For most investors, how much a stock's price changes over time is important. Not only can it impact your investment portfolio, but it can also help you compare investment results across sectors and industries.
Another thing that can drive investing is the fear of missing out, or FOMO. This particularly applies to tech giants and popular consumer-facing stocks.
What if you'd invested in Dycom Industries (DY) ten years ago? It may not have been easy to hold on to DY for all that time, but if you did, how much would your investment be worth today?
Dycom Industries' Business In-Depth
With that in mind, let's take a look at Dycom Industries' main business drivers.
Based in North America, Dycom Industries Inc. is a specialty contracting firm operating in the telecom industry. The company provides diverse services such as engineering, construction, maintenance and installation services for the cable and telephone companies. Dycom provides specialty constructing services to the following customers:
Telecommunications (contributing 90.4% to fiscal 2025 contract revenues): Dycom provides integrated services for designing aerial, underground and buried fiber optic, copper, and coaxial cable systems for telecom, cable and multiple system operators. It also equips telecom providers with engineering services for designing concept boxes and terminals for various activities. For the wireless network, the company’s service package comprises tower construction, installation of lines and antenna, constructing foundation and equipment pad, fabrication for required equipment and materials as well as testing services at the site.
Underground Facility Locating (6.7%): The company provides underground facility-locating services to a number of utility companies to avoid damage of the underground facilities like telephone, cable television, power, water, sewer and gas lines. Dycom’s expertise in these not only minimizes the damage but also controls its impact on people in the surrounding areas.
Electric and Gas Utilities (2.9%): Dycom also offers services to electric and gas utility companies for both construction and maintenance of gas pipelines and power distribution network. These services are generally provided on a stand-alone basis. However, at times the company is required to provide comprehensive services for deploying both telecom and electric infrastructure at new constructions. Dycom is also adept in installation and maintenance of natural gas transmission networks.
Bottom Line
Anyone can invest, but building a successful investment portfolio requires research, patience, and a little bit of risk. So, if you had invested in Dycom Industries, ten years ago, you're likely feeling pretty good about your investment today.
According to our calculations, a $1000 investment made in July 2015 would be worth $3,657.23, or a gain of 265.72%, as of July 16, 2025, and this return excludes dividends but includes price increases.
In comparison, the S&P 500's gained 196.28% and the price of gold went up 179.46% over the same time frame.
Analysts are forecasting more upside for DY too.
Shares of Dycom have outperformed its industry in the past six months. The company is benefiting from the execution of fiber-to-the-home programs, maintenance and operations services, and contributions from fiber infrastructure projects for hyperscalers. Strong growth in the telecom business, focus on strategic acquisitions and continuous contract flow is also encouraging. Owing to the favorable demand outlook and the upbeat fiscal first-quarter results, Dycom raised its revenue outlook for fiscal 2026. Although customer concentration and tariff-related uncertainties may pose risks to project costs and planning, the tailwinds mentioned are expected to counter the risks to a great extent. Earnings estimates for fiscal 2026 have increased in the past 30 days, depicting analysts' optimism.
The stock has jumped 8.11% over the past four weeks. Additionally, no earnings estimate has gone lower in the past two months, compared to 5 higher, for fiscal 2025; the consensus estimate has moved up as well.
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Dycom Industries, Inc. (DY): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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