Dycom Industries (NYSE:DY) Stock Falls 4.3% – What’s Next?

Posted by Geri Gentry on Oct 21st, 2026

Dycom Industries, Inc. (NYSE:DY – Get Free Report)’s share price fell 4.3% during trading on Wednesday. The company traded as low as $239.16 and last traded at $241.1650. 70,570 shares traded hands during mid-day trading, a decline of 86% from the average daily volume of 516,689 shares. The stock had previously closed at $252.00.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on DY. Weiss Ratings downgraded shares of Dycom Industries from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, September 18th. Wall Street Zen upgraded shares of Dycom Industries from a “hold” rating to a “buy” rating in a research note on Saturday, October 10th. JPMorgan Chase & Co. dropped their target price on shares of Dycom Industries from $650.00 to $570.00 and set an “overweight” rating on the stock in a research report on Thursday, August 27th. UBS Group restated a “buy” rating on shares of Dycom Industries in a research note on Thursday, September 17th. Finally, Wells Fargo & Company set a $476.00 price target on shares of Dycom Industries in a report on Thursday, August 27th. Ten equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $502.92.

Get Our Latest Stock Report on DY

Dycom Industries Stock Performance

The company has a quick ratio of 2.24, a current ratio of 2.35 and a debt-to-equity ratio of 1.35. The stock has a market capitalization of $7.23 billion, a PE ratio of 21.83, a PEG ratio of 0.43 and a beta of 1.50. The firm has a 50 day moving average price of $305.84 and a 200-day moving average price of $387.00.

Dycom Industries (NYSE:DY – Get Free Report) last posted its quarterly earnings results on Wednesday, August 26th. The construction company reported $5.29 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.72 by $0.57. Dycom Industries had a net margin of 4.79% and a return on equity of 25.30%. The company had revenue of $2.01 billion during the quarter, compared to analyst estimates of $1.98 billion. During the same period last year, the firm posted $3.33 EPS. Dycom Industries’s revenue for the quarter was up 45.6% compared to the same quarter last year. Dycom Industries has set its Q3 2027 guidance at 4.330-4.790 EPS. Research analysts expect that Dycom Industries, Inc. will post 16.06 EPS for the current fiscal year.

Dycom Industries announced that its board has authorized a share buyback program on Wednesday, August 26th that allows the company to buy back $150.00 million in outstanding shares. This repurchase authorization allows the construction company to repurchase up to 1.4% of its shares through open market purchases. Stock repurchase programs are usually a sign that the company’s board believes its shares are undervalued.

Insider Buying and Selling at Dycom Industries

In related news, Director David Fallon bought 700 shares of the stock in a transaction dated Tuesday, September 1st. The shares were purchased at an average price of $286.92 per share, for a total transaction of $200,844.00. Following the completion of the purchase, the director directly owned 1,043 shares of the company’s stock, valued at $299,257.56. This represents a 204.08% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Carmen M. Sabater bought 350 shares of the company’s stock in a transaction that occurred on Wednesday, September 23rd. The shares were bought at an average cost of $280.62 per share, for a total transaction of $98,217.00. Following the completion of the acquisition, the director owned 7,154 shares of the company’s stock, valued at $2,007,555.48. This trade represents a 5.14% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Company insiders own 1.22% of the company’s stock.

Institutional Investors Weigh In On Dycom Industries

Several hedge funds have recently bought and sold shares of the stock. Legacy Wealth Managment LLC ID increased its holdings in shares of Dycom Industries by 30.4% during the 1st quarter. Legacy Wealth Managment LLC ID now owns 150 shares of the construction company’s stock valued at $51,000 after purchasing an additional 35 shares in the last quarter. Fifth Third Wealth Advisors LLC lifted its stake in shares of Dycom Industries by 4.0% in the 1st quarter. Fifth Third Wealth Advisors LLC now owns 943 shares of the construction company’s stock valued at $320,000 after purchasing an additional 36 shares during the period. Triumph Capital Management boosted its holdings in Dycom Industries by 4.1% during the second quarter. Triumph Capital Management now owns 996 shares of the construction company’s stock worth $504,000 after buying an additional 39 shares in the last quarter. Arizona State Retirement System boosted its holdings in Dycom Industries by 0.5% during the second quarter. Arizona State Retirement System now owns 8,283 shares of the construction company’s stock worth $4,188,000 after buying an additional 44 shares in the last quarter. Finally, Somerset Trust Co grew its position in Dycom Industries by 0.7% during the second quarter. Somerset Trust Co now owns 6,285 shares of the construction company’s stock valued at $3,178,000 after buying an additional 45 shares during the period. Hedge funds and other institutional investors own 98.33% of the company’s stock.

About Dycom Industries

(Get Free Report)

Dycom Industries, Inc is a specialty contracting company that provides infrastructure services to telecommunications providers, utilities, cable and broadband companies, and government agencies. Headquartered in Palm Beach Gardens, Florida, the company operates primarily across the United States.

Its services include engineering, construction, installation, maintenance, and repair of telecommunications infrastructure. Dycom supports the deployment of fiber-optic networks, broadband systems, wireless networks, underground and aerial lines, and other communications facilities.