Core Points - Dycom Industries, Inc. will host a conference call to discuss its fiscal 2026 first quarter results on May 21, 2025, at 9:00 a.m. ET [1] - A press release with the results will be issued earlier that morning [1] Participation Details - Interested parties can register for the question and answer session of the conference call at a provided link, receiving a dial-in number and unique PIN upon registration [2] - Participants are encouraged to join approximately ten minutes before the scheduled start time [2] Access Information - A live listen-only audio webcast of the call, along with a slide presentation, will be available at a specified link [3] - A replay of the live webcast and related materials will be accessible on the Company's Investor Center website for approximately 120 days following the event [3] Company Overview - Dycom Industries, Inc. is a leading provider of specialty contracting services to the telecommunications infrastructure and utility industries in the United States [4] - Services offered include program management, planning, engineering and design, construction, maintenance, and fulfillment services for telecommunications providers [4] - The company also provides underground facility locating services for various utilities, including telecommunications, as well as construction and maintenance services for electric and gas utilities [4]

Group 1 - Specialty contractors like EMCOR Group (EME) and MasTec (MTZ) are benefiting from the Inflation Reduction Act (IRA) and the Infrastructure Investment and Jobs Act (IIJA) [1] - The investment approach is long-term and sometimes contrarian, with a focus on equities investing [1] - The analyst has transitioned from a Tech analyst to covering Commodities and Energy sectors, reflecting the ongoing energy transition [1]

Core Insights - Dycom Industries, Inc. released its Fiscal 2025 Corporate Sustainability Report, emphasizing its role in enhancing America's telecommunications and digital infrastructure while committing to transparency and sustainability [1][2] - The company integrates sustainable practices into its business strategy, aiming to create lasting value for stakeholders and reduce environmental impact [2] Company Overview - Dycom is a leading provider of specialty contracting services for telecommunications infrastructure and utility industries in the United States, offering services such as program management, planning, engineering, construction, and maintenance [3] Sustainability Commitment - The company’s sustainability strategy is fundamental to its operations, focusing on driving efficiencies and helping customers build resilient networks [2] - Dycom's inaugural Corporate Sustainability Report details its strategies, initiatives, and impact towards a more sustainable future [2]

分组1 - Short-term market volatility in 2025 can be mitigated by adopting a longer investment horizon, allowing for potential recovery from near-term losses [1] - Evaluating companies for long-term potential can be simplified by considering Wall Street analysts' price target estimates, which can be averaged to reduce the impact of outlier ratings [2] 分组2 - Dycom Industries Inc. (NYSE: DY) provides contracting services for U.S. telecommunications and utility industries, with a current stock price of $154.41 and a 12-month price forecast of $200.22, indicating a 29.67% upside [4][5] - In Q4 2024, Dycom's contract revenues increased by 13.9% year-over-year to nearly $1.1 billion, with diluted earnings per share (EPS) growing over 40% year-over-year to $1.11 [5][6] - Analysts have initiated coverage on Dycom with an Overweight rating, and the stock's price-to-sales ratio is currently 0.93, suggesting potential value [7][6] 分组3 - Orion Group Holdings Inc. (NYSE: ORN) focuses on industrial construction, with a current stock price of $6.01 and a 12-month price forecast of $12.50, representing a 108.16% upside [8][9] - The company has a $16 billion new business pipeline and a backlog of just under $1 billion, having returned to profitability in Q4 2024 [11] - Orion's stock has fallen approximately 21% year-to-date, but its price-to-sales ratio is now 0.29, making it an attractive value opportunity [12] 分组4 - BlueLinx Holdings Inc. (NYSE: BXC) is expected to face increased materials costs due to tariffs, but its strong U.S. operations and demand for specialized products may mitigate these challenges [14] - The current stock price for BlueLinx is $71.68, with a 12-month price forecast of $122.25, indicating a 70.55% upside [15] - Analysts unanimously rate BlueLinx a Buy, with a consensus price target close to 75% above the current price, highlighting its competitive edge in the niche construction supply chain [16][13]

Dycom Industries, Inc.’s (DY) stock has been trading below its 200-day and 50-day moving averages since the middle of February 2025. On Tuesday, the stock’s closing price of $140.69 was below its 50-day moving average of $165.41 and the 200-day moving average of 178.08.The DY stock has dropped 17.9% so far this year, reflecting pressure from broader market concerns and policy-related uncertainty. This includes potential policy changes under the Trump administration, such as the pause on infrastructure funds ...

