Ducommun Incorporated (NYSE:DCO)‘s stock had its “hold” rating reiterated by Noble Financial in a research report issued on Friday.

DCO has been the subject of a number of other research reports. B. Riley reaffirmed a “neutral” rating and set a $32.50 price target on shares of Ducommun in a report on Tuesday, May 2nd. Zacks Investment Research raised shares of Ducommun from a “hold” rating to a “strong-buy” rating and set a $34.00 price target for the company in a report on Friday. Canaccord Genuity upped their price target on shares of Ducommun from $35.00 to $36.00 and gave the stock a “buy” rating in a report on Friday. Finally, BidaskClub downgraded shares of Ducommun from a “sell” rating to a “strong sell” rating in a report on Tuesday, July 25th. One research analyst has rated the stock with a sell rating, two have given a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $36.25.

Shares of Ducommun (NYSE:DCO) opened at 29.12 on Friday. The firm has a market cap of $328.15 million, a price-to-earnings ratio of 24.01 and a beta of 0.90. The stock’s 50 day moving average is $31.55 and its 200 day moving average is $30.58. Ducommun has a 12-month low of $18.70 and a 12-month high of $35.58.

Ducommun (NYSE:DCO) last issued its quarterly earnings results on Thursday, August 3rd. The aerospace company reported $0.33 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.30 by $0.03. Ducommun had a net margin of 2.54% and a return on equity of 7.62%. The company had revenue of $140.90 million during the quarter, compared to the consensus estimate of $138.39 million. During the same quarter in the prior year, the firm posted $0.34 EPS. The firm’s quarterly revenue was up 5.6% on a year-over-year basis. Equities analysts expect that Ducommun will post $1.33 earnings per share for the current year.

TRADEMARK VIOLATION NOTICE: “Ducommun Incorporated (NYSE:DCO) Rating Reiterated by Noble Financial” was reported by Daily Political and is the property of of Daily Political. If you are accessing this article on another domain, it was stolen and republished in violation of United States & international copyright & trademark legislation. The legal version of this article can be read at https://www.dailypolitical.com/2017/08/05/ducommun-incorporated-nysedco-rating-reiterated-by-noble-financial.html.

In related news, CEO Stephen G. Oswald acquired 10,000 shares of the company’s stock in a transaction that occurred on Thursday, June 29th. The stock was acquired at an average price of $28.56 per share, with a total value of $285,600.00. Following the purchase, the chief executive officer now directly owns 55,700 shares in the company, valued at $1,590,792. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Christopher D. Wampler sold 1,500 shares of the stock in a transaction that occurred on Thursday, June 1st. The shares were sold at an average price of $32.01, for a total transaction of $48,015.00. Following the completion of the transaction, the vice president now directly owns 9,514 shares of the company’s stock, valued at approximately $304,543.14. The disclosure for this sale can be found here. In the last three months, insiders sold 9,000 shares of company stock valued at $289,784. 8.20% of the stock is owned by insiders.

Institutional investors have recently modified their holdings of the stock. AQR Capital Management LLC increased its position in shares of Ducommun by 122.9% in the first quarter. AQR Capital Management LLC now owns 157,807 shares of the aerospace company’s stock valued at $4,543,000 after buying an additional 87,019 shares during the last quarter. James Investment Research Inc. acquired a new position in shares of Ducommun during the first quarter valued at about $2,772,000. State Street Corp boosted its position in shares of Ducommun by 2.5% in the fourth quarter. State Street Corp now owns 182,289 shares of the aerospace company’s stock valued at $4,659,000 after buying an additional 4,489 shares during the period. Alambic Investment Management L.P. boosted its position in shares of Ducommun by 18.9% in the first quarter. Alambic Investment Management L.P. now owns 15,100 shares of the aerospace company’s stock valued at $435,000 after buying an additional 2,400 shares during the period. Finally, Highbridge Capital Management LLC acquired a new position in shares of Ducommun during the first quarter valued at about $556,000. 80.97% of the stock is owned by institutional investors and hedge funds.

Ducommun Company Profile

Ducommun Incorporated is a global provider of engineering and manufacturing services for various products and failure applications used primarily in the aerospace, defense, industrial, natural resources, medical and other industries. The Company is a solution-based provider, offering a range of value-added products and services in its primary businesses of electronics, structures and integrated solutions.

Receive News & Ratings for Ducommun Incorporated Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ducommun Incorporated and related companies with MarketBeat.com's FREE daily email newsletter.