Wall Street brokerages predict that Ducommun Incorporated (NYSE:DCO) will post $145.15 million in sales for the current quarter, Zacks Investment Research reports. Two analysts have made estimates for Ducommun’s earnings, with estimates ranging from $143.00 million to $147.29 million. Ducommun reported sales of $142.49 million in the same quarter last year, which indicates a positive year over year growth rate of 1.9%. The firm is scheduled to announce its next quarterly earnings results on Monday, March 5th.
On average, analysts expect that Ducommun will report full-year sales of $145.15 million for the current year, with estimates ranging from $558.93 million to $563.22 million. For the next year, analysts anticipate that the firm will report sales of $584.73 million per share, with estimates ranging from $584.46 million to $585.00 million. Zacks Investment Research’s sales calculations are a mean average based on a survey of sell-side analysts that that provide coverage for Ducommun.
A number of research firms have weighed in on DCO. ValuEngine cut shares of Ducommun from a “buy” rating to a “hold” rating in a research report on Friday, November 10th. B. Riley set a $40.00 target price on shares of Ducommun and gave the stock a “buy” rating in a report on Monday, October 30th. Zacks Investment Research lowered shares of Ducommun from a “hold” rating to a “sell” rating in a report on Thursday, November 2nd. Canaccord Genuity upped their target price on shares of Ducommun from $36.00 to $38.00 and gave the stock a “buy” rating in a report on Tuesday, October 31st. Finally, TheStreet lowered shares of Ducommun from a “b-” rating to a “c” rating in a report on Monday, December 11th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and four have assigned a buy rating to the company. Ducommun has an average rating of “Hold” and an average price target of $36.80.
Ducommun (DCO) opened at $27.06 on Tuesday. The company has a current ratio of 2.46, a quick ratio of 1.06 and a debt-to-equity ratio of 0.99. The firm has a market cap of $306.54, a price-to-earnings ratio of 23.13 and a beta of 0.83. Ducommun has a 12-month low of $25.06 and a 12-month high of $35.58.
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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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