Ducommun Incorporated provides engineering and manufacturing products and services primarily to the aerospace and defense, industrial, medical, and other industries in the United States. It operates through two segments, Electronic Systems and Structural Systems. The Electronic Systems segment provides cable assemblies and interconnect systems; printed circuit board assemblies; higher-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, shipboard communications and control enclosures, wire harnesses, surge suppressors, conformal shields, and other assemblies. It also supplies engineered products, including illuminated pushbutton switches and panels for aviation and test systems; microwave and millimeter switches and filters for radio frequency systems and test instrumentation; and motors and resolvers for motion control. In addition, this segment provides engineering expertise for aerospace system design, development, integration, and testing. The Structural Systems segment designs, engineers, and manufactures contoured aluminum, titanium, and Inconel aero structure components; structural assembly products, such as winglets, engine components, and fuselage structural panels; and metal and composite bonded structures and assemblies comprising aircraft wing spoilers, large fuselage skins, rotor blades on rotary-wing aircraft and components, flight control surfaces, engine components, and ammunition handling systems. It serves commercial aircraft, military fixed-wing aircraft, military and commercial rotary-wing aircraft, and space programs, as well as industrial, medical, and other end-use markets. The company was founded in 1849 and is headquartered in Santa Ana, California.
IPO Year:
Exchange: NYSE
Website: ducommun.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
8/13/2024 | $64.00 → $80.00 | Neutral → Buy | Goldman |
8/14/2023 | $52.00 | Neutral | Goldman |
7/6/2023 | $65.00 | Buy | Citigroup |
10/22/2021 | $62.00 | Outperform | RBC Capital |
New Directors Provide Operational and Financial Expertise in the A&D Sector and Have Strong Track Records of Creating Value for Shareholders The Ducommun Board Has Now Added 5 New Directors in the Past 4 Years Q3 2024 Results Reaffirm Strong Momentum on Ducommun's VISION 2027 Strategy COSTA MESA, Calif., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Ducommun Incorporated (NYSE:DCO) ("Ducommun" or the "Company"), a global supplier of value-added innovative electronic and structural products and manufacturing solutions for the aerospace and defense industry, announced today that in support of the Company's VISION 2027 Strategy and as part of its ongoing board refreshment process, Daniel G. Korte and
COSTA MESA, Calif., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Ducommun Incorporated (NYSE:DCO) ("Ducommun" or the "Company") today reported results for its third quarter ended September 28, 2024. Third Quarter 2024 Recap Net revenue was $201.4 million, an increase of 2.6% over Q3 2023Net income of $10.1 million (increase of 216% year-over-year), or $0.67 per diluted share, or 5.0% of revenue, up 340 bps year-over-yearNon-GAAP adjusted net income of $14.8 million (increase of 44% year-over-year), or $0.99 per diluted shareGross margin of 26.2%, year-over-year growth of 350 bpsAdjusted EBITDA of $31.9 million (increase of 9% year-over-year), or 15.8% of revenue, up 90 bps year-over-yea
COSTA MESA, Calif., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Ducommun Incorporated (NYSE:DCO) ("Ducommun" or the "Company") today announced that it plans to release the Company's 2024 third quarter financial results on November 7, 2024, 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 and chief financial officer, will host a call that day at 10:00 a.m. PT (1:00 p.m. ET) to review these results. To access the conference call, please pre-register using this registration link. Registrants will receive a confirmation with dial-in details. Mr. Oswald and Mr. Mookerji will
COSTA MESA, Calif., Oct. 18, 2024 (GLOBE NEWSWIRE) -- Ducommun Incorporated (NYSE:DCO) ("Ducommun" or the "Company"), a global supplier of innovative electronic and structural solutions for the aerospace & defense industry, proudly celebrated its 175th anniversary as the oldest continuously operating company in California by ringing the Closing Bell at the New York Stock Exchange on Friday, October 11, 2024. Since taking over in January of 2017, Ducommun's current management team led the Company to a record level of revenue in 2023 and has more than tripled the market capitalization of the Company. To honor the 175th anniversary, Ducommun's Chairman, President and CEO, Stephen G. Oswald,
