Ducommun (NYSE:DCO) was downgraded by investment analysts at TheStreet from a “b-” rating to a “c” rating in a research report issued on Monday.

A number of other equities analysts also recently commented on the stock. Zacks Investment Research downgraded shares of Ducommun from a “hold” rating to a “sell” rating in a research report on Thursday, November 2nd. B. Riley set a $40.00 price objective on shares of Ducommun and gave the stock a “buy” rating in a research report on Monday, October 30th. Canaccord Genuity upped their price objective on shares of Ducommun from $36.00 to $38.00 and gave the stock a “buy” rating in a research report on Tuesday, October 31st. ValuEngine downgraded shares of Ducommun from a “buy” rating to a “hold” rating in a research report on Friday, November 10th. Finally, Noble Financial restated a “hold” rating on shares of Ducommun in a research report on Friday, November 3rd. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $36.80.

Shares of Ducommun (DCO) traded up $0.27 during trading on Monday, reaching $27.21. 50,629 shares of the company’s stock were exchanged, compared to its average volume of 74,144. The stock has a market cap of $305.18, a P/E ratio of 19.76 and a beta of 0.81. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.06 and a current ratio of 2.46. Ducommun has a 52 week low of $24.23 and a 52 week high of $35.58.

Ducommun (NYSE:DCO) last announced its quarterly earnings data on Wednesday, November 1st. The aerospace company reported $0.41 EPS for the quarter, topping the Zacks’ consensus estimate of $0.38 by $0.03. The company had revenue of $138.70 million during the quarter, compared to the consensus estimate of $143.72 million. Ducommun had a net margin of 2.40% and a return on equity of 7.20%. Ducommun’s quarterly revenue was up 4.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.44 EPS. equities analysts anticipate that Ducommun will post 0.59 EPS for the current year.

In other news, Director Anthony J. Reardon sold 9,872 shares of the stock in a transaction dated Monday, September 18th. The shares were sold at an average price of $29.01, for a total value of $286,386.72. Following the completion of the transaction, the director now owns 115,432 shares in the company, valued at approximately $3,348,682.32. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Stephen G. Oswald purchased 10,000 shares of the business’s stock in a transaction dated Monday, November 6th. The stock was bought at an average price of $27.39 per share, with a total value of $273,900.00. Following the acquisition, the chief executive officer now directly owns 65,700 shares in the company, valued at $1,799,523. The disclosure for this purchase can be found here. Insiders sold a total of 56,728 shares of company stock valued at $1,577,191 in the last quarter. Insiders own 8.20% of the company’s stock.

Several institutional investors and hedge funds have recently made changes to their positions in DCO. Vanguard Group Inc. increased its holdings in shares of Ducommun by 7.0% in the 1st quarter. Vanguard Group Inc. now owns 441,569 shares of the aerospace company’s stock valued at $12,712,000 after purchasing an additional 29,007 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of Ducommun by 11.2% in the 1st quarter. Geode Capital Management LLC now owns 82,291 shares of the aerospace company’s stock valued at $2,369,000 after purchasing an additional 8,289 shares in the last quarter. Municipal Employees Retirement System of Michigan purchased a new position in shares of Ducommun in the 2nd quarter valued at about $496,000. Schwab Charles Investment Management Inc. increased its holdings in shares of Ducommun by 32.2% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 24,200 shares of the aerospace company’s stock valued at $765,000 after purchasing an additional 5,900 shares in the last quarter. Finally, Wedge Capital Management L L P NC purchased a new position in shares of Ducommun in the 2nd quarter valued at about $973,000. Institutional investors and hedge funds own 81.64% of the company’s stock.

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Ducommun Company Profile

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.

Analyst Recommendations for Ducommun (NYSE:DCO)

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