Dycom Industries (NYSE:DY – Get Free Report) updated its first quarter 2026 earnings guidance on Wednesday. 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 Upgrades and Downgrades
A number of research analysts have weighed in on the stock. KeyCorp upped their price objective 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. Wells Fargo & Company boosted their price objective on Dycom Industries from $200.00 to $215.00 and gave the company an “overweight” rating in a research report on Friday, November 15th. DA Davidson reaffirmed a “buy” rating and set a $210.00 target price on shares of Dycom Industries in a research note on Tuesday, November 19th. Finally, Raymond James lifted their price target on shares of Dycom Industries from $210.00 to $215.00 and gave the company a “strong-buy” rating in a research note on Tuesday, February 4th. One analyst has rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of $208.88.
Get Our Latest Research Report on Dycom Industries
Dycom Industries Price Performance
Dycom Industries (NYSE:DY – Get Free Report) last announced its quarterly earnings data on Wednesday, February 26th. The construction company reported $1.11 earnings per share (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%. As a group, equities analysts anticipate that Dycom Industries will post 7.13 earnings per share for the current year.
Insider Activity at Dycom Industries
In other Dycom Industries news, Director Jennifer M. Fritzsche sold 430 shares of the business’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 transaction, the director now directly owns 8,873 shares in the company, valued at $1,536,005.03. The trade was a 4.62 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Peter T. Pruitt, Jr. sold 2,900 shares of the firm’s stock in a transaction that occurred on Friday, January 10th. The stock was sold at an average price of $175.08, for a total transaction of $507,732.00. Following the sale, the director now owns 14,533 shares of the company’s stock, valued at $2,544,437.64. This represents a 16.64 % decrease in their position. The disclosure for this sale can be found here. 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.
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