Ducommun Incorporated (NYSE:DCO) has earned a consensus rating of “Hold” from the nine ratings firms that are presently covering the stock, Marketbeat reports. Two research analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year price target among analysts that have covered the stock in the last year is $37.67.

A number of equities analysts have weighed in on DCO shares. BidaskClub lowered Ducommun from a “sell” rating to a “strong sell” rating in a research report on Tuesday, July 25th. Sidoti lowered Ducommun from a “buy” rating to a “neutral” rating in a research report on Tuesday, October 17th. Canaccord Genuity boosted their target price on Ducommun from $35.00 to $36.00 and gave the stock a “buy” rating in a research report on Friday, August 4th. ValuEngine raised Ducommun from a “hold” rating to a “buy” rating in a research report on Monday, September 11th. Finally, Zacks Investment Research lowered Ducommun from a “hold” rating to a “sell” rating in a research report on Tuesday, October 3rd.

Shares of Ducommun (NYSE DCO) traded down $3.55 during midday trading on Wednesday, hitting $29.11. The company had a trading volume of 54,519 shares, compared to its average volume of 45,608. The firm has a market cap of $329.76 million, a PE ratio of 23.72 and a beta of 0.87. Ducommun has a 1 year low of $20.00 and a 1 year high of $35.58. The company has a current ratio of 2.48, a quick ratio of 1.15 and a debt-to-equity ratio of 0.77.

Ducommun (NYSE:DCO) last announced its quarterly earnings results on Wednesday, November 1st. The aerospace company reported $0.41 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.38 by $0.03. The company had revenue of $138.70 million for the quarter, compared to analysts’ expectations of $143.72 million. Ducommun had a net margin of 2.40% and a return on equity of 7.28%. Ducommun’s revenue was up 4.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.44 EPS. research analysts forecast that Ducommun will post 1.2 EPS for the current year.

ILLEGAL ACTIVITY WARNING: This report was originally reported by Watch List News and is the property of of Watch List News. If you are viewing this report on another site, it was copied illegally and republished in violation of US and international trademark & copyright laws. The correct version of this report can be viewed at https://www.watchlistnews.com/ducommun-incorporated-dco-receives-37-67-average-target-price-from-brokerages/1678685.html.

In other news, Director Anthony J. Reardon sold 7,726 shares of the company’s stock in a transaction dated Thursday, August 31st. The shares were sold at an average price of $27.66, for a total transaction of $213,701.16. Following the completion of the sale, the director now owns 123,523 shares of the company’s stock, valued at approximately $3,416,646.18. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Anthony J. Reardon sold 3,300 shares of the company’s stock in a transaction dated Wednesday, August 23rd. The shares were sold at an average price of $27.59, for a total transaction of $91,047.00. Following the sale, the director now directly owns 127,724 shares of the company’s stock, valued at approximately $3,523,905.16. The disclosure for this sale can be found here. Insiders have sold a total of 42,701 shares of company stock valued at $1,237,582 in the last ninety days. Insiders own 8.20% of the company’s stock.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Municipal Employees Retirement System of Michigan purchased a new stake in shares of Ducommun during the 2nd quarter valued at about $496,000. AQR Capital Management LLC increased its position in shares of Ducommun by 122.9% during the 1st quarter. AQR Capital Management LLC now owns 157,807 shares of the aerospace company’s stock valued at $4,543,000 after purchasing an additional 87,019 shares during the last quarter. Royal Bank of Canada increased its position in shares of 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 during the last quarter. Highbridge Capital Management LLC purchased a new stake in shares of Ducommun during the 1st quarter valued at about $556,000. Finally, Vanguard Group Inc. increased its position in shares of Ducommun by 7.0% during 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 during the last quarter. 79.84% of the stock is owned by hedge funds and other institutional investors.

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)

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