Ducommun (DCO) Set to Announce Earnings on Wednesday

Ducommun (NYSE:DCO) will be issuing its quarterly earnings data before the market opens on Wednesday, May 8th. Analysts expect the company to announce earnings of $0.52 per share for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

Ducommun (NYSE:DCO) last posted its quarterly earnings data on Thursday, February 15th. The aerospace company reported $0.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.59 by $0.11. Ducommun had a return on equity of 5.94% and a net margin of 2.10%. The firm had revenue of $192.23 million for the quarter, compared to the consensus estimate 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 Stock Up 1.5 %

NYSE:DCO opened at $55.90 on Monday. The stock’s fifty day moving average price is $51.42 and its two-hundred day moving average price is $50.44. Ducommun has a 52-week low of $40.24 and a 52-week high of $58.19. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.91 and a current ratio of 2.99. The company has a market cap of $818.38 million, a price-to-earnings ratio of 48.61 and a beta of 1.26.

Analyst Upgrades and Downgrades

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