Dycom Industries (NYSE:DY) Updates Q1 2026 Earnings Guidance

Dycom Industries (NYSE:DY) updated its first quarter 2026 earnings guidance on Wednesday. The company provided EPS guidance of 1.500-1.730 for the period, compared to the consensus EPS 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 Upgrades and Downgrades

Several brokerages recently weighed in on DY. Raymond James boosted their target price on Dycom Industries from $210.00 to $215.00 and gave the stock a “strong-buy” rating in a research note on Tuesday, February 4th. KeyCorp dropped their target price on Dycom Industries from $229.00 to $201.00 and set an “overweight” rating on the stock in a research note on Thursday. DA Davidson restated a “buy” rating and set a $210.00 target price on shares of Dycom Industries in a research note on Tuesday, November 19th. Finally, Wells Fargo & Company boosted their target price on Dycom Industries from $200.00 to $215.00 and gave the stock an “overweight” rating in a research note on Friday, November 15th. One research analyst has rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Dycom Industries has an average rating of “Buy” and an average target price of $205.38.

Dycom Industries Stock Performance

Dycom Industries stock traded down $0.83 during trading hours on Friday, hitting $161.31. 44,079 shares of the stock traded hands, compared to its average volume of 451,240. 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 firm’s 50 day moving average price is $181.83 and its 200-day moving average price is $184.22. The stock has a market capitalization of $4.71 billion, a price-to-earnings ratio of 21.32, a P/E/G ratio of 1.29 and a beta of 1.42. Dycom Industries has a 1 year low of $123.90 and a 1 year high of $207.20.

Dycom Industries announced that its board has authorized a stock buyback plan on Wednesday, February 26th that permits the company to buyback $150.00 million in outstanding shares. This buyback authorization permits the construction company to reacquire up to 3.2% of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s board believes its shares are undervalued.

Insider Buying and Selling at Dycom Industries

In other news, 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 value of $507,732.00. Following the sale, the director now owns 14,533 shares in the company, valued at $2,544,437.64. This represents a 16.64 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Jennifer M. Fritzsche sold 430 shares of the company’s stock in a transaction dated Wednesday, December 18th. The stock was 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 $1,536,005.03. The trade was a 4.62 % decrease in their position. 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.