Dycom Industries (NYSE:DY) Shares Down 5.1% – Time to Sell?

Dycom Industries, Inc. (NYSE:DY)’s share price dropped 5.1% during mid-day trading on Wednesday . The company traded as low as $382.79 and last traded at $382.91. Approximately 316,825 shares were traded during trading, a decline of 13% from the average daily volume of 364,197 shares. The stock had previously closed at $403.49.

Dycom Industries News Summary

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

• Positive Sentiment: Q4 beat on both top and bottom lines — EPS $2.03 and revenue $1.46B, beating analyst expectations and showing strong year-over-year growth. Dycom Industries (DY) Q4 Earnings and Revenues Surpass Estimates
• Positive Sentiment: Record backlog and strategic execution — company reported a record ~$9.54B backlog, strong free cash flow and completed the Power Solutions acquisition to accelerate entry into the high-growth data-center market. Dycom Industries, Inc. Reports Fiscal 2026 Fourth Quarter and Annual Results and Provides Fiscal 2027 Outlook
• Positive Sentiment: Data-center demand cited as a growing end-market opportunity that could drive higher-margin work going forward. Dycom Stock Gains. Data Center Demand Is ‘Off the Charts.’
• Neutral Sentiment: Guidance is mixed — Q1 FY2027 EPS guide of $2.57–2.90 (consensus ~2.67) and FY2027 revenue guide $6.9B–$7.2B (roughly in line with consensus) leaves room for interpretation: midpoint implies modest upside but the low end is below expectations. View Press Release
• Neutral Sentiment: BEAD program and broadband-related ramps present sizable addressable markets but timing and margin mix remain execution-sensitive. Dycom Industries earnings loom with BEAD program ramp in view
• Negative Sentiment: Market reaction: shares fell despite the beat — likely a combination of guidance nuance (range vs. consensus), high valuation (PE ~38x) and profit-taking after recent gains, leading investors to trim positions. Dycom Industries (DY) Stock Drops Despite Record Backlog and 34% Q4 Revenue Surge

Analysts Set New Price Targets

Several research firms have weighed in on DY. Weiss Ratings reiterated a “buy (b)” rating on shares of Dycom Industries in a research report on Wednesday, January 21st. KeyCorp reaffirmed an “overweight” rating on shares of Dycom Industries in a report on Tuesday, January 27th. Bank of America lifted their target price on Dycom Industries from $365.00 to $475.00 and gave the company a “buy” rating in a research report on Wednesday, February 25th. Wall Street Zen raised Dycom Industries from a “buy” rating to a “strong-buy” rating in a report on Sunday, February 15th. Finally, Vertical Research assumed coverage on Dycom Industries in a research note on Tuesday, December 23rd. They issued a “buy” rating and a $420.00 price objective on the stock. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $406.20.

Dycom Industries Price Performance

The company has a quick ratio of 2.90, a current ratio of 3.09 and a debt-to-equity ratio of 0.62. The firm’s fifty day moving average price is $380.94 and its 200 day moving average price is $325.99. The stock has a market cap of $11.02 billion, a PE ratio of 37.47, a P/E/G ratio of 1.38 and a beta of 1.34.

Dycom Industries (NYSE:DY) last posted its earnings results on Wednesday, March 4th. The construction company reported $2.03 EPS for the quarter, topping analysts’ consensus estimates of $1.66 by $0.37. 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 22.21% and a net margin of 5.75%.The firm’s revenue for the quarter was up 34.4% on a year-over-year basis. During the same period in the previous year, the business earned $1.17 earnings per share. Dycom Industries has set its Q1 2027 guidance at 2.570-2.90 EPS. As a group, equities analysts expect that Dycom Industries, Inc. will post 7.13 EPS for the current fiscal year.

Insider Activity at Dycom Industries

In other Dycom Industries news, Director Eitan Gertel sold 3,645 shares of the company’s stock in a transaction that occurred on Friday, January 9th. The shares were sold at an average price of $345.62, for a total transaction of $1,259,784.90. Following the transaction, the director owned 15,997 shares in the company, valued at approximately $5,528,883.14. This represents a 18.56% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 3.72% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the stock. Jones Financial Companies Lllp boosted its stake in Dycom Industries by 4,626.1% during the first quarter. Jones Financial Companies Lllp now owns 2,174 shares of the construction company’s stock worth $331,000 after buying an additional 2,128 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in Dycom Industries by 7.7% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 69,726 shares of the construction company’s stock worth $10,622,000 after acquiring an additional 4,985 shares in the last quarter. Assetmark Inc. boosted its holdings in Dycom Industries by 5.5% during the 2nd quarter. Assetmark Inc. now owns 1,371 shares of the construction company’s stock valued at $335,000 after acquiring an additional 72 shares during the period. Atria Investments Inc grew its position in Dycom Industries by 55.3% in the 2nd quarter. Atria Investments Inc now owns 8,304 shares of the construction company’s stock valued at $2,029,000 after acquiring an additional 2,956 shares in the last quarter. Finally, Savant Capital LLC purchased a new stake in Dycom Industries during the second quarter worth about $487,000. Institutional investors and hedge funds own 98.33% of the company’s stock.

About Dycom Industries

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.