Ducommun Incorporated Stock Today
| DCO Stock | USD 55.38 0.54 0.98% |
Performance7 of 100
| Odds Of DistressLess than 5
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Ducommun Incorporated is selling at 55.38 as of the 16th of April 2024; that is 0.98 percent increase since the beginning of the trading day. The stock's open price was 54.84. Ducommun Incorporated has under 5 % chance of experiencing financial distress over the next 2 years but had a somewhat ok performance during the last 90 days. Equity ratings for Ducommun Incorporated are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 16th of February 2024 and ending today, the 16th of April 2024. Click here to learn more.
Business Domain Capital Goods | IPO Date 3rd of May 1973 | Category Industrials |
Ducommun Incorporated provides engineering and manufacturing products and services primarily to the aerospace and defense, industrial, medical, and other industries in the United States. The company was founded in 1849 and is headquartered in Santa Ana, California. The company has 14.64 M outstanding shares of which 215.39 K shares are currently shorted by investors with about 2.62 days to cover. More on Ducommun Incorporated
Moving against Ducommun Stock
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Follow Valuation Options Odds of Bankruptcy
Financial Report 2nd of May 2024
Ducommun Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Ducommun Incorporated's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Ducommun Incorporated or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | Stephen Oswald | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Ideas | (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Aerospace & Defense, Industrials, NYSE Composite, Aircraft, Military Industrial, Industrials, Aerospace & Defense, Aerospace & Defense, Industrials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Ducommun Incorporated report their recommendations after researching Ducommun Incorporated's financial statements, talking to executives and customers, or listening in on Ducommun Incorporated's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Ducommun Incorporated. The Ducommun consensus assessment is calculated by taking the average forecast from all of the analysts covering Ducommun Incorporated. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the measurements of operating efficiency obtained from Ducommun Incorporated's historical financial statements, Ducommun Incorporated may be sliding down financialy. It has an above-average chance of going through some form of financial crunch next quarter. Financial strength of Ducommun Incorporated is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Ducommun Incorporated's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Ducommun Incorporated's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Ducommun Incorporated's financial leverage. It provides some insight into what part of Ducommun Incorporated's total assets is financed by creditors.
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Ducommun Incorporated (DCO) is traded on New York Stock Exchange in USA. It is located in 200 Sandpointe Avenue, Santa Ana, CA, United States, 92707-5759 and employs 2,265 people. Ducommun Incorporated is listed under Aerospace & Defense category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 810.83 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Ducommun Incorporated's market, we take the total number of its shares issued and multiply it by Ducommun Incorporated's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Ducommun Incorporated runs under Aerospace & Defense sector within Industrials industry. The entity has 14.64 M outstanding shares of which 215.39 K shares are currently shorted by investors with about 2.62 days to cover.
Ducommun Incorporated has about 46.25 M in cash with 31.07 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.11.
Check Ducommun Incorporated Probability Of Bankruptcy
Ownership AllocationDucommun Incorporated retains a total of 14.64 Million outstanding shares. The majority of Ducommun Incorporated outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in Ducommun Incorporated to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Ducommun Incorporated. Please pay attention to any change in the institutional holdings of Ducommun Incorporated as this could imply that something significant has changed or is about to change at the company. Also note that almost eight hundred seventy-eight thousand four hundred seventy-two invesors are currently shorting Ducommun Incorporated expressing very little confidence in its future performance.
Check Ducommun Ownership Details
Ducommun Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of Ducommun Incorporated jumping above the current price in 90 days from now is near 1%. The Ducommun Incorporated probability density function shows the probability of Ducommun Incorporated stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.3946 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Ducommun Incorporated will likely underperform. Additionally, ducommun Incorporated has an alpha of 0.1013, implying that it can generate a 0.1 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Ducommun Incorporated to move above the current price in 90 days from now is near 1 (This Ducommun Incorporated probability density function shows the probability of Ducommun Stock to fall within a particular range of prices over 90 days) .
