Why Is Dycom Industries (DY) Down 4.9% Since Last Earnings Report?

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]