Dycom Industries (NYSE:DY) Updates Q1 2027 Earnings Guidance

Dycom Industries (NYSE:DY) issued an update on its first quarter 2027 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 2.570-2.90 for the period, compared to the consensus earnings per share estimate of 2.670. The company issued revenue guidance of $1.6 billion-$1.7 billion, compared to the consensus revenue estimate of $1.6 billion. Dycom Industries also updated its FY 2027 guidance to EPS.

Analyst Ratings Changes

Several analysts have commented on the stock. KeyCorp raised their target price on shares of Dycom Industries from $426.00 to $482.00 and gave the stock an “overweight” rating in a report on Thursday. Vertical Research started coverage on shares of Dycom Industries in a report on Tuesday, December 23rd. They set a “buy” rating and a $420.00 price objective on the stock. Zacks Research cut shares of Dycom Industries from a “hold” rating to a “strong sell” rating in a research report on Tuesday, February 17th. Bank of America increased their target price on Dycom Industries from $365.00 to $475.00 and gave the stock a “buy” rating in a report on Wednesday, February 25th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Dycom Industries in a research note on Wednesday, January 21st. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Dycom Industries currently has an average rating of “Moderate Buy” and an average price target of $415.20.

Dycom Industries Stock Performance

Shares of NYSE DY opened at $388.19 on Thursday. The company has a debt-to-equity ratio of 0.62, a quick ratio of 2.90 and a current ratio of 3.09. The stock has a 50 day moving average price of $381.73 and a 200 day moving average price of $326.43. The stock has a market capitalization of $11.24 billion, a PE ratio of 38.21, a price-to-earnings-growth ratio of 1.33 and a beta of 1.34. Dycom Industries has a 52 week low of $131.37 and a 52 week high of $445.52.

Dycom Industries (NYSE:DY) last posted its quarterly earnings results on Wednesday, March 4th. The construction company reported $2.03 earnings per share for the quarter, topping the consensus estimate of $1.66 by $0.37. The firm had revenue of $1.46 billion for the quarter, compared to analyst estimates of $1.34 billion. Dycom Industries had a return on equity of 22.21% and a net margin of 5.75%.The business’s quarterly revenue was up 34.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.17 EPS. Dycom Industries has set its Q1 2027 guidance at 2.570-2.90 EPS. Analysts predict that Dycom Industries will post 7.13 earnings per share for the current fiscal year.

Insider Transactions at Dycom Industries

In other Dycom Industries news, Director Eitan Gertel sold 3,645 shares of the company’s stock in a transaction on Friday, January 9th. The shares were sold at an average price of $345.62, for a total transaction of $1,259,784.90. Following the sale, the director directly owned 15,997 shares of the company’s stock, valued at approximately $5,528,883.14. This represents a 18.56% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Company insiders own 3.72% of the company’s stock.

Key Dycom Industries News

Here are the key news stories impacting Dycom Industries this week:

• Positive Sentiment: Q4 results beat expectations — EPS $2.03 (vs. consensus ~$1.66) and revenue $1.46B, up ~34% year-over-year, demonstrating strong top- and bottom-line momentum. Zacks: Q4 Earnings
• Positive Sentiment: Record backlog ($9.54B) and record free cash flow cited in the results — supports multi-year revenue visibility from existing contracts. Blockonomi: Record Backlog
• Positive Sentiment: Strategic moves into the high-growth data center market (acquisition of Power Solutions) and management commentary highlighted “off the charts” data-center demand — a structural growth opportunity if execution continues. GlobeNewswire: Press Release
• Neutral Sentiment: Guidance is mixed: Q1 FY2027 EPS range of $2.57–$2.90 (consensus ~$2.67) and FY revenue guidance $6.9B–$7.2B — range overlaps Street estimates but leaves room for investor interpretation on near-term cadence and margins. Seeking Alpha: Guidance
• Negative Sentiment: Share-price weakness despite the beat — coverage notes the stock fell after the print, suggesting profit-taking (DY had run up into the report), sensitivity to the low end of the EPS range, or concerns about near-term margin/integration risks. MSN: Stock Reaction
• Negative Sentiment: High valuation and elevated expectations (P/E elevated after the run) make the name sensitive to any guidance nuance or execution slippage. Analysts and traders may reprice on small misses. Yahoo: Earnings Snapshot / Valuation Context

Institutional Investors Weigh In On Dycom Industries

Several hedge funds have recently bought and sold shares of DY. Pacer Advisors Inc. acquired a new position in Dycom Industries during the fourth quarter worth approximately $1,150,000. Axxcess Wealth Management LLC acquired a new stake in shares of Dycom Industries in the fourth quarter valued at approximately $2,332,000. Mercer Global Advisors Inc. ADV boosted its stake in shares of Dycom Industries by 10.8% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 2,769 shares of the construction company’s stock worth $936,000 after acquiring an additional 269 shares during the period. State of Tennessee Department of Treasury increased its holdings in shares of Dycom Industries by 13.7% during the 4th quarter. State of Tennessee Department of Treasury now owns 15,630 shares of the construction company’s stock worth $5,695,000 after acquiring an additional 1,878 shares during the last quarter. Finally, Empowered Funds LLC acquired a new position in shares of Dycom Industries during the 4th quarter worth approximately $371,000. 98.33% of the stock is currently owned by institutional investors and hedge funds.

About Dycom Industries

Dycom Industries, Inc (NYSE: DY) is a leading provider of specialty contracting services to the telecommunications industry in North America. The company delivers engineering, construction, installation and maintenance solutions for communications infrastructure, supporting a broad range of network technologies and system architectures. Dycom’s services span outside plant construction, cable placement, fiber optic deployment, wireless and wireline network engineering, as well as testing and turn-up services for voice, data and video applications.

Dycom’s customer base includes major telecommunications carriers, cable operators, utility companies and competitive local exchange carriers.