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.

Several institutional investors and hedge funds have recently made changes to their positions in the company. Tower Research Capital LLC TRC raised its stake in shares of Ducommun by 169.8% during the second quarter. Tower Research Capital LLC TRC now owns 3,400 shares of the aerospace company’s stock valued at $107,000 after purchasing an additional 2,140 shares in the last quarter. Alliancebernstein L.P. bought a new stake in shares of Ducommun during the second quarter valued at about $221,000. Macquarie Group Ltd. bought a new stake in shares of Ducommun during the third quarter valued at about $223,000. Mackenzie Financial Corp bought a new stake in shares of Ducommun during the third quarter valued at about $229,000. Finally, First Trust Advisors LP bought a new stake in shares of Ducommun during the third quarter valued at about $261,000. 81.64% of the stock is owned by institutional investors.

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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About Ducommun

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.

Analyst Recommendations for Ducommun (NYSE:DCO)

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