Ducommun (DCO) Set to Announce Earnings on Wednesday

Ducommun (NYSE:DCO) is set to post its quarterly earnings results before the market opens on Wednesday, May 8th. Analysts expect Ducommun to post earnings of $0.52 per share for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.

Ducommun (NYSE:DCO) last issued its quarterly earnings results on Thursday, February 15th. The aerospace company reported $0.70 earnings per share for the quarter, topping analysts’ consensus estimates of $0.59 by $0.11. Ducommun had a return on equity of 5.94% and a net margin of 2.10%. The company had revenue of $192.23 million for the quarter, compared to analyst estimates of $193.24 million. On average, analysts expect Ducommun to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Ducommun Trading Up 1.5 %

Shares of Ducommun stock opened at $55.90 on Monday. Ducommun has a fifty-two week low of $40.24 and a fifty-two week high of $58.19. The firm has a market cap of $818.38 million, a PE ratio of 48.61 and a beta of 1.26. The business’s fifty day moving average is $51.42 and its two-hundred day moving average is $50.44. The company has a quick ratio of 1.91, a current ratio of 2.99 and a debt-to-equity ratio of 0.40.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the company. Royal Bank of Canada reissued an “outperform” rating and set a $60.00 price target on shares of Ducommun in a research note on Friday, February 16th. B. Riley reaffirmed a “buy” rating and issued a $72.00 target price on shares of Ducommun in a research report on Friday, February 16th. Finally, Truist Financial cut their target price on Ducommun from $69.00 to $65.00 and set a “buy” rating on the stock in a research report on Friday, February 16th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $62.80.

About Ducommun

Ducommun Incorporated provides engineering and manufacturing services for products and applications used primarily in the aerospace and defense, industrial, medical, and other industries in the United States. The company operates through two segments, Electronic Systems and Structural Systems. The Electronic Systems segment provides cable assemblies and interconnect systems; printed circuit board assemblies; electronic, electromechanical, and mechanical components and assemblies, as well as lightning diversion systems; and radar enclosures, aircraft avionics racks, shipboard communications and control enclosures, printed circuit board assemblies, cable assemblies, wire harnesses, interconnect systems, lightning diversion strips, surge suppressors, conformal shields, and other assemblies.