Dycom Industries (DY)
NYSE:DY
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DY Stock Chart & Stats
$399.45
-$2.39(-1.35%)
At close: 4:00 PM EST
$399.45
-$2.39(-1.35%)
Day’s Range― - ―
52-Week Range$229.97 - $566.47
Previous CloseN/A
Volume57.31K
Average Volume (3M)491.31K
Market Cap
$14.54B
Enterprise Value$17.77B
Total Cash (Recent Filing)$538.83M
Total Debt (Recent Filing)$3.00B
Price to Earnings (P/E)47.0
Beta1.11
Next Earnings
Aug 26, 2026EPS Estimate
4.71Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)10.62
Shares Outstanding30,031,454
10 Day Avg. Volume703,699
30 Day Avg. Volume491,308
Financial Highlights & Ratios
PEG Ratio1.82
Price to Book (P/B)5.69
Price to Sales (P/S)1.91
P/FCF Ratio26.36
Enterprise Value/Market Cap1.22
Enterprise Value/Revenue2.84
Enterprise Value/Gross Profit14.49
Enterprise Value/Ebitda16.63
Forecast
1Y Price Target
$641.11Price Target Upside60.50% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering10
EPS Forecast (FY)16.21
Revenue Forecast (FY)$7.53B
Bulls Say, Bears Say
Bulls Say
Revenue & Margin RecoveryDycom has delivered a multi-year earnings recovery with materially higher operating margins versus 2022. This sustained margin expansion reflects improving project execution and pricing power on network build work, supporting durable profitability even as project mixes shift over time.
Record Backlog And VisibilityAn $11.9B backlog and a 2.2x book-to-bill provide multi-year revenue visibility, anchoring cash flows and capacity planning. This structural backlog supports predictable utilization for fleets and workforce, enabling sustained revenue growth across FTTH, long-haul and data center projects through 2027–2028.
Improving Cash GenerationConsistent positive free cash flow after prior-year weakness demonstrates stronger cash conversion and funding capacity. Solid FCF supports reinvestment, M&A (NTI), share repurchases and debt management, improving financial flexibility over the medium term despite working-capital demands.
Bears Say
Elevated LeverageLeverage has risen materially, reducing financial flexibility and magnifying downside if project margins or customer spending weaken. Higher debt limits capacity for opportunistic investment and raises refinancing and covenant risk during cyclical slowdowns in telecom capex cycles.
Labor & Skilled Workforce ConstraintsPersistent shortages of trained field crews can constrain scaling, raise labor costs, and slow project delivery. Sustained investment in hiring and training is needed; failure to secure skilled labor would pressure margins and delay revenue realization on multi-year build programs.
Exposure To Input Cost InflationFuel and other input-cost inflation directly raise field operating expenses and compress gross margins on unit-priced work. While mitigations exist, persistent inflation would erode project profitability and require ongoing price negotiation or efficiency gains to preserve long-term margins.
Dycom News
DY FAQ
What was Dycom Industries’s price range in the past 12 months?
Dycom Industries lowest stock price was $229.97 and its highest was $566.47 in the past 12 months.
What is Dycom Industries’s market cap?
Dycom Industries’s market cap is $14.54B.
When is Dycom Industries’s upcoming earnings report date?
Dycom Industries’s upcoming earnings report date is Aug 26, 2026 which is in 82 days.
How were Dycom Industries’s earnings last quarter?
Dycom Industries released its earnings results on May 27, 2026. The company reported $4.42 earnings per share for the quarter, beating the consensus estimate of $2.72 by $1.7.
Is Dycom Industries overvalued?
According to Wall Street analysts Dycom Industries’s price is currently Undervalued.
Does Dycom Industries pay dividends?
Dycom Industries does not currently pay dividends.
What is Dycom Industries’s EPS estimate?
Dycom Industries’s EPS estimate is 4.71.
How many shares outstanding does Dycom Industries have?
Dycom Industries has 30,031,454 shares outstanding.
What happened to Dycom Industries’s price movement after its last earnings report?
Dycom Industries reported an EPS of $4.42 in its last earnings report, beating expectations of $2.72. Following the earnings report the stock price went up 25.843%.
Which hedge fund is a major shareholder of Dycom Industries?
Currently, no hedge funds are holding shares in DY
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Dycom Stock Smart Score
Outperform
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10
Analyst Consensus
Strong Buy
Average Price Target:
$641.11 (60.50% Upside)
$641.11 (60.50% Upside)
Blogger Sentiment
Bullish
DY Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 6.9K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▲ 1.5%
Last 30 Days ▼ 0.5%
Last 30 Days ▼ 0.5%
Technicals
SMA
Positive
20 days / 200 days
Momentum
105.75%
12-Months-Change
Fundamentals
Return on Equity
18.85%
Trailing 12-Months
Asset Growth
99.05%
Trailing 12-Months
Company Description
Dycom Industries
Dycom Industries, Inc. provides specialty contracting services in the United States. The company offers program management and engineering services; plans and designs aerial, underground, and buried fiber optic, copper, and coaxial cable systems; and construction, maintenance, and installation services, such as placement and splicing of fiber, copper, and coaxial cables to telecommunications providers. It also provides tower construction, lines and antenna installation, foundation and equipment pad construction, and small cell site placement for wireless carriers, as well as equipment installation and material fabrication, and site testing services; and installs and maintains customer premise equipment, such as digital video recorders, set top boxes, and modems for cable system operators. In addition, the company offers construction and maintenance services for electric and gas utilities, and other customers; and underground facility locating services, such as locating telephone, cable television, power, water, sewer, and gas lines for various utility companies, including telecommunication providers. Dycom Industries, Inc. was incorporated in 1969 and is headquartered in Palm Beach Gardens, Florida.
DY Company Deck
DY Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed strong operational and financial momentum with robust top-line growth, margin expansion, record backlog, upgraded guidance, strategic M&A, and improved working capital and liquidity. Management acknowledged some near-term risks including cost inflation (notably fuel), reliance on favorable seasonal timing for part of the quarter's outperformance, skilled labor constraints, and the multi-year nature of certain large opportunities. Non-operating tax benefits also contributed to adjusted results. On balance, the positive execution, sizable backlog, upgraded outlook, and strategic acquisition opportunities materially outweigh the highlighted risks.View all DY earnings summariesDY Stock 12 Month Forecast
Average Price Target
$641.11
▲(60.50% Upside)
Technical Analysis
Ownership Overview
1.28% Insiders
15.20% Mutual Funds
27.73% Other Institutional Investors
29.63% Public Companies and Individual Investors