Ducommun
About: Ducommun Inc provides engineering & manufacturing services for high-performance products & high-cost-of failure applications used primarily in the aerospace and defense, industrial, medical & other industries. The company's reportable segments are Structural Systems & Electronic Systems. Structural Systems designs, engineers and manufactures various sizes of complex contoured aerostructure components and assemblies and supplies composite and metal bonded structures and assemblies. Electronic Systems designs, engineers and manufactures high-reliability electronic and electromechanical products used in worldwide technology-driven markets including A&D and Industrial end-use markets. It generates maximum of its revenue from the Electronic Systems.
Employees: 2,265
0
Funds holding %
of 6,823 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
143% more call options, than puts
Call options by funds: $112K | Put options by funds: $46K
127% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 11
14% more capital invested
Capital invested by funds: $667M [Q2] → $759M (+$92.5M) [Q3]
9% more funds holding
Funds holding: 135 [Q2] → 147 (+12) [Q3]
0.17% more ownership
Funds ownership: 78.37% [Q2] → 78.54% (+0.17%) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 4 [Q2] → 4 (+0) [Q3]
6% less repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 50
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$82
17%
upside
Avg. target
$82
17%
upside
High target
$82
17%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
Truist Securities Michael Ciarmoli 78% 1-year accuracy 47 / 60 met price target | 17%upside $82 | Buy Maintained | 14 Jan 2025 |
Financial journalist opinion
Positive
Zacks Investment Research
6 hours ago
Why Ducommun (DCO) is Poised to Beat Earnings Estimates Again
Ducommun (DCO) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Neutral
GlobeNewsWire
2 weeks ago
Ducommun Incorporated Announces Award of Patriot Conduit Harness Order from Bayern-Chemie GmbH
COSTA MESA, Calif., Jan. 06, 2025 (GLOBE NEWSWIRE) -- Ducommun Incorporated (NYSE: DCO) (“Ducommun” or the “Company”), a global supplier of Engineered Products and niche manufacturing services for the aerospace and defense industry, is proud to announce the receipt of a major award for Bayern-Chemie's Patriot GEM-T rocket motors. This award represents Ducommun's first order with Bayern-Chemie as a new customer for electronic cable assemblies that will be incorporated into the Patriot GEM-T rocket motor and will be produced at the Company's world-class engineering and manufacturing performance center in Joplin, Missouri.
Positive
MarketBeat
1 month ago
Top 3 Aerospace and Defense Stocks Flying Under the Radar
In the final weeks of 2024, so-called electric vertical takeoff and landing (eVTOL) companies like Archer Aviation Inc. NYSE: ACHR have dominated the headlines. Archer and some of its rivals are racing to bring to market an affordable, convenient lineup of air mobility products.
Neutral
GlobeNewsWire
1 month ago
Ducommun Incorporated named Gold ‘Partner2Win' Medallion Winner by BAE Systems at its Sixth Annual ‘Partner2Win' Supplier Symposium
COSTA MESA, Calif., Dec. 09, 2024 (GLOBE NEWSWIRE) -- Ducommun Incorporated (NYSE: DCO) (“Ducommun” or the “Company”), a global supplier of value-added innovative electronic and structural products and manufacturing solutions for the aerospace and defense industry, announced today that it received a Gold ‘Partner2Win' medallion at BAE Systems' suppler symposium on November 12, 2024, for its exceptional performance and commitment to operational excellence this year. Ducommun's contributions to supply chain success helped BAE Systems ensure quality, on-time deliveries to customers.
Neutral
GlobeNewsWire
1 month ago
Ducommun to Participate in Goldman Sachs Industrials and Materials Conference
COSTA MESA, Calif., Dec. 02, 2024 (GLOBE NEWSWIRE) -- Ducommun Incorporated (NYSE: DCO) (“Ducommun” or the “Company”) announced today that Stephen G. Oswald, the Company's chairman, president and chief executive officer will participate in the upcoming Goldman Sachs Industrials and Materials Conference on December 4, 2024. A general presentation will be held at 10:00 a.m. Eastern, with one-on-one investor meetings scheduled throughout the day.
Positive
Seeking Alpha
1 month ago
Ducommun: More Upside On Boeing And Airbus Ramp Up
Ducommun has reached my 2025 price target, prompting a reassessment of its upside potential and current valuation. The company is well-positioned in both commercial and defense markets, with growing exposure and increasing shipset values. Ducommun posted record revenues, with significant growth in operating income and adjusted EBITDA, driven by strong military and space applications.
Positive
Seeking Alpha
1 month ago
Ducommun: Revenue Growth, Airbus Strength, And Vision 2027 Progress
Ducommun reported 2.6% revenue growth, driven by military, space, and Airbus programs. Margins improved, with adjusted EBITDA margin expanding to 15.8% and adjusted EPS up 41%. Robust performance in Airbus A220 and A320 programs offset challenges from Boeing's strike. Boeing's recovery is expected to support growth in 2025-2026, especially for the 737 MAX and 787. Facility consolidations and operational streamlining are delivering initial savings, with projected annual savings of $11-13M. Defense backlog increased to $592M, driven by demand for TOW missiles and surveillance.
Neutral
Seeking Alpha
2 months ago
Ducommun Incorporated (DCO) Q3 2024 Earnings Call Transcript
Ducommun Incorporated (NYSE:DCO ) Q3 2024 Results Conference Call November 7, 2024 1:00 PM ET Company Participants Suman Mookerji - Vice President and Chief Financial Officer Steve Oswald - Chairman, President and Chief Executive Officer Conference Call Participants Mike Crawford - B. Riley Securities Jason Gursky - Citi Michael Ciarmoli - Truist Securities Operator Good day, and thank you for standing by.
Positive
Zacks Investment Research
2 months ago
Ducommun (DCO) Beats Q3 Earnings and Revenue Estimates
Ducommun (DCO) came out with quarterly earnings of $0.99 per share, beating the Zacks Consensus Estimate of $0.65 per share. This compares to earnings of $0.70 per share a year ago.
Neutral
GlobeNewsWire
2 months ago
Ducommun Appoints Daniel G. Korte and Daniel L.
New Directors Provide Operational and Financial Expertise in the A&D Sector and Have Strong Track Records of Creating Value for Shareholders
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