Dycom Industries (NYSE:DY – Get Free Report) issued an update on its first quarter 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 1.500-1.730 for the period, compared to the consensus earnings per share estimate of 1.860. The company issued revenue guidance of $1.2 billion-$1.2 billion, compared to the consensus revenue estimate of $1.3 billion. Dycom Industries also updated its FY 2026 guidance to EPS.
Analyst Ratings Changes
A number of equities analysts have recently issued reports on the company. Wells Fargo & Company increased their price target on Dycom Industries from $200.00 to $215.00 and gave the stock an “overweight” rating in a research report on Friday, November 15th. DA Davidson reissued a “buy” rating and set a $210.00 target price on shares of Dycom Industries in a research report on Tuesday, November 19th. 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. Finally, Raymond James lifted their price objective on shares of Dycom Industries from $210.00 to $215.00 and gave the company a “strong-buy” rating in a report on Tuesday, February 4th. One investment analyst has rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $208.88.
View Our Latest Stock Report on Dycom Industries
Dycom Industries Stock Down 6.0 %
Dycom Industries (NYSE:DY – Get Free Report) last announced its quarterly earnings data on Wednesday, February 26th. The construction company reported $1.11 EPS for the quarter, beating the consensus estimate of $0.91 by $0.20. Dycom Industries had a net margin of 4.91% and a return on equity of 20.99%. Equities research analysts anticipate that Dycom Industries will post 7.13 earnings per share for the current year.
Insiders Place Their Bets
In other Dycom Industries news, Director Jennifer M. Fritzsche sold 430 shares of the firm’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 transaction of $74,437.30. Following the completion of the transaction, the director now directly owns 8,873 shares of the company’s stock, valued at approximately $1,536,005.03. This trade represents a 4.62 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed 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 transaction of $507,732.00. Following the completion of the sale, the director now directly owns 14,533 shares in the company, valued at $2,544,437.64. This trade represents a 16.64 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 4.28% of the stock is currently owned by insiders.
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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