Ducommun (DCO) Scheduled to Post Quarterly Earnings on Wednesday

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

Ducommun (NYSE:DCO) last posted its quarterly earnings results on Thursday, February 15th. The aerospace company reported $0.70 earnings per share for the quarter, beating the consensus estimate of $0.59 by $0.11. The business had revenue of $192.23 million for the quarter, compared to the consensus estimate of $193.24 million. Ducommun had a return on equity of 5.94% and a net margin of 2.10%. On average, analysts expect Ducommun to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Ducommun Stock Down 0.1 %

Ducommun stock opened at $54.09 on Wednesday. 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 business’s 50-day simple moving average is $51.06 and its two-hundred day simple moving average is $50.27. The company has a market cap of $791.88 million, a PE ratio of 47.04 and a beta of 1.28. Ducommun has a fifty-two week low of $40.24 and a fifty-two week high of $58.19.

Analysts Set New Price Targets

Several analysts have weighed in on the company. Royal Bank of Canada reiterated an “outperform” rating and set a $60.00 price target on shares of Ducommun in a research note on Friday, February 16th. Truist Financial dropped 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. Finally, B. Riley reiterated a “buy” rating and set a $72.00 price target on shares of Ducommun in a research note on Friday, February 16th. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $62.80.

Ducommun Company Profile

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.