Ducommun Incorporated [DCO] Stock Forecast

Ducommun Incorporated (NYSE:DCO ) Q2 2023 Earnings Conference Call August 3, 2023 1:00 PM ET Company Participants Suman Mookerji - Senior Vice President, Chief Financial Officer, Controller and Treasurer Steve Oswald - Chairman, President and Chief Executive Officer Conference Call Participants Ken Herbert - RBC Capital Markets Jason Gursky - Citi Mike Crawford - B. Riley Securities Michael Ciarmoli - Truist Operator Good day and thank you for standing by.

SANTA ANA, Calif., July 25, 2023 (GLOBE NEWSWIRE) -- Ducommun Incorporated (NYSE: DCO) (“Ducommun” or the “Company”) today announced that it plans to release the Company's 2023 second quarter financial results on August 3, 2023, prior to the stock market opening. Stephen G. Oswald, the Company's chairman, president and chief executive officer, and Suman Mookerji, the Company's senior vice president, chief financial officer, controller and treasurer, will host a call that day at 10:00 a.m. PT (1:00 p.m. ET) to review these results.

Vladimir Putin invades Ukraine and sabre-rattles about nuclear weapons. Xi Jinping says he wants his military to be ready to invade Taiwan by 2027.

Ducommun's sales have recovered strongly in 2022 and are expected to continue increasing in 2023 and 2024. Margins remain stable despite ongoing headwinds and are expected to improve as the company is moving production capacity to a lower-cost location. The company's debt is highly manageable as it will sell two facilities and land, and annual savings derived from the restructuring process should more than offset increased interest expenses.

The most oversold stocks in the industrials sector presents an opportunity to buy into undervalued companies.

Overnight, Ducommun sold 2 million shares at $40 apiece, at the low end of its range and below the previous closing price. The company will use the proceeds to pay down the debt from a recent acquisition.

Ducommun Incorporated (NYSE:DCO ) Q1 2023 Earnings Conference Call May 4, 2023 1:00 PM ET Company Participants Suman Mookerji - Senior Vice President, Chief Financial Officer, Controller & Treasurer Steve Oswald - Chairman, President & Chief Executive Officer Conference Call Participants Ken Herbert - RBC Mike Crawford - B. Riley Securities Michael Ciarmoli - Truist Securities Operator Good day, ladies and gentlemen, and welcome to Ducommun's First Quarter 2023 Conference Call.

The average of price targets set by Wall Street analysts indicates a potential upside of 25.5% in Ducommun (DCO). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Ducommun (DCO) came out with quarterly earnings of $0.63 per share, beating the Zacks Consensus Estimate of $0.57 per share. This compares to earnings of $0.67 per share a year ago.

SANTA ANA, Calif., April 20, 2023 (GLOBE NEWSWIRE) -- Ducommun Incorporated (NYSE: DCO) (“Ducommun” or the “Company”) today announced that it plans to release the Company's 2023 first quarter financial results on May 4, 2023, prior to the stock market opening. Stephen G. Oswald, the Company's chairman, president and chief executive officer, and Christopher D. Wampler, the Company's vice president, chief financial officer, controller and treasurer, will host a call that day at 10:00 a.m. PT (1:00 p.m. ET) to review these results.

Ducommun Incorporated is a US stock , located in Santa ana of Ca and trading under the symbol DCO

1 stock analysts have 1 predictions with a medium analyst target price of $60. The lowest prediction is $60 and the highest is $60

Ducommun Incorporated stock price is $42.89 today.

Yes, Ducommun Incorporated is a publicly traded company.