Ducommun Incorporated (NYSE:DCO - Free Report) - Equities researchers at B. Riley dropped their FY2026 earnings estimates for Ducommun in a note issued to investors on Wednesday, May 7th. B. Riley analyst M. Crawford now anticipates that the aerospace company will earn $4.02 per share for the year, down from their previous estimate of $4.16. B. Riley currently has a "Buy" rating on the stock. The consensus estimate for Ducommun's current full-year earnings is $3.21 per share.
Several other research firms also recently commented on DCO. StockNews.com raised shares of Ducommun from a "buy" rating to a "strong-buy" rating in a report on Wednesday, May 7th. Truist Financial set a $76.00 price target on Ducommun in a report on Wednesday, May 7th. Four research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company has an average rating of "Buy" and a consensus price target of $76.00.
Read Our Latest Stock Analysis on DCO
Ducommun Stock Performance
DCO traded down $0.01 on Thursday, reaching $66.48. 28,379 shares of the stock were exchanged, compared to its average volume of 76,162. The company's 50-day moving average price is $58.19 and its 200 day moving average price is $62.32. The firm has a market capitalization of $989.09 million, a PE ratio of 33.41 and a beta of 1.30. The company has a debt-to-equity ratio of 0.37, a current ratio of 3.21 and a quick ratio of 2.16. Ducommun has a fifty-two week low of $51.76 and a fifty-two week high of $70.50.
Ducommun (NYSE:DCO - Get Free Report) last announced its quarterly earnings results on Tuesday, May 6th. The aerospace company reported $0.83 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.63 by $0.20. Ducommun had a return on equity of 7.40% and a net margin of 3.82%. The business had revenue of $194.11 million for the quarter, compared to the consensus estimate of $192.30 million. During the same period last year, the business posted $0.70 EPS. The business's revenue was up 1.7% compared to the same quarter last year.
Hedge Funds Weigh In On Ducommun
Several hedge funds have recently bought and sold shares of the stock. Barclays PLC boosted its holdings in Ducommun by 137.2% in the third quarter. Barclays PLC now owns 53,382 shares of the aerospace company's stock valued at $3,514,000 after purchasing an additional 30,873 shares during the last quarter. Virtu Financial LLC bought a new position in Ducommun in the 3rd quarter worth approximately $204,000. Franklin Resources Inc. boosted its stake in Ducommun by 13.4% during the 3rd quarter. Franklin Resources Inc. now owns 77,712 shares of the aerospace company's stock valued at $5,023,000 after purchasing an additional 9,187 shares in the last quarter. Hennion & Walsh Asset Management Inc. boosted its stake in Ducommun by 49.7% during the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 16,736 shares of the aerospace company's stock valued at $1,065,000 after purchasing an additional 5,554 shares in the last quarter. Finally, Annex Advisory Services LLC boosted its stake in shares of Ducommun by 37.6% during the 4th quarter. Annex Advisory Services LLC now owns 37,411 shares of the aerospace company's stock worth $2,382,000 after acquiring an additional 10,228 shares in the last quarter. Hedge funds and other institutional investors own 92.15% of the company's stock.
About Ducommun
(
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Ducommun Incorporated provides engineering and manufacturing services for products and applications used primarily in the aerospace and defense, industrial, medical, and other industries in the United States. The company operates through two segments, Electronic Systems and Structural Systems. The Electronic Systems segment provides cable assemblies and interconnect systems; printed circuit board assemblies; electronic, electromechanical, and mechanical components and assemblies, as well as lightning diversion systems; and radar enclosures, aircraft avionics racks, shipboard communications and control enclosures, printed circuit board assemblies, cable assemblies, wire harnesses, interconnect systems, lightning diversion strips, surge suppressors, conformal shields, and other assemblies.
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