Ducommun (NYSE:DCO) Stock Gets Price Target Cut from Royal Bank Of Canada

Key Points

• Royal Bank of Canada cut Ducommun’s price target from $180 to $155 while keeping a “Sector Perform” rating; the new target implies about 14% upside from the quoted share price.
• Analyst sentiment remains broadly positive: MarketBeat reports a “Moderate Buy” consensus and an average price target of $196.67, with five Buy ratings and three Hold ratings.
• Ducommun’s third-quarter results beat estimates: adjusted EPS was $1.21 versus $1.15 expected, while revenue reached $227 million, up 6.8% year over year. The company also reported record revenue and gross margin and a 2.2x defense book-to-bill ratio.

Ducommun (NYSE:DCO - Get Free Report) had its price target dropped by Royal Bank Of Canada from $180.00 to $155.00 in a research note issued to investors on Friday, Benzinga reports. The brokerage currently has a "sector perform" rating on the aerospace company's stock. Royal Bank Of Canada's target price indicates a potential upside of 14.34% from the stock's current price.

Other analysts also recently issued research reports about the company. Guggenheim began coverage on Ducommun in a research report on Friday, October 9th. They issued a "buy" rating and a $246.00 target price on the stock. Zacks Research cut Ducommun from a "strong-buy" rating to a "hold" rating in a research report on Monday, October 12th. The Goldman Sachs Group restated a "buy" rating on shares of Ducommun in a research note on Monday, August 10th. Weiss Ratings lowered Ducommun from a "hold (c)" rating to a "hold (c-)" rating in a research report on Friday, September 18th. Finally, Wall Street Zen upgraded Ducommun from a "hold" rating to a "buy" rating in a research note on Saturday, August 8th. Five equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $196.67.

Ducommun Stock Up 2.3%

Ducommun stock traded up $3.06 during mid-day trading on Friday, reaching $135.56. The company's stock had a trading volume of 103,891 shares, compared to its average volume of 217,659. The company has a debt-to-equity ratio of 0.39, a quick ratio of 2.38 and a current ratio of 3.36. Ducommun has a 12 month low of $84.76 and a 12 month high of $210.39. The business's 50 day simple moving average is $167.65 and its 200 day simple moving average is $153.96. The company has a market capitalization of $2.05 billion, a price-to-earnings ratio of -73.20 and a beta of 1.11.

Ducommun (NYSE:DCO - Get Free Report) last issued its quarterly earnings results on Thursday, November 5th. The aerospace company reported $1.21 EPS for the quarter, topping the consensus estimate of $1.15 by $0.06. Ducommun had a negative net margin of 3.10% and a positive return on equity of 9.20%. The firm had revenue of $227.02 million for the quarter, compared to analysts' expectations of $221.93 million. During the same period in the previous year, the firm posted $0.99 EPS. The company's revenue for the quarter was up 6.8% on a year-over-year basis. As a group, research analysts anticipate that Ducommun will post 4.26 earnings per share for the current year.

Insiders Place Their Bets

In other Ducommun news, CEO Stephen Oswald sold 2,500 shares of the firm's stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $203.95, for a total transaction of $509,875.00. Following the completion of the sale, the chief executive officer owned 383,864 shares of the company's stock, valued at $78,289,062.80. This trade represents a 0.65% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 5.00% of the company's stock.

Hedge Funds Weigh In On Ducommun

Several institutional investors and hedge funds have recently modified their holdings of DCO. Russell Investments Group Ltd. grew its stake in shares of Ducommun by 54.1% in the third quarter. Russell Investments Group Ltd. now owns 56,065 shares of the aerospace company's stock valued at $9,618,000 after acquiring an additional 19,678 shares in the last quarter. Simplex Trading LLC increased its position in Ducommun by 434.6% during the third quarter. Simplex Trading LLC now owns 278 shares of the aerospace company's stock worth $48,000 after acquiring an additional 226 shares during the period. Ethic Inc. raised its stake in Ducommun by 105.7% in the 3rd quarter. Ethic Inc. now owns 2,800 shares of the aerospace company's stock worth $480,000 after purchasing an additional 1,439 shares in the last quarter. Pictet Asset Management Holding SA raised its stake in Ducommun by 19.9% in the 3rd quarter. Pictet Asset Management Holding SA now owns 2,680 shares of the aerospace company's stock worth $460,000 after purchasing an additional 445 shares in the last quarter. Finally, Parallel Advisors LLC raised its stake in Ducommun by 44.8% in the 3rd quarter. Parallel Advisors LLC now owns 365 shares of the aerospace company's stock worth $63,000 after purchasing an additional 113 shares in the last quarter. 92.15% of the stock is currently owned by institutional investors and hedge funds.

Ducommun News Roundup

Here are the key news stories impacting Ducommun this week:

• Positive Sentiment: Q3 2026 adjusted earnings were $1.21 per share, above the $1.15 consensus estimate and up from $0.99 a year earlier. Revenue of $227.02 million also topped estimates of $221.93 million and increased 6.8% year over year. Ducommun Q3 results
• Positive Sentiment: The company reported record revenue and gross margin, all-time-high remaining performance obligations, and a 2.2x defense book-to-bill ratio for the quarter—indicators of strong demand and potential future revenue. Ducommun Q3 results
• Negative Sentiment: B. Riley cut its price target to $203 from $222, tempering its outlook. It retained a Buy rating, however, and the revised target still implied about 50% upside from the quoted $135.15 share price. B. Riley recommendation

About Ducommun

Ducommun Incorporated NYSE: DCO is a manufacturer of engineered components, assemblies and systems for the aerospace, defense and space industries. The company supplies products used in commercial aircraft, military platforms, launch vehicles, satellites and other mission-critical applications.

Its offerings include structural components and assemblies, precision-machined parts, composite structures, electronic and electromechanical systems, circuit-card assemblies, wire harnesses and other specialized products.

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