Ducommun (DCO) Gets a Buy Rating from RBC Capital

RBC Capital analyst Kenneth Herbert maintained a Buy rating on Ducommun (DCOResearch Report) on February 23 and set a price target of $62.00. The company’s shares closed last Friday at $49.07.

According to TipRanks.com, Herbert is a 5-star analyst with an average return of 21.8% and a 65.9% success rate. Herbert covers the Technology sector, focusing on stocks such as Spirit AeroSystems, Maxar Technologies, and Mercury Systems.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Ducommun with a $62.00 average price target.

See today’s best-performing stocks on TipRanks >>

Based on Ducommun’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $163 million and net profit of $9.58 million. In comparison, last year the company earned revenue of $150 million and had a net profit of $6.5 million.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Ducommun, Inc. engages in the provision of engineering and manufacturing services to the aerospace, defence, industrial, and medical industries. It operates through the Electronic Systems and Structural Systems business segment. The Electronic Systems segment offers electronic and electromechanical products used in worldwide technology-driven markets. The Structural Systems segment designs, engineers and manufactures contoured aero structure components, assemblies and supplies composite and metal bonded structures. Its products include commercial, military fixed-wing, and military and commercial rotary-wing aircrafts. The firm’s products include human machine interface, RF products, and motors and resolvers. The company was founded by Charles Louis Ducommun in 1849 and is headquartered in Santa Ana, CA.

Read More on DCO:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More

Latest News Feed