Ducommun Incorporated (DCO) Given Average Rating of “Hold” by Analysts
Shares of Ducommun Incorporated (NYSE:DCO) have earned an average recommendation of “Hold” from the nine analysts that are presently covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and four have issued a buy recommendation on the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $37.50.
A number of equities analysts have commented on DCO shares. Zacks Investment Research downgraded shares of Ducommun from a “hold” rating to a “sell” rating in a report on Tuesday, October 3rd. Canaccord Genuity lifted their price objective on shares of Ducommun from $36.00 to $38.00 and gave the stock a “buy” rating in a report on Tuesday, October 31st. Sidoti raised shares of Ducommun from a “neutral” rating to a “buy” rating and set a $37.00 price objective for the company in a report on Monday, November 13th. TheStreet raised shares of Ducommun from a “c” rating to a “b-” rating in a report on Thursday, November 2nd. Finally, ValuEngine downgraded shares of Ducommun from a “buy” rating to a “hold” rating in a report on Friday, November 10th.
In other news, CEO Stephen G. Oswald purchased 10,000 shares of Ducommun stock in a transaction dated Monday, November 6th. The stock was bought at an average price of $27.39 per share, with a total value of $273,900.00. Following the completion of the acquisition, the chief executive officer now owns 65,700 shares in the company, valued at approximately $1,799,523. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Anthony J. Reardon sold 30,000 shares of the business’s stock in a transaction on Tuesday, November 14th. The shares were sold at an average price of $26.04, for a total transaction of $781,200.00. Following the transaction, the director now directly owns 82,603 shares of the company’s stock, valued at approximately $2,150,982.12. The disclosure for this sale can be found here. Insiders own 8.20% of the company’s stock.
Shares of Ducommun (NYSE:DCO) opened at $29.64 on Monday. The company has a quick ratio of 1.06, a current ratio of 2.46 and a debt-to-equity ratio of 0.99. The stock has a market cap of $335.77, a price-to-earnings ratio of 25.33 and a beta of 0.81. Ducommun has a 12 month low of $25.06 and a 12 month high of $35.58.
Ducommun (NYSE:DCO) last released its quarterly earnings data on Wednesday, November 1st. The aerospace company reported $0.41 EPS for the quarter, topping analysts’ consensus estimates of $0.38 by $0.03. The firm had revenue of $138.70 million during the quarter, compared to the consensus estimate of $143.72 million. Ducommun had a net margin of 2.40% and a return on equity of 7.20%. The firm’s revenue was up 4.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.44 earnings per share. analysts expect that Ducommun will post 0.59 EPS for the current year.
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Ducommun Incorporated is a global provider of engineering and manufacturing services for various products and failure applications used primarily in the aerospace, defense, industrial, natural resources, medical and other industries. The Company is a solution-based provider, offering a range of value-added products and services in its primary businesses of electronics, structures and integrated solutions.
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