COSTA MESA, Calif., Sept. 17, 2024 (GLOBE NEWSWIRE) -- Ducommun Incorporated (NYSE:DCO) ("Ducommun" or the "Company") announced today that Stephen G. Oswald, the Company's chairman, president and chief executive officer will participate in the upcoming RBC Capital Markets Global Industrials Conference on September 24, 2024. Institutional investors are welcome to contact RBC Capital Markets to arrange one-on-one meetings with management. About Ducommun IncorporatedDucommun Incorporated delivers value-added innovative products and manufacturing solutions to customers in the aerospace, defense, and industrial markets. Founded in 1849, the Company specializes in two core areas - Electronic Sy
RYE, N.Y., Sept. 04, 2024 (GLOBE NEWSWIRE) -- Gabelli Funds, LLC, is hosting our annual Aerospace & Defense Symposium at The Harvard Club in New York City on September 5th. The conference will draw top executives from more than ten companies, with a focus on the themes of strong demand outlook, high barriers to entry, large aftermarket opportunity, growth in excess of GDP, defense spending, and M&A potential for the Aerospace and Defense industry. Attendees will also have the opportunity to meet with management in a one-on-one setting. Prospective attendees can learn more about the symposium on our website. Agenda 7:50 AMWelcome & IntroTony Bancroft – Gabelli Funds 8:00Moog Inc. (
COSTA MESA, Calif., Aug. 29, 2024 (GLOBE NEWSWIRE) -- Ducommun Incorporated (NYSE:DCO) ("Ducommun" or the "Company") announced today that Suman Mookerji, senior vice president and chief financial officer, and Christian Prezgay, senior director, financial planning and analysis and investor relations, will participate in the upcoming 30th Annual Gabelli Aerospace & Defense Symposium on September 5, 2024. A general presentation will be held at 11:00 a.m. Eastern, with one-on-one investor meetings scheduled throughout the day. Additional information will be posted on the Company's website at www.ducommun.com when available, including a copy of any presentation material. The presentation will
RYE, N.Y., Aug. 28, 2024 (GLOBE NEWSWIRE) -- Gabelli Funds, LLC, is hosting our annual Aerospace & Defense Symposium at The Harvard Club in New York City on September 5th. The conference will draw top executives from more than ten companies, with a focus on the themes of strong demand outlook, high barriers to entry, large aftermarket opportunity, growth in excess of GDP, defense spending, and M&A potential for the Aerospace and Defense industry. Attendees will also have the opportunity to meet with management in a one-on-one setting. Prospective attendees can learn more about the symposium on our website. Agenda 7:50 AMWelcome & IntroTony Bancroft – Gabelli Funds8:00Moog Inc. (NYSE:MOG)
RYE, N.Y., Aug. 26, 2024 (GLOBE NEWSWIRE) -- Gabelli Funds, LLC, is hosting our annual Aerospace & Defense Symposium at The Harvard Club in New York City on September 5th. The conference will draw top executives from more than ten companies, with a focus on the themes of strong demand outlook, high barriers to entry, large aftermarket opportunity, growth in excess of GDP, defense spending, and M&A potential for the Aerospace and Defense industry. Attendees will also have the opportunity to meet with management in a one-on-one setting. Prospective attendees can learn more about the symposium on our website. Featured Companies AAR Corp. (NYSE:AIR)Graham Corporation (NYSE:GHM) Sean Gillen –
COSTA MESA, Calif., Aug. 21, 2024 (GLOBE NEWSWIRE) -- Ducommun Incorporated (NYSE:DCO) ("Ducommun" or the "Company") announced today that Suman Mookerji, senior vice president and chief financial officer, and Christian Prezgay, senior director, financial planning and analysis and investor relations, will participate in the upcoming Jefferies Industrials Conference on September 4, 2024. A general presentation will be held at 1:20 p.m. Eastern, with one-on-one investor meetings scheduled throughout the day. Additional information will be posted on the Company's website at www.ducommun.com when available, including a copy of any presentation material. A live webcast of the presentation can b