Ducommun Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Ducommun Incorporated that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Ducommun Incorporated's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Ducommun Incorporated's value.| Instituion | Recorded On | Shares | |
| Geode Capital Management, Llc | 2023-12-31 | 289 K | |
| Gw&k Investment Management, Llc | 2023-12-31 | 263.1 K | |
| Kennedy Capital Management Inc | 2023-12-31 | 257.8 K | |
| Wasatch Advisors Inc. | 2023-12-31 | 232.8 K | |
| Royce & Associates, Lp | 2023-12-31 | 231 K | |
| Wellington Management Company Llp | 2023-12-31 | 207.7 K | |
| Arnhold & S. Bleichroeder Advisers, Llc | 2023-12-31 | 204 K | |
| Meros Investment Management, Lp | 2023-12-31 | 191.9 K | |
| Hood River Capital Management Llc | 2023-12-31 | 189.1 K | |
| Blackrock Inc | 2023-12-31 | 1.6 M | |
| Paradigm Capital Management, Inc. | 2023-12-31 | 1.4 M |
Ducommun Incorporated Historical Income Statement
Ducommun Incorporated Income Statement is one of the three primary financial statements used for reporting Ducommun's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Ducommun Incorporated revenue and expense. Ducommun Incorporated Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Ducommun Incorporated's Total Operating Expenses is very stable compared to the past year. As of the 16th of April 2024, Net Income From Continuing Ops is likely to grow to about 19 M, while Total Revenue is likely to drop about 395.2 M. View More FundamentalsDucommun Stock Against Markets
Picking the right benchmark for Ducommun Incorporated stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Ducommun Incorporated stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Ducommun Incorporated is critical whether you are bullish or bearish towards Ducommun Incorporated at a given time. Please also check how Ducommun Incorporated's historical prices are related to one of the top price index indicators.
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Ducommun Incorporated Corporate Directors
Ducommun Incorporated corporate directors refer to members of a Ducommun Incorporated board of directors. The board of directors generally takes responsibility for the Ducommun Incorporated's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Ducommun Incorporated's board members must vote for the resolution. The Ducommun Incorporated board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Dean Flatt | Lead Independent Director | Profile | |
| Richard Baldridge | Independent Director | Profile | |
| Shirley Drazba | Independent Director | Profile | |
| Gregory Churchill | Independent Director | Profile |
How to buy Ducommun Stock?
Before investing in Ducommun Incorporated, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Ducommun Incorporated. To buy Ducommun Incorporated stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Ducommun Incorporated. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Ducommun Incorporated stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Ducommun Incorporated stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Ducommun Incorporated stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Ducommun Incorporated, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Ducommun Stock please use our How to Invest in Ducommun Incorporated guide.
Already Invested in Ducommun Incorporated?
The danger of trading Ducommun Incorporated is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Ducommun Incorporated is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Ducommun Incorporated. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Ducommun Incorporated is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Ducommun Incorporated offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ducommun Incorporated's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ducommun Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ducommun Incorporated Stock: Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ducommun Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in Ducommun Stock, please use our How to Invest in Ducommun Incorporated guide.Note that the Ducommun Incorporated information on this page should be used as a complementary analysis to other Ducommun Incorporated's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Complementary Tools for Ducommun Stock analysis
When running Ducommun Incorporated's price analysis, check to measure Ducommun Incorporated's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ducommun Incorporated is operating at the current time. Most of Ducommun Incorporated's value examination focuses on studying past and present price action to predict the probability of Ducommun Incorporated's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ducommun Incorporated's price. Additionally, you may evaluate how the addition of Ducommun Incorporated to your portfolios can decrease your overall portfolio volatility.
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Is Ducommun Incorporated's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ducommun Incorporated. If investors know Ducommun will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ducommun Incorporated listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.47) | Earnings Share 1.14 | Revenue Per Share 55.186 | Quarterly Revenue Growth 0.021 | Return On Assets 0.0263 |
The market value of Ducommun Incorporated is measured differently than its book value, which is the value of Ducommun that is recorded on the company's balance sheet. Investors also form their own opinion of Ducommun Incorporated's value that differs from its market value or its book value, called intrinsic value, which is Ducommun Incorporated's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ducommun Incorporated's market value can be influenced by many factors that don't directly affect Ducommun Incorporated's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ducommun Incorporated's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ducommun Incorporated is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ducommun Incorporated's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.