Ducommun Incorporated Sets New 1-Year High at $31.35 (DCO)
Ducommun Incorporated (NYSE:DCO) set a new 52-week high on Wednesday, American Banking and Market News reports. The company traded as high as $31.35 and last traded at $31.23, with a volume of 43,855 shares. The stock had previously closed at $30.22.
DCO has been the subject of a number of recent research reports. Analysts at Zacks upgraded shares of Ducommun Incorporated from an “underperform” rating to a “neutral” rating in a research note to investors on Tuesday, December 31st. They now have a $30.50 price target on the stock. Finally, analysts at DA Davidson cut their price target on shares of Ducommun Incorporated from $29.00 to $27.00 in a research note to investors on Tuesday, October 29th. They now have a “neutral” rating on the stock. Six research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Ducommun Incorporated presently has a consensus rating of “Hold” and a consensus target price of $31.42.
Ducommun Incorporated (NYSE:DCO) last announced its earnings results on Monday, October 28th. The company reported $0.42 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.47 by $0.05. The company had revenue of $181.30 million for the quarter, compared to the consensus estimate of $186.90 million. During the same quarter last year, the company posted $0.48 earnings per share. Ducommun Incorporated’s revenue was down 1.5% compared to the same quarter last year.
Ducommun Incorporated (NYSE:DCO), through its subsidiaries, designs, engineers and manufactures aerostructure and electromechanical components and subassemblies, and provides engineering, technical and program management services for the aerospace industry.
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