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

Ducommun (NYSE:DCOGet Free Report) had its target price lifted by stock analysts at Truist Financial from $124.00 to $136.00 in a research note issued on Friday,Benzinga reports. The firm currently has a “buy” rating on the aerospace company’s stock. Truist Financial’s price objective indicates a potential upside of 10.12% from the company’s current price.

A number of other equities analysts have also recently issued reports on DCO. Citigroup increased their price target on Ducommun from $110.00 to $125.00 and gave the stock a “buy” rating in a report on Tuesday, January 13th. B. Riley Financial reiterated a “buy” rating on shares of Ducommun in a research report on Wednesday, January 28th. Zacks Research raised shares of Ducommun from a “strong sell” rating to a “hold” rating in a research note on Monday, December 8th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Ducommun in a research note on Monday, December 29th. Finally, The Goldman Sachs Group increased their price objective on shares of Ducommun from $117.00 to $132.00 and gave the stock a “buy” rating in a research report on Tuesday, January 20th. Five analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, Ducommun has an average rating of “Moderate Buy” and a consensus target price of $133.75.

Check Out Our Latest Stock Analysis on DCO

Ducommun Stock Performance

Shares of DCO opened at $123.51 on Friday. The company has a current ratio of 2.04, a quick ratio of 1.46 and a debt-to-equity ratio of 0.33. The firm’s fifty day simple moving average is $112.38 and its two-hundred day simple moving average is $99.46. Ducommun has a 12 month low of $51.76 and a 12 month high of $128.17. The stock has a market capitalization of $1.85 billion, a P/E ratio of -53.47 and a beta of 1.05.

Ducommun (NYSE:DCOGet Free Report) last announced its quarterly earnings data on Thursday, February 26th. The aerospace company reported $1.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.91 by $0.14. Ducommun had a positive return on equity of 8.41% and a negative net margin of 4.11%.The company had revenue of $215.80 million for the quarter, compared to the consensus estimate of $217.42 million. During the same period in the previous year, the business earned $0.75 EPS. The firm’s revenue was up 9.4% compared to the same quarter last year. As a group, analysts predict that Ducommun will post 3.21 EPS for the current year.

Insider Activity

In other Ducommun news, VP Jerry L. Redondo sold 2,000 shares of the business’s stock in a transaction on Wednesday, December 10th. The stock was sold at an average price of $92.86, for a total value of $185,720.00. Following the sale, the vice president directly owned 65,269 shares in the company, valued at $6,060,879.34. The trade was a 2.97% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 8.90% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Ducommun

A number of institutional investors have recently added to or reduced their stakes in the business. Wealth Enhancement Advisory Services LLC boosted its stake in Ducommun by 16.4% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 759 shares of the aerospace company’s stock worth $72,000 after buying an additional 107 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in shares of Ducommun by 3.8% in the third quarter. Envestnet Asset Management Inc. now owns 3,236 shares of the aerospace company’s stock worth $311,000 after purchasing an additional 117 shares during the last quarter. Panagora Asset Management Inc. increased its holdings in Ducommun by 0.9% during the 2nd quarter. Panagora Asset Management Inc. now owns 13,027 shares of the aerospace company’s stock valued at $1,076,000 after purchasing an additional 119 shares during the period. CWM LLC raised its position in Ducommun by 27.7% during the 2nd quarter. CWM LLC now owns 687 shares of the aerospace company’s stock valued at $57,000 after purchasing an additional 149 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its holdings in Ducommun by 2.3% in the 3rd quarter. Ameriprise Financial Inc. now owns 6,836 shares of the aerospace company’s stock worth $657,000 after buying an additional 153 shares during the period. 92.15% of the stock is currently owned by institutional investors.

Key Ducommun News

Here are the key news stories impacting Ducommun this week:

  • Positive Sentiment: Truist raised its price target to $136 and initiated/maintained a Buy view, citing the company’s stronger defense positioning and growth outlook — this gives analysts-driven upside for the stock. Benzinga
  • Positive Sentiment: Q4 results: Ducommun reported $1.05 EPS vs. $0.91 expected and revenue was up 9.4% year-over-year — earnings beat supports valuation and shows operating leverage versus last year. GlobeNewswire: Q4 Results
  • Positive Sentiment: Analyst and press coverage frames Ducommun’s story as shifting toward larger defense deals and higher street targets, which is helping sentiment and multiple expansion potential. Yahoo Finance: How The Ducommun Story Is Shifting
  • Neutral Sentiment: Company materials and calls are available (earnings presentation, transcript, slide deck) — useful for investors wanting detail on backlog, margins and defense program timing. Seeking Alpha: Q4 Presentation
  • Negative Sentiment: Revenue narrowly missed consensus ($215.8M vs. $217.4M estimate); some headlines flagged the sales miss as a reason for intraday weakness despite the EPS beat. That mixed print explains part of the stock’s volatility. Yahoo Finance: Misses Q4 Sales Expectations
  • Negative Sentiment: Short interest has risen (~19% month-over-month to ~393k shares, ~2.9% of float), increasing the risk of short-driven price swings and amplifying reaction to any mixed headlines. (Data entry summarizing short-interest change.)
  • Negative Sentiment: Several outlets ran stories explaining why shares slid intraday following the report — highlighting the revenue miss and investor focus on margin/net items despite the EPS beat. Yahoo Finance: Why Shares Are Sliding

Ducommun Company Profile

(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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