Dycom Industries (NYSE:DY) Announces Quarterly Earnings Results

Dycom Industries (NYSE:DY) announced its quarterly earnings data on Wednesday. The construction company reported $1.11 earnings per share for the quarter, beating analysts’ consensus estimates of $0.91 by $0.20, Zacks reports. Dycom Industries had a return on equity of 20.99% and a net margin of 4.91%. Dycom Industries updated its FY 2026 guidance to EPS and its Q1 2026 guidance to 1.500-1.730 EPS.

Dycom Industries Stock Up 0.8 %

Shares of DY traded up $1.44 during trading on Wednesday, reaching $173.38. The company’s stock had a trading volume of 342,157 shares, compared to its average volume of 423,702. The company has a market cap of $5.06 billion, a price-to-earnings ratio of 22.97, a P/E/G ratio of 1.29 and a beta of 1.42. The company has a quick ratio of 2.93, a current ratio of 3.12 and a debt-to-equity ratio of 0.89. Dycom Industries has a twelve month low of $118.00 and a twelve month high of $207.20. The company has a fifty day moving average of $181.97 and a two-hundred day moving average of $184.38.

Analysts Set New Price Targets

Several research analysts recently weighed in on the stock. KeyCorp upped their price target on shares of Dycom Industries from $227.00 to $229.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 8th. Wells Fargo & Company upped their target price 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. DA Davidson reaffirmed a “buy” rating and issued a $210.00 target price on shares of Dycom Industries in a research report on Tuesday, November 19th. Finally, Raymond James boosted their price target on shares of Dycom Industries from $210.00 to $215.00 and gave the stock a “strong-buy” rating in a report on Tuesday, February 4th. One investment analyst has rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $208.88.

Insider Activity

In other news, Director Jennifer M. Fritzsche sold 430 shares of the company’s stock in a transaction that occurred on Wednesday, December 18th. The shares were sold at an average price of $173.11, for a total value of $74,437.30. Following the completion of the sale, the director now directly owns 8,873 shares of the company’s stock, valued at approximately $1,536,005.03. This represents a 4.62 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Peter T. Pruitt, Jr. sold 2,900 shares of the company’s stock in a transaction on Friday, January 10th. The shares were sold at an average price of $175.08, for a total value of $507,732.00. Following the sale, the director now directly owns 14,533 shares of the company’s stock, valued at approximately $2,544,437.64. This represents a 16.64 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 4.28% 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.