Dycom Industries, Inc. (DY) Hit a 52 Week High, Can the Run Continue?

Company Performance - Dycom Industries (DY) shares have increased by 9.1% over the past month and reached a new 52-week high of $301.88 [1] - The stock has gained 69.7% since the beginning of the year, outperforming the Zacks Construction sector's 5.1% gain and the Zacks Building Products - Heavy Construction industry's 46% return [1] Earnings and Revenue - Dycom Industries has a strong record of positive earnings surprises, beating the Zacks Consensus Estimate in the last four quarters [2] - In the latest earnings report on August 20, 2025, the company reported EPS of $3.33, exceeding the consensus estimate of $2.86, but missed the revenue estimate by 1.3% [2] - For the current fiscal year, earnings are expected to be $10.01 per share on revenues of $5.31 billion, with a year-over-year change of 10.42% [3] - For the next fiscal year, earnings are projected at $11.05 per share on revenues of $5.69 billion, representing a year-over-year change of 7.28% [3] Valuation Metrics - Dycom Industries has a Value Score of C, a Growth Score of A, and a Momentum Score of F, resulting in a VGM Score of B [6] - The stock trades at 29.5X current fiscal year EPS estimates, above the peer industry average of 27.3X, and at 19.6X trailing cash flow compared to the peer group's average of 16.5X [7] - The PEG ratio stands at 1.41, indicating it is not in the top echelon from a value perspective [7] Zacks Rank - Dycom Industries holds a Zacks Rank of 2 (Buy), supported by a solid earnings estimate revision trend [8] - The company meets the criteria for selection, as it has a Zacks Rank of 1 or 2 and Style Scores of A or B, suggesting potential for future growth [9] Industry Comparison - The Building Products - Heavy Construction industry is in the top 13% of all industries, indicating favorable conditions for both Dycom Industries and its peer, MasTec, Inc. [12] - MasTec, Inc. also has a Zacks Rank of 2 (Buy) and shows strong earnings performance, with expected earnings of $6.32 per share on revenues of $13.98 billion for the current fiscal year [11]