Ducommun (NYSE:DCO) posted its quarterly earnings results on Monday. The aerospace company reported $0.36 EPS for the quarter, missing the consensus estimate of $0.50 by ($0.14), Fidelity Earnings reports. Ducommun had a net margin of 3.13% and a return on equity of 6.87%. The business had revenue of $159.80 million during the quarter, compared to analysts’ expectations of $153.04 million. During the same quarter last year, the firm earned $0.41 EPS. The firm’s quarterly revenue was up 15.0% compared to the same quarter last year.
Shares of NYSE:DCO opened at $42.40 on Wednesday. The company has a debt-to-equity ratio of 0.92, a current ratio of 2.38 and a quick ratio of 1.54. Ducommun has a 1 year low of $25.06 and a 1 year high of $42.50. The stock has a market cap of $443.63 million, a PE ratio of 31.88 and a beta of 1.11.
In other news, Director Robert C. Ducommun sold 5,000 shares of the business’s stock in a transaction dated Thursday, September 6th. The stock was sold at an average price of $40.76, for a total transaction of $203,800.00. Following the completion of the sale, the director now owns 413,745 shares in the company, valued at approximately $16,864,246.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 8.50% of the stock is currently owned by insiders.
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Ducommun Company Profile
Ducommun Incorporated provides engineering and manufacturing products and services primarily to the aerospace, defense, industrial, natural resources, medical, and other industries in the United States. The company operates through two segments, Electronic Systems and Structural Systems. The Electronic Systems segment offers cable assemblies and interconnect systems; printed circuit board assemblies; high-level electronic, electromechanical, and mechanical components and assemblies, as well as lightning diversion systems; and radar enclosures, aircraft avionics racks, shipboard communications and control enclosures, wire harnesses, surge suppressors, conformal shields, and other assemblies.
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