Equities analysts forecast that Ducommun Incorporated (NYSE:DCO) will report ($0.34) earnings per share (EPS) for the current fiscal quarter, according to Zacks. Two analysts have issued estimates for Ducommun’s earnings, with estimates ranging from ($0.35) to ($0.32). Ducommun posted earnings per share of $0.45 during the same quarter last year, which would indicate a negative year over year growth rate of 175.6%. The firm is expected to issue its next earnings results on Monday, March 5th.

According to Zacks, analysts expect that Ducommun will report full year earnings of $0.59 per share for the current financial year, with EPS estimates ranging from $0.57 to $0.61. For the next fiscal year, analysts anticipate that the business will post earnings of $0.85 per share, with EPS estimates ranging from $0.75 to $0.95. Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side research firms that cover Ducommun.

Ducommun (NYSE:DCO) last announced its quarterly earnings results on Wednesday, November 1st. The aerospace company reported $0.41 earnings per share for the quarter, topping analysts’ consensus estimates of $0.38 by $0.03. Ducommun had a return on equity of 7.20% and a net margin of 2.40%. The company had revenue of $138.70 million during the quarter, compared to analysts’ expectations of $143.72 million. During the same quarter in the previous year, the firm earned $0.44 earnings per share. The business’s quarterly revenue was up 4.6% compared to the same quarter last year.

Several research firms have commented on DCO. Canaccord Genuity reaffirmed a “buy” rating and issued a $36.00 price target on shares of Ducommun in a report on Tuesday, September 12th. ValuEngine cut Ducommun from a “buy” rating to a “hold” rating in a report on Monday, October 2nd. Zacks Investment Research cut Ducommun from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 8th. TheStreet upgraded Ducommun from a “c” rating to a “b-” rating in a research note on Thursday, November 2nd. Finally, Sidoti lowered Ducommun from a “buy” rating to a “neutral” rating in a research note on Tuesday, October 17th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and four have assigned a buy rating to the stock. Ducommun currently has an average rating of “Hold” and an average target price of $36.80.

Ducommun (NYSE:DCO) traded down $0.34 during trading on Tuesday, reaching $27.34. The company’s stock had a trading volume of 78,700 shares, compared to its average volume of 74,530. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.06 and a current ratio of 2.46. The firm has a market cap of $313.56, a PE ratio of 20.20 and a beta of 0.81. Ducommun has a 12-month low of $24.23 and a 12-month high of $35.58.

In related news, Director Anthony J. Reardon sold 30,000 shares of the stock in a transaction that occurred on Tuesday, November 14th. The stock was sold at an average price of $26.04, for a total transaction of $781,200.00. Following the sale, the director now directly owns 82,603 shares in the company, valued at approximately $2,150,982.12. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Anthony J. Reardon sold 4,198 shares of the stock in a transaction on Friday, September 22nd. The shares were sold at an average price of $31.03, for a total value of $130,263.94. Following the completion of the transaction, the director now owns 92,555 shares in the company, valued at $2,871,981.65. The disclosure for this sale can be found here. Over the last quarter, insiders sold 56,728 shares of company stock worth $1,577,191. Corporate insiders own 8.20% of the company’s stock.

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Wilen Investment Management CORP. boosted its position in Ducommun by 0.3% in the 2nd quarter. Wilen Investment Management CORP. now owns 32,818 shares of the aerospace company’s stock valued at $1,017,000 after buying an additional 100 shares during the last quarter. Teachers Advisors LLC boosted its position in Ducommun by 0.5% in the 2nd quarter. Teachers Advisors LLC now owns 19,905 shares of the aerospace company’s stock valued at $629,000 after buying an additional 101 shares during the last quarter. TIAA CREF Investment Management LLC boosted its position in Ducommun by 0.6% in the 2nd quarter. TIAA CREF Investment Management LLC now owns 28,970 shares of the aerospace company’s stock valued at $915,000 after buying an additional 177 shares during the last quarter. The Manufacturers Life Insurance Company boosted its position in Ducommun by 6.4% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 8,385 shares of the aerospace company’s stock valued at $265,000 after buying an additional 502 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its position in Ducommun by 1.8% in the 2nd quarter. Bank of New York Mellon Corp now owns 50,027 shares of the aerospace company’s stock valued at $1,580,000 after buying an additional 882 shares during the last quarter. Hedge funds and other institutional investors own 81.64% of the company’s stock.

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About Ducommun

Ducommun Incorporated is a global provider of engineering and manufacturing services for various products and failure applications used primarily in the aerospace, defense, industrial, natural resources, medical and other industries. The Company is a solution-based provider, offering a range of value-added products and services in its primary businesses of electronics, structures and integrated solutions.

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Earnings History and Estimates for Ducommun (NYSE:DCO)

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