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COSTA MESA, Calif., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Ducommun Incorporated (NYSE:DCO) ("Ducommun" or the "Company") today reported results for its third quarter ended September 28, 2024. Third Quarter 2024 Recap Net revenue was $201.4 million, an increase of 2.6% over Q3 2023Net income of $10.1 million (increase of 216% year-over-year), or $0.67 per diluted share, or 5.0% of revenue, up 340 bps year-over-yearNon-GAAP adjusted net income of $14.8 million (increase of 44% year-over-year), or $0.99 per diluted shareGross margin of 26.2%, year-over-year growth of 350 bpsAdjusted EBITDA of $31.9 million (increase of 9% year-over-year), or 15.8% of revenue, up 90 bps year-over-yea
COSTA MESA, Calif., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Ducommun Incorporated (NYSE:DCO) ("Ducommun" or the "Company") today announced that it plans to release the Company's 2024 third quarter financial results on November 7, 2024, 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 and chief financial officer, will host a call that day at 10:00 a.m. PT (1:00 p.m. ET) to review these results. To access the conference call, please pre-register using this registration link. Registrants will receive a confirmation with dial-in details. Mr. Oswald and Mr. Mookerji will
COSTA MESA, Calif., Aug. 08, 2024 (GLOBE NEWSWIRE) -- Ducommun Incorporated (NYSE:DCO) ("Ducommun" or the "Company") today reported results for its second quarter ended June 29, 2024. Second Quarter 2024 Recap Net revenue was $197.0 million, an increase of 5.2% over Q2 2023Net income of $7.7 million (increase of 225% year-over-year), or $0.52 per diluted share, or 3.9% of revenue, up 260 bps year-over-yearNon-GAAP adjusted net income of $12.5 million (increase of 72% year-over-year), or $0.83 per diluted shareGross margin of 26.0%, year-over-year growth of 460 bpsAdjusted EBITDA of $30.0 million (increase of 15%
COSTA MESA, Calif., July 24, 2024 (GLOBE NEWSWIRE) -- Ducommun Incorporated (NYSE:DCO) ("Ducommun" or the "Company") today announced that it plans to release the Company's 2024 second quarter financial results on August 8, 2024, 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 and chief financial officer, will host a call that day at 10:00 a.m. PT (1:00 p.m. ET) to review these results. To access the conference call, please pre-register using this registration link. Registrants will receive a confirmation with dial-in details. Mr. Oswald and Mr. Mookerji will speak
SANTA ANA, Calif., May 08, 2024 (GLOBE NEWSWIRE) -- Ducommun Incorporated (NYSE:DCO) ("Ducommun" or the "Company") today reported results for its first quarter ended March 30, 2024. First Quarter 2024 Recap Net revenue was $190.8 million, an increase of 5.3% over Q1 2023Net income of $6.8 million, or $0.46 per diluted share, or 3.6% of revenue, up 70 bps year-over-yearNon-GAAP adjusted net income of $10.4 million, or $0.70 per diluted shareGross margin of 24.6%, year-over-year growth of 430 bpsAdjusted EBITDA of $27.4 million, or 14.4% of revenue, up 170 bps year-over-year "Q1 was an outstanding quarter and a great start to the year for Ducommun
SANTA ANA, Calif., April 17, 2024 (GLOBE NEWSWIRE) -- Ducommun Incorporated (NYSE:DCO) ("Ducommun" or the "Company") today announced that it plans to release the Company's 2024 first quarter financial results on May 8, 2024, 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 and chief financial officer, will host a call that day at 10:00 a.m. PT (1:00 p.m. ET) to review these results. To access the conference call, please pre-register using this registration link. Registrants will receive a confirmation with dial-in details. Mr. Oswald and Mr. Mookerji will speak on
New All Time Highs for Revenue and Adjusted EBITDA in 2023 of $757 Million and $102 Million, Respectively SANTA ANA, Calif., Feb. 15, 2024 (GLOBE NEWSWIRE) -- Ducommun Incorporated (NYSE:DCO) ("Ducommun" or the "Company") today reported results for its fourth quarter and year ended December 31, 2023. Fourth Quarter 2023 Recap Revenue of $192.2 millionGAAP net income of $5.1 million, or $0.34 per diluted shareAdjusted net income for the quarter of $10.4 million, or $0.70 per diluted shareCash flow from operating activities of $26.5 million "I am very happy to report that the Company reached an all time reven
