Ducommun Incorporated (NYSE:DCO) has been given a consensus rating of “Hold” by the eight ratings firms that are covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $38.00.

DCO has been the topic of a number of analyst reports. Canaccord Genuity restated a “buy” rating on shares of Ducommun in a research report on Monday, May 7th. ValuEngine upgraded shares of Ducommun from a “hold” rating to a “buy” rating in a research report on Saturday. B. Riley decreased their price objective on shares of Ducommun from $40.00 to $39.00 and set a “buy” rating on the stock in a research report on Thursday, March 1st. Noble Financial restated a “hold” rating on shares of Ducommun in a research report on Friday, March 2nd. Finally, Zacks Investment Research cut shares of Ducommun from a “buy” rating to a “hold” rating in a research report on Tuesday, May 15th.

In other news, Director Anthony J. Reardon sold 20,000 shares of Ducommun stock in a transaction dated Tuesday, March 13th. The shares were sold at an average price of $30.83, for a total transaction of $616,600.00. Following the sale, the director now owns 42,052 shares of the company’s stock, valued at approximately $1,296,463.16. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Rose F. Rogers sold 2,700 shares of Ducommun stock in a transaction dated Tuesday, May 22nd. The shares were sold at an average price of $34.14, for a total transaction of $92,178.00. Following the sale, the vice president now directly owns 29,310 shares in the company, valued at approximately $1,000,643.40. The disclosure for this sale can be found here. Insiders own 8.20% of the company’s stock.

Institutional investors and hedge funds have recently made changes to their positions in the company. Paradigm Capital Management Inc. NY boosted its stake in Ducommun by 10.3% during the fourth quarter. Paradigm Capital Management Inc. NY now owns 698,000 shares of the aerospace company’s stock worth $19,858,000 after acquiring an additional 64,905 shares in the last quarter. Royce & Associates LP boosted its stake in Ducommun by 4.2% during the fourth quarter. Royce & Associates LP now owns 150,213 shares of the aerospace company’s stock worth $4,274,000 after acquiring an additional 6,000 shares in the last quarter. BlackRock Inc. boosted its stake in Ducommun by 0.6% during the fourth quarter. BlackRock Inc. now owns 707,759 shares of the aerospace company’s stock worth $20,136,000 after acquiring an additional 4,272 shares in the last quarter. HPM Partners LLC boosted its stake in Ducommun by 5.5% during the fourth quarter. HPM Partners LLC now owns 147,248 shares of the aerospace company’s stock worth $4,189,000 after acquiring an additional 7,650 shares in the last quarter. Finally, Deutsche Bank AG boosted its stake in Ducommun by 127.3% during the fourth quarter. Deutsche Bank AG now owns 117,834 shares of the aerospace company’s stock worth $3,349,000 after acquiring an additional 65,991 shares in the last quarter. 82.19% of the stock is currently owned by hedge funds and other institutional investors.

Ducommun traded up $0.27, reaching $34.55, during trading hours on Friday, Marketbeat Ratings reports. The company’s stock had a trading volume of 30,931 shares, compared to its average volume of 45,589. Ducommun has a 1 year low of $25.06 and a 1 year high of $35.55. The stock has a market cap of $393.25 million, a PE ratio of 25.98 and a beta of 0.61. The company has a quick ratio of 1.63, a current ratio of 2.47 and a debt-to-equity ratio of 0.85.

Ducommun (NYSE:DCO) last released its quarterly earnings data on Thursday, May 10th. The aerospace company reported $0.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.23 by $0.02. Ducommun had a net margin of 3.59% and a return on equity of 6.92%. The firm had revenue of $150.46 million for the quarter, compared to analysts’ expectations of $143.23 million. During the same quarter in the previous year, the company earned $0.18 earnings per share. The company’s revenue for the quarter was up 10.4% compared to the same quarter last year. sell-side analysts anticipate that Ducommun will post 1.59 EPS for the current year.

About Ducommun

Ducommun Incorporated provides engineering and manufacturing products and services primarily to the aerospace, defense, industrial, natural resources, medical, and other industries in the United States. The company operates through two segments, Electronic Systems and Structural Systems. The Electronic Systems segment offers cable assemblies and interconnect systems; printed circuit board assemblies; high-level electronic, electromechanical, and mechanical components and assemblies, as well as lightning diversion systems; and radar enclosures, aircraft avionics racks, shipboard communications and control enclosures, wire harnesses, surge suppressors, conformal shields, and other assemblies.

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