Can Ducommun Incorporated (DCO)’s Tomorrow Be Different? The Stock Increases Again

Ducommun Incorporated (NYSE:DCO) Logo

Investors sentiment increased to 1.85 in Q2 2019. Its up 0.74, from 1.11 in 2019Q1. It increased, as 8 investors sold Ducommun Incorporated shares while 32 reduced holdings. 35 funds opened positions while 39 raised stakes. 9.39 million shares or 1.20% more from 9.28 million shares in 2019Q1 were reported.
Alphaone Invest Ser Ltd holds 0.64% of its portfolio in Ducommun Incorporated (NYSE:DCO) for 18,215 shares. Atria Invests Ltd Liability Corporation has 0.02% invested in Ducommun Incorporated (NYSE:DCO). Cornercap Counsel reported 20,920 shares or 0.12% of all its holdings. First Tru Advsrs Limited Partnership reported 18,946 shares or 0% of all its holdings. Millennium Mgmt Ltd Llc holds 153,753 shares or 0.01% of its portfolio. Wells Fargo & Company Mn holds 0% of its portfolio in Ducommun Incorporated (NYSE:DCO) for 131,115 shares. Strs Ohio, Ohio-based fund reported 14,700 shares. Griffin Asset Mgmt reported 1,450 shares or 0.01% of all its holdings. Geode Capital Management Limited Liability Corp reported 0% stake. Great West Life Assurance Can owns 1,350 shares. Bnp Paribas Arbitrage Sa stated it has 0% in Ducommun Incorporated (NYSE:DCO). Moreover, Invesco Limited has 0% invested in Ducommun Incorporated (NYSE:DCO) for 68,229 shares. Renaissance Techs Limited Co reported 0.03% in Ducommun Incorporated (NYSE:DCO). Manufacturers Life Insur The invested 0% in Ducommun Incorporated (NYSE:DCO). Prudential Finance reported 0% stake.

The stock of Ducommun Incorporated (NYSE:DCO) is a huge mover today! The stock increased 5.52% or $2.43 during the last trading session, reaching $46.45. About 183,777 shares traded or 100.94% up from the average. Ducommun Incorporated (NYSE:DCO) has risen 29.06% since September 13, 2018 and is uptrending. It has outperformed by 29.06% the S&P500.
The move comes after 5 months positive chart setup for the $529.76 million company. It was reported on Sep, 13 by Barchart.com. We have $50.17 PT which if reached, will make NYSE:DCO worth $42.38 million more.

Analysts await Ducommun Incorporated (NYSE:DCO) to report earnings on November, 4. They expect $0.61 EPS, up 15.09 % or $0.08 from last year’s $0.53 per share. DCO’s profit will be $6.96M for 19.04 P/E if the $0.61 EPS becomes a reality. After $0.66 actual EPS reported by Ducommun Incorporated for the previous quarter, Wall Street now forecasts -7.58 % negative EPS growth.

Ducommun Incorporated (NYSE:DCO) Ratings Coverage

Among 3 analysts covering Ducommun (NYSE:DCO), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Ducommun has $50 highest and $4500 lowest target. $48.33’s average target is 4.05% above currents $46.45 stock price. Ducommun had 8 analyst reports since March 15, 2019 according to SRatingsIntel. The stock of Ducommun Incorporated (NYSE:DCO) earned “Outperform” rating by Noble Capital on Tuesday, August 6. SunTrust downgraded Ducommun Incorporated (NYSE:DCO) on Friday, June 14 to “Hold” rating. The firm has “Buy” rating by Canaccord Genuity given on Monday, March 25.

More notable recent Ducommun Incorporated (NYSE:DCO) news were published by: Globenewswire.com which released: “Ducommun Reports Results for the Fourth Quarter Ended December 31, 2018 – GlobeNewswire” on February 28, 2019, also Globenewswire.com with their article: “Ducommun Closes on Strategic Acquisition NYSE:DCO – GlobeNewswire” published on September 11, 2017, Finance.Yahoo.com published: “Ducommun (DCO) Q2 2019 Earnings Call Transcript – Yahoo Finance” on August 05, 2019. More interesting news about Ducommun Incorporated (NYSE:DCO) were released by: Globenewswire.com and their article: “Ducommun Celebrates its 170th Anniversary, Recognized as the Oldest Company in California – GlobeNewswire” published on August 29, 2019 as well as Finance.Yahoo.com‘s news article titled: “Does The Ducommun Incorporated (NYSE:DCO) Share Price Fall With The Market? – Yahoo Finance” with publication date: June 11, 2019.

Ducommun Incorporated provides engineering and manufacturing services and products primarily to the aerospace, defense, industrial, natural resources, medical, and other industries in the United States. The company has market cap of $529.76 million. The firm operates through two divisions, Electronic Systems and Structural Systems (SS). It has a 27.15 P/E ratio. The ES segment offers cable assemblies and interconnect systems; printed circuit board assemblies; higher-level electronic, electromechanical, and mechanical assemblies; radar enclosures; aircraft avionics racks; shipboard communications and control enclosures; wire harnesses; and other high-level complex assemblies.

Ducommun Incorporated (NYSE:DCO) Institutional Positions Chart

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