Truist Financial Forecasts Strong Price Appreciation for Ducommun (NYSE:DCO) Stock

Ducommun (NYSE:DCOGet Free Report) had its price target increased by stock analysts at Truist Financial from $124.00 to $136.00 in a report released on Friday,Benzinga reports. The firm currently has a “buy” rating on the aerospace company’s stock. Truist Financial’s target price points to a potential upside of 11.35% from the company’s previous close.

Several other research firms also recently weighed in on DCO. B. Riley Financial reissued a “buy” rating on shares of Ducommun in a research report on Wednesday, January 28th. Wall Street Zen downgraded shares of Ducommun from a “strong-buy” rating to a “buy” rating in a report on Sunday, February 15th. The Goldman Sachs Group boosted their price objective on shares of Ducommun from $117.00 to $132.00 and gave the company a “buy” rating in a research report on Tuesday, January 20th. Citigroup raised their target price on shares of Ducommun from $110.00 to $125.00 and gave the stock a “buy” rating in a research report on Tuesday, January 13th. Finally, Royal Bank Of Canada lifted their target price on shares of Ducommun from $100.00 to $142.00 and gave the stock an “outperform” rating in a research note on Friday, February 20th. Five investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $133.75.

View Our Latest Stock Analysis on DCO

Ducommun Price Performance

DCO traded down $0.27 during trading on Friday, reaching $122.14. 57,602 shares of the stock were exchanged, compared to its average volume of 156,602. Ducommun has a 1 year low of $51.76 and a 1 year high of $128.17. The company has a market capitalization of $1.83 billion, a price-to-earnings ratio of -52.19 and a beta of 1.05. The business’s 50 day moving average price is $111.80 and its two-hundred day moving average price is $99.18. The company has a debt-to-equity ratio of 0.33, a current ratio of 2.04 and a quick ratio of 1.46.

Ducommun (NYSE:DCOGet Free Report) last released its quarterly earnings data on Thursday, February 26th. The aerospace company reported $1.05 EPS for the quarter, topping the consensus estimate of $0.91 by $0.14. The business had revenue of $215.80 million for the quarter, compared to analyst estimates of $217.42 million. Ducommun had a negative net margin of 4.29% and a positive return on equity of 7.70%. The business’s revenue for the quarter was up 9.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.75 EPS. As a group, equities research analysts anticipate that Ducommun will post 3.21 earnings per share for the current year.

Insider Buying and Selling at Ducommun

In other Ducommun news, VP Jerry L. Redondo sold 2,000 shares of Ducommun stock in a transaction on Wednesday, December 10th. The shares were sold at an average price of $92.86, for a total value of $185,720.00. Following the transaction, the vice president owned 65,269 shares in the company, valued at $6,060,879.34. This trade represents a 2.97% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 8.90% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the company. Cornerstone Planning Group LLC grew its position in Ducommun by 6,725.0% during the third quarter. Cornerstone Planning Group LLC now owns 273 shares of the aerospace company’s stock valued at $26,000 after acquiring an additional 269 shares during the period. EverSource Wealth Advisors LLC raised its holdings in shares of Ducommun by 618.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 345 shares of the aerospace company’s stock worth $29,000 after purchasing an additional 297 shares during the period. Traub Capital Management LLC acquired a new position in shares of Ducommun in the 2nd quarter valued at about $35,000. Financial Consulate Inc. purchased a new stake in shares of Ducommun during the 3rd quarter worth about $48,000. Finally, Wealth Enhancement Advisory Services LLC acquired a new stake in Ducommun during the 3rd quarter worth approximately $63,000. 92.15% of the stock is owned by hedge funds and other institutional investors.

Ducommun News Summary

Here are the key news stories impacting Ducommun this week:

  • Positive Sentiment: Q4 earnings outperformed expectations — EPS $1.05 vs. consensus $0.91 and up from $0.75 year-ago; revenue grew ~9.4% YoY, showing underlying sales strength. Zacks: Ducommun Q4 Earnings Top Estimates
  • Positive Sentiment: Management emphasized growing defense content and recent defense contract wins that are shifting the company’s growth mix — analysts are raising targets on the stronger defense outlook. How The Ducommun (DCO) Story Is Shifting With Defense Deals And Higher Street Targets
  • Positive Sentiment: Earnings call and presentation highlighted record quarterly revenue and strategic investments to capture aerospace/defense opportunities, which supports medium-term growth expectations. Earnings Presentation
  • Neutral Sentiment: The company filed its full Q4 press release, slide deck and call transcript (useful for modeling backlog and segment dynamics). Press Release
  • Neutral Sentiment: Short interest rose ~19% in February to ~2.9% of the float, which can amplify share moves in either direction. (Data point reported pre-earnings.)
  • Negative Sentiment: Revenue missed Street expectations modestly — reported $215.8M vs. $217.4M expected — and the company still shows a negative net margin, which raised near-term execution concerns for some investors. Misses Q4 Sales Expectations
  • Negative Sentiment: Market reaction included intraday selling and commentary pointing to the revenue miss and margin/cash-flow questions as reasons for the pullback. Why Ducommun Shares Are Sliding

About Ducommun

(Get Free Report)

Ducommun Incorporated, through its Electronics and Structures segments, provides engineered products and integrated systems for the global aerospace, defense and space markets. The Electronics segment focuses on high-reliability electronic assemblies, cable and wire harnesses, connector systems and harsh environment electronics for flight-critical applications. In the Structures segment, Ducommun manufactures complex metallic and composite components such as flight control surfaces, skin panels, heat exchangers and other aerostructures for commercial and military platforms.

Founded in 1849 in California as a hardware and stagecoach parts supplier, Ducommun expanded into aerospace manufacturing during World War II and has since grown its capabilities through targeted acquisitions and organic investments.

Further Reading

Analyst Recommendations for Ducommun (NYSE:DCO)

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