SANTA ANA, Calif., Jan. 30, 2024 (GLOBE NEWSWIRE) -- Ducommun Incorporated (NYSE:DCO) ("Ducommun" or the "Company") today announced that it plans to release the Company's 2023 fourth quarter financial results on February 15, 2024, 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 and chief financial officer, will host a call that day at 10:00 a.m. PT (1:00 p.m. ET) to review these results. To access the conference call, please pre-register using this registration link. Registrants will receive a confirmation with dial-in details. Mr. Oswald and Mr. Mookerji will s
All-Time Record Quarterly Revenue and Adjusted Operating Income; Growth in both Commercial Aerospace and Defense; Strong Margin Expansion Driving Adjusted EBITDA to 14.9% SANTA ANA, Calif., Nov. 08, 2023 (GLOBE NEWSWIRE) -- Ducommun Incorporated (NYSE:DCO) ("Ducommun" or the "Company") today reported results for its third quarter ended September 30, 2023. Third Quarter 2023 Recap Net revenue was $196.3 million, a new all-time quarterly record for the CompanyNet income of $3.2 million, or $0.22 per diluted shareAdjusted net income of $10.3 million, or $0.70 per diluted shareAdjusted EBITDA of $29.3 million, or 14.9% of revenue, an all-time high for Ducommun "Q3 was an ou
SANTA ANA, Calif., Oct. 30, 2023 (GLOBE NEWSWIRE) -- Ducommun Incorporated (NYSE:DCO) ("Ducommun" or the "Company") today announced that it plans to release the Company's 2023 third quarter financial results on November 8, 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 and chief financial officer, will host a call that day at 10:00 a.m. PT (1:00 p.m. ET) to review these results. To access the conference call, please pre-register using this registration link. Registrants will receive a confirmation with dial-in details. Mr. Oswald and Mr. Mookerji will speak
Ducommun Incorporated (NYSE:DCO) ("Ducommun" or the "Company"), a global supplier of innovative electronic systems and structural solutions for the aerospace and defense industry, confirmed today that on July 15, 2024, the Company's Board of Directors received an unsolicited revised non-binding indication of interest from Albion River LLC ("Albion River"), a private direct investment firm, to acquire all outstanding shares of Ducommun for $65.00 per share in cash. Consistent with its fiduciary duties and in consultation with its legal and financial advisors, the Board of Directors will carefully review and consider the revised proposal to determine if it is in the best interest of the Com
Goldman Sachs analyst Noah Poponak maintains Ducommun (NYSE:DCO) with a Neutral and raises the price target from $57 to $64.
Ducommun (NYSE:DCO) reported quarterly earnings of $0.70 per share which beat the analyst consensus estimate of $0.57 by 22.81 percent. This is a 11.11 percent increase over earnings of $0.63 per share from the same period last year. The company reported quarterly sales of $190.847 million which beat the analyst consensus estimate of $189.222 million by 0.86 percent. This is a 5.33 percent increase over sales of $181.191 million the same period last year.
Albion Has Continued to Increase Equity Holdings in DucommunToday, Albion River LLC issued the following statement:"Albion River LLC's affiliate Ignium LP ("Albion") continues to acquire shares in Ducommun Incorporated (NYSE:DCO) ("Ducommun" or the "Company") and now owns over 9.2% of the Company's outstanding shares.1 Albion owns more shares in Ducommun than all of management and the Board of Directors combined.Ducommun's stock hit a 52-week high once Albion's bid was disclosed by the Company. Since then, Ducommun has dropped 11% following the Company's declaration it "is not for sale".2 Respectfully, this decision rightfully resides with the owners of the Company, the shareholders.Albion w
Proposal undervalues Ducommun and does not fully reflect the Company's proven, long-term growth initiatives. Ducommun's Board and Management remain focused on successfully delivering our Vision 2027 Strategy.
These two awards represent a $25M follow on order for one circuit card assembly already in production, along with another $25M order for one circuit card assembly that will be brand new production for DCO. All cards will be produced at Ducommun's world-class engineering and manufacturing performance center for circuit cards assemblies in Tulsa, Oklahoma.