Investors in Dycom Industries, Inc. (DY) need to pay close attention to the stock based on moves in the options market lately. That is because the June 20, 2025 $100 Call had some of the highest implied volatility of all equity options today.What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could a ...

Core Viewpoint - Dycom Industries has experienced a decline of approximately 4.9% in share price over the past month, underperforming the S&P 500, raising questions about the potential for a breakout or continued negative trend leading up to the next earnings release [1] Estimates Movement - Estimates for Dycom Industries have trended downward over the past month, indicating a negative shift in expectations [2] VGM Scores - Dycom Industries holds a strong Growth Score of A, but has a lower Momentum Score of D. The stock has a value grade of B, placing it in the second quintile for value investment strategy. The overall aggregate VGM Score is A, which is significant for investors not focused on a single strategy [3] Outlook - The downward trend in estimates suggests a negative outlook for Dycom Industries, although it maintains a Zacks Rank of 2 (Buy), indicating expectations for above-average returns in the coming months [4]

Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. But finding a growth stock that can live up to its true potential can be a tough task.By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss.However, the task of finding cutting-edge growth stocks is made easy w ...

Financial Performance - Revenues for fiscal year ended January 25, 2025, were $4,702,014, an increase of 12.5% from $4,175,574 in fiscal 2024[141]. - Net income for fiscal year 2025 was $233,413, representing a 6.3% increase from $218,923 in fiscal 2024[141]. - Basic earnings per share for fiscal 2025 were $8.02, up from $7.46 in fiscal 2024, reflecting a 7.5% increase[141]. - Total assets at the end of fiscal 2025 were $2,945,367, compared to $2,516,885 at the end of fiscal 2024, marking a 17.0% increase[141]. - Long-term liabilities increased to $1,119,117 in fiscal 2025 from $955,925 in fiscal 2024, a rise of 17.1%[141]. - Contract revenues for fiscal 2025 were $4.702 billion, an increase of 12.5% from $4.176 billion in fiscal 2024[212]. - Contract revenues from acquired businesses were $379.7 million in fiscal 2025, compared to $102.7 million in fiscal 2024[212]. - Costs of earned revenues increased to $3.770 billion, or 80.2% of contract revenues, down from 80.5% in fiscal 2024[215]. - General and administrative expenses rose to $393.0 million, or 8.4% of contract revenues, compared to 7.8% in fiscal 2024[217]. - Depreciation expense was $167.2 million, or 3.6% of contract revenues, up from 3.4% in fiscal 2024[218]. - Interest expense, net increased to $61.0 million in fiscal 2025 from $52.6 million in fiscal 2024[219]. - Net income for fiscal 2025 was $233.4 million, representing 5.0% of contract revenues, compared to 5.2% in fiscal 2024[212]. - The effective income tax rate for fiscal 2025 was 24.2%, down from 25.0% in fiscal 2024[222]. Customer Base and Revenue Sources - The top five customers accounted for approximately 55.4% of total contract revenues in fiscal 2025, down from 66.7% in fiscal 2023, indicating a diversification in customer base[34]. - Approximately 20.1% of total contract revenues in fiscal 2025 came from AT&T Inc., followed by Lumen Technologies Inc. at 12.1%, and Comcast Corporation at 8.5%[34]. - The company derives approximately 55.4% of its total contract revenues from its top five customers in fiscal 2025, down from 57.7% in fiscal 2024 and 66.7% in fiscal 2023[67]. - Multi-year master service agreements represented 79.3% of contract revenues in fiscal 2025, compared to 77.7% in fiscal 2024 and 79.5% in fiscal 2023[153]. Operational Strategy and Workforce - The company employs approximately 15,623 individuals as of January 25, 2025, emphasizing the importance of human capital in its operations[44]. - Dycom's strategy includes pursuing selective acquisitions that provide incremental revenue and geographic diversification, targeting companies with defensible market positions[32]. - The company is positioned to benefit from increased demand for telecommunications bandwidth, driven by advancements in AI data centers and consumer applications[28]. - The company acquired telecommunications construction contractors for a total of $191.2 million in fiscal 2025, expanding its geographic presence and customer base[155][156][157]. - The company is highly dependent on attracting and retaining skilled labor, and any inability to do so could adversely affect productivity and competitive position[82]. Financial Liabilities and Risks - The company has significant accounts receivable and