Ducommun Incorporated Rating Lowered to Hold at BB&T (DCO)

By admin | 6 years ago

Ducommun Incorporated (NYSE: DCO) was downgraded by BB&T (NYSE: BBT) from a “buy” rating to a “hold” rating in a research note issued on Wednesday.

Separately, analysts at Wedbush reiterated an “outperform” rating on shares of Ducommun Incorporated in a research note to investors on Wednesday, March 7th.

Shares of Ducommun Incorporated traded up 3.83% during mid-day trading on Wednesday, hitting $9.48. Ducommun Incorporated has a 52 week low of $8.93 and a 52 week high of $23.54. The company’s market cap is $100.1 million.

Ducommun Incorporated last announced its earnings results on Monday, May 7th. The company reported $0.23 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.31 by $0.08. The company’s revenue for the quarter was up 85.0% on a year-over-year basis. On average, analysts predict that Ducommun Incorporated will post $0.43 earnings per share next quarter.

Ducommun Incorporated (Ducommun), through its subsidiaries, designs, engineers and manufactures aerostructure and electromechanical components and subassemblies, and provides engineering, technical and program management services for the aerospace industry.

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