Wall Street analysts expect Ducommun Incorporated (NYSE:DCO) to post $145.15 million in sales for the current fiscal quarter, according to Zacks. Two analysts have made estimates for Ducommun’s earnings. The highest sales estimate is $147.29 million and the lowest is $143.00 million. Ducommun posted sales of $142.49 million in the same quarter last year, which would indicate a positive year-over-year growth rate of 1.9%. The business is expected to report its next quarterly earnings results on Monday, March 5th.

According to Zacks, analysts expect that Ducommun will report full year sales of $145.15 million for the current financial year, with estimates ranging from $558.93 million to $563.22 million. For the next year, analysts anticipate that the company will post sales of $584.73 million per share, with estimates ranging from $584.46 million to $585.00 million. Zacks Investment Research’s sales calculations are a mean average based on a survey of research analysts that that provide coverage for Ducommun.

Ducommun (NYSE:DCO) last announced its quarterly earnings data on Wednesday, November 1st. The aerospace company reported $0.41 EPS for the quarter, topping the Zacks’ consensus estimate of $0.38 by $0.03. Ducommun had a return on equity of 7.20% and a net margin of 2.40%. The firm had revenue of $138.70 million for the quarter, compared to the consensus estimate of $143.72 million. During the same quarter last year, the business posted $0.44 earnings per share. The firm’s revenue was up 4.6% compared to the same quarter last year.

A number of equities analysts recently commented on DCO shares. Zacks Investment Research downgraded Ducommun from a “hold” rating to a “sell” rating in a research report on Thursday, November 2nd. B. Riley set a $40.00 price objective on Ducommun and gave the stock a “buy” rating in a research report on Monday, October 30th. Canaccord Genuity lifted their price objective on Ducommun from $36.00 to $38.00 and gave the stock a “buy” rating in a research report on Tuesday, October 31st. ValuEngine downgraded Ducommun from a “buy” rating to a “hold” rating in a research report on Friday, November 10th. Finally, Noble Financial reiterated a “hold” rating on shares of Ducommun in a research report on Friday, November 3rd. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and four have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $36.80.

In other Ducommun news, Director Anthony J. Reardon sold 30,000 shares of the firm’s stock in a transaction on Tuesday, November 14th. The stock was sold at an average price of $26.04, for a total transaction of $781,200.00. Following the completion of the sale, the director now owns 82,603 shares of the company’s stock, valued at $2,150,982.12. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Anthony J. Reardon sold 9,872 shares of the firm’s stock in a transaction on Monday, September 18th. The stock was sold at an average price of $29.01, for a total value of $286,386.72. Following the sale, the director now directly owns 115,432 shares of the company’s stock, valued at approximately $3,348,682.32. The disclosure for this sale can be found here. In the last three months, insiders have sold 56,728 shares of company stock valued at $1,577,191. 8.20% of the stock is owned by insiders.

Hedge funds have recently bought and sold shares of the business. Tower Research Capital LLC TRC increased its stake in Ducommun by 169.8% during the second quarter. Tower Research Capital LLC TRC now owns 3,400 shares of the aerospace company’s stock worth $107,000 after acquiring an additional 2,140 shares during the last quarter. Alliancebernstein L.P. acquired a new stake in Ducommun during the second quarter worth $221,000. Macquarie Group Ltd. acquired a new stake in Ducommun during the third quarter worth $223,000. Mackenzie Financial Corp acquired a new stake in Ducommun during the third quarter worth $229,000. Finally, First Trust Advisors LP acquired a new stake in Ducommun during the third quarter worth $261,000. 81.64% of the stock is owned by institutional investors.

Ducommun (NYSE:DCO) opened at $26.92 on Thursday. Ducommun has a 1 year low of $24.23 and a 1 year high of $35.58. The company has a market capitalization of $306.54, a P/E ratio of 19.75 and a beta of 0.81. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.06 and a current ratio of 2.46.

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Ducommun Company Profile

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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Earnings History and Estimates for Ducommun (NYSE:DCO)

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