Ducommun Incorporated (NYSE:DCO) – Investment analysts at B. Riley lowered their Q3 2019 EPS estimates for Ducommun in a note issued to investors on Tuesday, April 16th. B. Riley analyst M. Crawford now expects that the aerospace company will earn $0.48 per share for the quarter, down from their prior forecast of $0.60. B. Riley also issued estimates for Ducommun’s Q4 2019 earnings at $0.57 EPS.

A number of other equities analysts have also recently weighed in on DCO. Zacks Investment Research cut Ducommun from a “buy” rating to a “hold” rating in a research note on Tuesday, March 5th. Noble Financial raised Ducommun from a “market perform” rating to an “outperform” rating and set a $49.00 price target on the stock in a research note on Friday, March 1st. Finally, TheStreet cut Ducommun from a “b-” rating to a “c” rating in a research note on Monday, January 7th. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $47.00.

Shares of DCO opened at $39.83 on Thursday. The stock has a market capitalization of $445.84 million, a P/E ratio of 20.02 and a beta of 1.09. Ducommun has a 1-year low of $27.87 and a 1-year high of $47.28. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.47 and a current ratio of 2.27.

Ducommun (NYSE:DCO) last issued its quarterly earnings results on Thursday, February 28th. The aerospace company reported $0.44 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.49 by ($0.05). The company had revenue of $164.18 million during the quarter, compared to analysts’ expectations of $157.88 million. Ducommun had a return on equity of 7.36% and a net margin of 1.44%.

In other Ducommun news, Director Robert C. Ducommun sold 685 shares of Ducommun stock in a transaction dated Thursday, March 21st. The stock was sold at an average price of $45.60, for a total transaction of $31,236.00. Following the transaction, the director now owns 405,315 shares of the company’s stock, valued at approximately $18,482,364. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 8.50% of the company’s stock.

A number of large investors have recently added to or reduced their stakes in DCO. Gamco Investors INC. ET AL grew its stake in Ducommun by 189.0% during the 4th quarter. Gamco Investors INC. ET AL now owns 219,720 shares of the aerospace company’s stock valued at $7,980,000 after acquiring an additional 143,700 shares in the last quarter. AlphaOne Investment Services LLC purchased a new position in Ducommun during the 4th quarter valued at about $2,760,000. Teton Advisors Inc. grew its stake in Ducommun by 35.2% during the 4th quarter. Teton Advisors Inc. now owns 166,900 shares of the aerospace company’s stock valued at $6,062,000 after acquiring an additional 43,415 shares in the last quarter. BlackRock Inc. grew its stake in Ducommun by 5.5% during the 4th quarter. BlackRock Inc. now owns 810,536 shares of the aerospace company’s stock valued at $29,439,000 after acquiring an additional 42,348 shares in the last quarter. Finally, Assenagon Asset Management S.A. purchased a new position in Ducommun during the 4th quarter valued at about $1,351,000. 79.80% of the stock is currently owned by institutional investors.

Ducommun Company Profile

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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Earnings History and Estimates for Ducommun (NYSE:DCO)

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