Ducommun (DCO) Expected to Announce Earnings on Thursday

Ducommun (NYSE:DCO) is expected to be announcing its earnings results before the market opens on Thursday, February 20th. Analysts expect the company to announce earnings of $0.70 per share and revenue of $195.58 million for the quarter. Investors interested in listening to the company’s conference call can do so using this link.

Ducommun Stock Performance

DCO stock opened at $62.76 on Tuesday. The business’s fifty day moving average is $65.29 and its 200-day moving average is $64.60. The company has a quick ratio of 2.16, a current ratio of 3.21 and a debt-to-equity ratio of 0.37. The company has a market cap of $927.57 million, a P/E ratio of 31.54 and a beta of 1.40. Ducommun has a twelve month low of $47.53 and a twelve month high of $70.50.

Insider Buying and Selling

In other news, Director Robert C. Ducommun sold 1,000 shares of the firm’s stock in a transaction that occurred on Thursday, December 5th. The shares were sold at an average price of $69.50, for a total transaction of $69,500.00. Following the completion of the sale, the director now owns 409,900 shares in the company, valued at $28,488,050. This trade represents a 0.24 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 8.80% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

DCO has been the subject of a number of research reports. Truist Financial increased their target price on Ducommun from $80.00 to $82.00 and gave the stock a “buy” rating in a report on Tuesday, January 14th. Royal Bank of Canada assumed coverage on Ducommun in a report on Tuesday, December 31st. They set an “outperform” rating and a $72.00 price objective for the company. Finally, StockNews.com upgraded Ducommun from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, November 12th.

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.