Ducommun Incorporated (DCO) Given Average Rating of “Hold” by Analysts

Ducommun Incorporated (NYSE:DCO) has received a consensus recommendation of “Hold” from the nine brokerages that are presently covering the stock, Marketbeat reports. One analyst has rated the stock with a sell recommendation, three have given a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $37.50.

Several brokerages recently issued reports on DCO. TheStreet upgraded Ducommun from a “c” rating to a “b-” rating in a research report on Thursday, November 2nd. Sidoti downgraded Ducommun from a “buy” rating to a “neutral” rating in a research report on Tuesday, October 17th. Zacks Investment Research upgraded Ducommun from a “strong sell” rating to a “hold” rating in a research report on Wednesday, January 3rd. Noble Financial restated a “hold” rating on shares of Ducommun in a research report on Friday, November 3rd. Finally, ValuEngine downgraded Ducommun from a “buy” rating to a “hold” rating in a research report on Friday, November 10th.

In other Ducommun news, CEO Stephen G. Oswald purchased 10,000 shares of the business’s stock in a transaction on Monday, November 13th. The stock was bought at an average cost of $26.30 per share, for a total transaction of $263,000.00. Following the acquisition, the chief executive officer now owns 75,700 shares of the company’s stock, valued at approximately $1,990,910. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Anthony J. Reardon sold 30,000 shares of the business’s stock in a transaction on Tuesday, November 14th. The shares were sold at an average price of $26.04, for a total value of $781,200.00. Following the completion of the transaction, the director now owns 82,603 shares of the company’s stock, valued at $2,150,982.12. The disclosure for this sale can be found here. Insiders own 8.20% of the company’s stock.

A number of institutional investors and hedge funds have recently modified their holdings of DCO. Paradigm Capital Management Inc. NY grew its stake in shares of Ducommun by 10.3% during the 4th quarter. Paradigm Capital Management Inc. NY now owns 698,000 shares of the aerospace company’s stock valued at $19,858,000 after buying an additional 64,905 shares during the period. Victory Capital Management Inc. grew its stake in shares of Ducommun by 78.4% during the 4th quarter. Victory Capital Management Inc. now owns 61,386 shares of the aerospace company’s stock valued at $1,746,000 after buying an additional 26,975 shares during the period. Wedge Capital Management L L P NC grew its stake in shares of Ducommun by 10.1% during the 4th quarter. Wedge Capital Management L L P NC now owns 33,900 shares of the aerospace company’s stock valued at $964,000 after buying an additional 3,100 shares during the period. Dalton Greiner Hartman Maher & Co. purchased a new stake in shares of Ducommun during the 4th quarter valued at $2,580,000. Finally, GSA Capital Partners LLP grew its stake in shares of Ducommun by 7.6% during the 3rd quarter. GSA Capital Partners LLP now owns 57,799 shares of the aerospace company’s stock valued at $1,852,000 after buying an additional 4,100 shares during the period. Institutional investors own 82.09% of the company’s stock.

Ducommun (NYSE:DCO) opened at $26.30 on Friday. 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 12-month low of $25.06 and a 12-month high of $35.58. The stock has a market capitalization of $307.33, a P/E ratio of 22.48 and a beta of 0.84.

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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.

Analyst Recommendations for Ducommun (NYSE:DCO)

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