Dycom Industries (NYSE:DY – Get Free Report) issued its earnings results on Wednesday. The construction company reported $1.11 earnings per share for the quarter, beating the consensus estimate of $0.91 by $0.20, Zacks reports. Dycom Industries had a net margin of 4.91% and a return on equity of 20.99%. Dycom Industries updated its FY 2026 guidance to EPS and its Q1 2026 guidance to 1.500-1.730 EPS.
Dycom Industries Stock Performance
NYSE DY traded down $8.98 during trading hours on Wednesday, hitting $162.96. 492,653 shares of the company’s stock traded hands, compared to its average volume of 427,356. The business’s fifty day moving average price is $181.97 and its two-hundred day moving average price is $184.38. The firm has a market capitalization of $4.75 billion, a P/E ratio of 21.36, a P/E/G ratio of 1.29 and a beta of 1.42. The company has a current ratio of 3.12, a quick ratio of 2.93 and a debt-to-equity ratio of 0.89. Dycom Industries has a 52 week low of $118.00 and a 52 week high of $207.20.
Analyst Ratings Changes
DY has been the subject of a number of research analyst reports. Wells Fargo & Company boosted their target price on shares of Dycom Industries from $200.00 to $215.00 and gave the stock an “overweight” rating in a research note on Friday, November 15th. DA Davidson reiterated a “buy” rating and issued a $210.00 price target on shares of Dycom Industries in a research note on Tuesday, November 19th. KeyCorp increased their price target on shares of Dycom Industries from $227.00 to $229.00 and gave the company an “overweight” rating in a research note on Wednesday, January 8th. Finally, Raymond James increased their price objective on Dycom Industries from $210.00 to $215.00 and gave the stock a “strong-buy” rating in a research report on Tuesday, February 4th. One analyst has rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of $208.88.
Insider Transactions at Dycom Industries
In other news, Director Jennifer M. Fritzsche sold 430 shares of the firm’s stock in a transaction dated 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 owns 8,873 shares in the company, valued at approximately $1,536,005.03. This trade represents a 4.62 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Peter T. Pruitt, Jr. sold 2,900 shares of the company’s stock in a transaction dated Friday, January 10th. The stock was sold at an average price of $175.08, for a total transaction of $507,732.00. Following the completion of the transaction, the director now owns 14,533 shares in the company, valued at approximately $2,544,437.64. The trade was a 16.64 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 4.28% of the company’s stock.
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.
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