What Next for Ducommun Incorporated (DCO) Stock After Today’s Big Increase?

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.
Martingale Asset Mgmt Limited Partnership invested 0.03% of its portfolio in Ducommun Incorporated (NYSE:DCO). Dalton Greiner Hartman Maher & Company owns 127,442 shares or 0.53% of their US portfolio. Victory Capital reported 54,350 shares. New York-based Alliancebernstein Limited Partnership has invested 0% in Ducommun Incorporated (NYSE:DCO). Franklin Res owns 91,485 shares. Moreover, State Board Of Administration Of Florida Retirement Systems has 0% invested in Ducommun Incorporated (NYSE:DCO) for 6,721 shares. Aqr Management Ltd Liability Corp holds 0.01% or 119,593 shares. Cubist Systematic Strategies Ltd Llc has invested 0.01% in Ducommun Incorporated (NYSE:DCO). Meeder Asset Mgmt holds 0.01% of its portfolio in Ducommun Incorporated (NYSE:DCO) for 1,814 shares. The Ohio-based James Investment has invested 0% in Ducommun Incorporated (NYSE:DCO). Atria Limited Liability Corp accumulated 40,956 shares or 0.02% of the stock. Dorsey Wright & Associates owns 304 shares. Ameriprise Finance invested 0% in Ducommun Incorporated (NYSE:DCO). Jpmorgan Chase & Com holds 0% or 2,948 shares in its portfolio. Arrowstreet Cap Ltd Partnership holds 17,346 shares or 0% of its portfolio.

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 $6.96 million 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. Noble Capital upgraded Ducommun Incorporated (NYSE:DCO) rating on Tuesday, August 6. Noble Capital has “Outperform” rating and $5000 target. The firm has “Buy” rating given on Monday, March 25 by Canaccord Genuity. The firm earned “Hold” rating on Friday, June 14 by SunTrust.

More notable recent Ducommun Incorporated (NYSE:DCO) news were published by: Globenewswire.com which released: “Ducommun Closes on Strategic Acquisition NYSE:DCO – GlobeNewswire” on September 11, 2017, also Benzinga.com with their article: “10 Biggest Price Target Changes For Friday – Benzinga” published on June 14, 2019, Finance.Yahoo.com published: “Should We Be Cautious About Ducommun Incorporated’s (NYSE:DCO) ROE Of 7.4%? – Yahoo Finance” on September 07, 2019. More interesting news about Ducommun Incorporated (NYSE:DCO) were released by: Globenewswire.com and their article: “Ducommun Announces Second Quarter Conference Call NYSE:DCO – GlobeNewswire” published on July 16, 2019 as well as Globenewswire.com‘s news article titled: “Ducommun Announces New Credit Facility NYSE:DCO – GlobeNewswire” with publication date: November 26, 2018.

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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