Dycom Industries (NYSE:DY) Given New $485.00 Price Target at B. Riley Financial

Dycom Industries (NYSE:DY) had its target price hoisted by B. Riley Financial from $420.00 to $485.00 in a report issued on Thursday morning,Benzinga reports. B. Riley Financial currently has a buy rating on the construction company’s stock.

Other equities analysts have also recently issued reports about the stock. DA Davidson boosted their price objective on shares of Dycom Industries from $300.00 to $390.00 and gave the company a “buy” rating in a research note on Thursday, November 20th. KeyCorp lifted their target price on shares of Dycom Industries from $426.00 to $482.00 and gave the company 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 target for the company. UBS Group raised their price objective on shares of Dycom Industries from $373.00 to $400.00 and gave the company a “buy” rating in a research report on Monday, January 12th. Finally, Guggenheim began coverage on Dycom Industries in a research report on Thursday, January 22nd. They set a “buy” rating and a $510.00 target price on the stock. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Dycom Industries has an average rating of “Moderate Buy” and an average target price of $423.70.

Dycom Industries Stock Down 4.6%

DY opened at $369.33 on Thursday. The business has a 50 day moving average price of $382.15 and a two-hundred day moving average price of $326.72. The company has a quick ratio of 2.90, a current ratio of 2.74 and a debt-to-equity ratio of 1.51. The company has a market cap of $10.70 billion, a PE ratio of 38.47, a P/E/G ratio of 1.27 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 announced its earnings results on Wednesday, March 4th. The construction company reported $2.03 earnings per share for the quarter, beating the consensus estimate of $1.91 by $0.12. The company had revenue of $1.46 billion for the quarter, compared to the consensus estimate of $1.34 billion. Dycom Industries had a return on equity of 21.77% and a net margin of 5.07%.The company’s revenue was up 34.4% on a year-over-year basis. During the same period last year, the business posted $1.17 EPS. Dycom Industries has set its Q1 2027 guidance at 2.570-2.90 EPS. As a group, research analysts anticipate that Dycom Industries will post 7.13 EPS for the current year.

Insider Transactions at Dycom Industries

In related news, Director Eitan Gertel sold 3,645 shares of Dycom Industries stock in a transaction on Friday, January 9th. The stock was sold at an average price of $345.62, for a total transaction of $1,259,784.90. Following the completion of the transaction, the director directly owned 15,997 shares of the company’s stock, valued at approximately $5,528,883.14. The trade was a 18.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Corporate insiders own 3.72% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Jones Financial Companies Lllp grew its stake in Dycom Industries by 4,626.1% in the 1st quarter. Jones Financial Companies Lllp now owns 2,174 shares of the construction company’s stock valued at $331,000 after acquiring an additional 2,128 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of Dycom Industries by 7.7% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 69,726 shares of the construction company’s stock valued at $10,622,000 after purchasing an additional 4,985 shares during the last quarter. Assetmark Inc. increased its stake in shares of Dycom Industries by 5.5% during the 2nd quarter. Assetmark Inc. now owns 1,371 shares of the construction company’s stock worth $335,000 after purchasing an additional 72 shares in the last quarter. Savant Capital LLC purchased a new position in shares of Dycom Industries during the 2nd quarter worth approximately $487,000. Finally, Penserra Capital Management LLC acquired a new position in shares of Dycom Industries in the second quarter worth $206,000. Institutional investors and hedge funds own 98.33% of the company’s stock.

Key Stories Impacting Dycom Industries

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

• Positive Sentiment: Q4 results beat expectations: GAAP-adjusted EPS $2.03 vs. $1.91 estimate and contract revenue of $1.46B (up ~34% YoY); adjusted EBITDA improved. These upside beats are the primary fundamental driver underpinning the bullish analyst reactions. Dycom Q4 Earnings & Revenues Top, Adjusted EBITDA Up Y/Y
• Positive Sentiment: Record backlog (~$9.54B) and strong free cash flow; completed acquisition of Power Solutions to accelerate entry into the high-growth data-center market — supports multi-year revenue runway. Dycom Reports Fiscal 2026 Fourth Quarter and Annual Results
• Positive Sentiment: Multiple analyst upgrades and price-target raises (KeyCorp, B. Riley, JPMorgan among others) show sell-side conviction on medium-term growth and margin expansion. KeyBanc PT Raised to $482 B. Riley & JPMorgan Coverage
• Neutral Sentiment: Company issued Q1 FY2027 EPS guidance of $2.57–$2.90 and FY2027 revenue guidance $6.9B–$7.2B; guidance includes upside at the top end but a range that leaves room for investor debate on near-term conservatism vs. upside. Dycom FY2027 Outlook (Slide Deck)
• Negative Sentiment: Market reaction: the stock fell on heavy volume despite the beat — suggesting profit-taking and concern that guidance (lower range of Q1) and near-term visibility could underwhelm some investors; high valuation metrics (PE ~36) may amplify selling. Stock Drops Despite Record Backlog

Dycom Industries Company Profile

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.