Media headlines about Ducommun (NYSE:DCO) have been trending somewhat negative on Friday, according to AlphaOne Sentiment. AlphaOne, a unit of Accern, identifies positive and negative media coverage by monitoring more than 20 million news and blog sources in real time. AlphaOne ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Ducommun earned a media sentiment score of -0.05 on AlphaOne’s scale. AlphaOne also assigned news articles about the aerospace company an impact score of 36 out of 100, indicating that recent media coverage is unlikely to have an effect on the company’s share price in the near future.
A number of equities research analysts have recently weighed in on the company. B. Riley restated a “neutral” rating and set a $32.50 target price on shares of Ducommun in a research report on Saturday, March 11th. FBR & Co boosted their target price on Ducommun from $30.00 to $35.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 7th. Canaccord Genuity restated a “buy” rating and set a $28.00 target price on shares of Ducommun in a research report on Thursday, January 5th. Finally, Zacks Investment Research downgraded Ducommun from a “buy” rating to a “hold” rating in a research report on Tuesday, February 7th. One analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $33.38.
Ducommun (NYSE:DCO) traded down 3.47% during midday trading on Friday, hitting $29.45. The stock had a trading volume of 89,820 shares. Ducommun has a 52 week low of $15.53 and a 52 week high of $33.65. The company’s 50-day moving average price is $28.99 and its 200 day moving average price is $26.95. The company has a market capitalization of $329.69 million, a PE ratio of 13.15 and a beta of 1.09.
Ducommun (NYSE:DCO) last posted its quarterly earnings data on Monday, March 6th. The aerospace company reported $0.45 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.45. Ducommun had a positive return on equity of 7.00% and a negative net margin of 7.29%. The firm earned $142.49 million during the quarter, compared to analyst estimates of $140.12 million. During the same period last year, the company posted ($5.74) EPS. The business’s quarterly revenue was down 9.0% on a year-over-year basis. On average, analysts expect that Ducommun will post $1.46 EPS for the current year.
In other news, VP James S. Heiser sold 1,858 shares of Ducommun stock in a transaction dated Friday, March 17th. The stock was sold at an average price of $29.10, for a total value of $54,067.80. Following the completion of the transaction, the vice president now directly owns 12,892 shares of the company’s stock, valued at approximately $375,157.20. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Stephen G. Oswald acquired 3,700 shares of the stock in a transaction dated Tuesday, March 21st. The stock was acquired at an average cost of $27.89 per share, with a total value of $103,193.00. Following the completion of the transaction, the chief executive officer now owns 24,700 shares in the company, valued at approximately $688,883. The disclosure for this purchase can be found here. Over the last three months, insiders bought 28,400 shares of company stock valued at $792,274 and sold 8,431 shares valued at $241,656. Company insiders own 9.10% of the company’s stock.
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.
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