Here is how Dycom Industries (DY) and United Rentals (URI) have performed compared to their sector so far this year.
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F, DY and FIVE made it to the Zacks Rank #1 (Strong Buy) growth stocks list on July 15th, 2026.
F, DY and FIVE made it to the Zacks Rank #1 (Strong Buy) growth stocks list on July 13th, 2026.
Dycom Industries NYSE: DY Chief Executive Officer Dan Peyovich said the company is seeing broad-based demand across fiber, long-haul networks and data center-related services, arguing that the company's recent backlog growth reflects more than a short-term cyclical upturn.
Dycom Industries, Inc. DY is benefiting from rising fiber infrastructure activity as customers expand fiber-to-the-home networks and invest in long-haul and middle-mile builds. Broader deployment programs across multiple geographies are creating additional work opportunities, while multiyear customer plans provide a favorable backdrop for the Communications segment.
Dycom Industries, Inc. (DY) Discusses Demand Drivers and Growth Prospects in Infrastructure Build Cycles Transcript
Dycom Industries, Inc. DY is currently trading below the Zacks Building Products - Heavy Construction industry, with a forward 12-month price-to-earnings (P/E) ratio of 24.08, but above the broader Zacks Construction sector. The industry's average currently is 25.48, while the sector's valuation is 21.59.
Growth in telecom, data centers and energy to aid EME, MTZ, DY & TPC in the Zacks Building Products - Heavy Construction industry.
Dycom Industries, Inc. DY is strengthening long-term revenue visibility through a growing backlog supported by broad-based demand across communications and digital infrastructure markets. A larger and more diversified project pipeline, combined with longer customer commitments, provides greater confidence in future revenue generation while reinforcing the company's multiyear growth outlook.
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