ValuEngine upgraded shares of Ducommun Incorporated (NYSE:DCO) from a hold rating to a buy rating in a research report report published on Monday morning.

Several other brokerages have also recently commented on DCO. BidaskClub cut Ducommun from a sell rating to a strong sell rating in a research report on Tuesday, July 25th. Zacks Investment Research cut Ducommun from a strong-buy rating to a hold rating in a research report on Tuesday, August 8th. Noble Financial reaffirmed a hold rating on shares of Ducommun in a research report on Friday, August 4th. Canaccord Genuity reaffirmed a buy rating and issued a $35.00 target price on shares of Ducommun in a research report on Thursday, June 22nd. Finally, B. Riley reaffirmed a buy rating and issued a $40.00 target price on shares of Ducommun in a research report on Sunday, August 6th. One analyst has rated the stock with a sell rating, three have issued a hold rating and four have given a buy rating to the company. The company has a consensus rating of Hold and a consensus price target of $36.25.

Ducommun (NYSE DCO) traded up 0.70% during trading on Monday, reaching $28.87. The company had a trading volume of 22,116 shares. The stock has a market cap of $326.78 million, a PE ratio of 24.02 and a beta of 0.80. The company has a 50-day moving average price of $28.35 and a 200 day moving average price of $30.16. Ducommun has a 52-week low of $18.70 and a 52-week high of $35.58.

Ducommun (NYSE:DCO) last issued its earnings results on Thursday, August 3rd. The aerospace company reported $0.33 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.30 by $0.03. The business had revenue of $140.90 million during the quarter, compared to analysts’ expectations of $138.39 million. Ducommun had a return on equity of 7.49% and a net margin of 2.50%. Ducommun’s revenue was up 5.6% compared to the same quarter last year. During the same quarter last year, the firm posted $0.34 earnings per share. On average, analysts anticipate that Ducommun will post $1.32 earnings per share for the current year.

COPYRIGHT VIOLATION NOTICE: This report was published by Daily Political and is the sole property of of Daily Political. If you are reading this report on another domain, it was copied illegally and republished in violation of U.S. and international copyright legislation. The legal version of this report can be read at https://www.dailypolitical.com/2017/09/15/ducommun-incorporated-dco-upgraded-by-valuengine-to-buy.html.

In related news, Director Anthony J. Reardon sold 1,996 shares of Ducommun stock in a transaction on Tuesday, September 5th. The stock was sold at an average price of $27.65, for a total transaction of $55,189.40. Following the completion of the sale, the director now owns 117,602 shares of the company’s stock, valued at $3,251,695.30. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CEO Stephen G. Oswald acquired 10,000 shares of Ducommun stock in a transaction that occurred on Thursday, June 29th. The shares were purchased at an average cost of $28.56 per share, with a total value of $285,600.00. Following the transaction, the chief executive officer now owns 55,700 shares of the company’s stock, valued at approximately $1,590,792. The disclosure for this purchase can be found here. In the last three months, insiders have sold 24,223 shares of company stock valued at $704,150. Insiders own 8.20% of the company’s stock.

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Teachers Advisors LLC raised its holdings in Ducommun by 25.0% during the fourth quarter. Teachers Advisors LLC now owns 19,804 shares of the aerospace company’s stock valued at $506,000 after buying an additional 3,956 shares in the last quarter. Wells Fargo & Company MN raised its holdings in Ducommun by 39.6% during the first quarter. Wells Fargo & Company MN now owns 73,453 shares of the aerospace company’s stock valued at $2,115,000 after buying an additional 20,854 shares in the last quarter. LSV Asset Management raised its holdings in Ducommun by 7.9% during the first quarter. LSV Asset Management now owns 292,312 shares of the aerospace company’s stock valued at $8,415,000 after buying an additional 21,425 shares in the last quarter. Bank of New York Mellon Corp raised its holdings in Ducommun by 8.7% during the first quarter. Bank of New York Mellon Corp now owns 49,145 shares of the aerospace company’s stock valued at $1,415,000 after buying an additional 3,915 shares in the last quarter. Finally, Oxford Asset Management bought a new position in Ducommun during the first quarter valued at about $681,000. 81.16% of the stock is owned by hedge funds and other institutional investors.

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.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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.