Wall Street brokerages predict that Ducommun Incorporated (NYSE:DCO) will announce earnings per share of ($0.34) for the current fiscal quarter, according to Zacks Investment Research. Two analysts have provided estimates for Ducommun’s earnings, with the highest EPS estimate coming in at ($0.32) and the lowest estimate coming in at ($0.35). Ducommun reported earnings per share of $0.45 during the same quarter last year, which suggests a negative year over year growth rate of 175.6%. The firm is scheduled to issue its next earnings report on Monday, March 5th.

On average, analysts expect that Ducommun will report full year earnings of $0.59 per share for the current year, with EPS estimates ranging from $0.57 to $0.61. For the next financial year, analysts forecast that the business will report 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 research firms that that provide coverage for Ducommun.

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

Several brokerages recently commented on DCO. ValuEngine lowered shares of Ducommun from a “buy” rating to a “hold” rating in a research report on Monday, October 2nd. Zacks Investment Research raised shares of Ducommun from a “strong sell” rating to a “hold” rating in a research report on Wednesday, January 3rd. TheStreet raised shares of Ducommun from a “c” rating to a “b-” rating in a research report on Thursday, November 2nd. Sidoti lowered shares of Ducommun from a “buy” rating to a “neutral” rating in a research report on Tuesday, October 17th. Finally, Noble Financial reissued a “hold” rating on shares of Ducommun in a research report on Friday, November 3rd. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $36.80.

Ducommun (NYSE DCO) opened at $29.28 on Thursday. Ducommun has a 52-week low of $25.06 and a 52-week high of $35.58. 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 company has a market cap of $328.52, a P/E ratio of 25.03 and a beta of 0.81.

In related news, Director Anthony J. Reardon sold 30,000 shares of the firm’s stock in a transaction on Tuesday, November 14th. The shares were sold at an average price of $26.04, for a total transaction of $781,200.00. Following the completion of the sale, the director now directly owns 82,603 shares of the company’s stock, valued at approximately $2,150,982.12. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Stephen G. Oswald purchased 10,000 shares of the stock in a transaction that occurred on Monday, November 13th. The shares were purchased at an average cost of $26.30 per share, with a total value of $263,000.00. Following the completion of the acquisition, the chief executive officer now owns 75,700 shares in the company, valued at approximately $1,990,910. The disclosure for this purchase can be found here. 8.20% of the stock is currently owned by company insiders.

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Tocqueville Asset Management L.P. grew its holdings in Ducommun by 5.1% during the 3rd quarter. Tocqueville Asset Management L.P. now owns 206,300 shares of the aerospace company’s stock valued at $6,612,000 after purchasing an additional 10,000 shares in the last quarter. OxFORD Asset Management LLP grew its holdings in Ducommun by 75.0% during the 3rd quarter. OxFORD Asset Management LLP now owns 58,128 shares of the aerospace company’s stock valued at $1,849,000 after purchasing an additional 24,921 shares in the last quarter. Victory Capital Management Inc. acquired a new stake in Ducommun during the 3rd quarter valued at $1,103,000. Ameriprise Financial Inc. acquired a new stake in Ducommun during the 2nd quarter valued at $792,000. Finally, Royal Bank of Canada grew its holdings in Ducommun by 4.2% during the 2nd quarter. Royal Bank of Canada now owns 1,460,820 shares of the aerospace company’s stock valued at $46,133,000 after purchasing an additional 58,559 shares in the last quarter. 82.44% of the stock is owned by institutional investors and hedge funds.

WARNING: “” was first posted by Watch List News and is owned by of Watch List News. If you are accessing this piece on another site, it was copied illegally and republished in violation of US and international copyright and trademark laws. The legal version of this piece can be accessed at https://www.watchlistnews.com/1829378-2/1829378.html.

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.

Get a free copy of the Zacks research report on Ducommun (DCO)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Ducommun Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ducommun and related companies with MarketBeat.com's FREE daily email newsletter.