Q3 EPS Forecast for Dycom Industries Lifted by Analyst

Dycom Industries, Inc. (NYSE:DY) – Analysts at Zacks Research raised their Q3 2026 earnings per share (EPS) estimates for shares of Dycom Industries in a research note issued to investors on Wednesday, December 11th. Zacks Research analyst A. Gupta now anticipates that the construction company will post earnings of $3.26 per share for the quarter, up from their prior forecast 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 analysts have also recently weighed in on DY. DA Davidson reaffirmed a “buy” rating and issued a $210.00 price objective on shares of Dycom Industries in a report on Tuesday, November 19th. KeyCorp raised their price target 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 price target on Dycom Industries from $198.00 to $204.00 and gave the company a “buy” rating in a report on Friday, August 23rd. B. Riley increased their price objective on Dycom Industries from $205.00 to $208.00 and gave the stock a “buy” rating in a report on Thursday, August 22nd. Finally, Wells Fargo & Company raised their target price on 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 issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Dycom Industries presently has a consensus rating of “Buy” and a consensus price target of $206.13.

Dycom Industries Price Performance

Shares of NYSE DY opened at $177.05 on Monday. Dycom Industries has a 1-year low of $107.53 and a 1-year high of $207.20. The firm has a market capitalization of $5.17 billion, a PE ratio of 23.29, a P/E/G ratio of 1.45 and a beta of 1.41. The company has a debt-to-equity ratio of 0.89, a current ratio of 3.12 and a quick ratio of 2.93. The business’s fifty day moving average price is $186.53 and its two-hundred day moving average price is $181.93.

Hedge Funds Weigh In On Dycom Industries

A number of institutional investors and hedge funds have recently added to or reduced their stakes in DY. Hsbc Holdings PLC raised its stake in shares of Dycom Industries by 193.7% in the 2nd quarter. Hsbc Holdings PLC now owns 7,819 shares of the construction company’s stock worth $1,317,000 after buying an additional 5,157 shares in the last quarter. Stifel Financial Corp raised its position in Dycom Industries by 46.5% in the third quarter. Stifel Financial Corp now owns 20,232 shares of the construction company’s stock worth $3,988,000 after acquiring an additional 6,418 shares in the last quarter. Whalen Wealth Management Inc. bought a new stake in Dycom Industries in the third quarter worth about $773,000. Creative Planning lifted its holdings in Dycom Industries by 19.2% in the 3rd quarter. Creative Planning now owns 6,560 shares of the construction company’s stock valued at $1,293,000 after acquiring an additional 1,055 shares during the last quarter. Finally, American Century Companies Inc. boosted its position in shares of Dycom Industries by 32.0% during the 2nd quarter. American Century Companies Inc. now owns 17,547 shares of the construction company’s stock valued at $2,961,000 after purchasing an additional 4,255 shares in the last quarter. 98.33% of the stock is owned by 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.