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Dycom Industries Inc (DY)



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Upturn Advisory Summary
09/17/2025: DY (4-star) is currently NOT-A-BUY. Pass it for now.
1 Year Target Price $297.89
1 Year Target Price $297.89
8 | Strong Buy |
1 | Buy |
0 | Hold |
0 | Sell |
0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 83.39% | Avg. Invested days 65 | Today’s Advisory PASS |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
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Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 7.33B USD | Price to earnings Ratio 28.4 | 1Y Target Price 297.89 |
Price to earnings Ratio 28.4 | 1Y Target Price 297.89 | ||
Volume (30-day avg) 9 | Beta 1.18 | 52 Weeks Range 131.37 - 285.64 | Updated Date 09/17/2025 |
52 Weeks Range 131.37 - 285.64 | Updated Date 09/17/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 8.91 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date 2025-08-20 | When Before Market | Estimate 2.92 | Actual 3.33 |
Profitability
Profit Margin 5.23% | Operating Margin (TTM) 10.15% |
Management Effectiveness
Return on Assets (TTM) 8.02% | Return on Equity (TTM) 20.65% |
Valuation
Trailing PE 28.4 | Forward PE 26.25 | Enterprise Value 8446093881 | Price to Sales(TTM) 1.47 |
Enterprise Value 8446093881 | Price to Sales(TTM) 1.47 | ||
Enterprise Value to Revenue 1.69 | Enterprise Value to EBITDA 13.31 | Shares Outstanding 28954100 | Shares Floating 24128031 |
Shares Outstanding 28954100 | Shares Floating 24128031 | ||
Percent Insiders 3.78 | Percent Institutions 96.26 |
Upturn AI SWOT
Dycom Industries Inc

Company Overview
History and Background
Dycom Industries, Inc. was founded in 1969. It is a leading provider of specialty contracting services to the telecommunications and infrastructure industries. Over the years, it has grown through strategic acquisitions and organic expansion, focusing on infrastructure development.
Core Business Areas
- Telecommunications Infrastructure Services: Dycom's primary business is providing engineering, construction, maintenance, and installation services for telecommunications infrastructure, including fiber optic, copper, and wireless networks.
Leadership and Structure
Dycom's leadership team includes Steven E. Nielsen (Chairman, President & CEO). The organizational structure is based on geographic regions and functional departments.
Top Products and Market Share
Key Offerings
- Construction Services: Builds and installs telecommunications infrastructure. Competitors include MasTec, Quanta Services.
- Engineering Services: Provides design, planning, and permitting for infrastructure projects. Competitors include Black & Veatch, Quanta Services.
- Maintenance Services: Offers ongoing maintenance and repair of existing networks. Competitors include MasTec, Quanta Services.
Market Dynamics
Industry Overview
The telecommunications infrastructure industry is experiencing growth driven by increased demand for broadband, 5G, and fiber optic networks.
Positioning
Dycom is a major player in the industry, with a strong reputation and extensive experience in infrastructure development. Their competitive advantage lies in its scale, expertise, and established relationships with major telecom providers.
Total Addressable Market (TAM)
Estimated TAM is >$100 billion annually. Dycom is positioned to capture a significant portion of this market through infrastructure builds.
Upturn SWOT Analysis
Strengths
- Leading market position
- Strong relationships with major telecom providers
- Extensive experience in infrastructure development
- Skilled workforce
- Strong balance sheet
Weaknesses
- Dependence on telecom spending
- Exposure to project delays and cancellations
- Highly competitive industry
- Project Execution Risks
Opportunities
- Expansion of 5G networks
- Increased demand for broadband
- Government infrastructure spending
- Strategic acquisitions
- Expansion into adjacent markets (e.g., utilities)
Threats
- Economic downturn
- Changes in telecom regulations
- Increased competition
- Labor shortages
- Rising material costs
Competitors and Market Share
Key Competitors
- MTZ
- PWR
- PRIM
Competitive Landscape
Dycom is a leader in the industry. Its advantages include scale, expertise, and strong customer relationships. Disadvantages include dependence on telecom spending and exposure to project delays.
Major Acquisitions
Cable Construction LLC
- Year: 2017
- Acquisition Price (USD millions): 261
- Strategic Rationale: Expanded Dycom's geographic reach and service capabilities.
Growth Trajectory and Initiatives
Historical Growth: Dycom has experienced steady growth over the past decade, driven by increasing demand for telecommunications infrastructure.
Future Projections: Analysts project continued revenue and earnings growth for Dycom, driven by 5G deployment and infrastructure spending.
Recent Initiatives: Dycom has focused on expanding its service offerings, investing in technology, and pursuing strategic acquisitions.
Summary
Dycom is a major player in the telecom infrastructure sector, benefiting from increased demand. Its strong relationships and scale are advantages, but dependence on telecom spending and competition are risks. Recent financial performance and projections are positive, suggesting continued growth. The company's strategic acquisitions further enhance its market position.
Peer Comparison
Sources and Disclaimers
Data Sources:
- SEC Filings
- Company Investor Relations
- Market Research Reports
- Analyst Reports
Disclaimers:
This analysis is based on publicly available information and is for informational purposes only. It does not constitute financial advice. Market share data is estimated and may vary.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Dycom Industries Inc
Exchange NYSE | Headquaters Palm Beach Gardens, FL, United States | ||
IPO Launch date 1990-09-24 | CEO, President & Director Mr. Daniel S. Peyovich | ||
Sector Industrials | Industry Engineering & Construction | Full time employees 15623 | Website https://www.dycomind.com |
Full time employees 15623 | Website https://www.dycomind.com |
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; placement of cables, related structures, and drop lines for telephone companies and cable multiple system operators; program and project management, and inspection personnel; and wireless networks in connection with the deployment of macro cell and new small cell sites. It also provides construction, maintenance, and installation services, such as placement and splicing of copper, fiber, and coaxial cables; 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; underground facility locating services, including locating telephone, cable television, power, water, sewer, and gas lines for utility companies; installation and maintenance of customer premise equipment, including digital video recorders, set top boxes, and modems for cable system operators; and construction and maintenance services for electric and gas utilities, and other customers. Dycom Industries, Inc. was incorporated in 1969 and is based in Palm Beach Gardens, Florida.

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