contract assets, which could become uncollectible due to customer financial difficulties[76]. - The company may face significant liabilities if it fails to comply with environmental laws or workplace safety regulations[53][54]. - The company faces significant liabilities due to potential non-compliance with various laws and regulations, which could adversely affect its financial position[98][99][100][101]. - The company retains the risk of loss for certain liabilities, primarily being self-insured for most claims due to deductibles or retention levels[102]. - The company may incur significant liabilities from warranty claims, which could adversely impact its financial results[105]. - The company participates in multiemployer pension plans, which could lead to additional cash contributions if plans become underfunded[106]. - The company retains risk of loss up to $1.0 million for workers' compensation on a per occurrence basis[196]. - The company retained risk of loss up to $1.0 million for the first $5.0 million of automobile and general liability insurance coverage during fiscal 2025[197]. - The company retains risk of loss up to $750,000 per participant for employee group health claims in calendar year 2025[199]. Market Conditions and Economic Factors - The cyclical nature of the industry affects demand, influenced by customer capital expenditure budgets and seasonal spending patterns[38]. - Economic downturns and capital market fluctuations may adversely affect customer spending on the company's services, potentially impacting revenues and liquidity[65]. - Regulatory changes and government funding requirements may constrain customer spending on services, potentially impacting revenues and liquidity[78]. - Uncertainty regarding future government budget decisions could lead to reduced funding for infrastructure programs, affecting the company's reliance on such funding[79]. - Rapid technological changes in the telecommunications industry may influence customer spending on services, potentially reducing revenues[80]. - The demand for broadband services is significantly increasing due to high-speed connection requirements and mobile data usage growth[144]. - Federal and state support for rural broadband deployment programs is at unprecedented levels, providing significant capital for fiber deployment[147]. Operational Challenges - The company’s operations are affected by seasonality and adverse weather conditions, particularly during fiscal quarters ending in January and April[71]. - Dycom's services are significantly impacted by adverse weather conditions, particularly during the fiscal quarters ending in January and April[39]. - Adverse weather conditions and seasonality significantly impact contract revenues, particularly in the fiscal quarters ending in January and April[167]. - The company may experience variations in profitability due to fluctuations in contract revenues, job-specific costs, and other operational factors[168]. - The company actively monitors claims and participates with insurers in determining claims estimates, which can affect operating margins[51]. - The company centralizes certain financial activities to leverage scale and reduce costs while decentralizing transaction recording for operational accountability[31]. Stock and Shareholder Information - The market price of the company's common stock has shown significant volatility, ranging from $111.70 to $202.82 per share during fiscal 2025[91]. - The company repurchased 200,000 shares of common stock at an average price of $179.27, totaling $35.9 million during the fourth quarter of fiscal 2025[136]. - The Board of Directors authorized a new $150 million share repurchase program effective through August 2026, replacing the remaining $55 million from the previous program[137]. - The company has not paid cash dividends since 1982 and intends to retain earnings for business use and capital allocation strategies[134]. Compliance and Regulatory Environment - The company is subject to various federal, state, and local government regulations, which could impact its operations and financial performance[52]. - The company is subject to anti-takeover provisions that could make it more difficult to effect an acquisition or change in control[107].

Dycom Industries Inc. (DY) reported strong results for the fourth quarter of fiscal 2025 (ended Jan. 25). Contract revenues and earnings surpassed their respective Zacks Consensus Estimate and increased on a year-over-year basis.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Shares of the company plunged 5.8% during the trading session but gained 1.9% in the after-hours trading session yesterday.Dycom is positioned for sustained growth, driven by the continued expansion of fiber-to-t ...