What is Zacks Research’s Estimate for DY Q2 Earnings?

Dycom Industries, Inc. (NYSE:DY) – Equities research analysts at Zacks Research issued their Q2 2026 earnings per share estimates for Dycom Industries in a research note issued to investors on Wednesday, June 11th. Zacks Research analyst R. Department anticipates that the construction company will earn $2.76 per share for the quarter. The consensus estimate for Dycom Industries’ current full-year earnings is $7.13 per share. Zacks Research also issued estimates for Dycom Industries’ Q3 2026 earnings at $3.01 EPS, Q4 2026 earnings at $1.65 EPS, FY2026 earnings at $9.51 EPS, Q1 2027 earnings at $1.77 EPS, Q2 2027 earnings at $3.02 EPS, Q3 2027 earnings at $3.52 EPS, Q4 2027 earnings at $1.97 EPS, FY2027 earnings at $10.28 EPS, Q1 2028 earnings at $2.02 EPS and FY2028 earnings at $12.06 EPS.

DY has been the subject of a number of other reports. UBS Group raised their price target on Dycom Industries from $234.00 to $258.00 and gave the stock a “buy” rating in a research note on Thursday, May 22nd. Wells Fargo & Company raised their price objective on Dycom Industries from $215.00 to $250.00 and gave the company an “overweight” rating in a research note on Tuesday, May 27th. Raymond James Financial raised their price target on Dycom Industries from $215.00 to $255.00 and gave the company a “strong-buy” rating in a research report on Thursday, May 22nd. KeyCorp dropped their price target on Dycom Industries from $201.00 to $183.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 16th. Finally, DA Davidson upped their price objective on shares of Dycom Industries from $220.00 to $265.00 and gave the company a “buy” rating in a research report on Friday, May 23rd. Eight research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Dycom Industries presently has a consensus rating of “Buy” and a consensus price target of $241.25.

Dycom Industries Price Performance

DY opened at $231.78 on Monday. The stock has a fifty day moving average price of $195.83 and a 200 day moving average price of $180.45. The company has a current ratio of 2.89, a quick ratio of 2.68 and a debt-to-equity ratio of 0.80. Dycom Industries has a 1 year low of $131.37 and a 1 year high of $243.38. The stock has a market cap of $6.70 billion, a price-to-earnings ratio of 29.38, a PEG ratio of 1.33 and a beta of 1.32.

Dycom Industries (NYSE:DY) last issued its earnings results on Wednesday, May 21st. The construction company reported $2.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.62 by $0.47. Dycom Industries had a net margin of 4.81% and a return on equity of 20.04%. The company had revenue of $1.26 billion during the quarter, compared to analyst estimates of $1.19 billion. During the same quarter last year, the business posted $2.12 EPS. The company’s revenue for the quarter was up 10.2% on a year-over-year basis.

Dycom Industries announced that its board has approved a stock buyback plan on Wednesday, February 26th that permits the company to repurchase $150.00 million in shares. This repurchase authorization permits the construction company to purchase up to 3.2% of its shares through open market purchases. Shares repurchase plans are often a sign that the company’s board believes its shares are undervalued.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Millennium Management LLC raised its stake in shares of Dycom Industries by 3.2% in the first quarter. Millennium Management LLC now owns 1,481,394 shares of the construction company’s stock valued at $225,676,000 after acquiring an additional 45,562 shares during the last quarter. Hill City Capital LP increased its holdings in shares of Dycom Industries by 14.1% in the first quarter. Hill City Capital LP now owns 969,784 shares of the construction company’s stock valued at $147,737,000 after purchasing an additional 120,000 shares in the last quarter. Geode Capital Management LLC raised its position in Dycom Industries by 1.3% in the 4th quarter. Geode Capital Management LLC now owns 659,190 shares of the construction company’s stock worth $114,765,000 after purchasing an additional 8,307 shares during the last quarter. First Trust Advisors LP raised its position in Dycom Industries by 142.9% in the 4th quarter. First Trust Advisors LP now owns 496,407 shares of the construction company’s stock worth $86,405,000 after purchasing an additional 292,050 shares during the last quarter. Finally, OVERSEA CHINESE BANKING Corp Ltd lifted its holdings in Dycom Industries by 851.6% during the 1st quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 475,637 shares of the construction company’s stock worth $72,459,000 after buying an additional 425,652 shares in the last quarter. Institutional investors and hedge funds own 98.33% 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.