Ducommun (DCO) to Release Earnings on Thursday

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

Ducommun Stock Performance

Shares of Ducommun stock opened at $62.37 on Wednesday. The company has a current ratio of 3.21, a quick ratio of 2.16 and a debt-to-equity ratio of 0.37. The business has a 50-day moving average price of $65.29 and a two-hundred day moving average price of $64.60. Ducommun has a 1-year low of $47.53 and a 1-year high of $70.50. The company has a market cap of $921.89 million, a P/E ratio of 31.34 and a beta of 1.40.

Insider Transactions at Ducommun

In related news, Director Robert C. Ducommun sold 1,000 shares of the firm’s stock in a transaction dated Thursday, December 5th. The shares were sold at an average price of $69.50, for a total value of $69,500.00. Following the transaction, the director now owns 409,900 shares of the company’s stock, valued at approximately $28,488,050. This trade represents a 0.24 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 8.80% of the company’s stock.

Analyst Ratings Changes

A number of analysts have weighed in on the company. 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 target for the company. Truist Financial increased their price target on Ducommun from $80.00 to $82.00 and gave the stock a “buy” rating in a report on Tuesday, January 14th. Finally, StockNews.com raised shares of Ducommun from a “buy” rating to a “strong-buy” rating in a research report 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.