Zacks Research Has Positive Outlook for DY Q3 Earnings

Dycom Industries, Inc. (NYSE:DY) – Equities research analysts at Zacks Research lifted their Q3 2026 EPS estimates for Dycom Industries in a research report issued to clients and investors on Wednesday, December 11th. Zacks Research analyst A. Gupta now expects that the construction company will earn $3.26 per share for the quarter, up from their previous estimate of $2.77. The consensus estimate for Dycom Industries’ current full-year earnings is $8.13 per share. Zacks Research also issued estimates for Dycom Industries’ FY2026 earnings at $9.46 EPS, Q1 2027 earnings at $1.79 EPS, Q2 2027 earnings at $3.04 EPS and Q3 2027 earnings at $3.54 EPS.

A number of other brokerages also recently commented on DY. DA Davidson restated a “buy” rating and issued a $210.00 price objective on shares of Dycom Industries in a research report on Tuesday, November 19th. B. Riley raised 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. Bank of America raised their price objective on shares of Dycom Industries from $198.00 to $204.00 and gave the company a “buy” rating in a research report on Friday, August 23rd. KeyCorp lifted their price target on shares of Dycom Industries from $200.00 to $227.00 and gave the company an “overweight” rating in a research report on Tuesday, October 8th. Finally, Wells Fargo & Company lifted their price target on shares of Dycom Industries from $200.00 to $215.00 and gave the company an “overweight” rating in a research report on Friday, November 15th. One research analyst has rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, Dycom Industries presently has an average rating of “Buy” and an average price target of $206.13.

Dycom Industries Price Performance

Shares of NYSE:DY opened at $179.78 on Monday. The company has a quick ratio of 2.93, a current ratio of 3.12 and a debt-to-equity ratio of 0.89. The company has a market cap of $5.25 billion, a P/E ratio of 23.66, a PEG ratio of 1.45 and a beta of 1.41. Dycom Industries has a 52 week low of $107.53 and a 52 week high of $207.20. The company has a 50-day moving average price of $186.53 and a 200 day moving average price of $181.93.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Hsbc Holdings PLC increased its stake in shares of Dycom Industries by 193.7% during the 2nd quarter. Hsbc Holdings PLC now owns 7,819 shares of the construction company’s stock worth $1,317,000 after purchasing an additional 5,157 shares in the last quarter. Whalen Wealth Management Inc. purchased a new stake in Dycom Industries in the 3rd quarter worth approximately $773,000. Creative Planning grew its stake in Dycom Industries by 19.2% in the 3rd quarter. Creative Planning now owns 6,560 shares of the construction company’s stock worth $1,293,000 after acquiring an additional 1,055 shares during the period. American Century Companies Inc. grew its stake in Dycom Industries by 32.0% in the 2nd quarter. American Century Companies Inc. now owns 17,547 shares of the construction company’s stock worth $2,961,000 after acquiring an additional 4,255 shares during the period. Finally, Advisors Asset Management Inc. grew its stake in Dycom Industries by 19.3% in the 3rd quarter. Advisors Asset Management Inc. now owns 37,911 shares of the construction company’s stock worth $7,472,000 after acquiring an additional 6,128 shares during the period. 98.33% of the stock is owned by hedge funds and other institutional investors.

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.