rating on shares of Dycom Industries in a report on Wednesday, October 8th. Raymond James Financial boosted their price objective on shares of Dycom Industries from $290.00 to $300.00 and gave the stock a “strong-buy” rating in a research report on Thursday, August 21st. Finally, JPMorgan Chase & Co. increased their target price on shares of Dycom Industries from $250.00 to $275.00 and gave the company an “overweight” rating in a research report on Thursday, August 21st. Two equities research analysts have rated the stock with a Strong Buy rating and eight have assigned a Buy rating to the stock. Based on data from MarketBeat.com, Dycom Industries currently has a consensus rating of “Buy” and an average target price of $302.63.

Dycom Industries Price Performance

Shares of NYSE DY opened at $295.98 on Wednesday. The stock has a market cap of $8.57 billion, a P/E ratio of 33.26, a P/E/G ratio of 1.38 and a beta of 1.23. Dycom Industries has a twelve month low of $131.37 and a twelve month high of $301.88. The stock has a 50 day moving average of $284.12 and a two-hundred day moving average of $256.92. The company has a current ratio of 3.16, a quick ratio of 2.96 and a debt-to-equity ratio of 0.74.

Dycom Industries (NYSE:DY) last announced its earnings results on Wednesday, August 20th. The construction company reported $3.33 EPS for the quarter, beating analysts’ consensus estimates of $2.92 by $0.41. The business had revenue of $1.38 billion for the quarter, compared to analysts’ expectations of $1.41 billion. Dycom Industries had a net margin of 5.23% and a return on equity of 21.17%. The company’s quarterly revenue was up 14.5% on a year-over-year basis. During the same period in the previous year, the company posted $2.46 EPS. On average, research analysts forecast that Dycom Industries will post 7.13 earnings per share for the current year.

Institutional Trading of Dycom Industries

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Jones Financial Companies Lllp increased its holdings in shares of Dycom Industries by 4,626.1% in the first quarter. Jones Financial Companies Lllp now owns 2,174 shares of the construction company’s stock valued at $331,000 after purchasing an additional 2,128 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in Dycom Industries by 7.7% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 69,726 shares of the construction company’s stock valued at $10,622,000 after buying an additional 4,985 shares during the last quarter. Invesco Ltd. increased its stake in Dycom Industries by 7.0% in the 2nd quarter. Invesco Ltd. now owns 227,127 shares of the construction company’s stock valued at $55,508,000 after buying an additional 14,891 shares during the period. EverSource Wealth Advisors LLC raised its position in Dycom Industries by 73.1% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 161 shares of the construction company’s stock worth $39,000 after buying an additional 68 shares during the last quarter. Finally, Cerity Partners LLC lifted its stake in shares of Dycom Industries by 8.9% in the 2nd quarter. Cerity Partners LLC now owns 2,239 shares of the construction company’s stock worth $547,000 after acquiring an additional 183 shares during the period. 98.33% of the stock is owned by hedge funds and other institutional investors.

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.