Shares of Agenus Inc. (NASDAQ:AGEN) fell sharply during Monday’s session. Agenus disclosed a 1-for-20 reverse stock split of common stock. Agenus Inc. (NASDAQ:AGEN) declined 17% to $0.4181 on Monday. Here are some other stocks moving in today's mid-day session. Gainers Auddia Inc. (NASDAQ:AUUD) shares jumped 231.7% to $4.72 after the company announced the USPTO awarded it with U.S. Patent 11,935,520 for the core AI technology the company uses in its flagship faidr app to deliver ad-free AM/FM radio stations to paid subscribers. Longeveron Inc. (NASDAQ:LGVN) shares climbed 93.2% to $4.2499 after the company submitted paperwork for a share offering. UTime Limited (NASDAQ:WTO) gained
Gainers JVSPAC Acquisition Corp. - Right (NASDAQ:JVSAR) stock rose 34.6% to $0.35 during Monday's regular session. Techprecision (NASDAQ:TPCS) shares increased by 31.43% to $4.39. The company's market cap stands at $38.5 million. AERWINS Technologies (NASDAQ:AWIN) stock increased by 16.69% to $6.01. The market value of their outstanding shares is at $4.3 million. Ducommun (NYSE:DCO) shares moved upwards by 14.37% to $55.56. The market value of their outstanding shares is at $813.4 million. Solidion Technology (NASDAQ:STI) shares increased by 13.43% to $3.8. The market value of their outstanding shares is at $311.0 million. JE Cleantech Hldgs (NASDAQ:JCSE) stock moved upwards by 13.04%
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New Directors Provide Operational and Financial Expertise in the A&D Sector and Have Strong Track Records of Creating Value for Shareholders The Ducommun Board Has Now Added 5 New Directors in the Past 4 Years Q3 2024 Results Reaffirm Strong Momentum on Ducommun's VISION 2027 Strategy COSTA MESA, Calif., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Ducommun Incorporated (NYSE:DCO) ("Ducommun" or the "Company"), a global supplier of value-added innovative electronic and structural products and manufacturing solutions for the aerospace and defense industry, announced today that in support of the Company's VISION 2027 Strategy and as part of its ongoing board refreshment process, Daniel G. Korte and
SANTA ANA, Calif., May 03, 2023 (GLOBE NEWSWIRE) -- Ducommun Incorporated ("Ducommun" or the "Company") (NYSE:DCO), a global supplier of innovative electronic and structural solutions for the aerospace and defense industry, announced today the appointment of Suman Mookerji, the Company's current vice president, corporate development & investor relations to senior vice president, chief financial officer, controller & treasurer. Suman will also continue to lead the corporate development function at the Company. Mr. Christopher D. Wampler, Ducommun's former vice president, chief financial officer, controller & treasurer will continue his employment with the Company in a non-executive capacity
SANTA ANA, Calif., Nov. 11, 2021 (GLOBE NEWSWIRE) -- Ducommun Incorporated (NYSE:DCO), a global supplier of innovative electronic and structural solutions for the aerospace and defense industry, announced that Suman Mookerji has been appointed vice president of corporate development and investor relations, and will now lead the Company's Investor Relations program in addition to his current responsibilities. Mookerji, who joined Ducommun in April 2017 as the vice president, strategy, acquisitions & integration, will now take on an additional role leading and driving the company's Investor Relations, working closely with the investment community along with Ducommun's Executive Leadership T
SANTA ANA, Calif., Jan. 27, 2021 (GLOBE NEWSWIRE) -- Ducommun Incorporated (“Ducommun” or the “Company”) (NYSE: DCO), a global supplier of innovative electronic and structural solutions for the aerospace and defense industry, announced the appointment of Christopher D. Wampler, the Company’s current Interim Chief Financial Officer & Treasurer, to Chief Financial Officer, Controller & Treasurer. "I am pleased to announce the promotion of Chris to be the next Chief Financial Officer, Controller & Treasurer of Ducommun,” said Stephen G. Oswald, President, Chairman and Chief Executive Officer of Ducommun Incorporated. “He has been an effective leader of our finance team during the interim p
Goldman upgraded Ducommun from Neutral to Buy and set a new price target of $80.00 from $64.00 previously
Goldman initiated coverage of Ducommun with a rating of Neutral and set a new price target of $52.00
Citigroup initiated coverage of Ducommun with a rating of Buy and set a new price target of $65.00
RBC Capital initiated coverage of Ducommun with a rating of Outperform and set a new price target of $62.00
B. Riley reiterated coverage of Ducommun with a rating of Buy and set a new price target of $68.00 from $60.00 previously
Canaccord Genuity reiterated coverage of Ducommun with a rating of Buy and set a new price target of $68.00 from $58.00 previously