View ValuationDucommun 将来の成長Future 基準チェック /36Ducommun利益と収益がそれぞれ年間63.9%と8.5%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に10.3% 59.2%なると予測されています。主要情報63.9%収益成長率59.19%EPS成長率Aerospace & Defense 収益成長17.6%収益成長率8.5%将来の株主資本利益率10.28%アナリストカバレッジLow最終更新日12 Aug 2026今後の成長に関する最新情報Price Target Changed • Aug 07Price target increased by 7.0% to US$186Up from US$174, the current price target is an average from 5 analysts. New target price is 5.6% below last closing price of US$197. Stock is up 121% over the past year. The company is forecast to post earnings per share of US$4.20 next year compared to a net loss per share of US$2.50 last year.Price Target Changed • Jul 09Price target increased by 8.4% to US$178Up from US$164, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of US$171. Stock is up 104% over the past year. The company is forecast to post earnings per share of US$3.89 next year compared to a net loss per share of US$2.50 last year.Price Target Changed • Jul 01Price target increased by 7.8% to US$174Up from US$161, the current price target is an average from 5 analysts. New target price is 8.6% below last closing price of US$190. Stock is up 130% over the past year. The company is forecast to post earnings per share of US$3.88 next year compared to a net loss per share of US$2.50 last year.Price Target Changed • May 19Price target increased by 10.0% to US$161Up from US$147, the current price target is an average from 5 analysts. New target price is 14% above last closing price of US$142. Stock is up 105% over the past year. The company is forecast to post earnings per share of US$3.88 next year compared to a net loss per share of US$2.50 last year.Price Target Changed • May 13Price target increased by 7.5% to US$154Up from US$143, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of US$151. Stock is up 128% over the past year. The company is forecast to post earnings per share of US$3.88 next year compared to a net loss per share of US$2.50 last year.Price Target Changed • Feb 27Price target increased by 16% to US$142Up from US$122, the current price target is an average from 5 analysts. New target price is 15% above last closing price of US$123. Stock is up 110% over the past year. The company is forecast to post earnings per share of US$3.87 next year compared to a net loss per share of US$2.27 last year.すべての更新を表示Recent updatesRecent Insider Transactions Derivative • Aug 13Chairman notifies of intention to sell stockStephen Oswald intends to sell 2k shares in the next 90 days after lodging an Intent To Sell Form on the 12th of August. If the sale is conducted around the recent share price of US$202, it would amount to US$453k. For the year to December 2019, Stephen's total compensation was 10% salary and 90% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Stephen currently holds 385.88k shares (0.02555500977861994 of the company). Company insiders have collectively sold US$7.3m more than they bought, via options and on-market transactions in the last 12 months.新しいナラティブ • Aug 09Missile Backlog And Engineered Products Will Reshape This Aerospace Supplier’s Long-Term ProspectsCatalysts About Ducommun Ducommun supplies engineered products and complex electronic and structural solutions to Commercial Aerospace, Military and Space customers. What are the underlying business or industry changes driving this perspective?ナラティブ更新 • Aug 07DCO: Missile Upside And Aero Recovery Will Balance Defense Budget PressureDucommun's analyst fair value estimate has been updated from $181 to $190.80 as analysts factor in higher profit margin assumptions, a slightly lower future P/E multiple, and ongoing discussion around missile and munitions exposure versus potential budget pressure on legacy defense programs. Analyst Commentary Recent Street research on Ducommun gives you a mixed picture that focuses on execution in missiles and munitions, exposure to commercial aerospace, and how much of this is already captured in the valuation.Price Target Changed • Aug 07Price target increased by 7.0% to US$186Up from US$174, the current price target is an average from 5 analysts. New target price is 5.6% below last closing price of US$197. Stock is up 121% over the past year. The company is forecast to post earnings per share of US$4.20 next year compared to a net loss per share of US$2.50 last year.Reported Earnings • Aug 07Second quarter 2026 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2026 results: EPS: US$1.35 (up from US$0.85 in 2Q 2025). Revenue: US$224.5m (up 12% from 2Q 2025). Net income: US$20.4m (up 60% from 2Q 2025). Profit margin: 9.1% (up from 6.4% in 2Q 2025). Revenue exceeded analyst estimates by 4.7%. Earnings per share (EPS) also surpassed analyst estimates by 38%. Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the Aerospace & Defense industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 147 percentage points per year, which is a significant difference in performance.Buy Or Sell Opportunity • Jul 29Now 22% undervaluedOver the last 90 days, the stock has risen 19% to US$170. The fair value is estimated to be US$218, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.1% over the last 3 years. Meanwhile, the company became loss making.ナラティブ更新 • Jul 23DCO: Missile Demand And Aero Recovery Will Offset Defense Budget ConcernsAnalysts have lifted their fair value estimate for Ducommun stock from $173.80 to $181.00, reflecting updated views that incorporate recent price target increases across the Street, along with expectations for continued benefits from commercial aerospace strength and missile and munitions demand, tempered by potential budget pressure on parts of the legacy defense portfolio. Analyst Commentary Recent research on Ducommun points to a split view, with bullish analysts highlighting earnings execution and exposure to commercial aerospace and missiles, while more cautious analysts focus on valuation and defense budget risk.Seeking Alpha • Jul 14Ducommun Incorporated: Real Defense Tailwinds, Few Good Reasons To WaitSummary Ducommun Incorporated is shifting revenue toward defense, now comprising 58% of FY25 revenues, driving recent stock rerating. I rate DCO a Hold, citing limited current upside, ongoing litigation overhang, and a need for a more defense-centric revenue mix. Valuation remains below peers like Hexcel, but further upside depends on a stronger defense shift and litigation resolution. Existing holders may continue to hold, but new buyers should wait for a better entry price and clearer catalysts. Read the full article on Seeking AlphaPrice Target Changed • Jul 09Price target increased by 8.4% to US$178Up from US$164, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of US$171. Stock is up 104% over the past year. The company is forecast to post earnings per share of US$3.89 next year compared to a net loss per share of US$2.50 last year.ナラティブ更新 • Jul 09DCO: Missile Demand And Aero Recovery Will Balance Defense Budget And Execution RisksFor Ducommun, the analyst fair value estimate has been revised to $173.80 from $164.00. Analysts point to updated price targets, expectations around missiles and munitions demand, and recent earnings and sector research as the key drivers of this change.Buy Or Sell Opportunity • Jul 08Now 22% undervaluedOver the last 90 days, the stock has risen 23% to US$173. The fair value is estimated to be US$221, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.1% over the last 3 years. Meanwhile, the company became loss making.新しいナラティブ • Jul 02Missile Demand And Engineered Content Shifts Will Expose Overvaluation RisksCatalysts About Ducommun Ducommun supplies engineered components and assemblies for commercial aerospace, defense and related industrial applications. What are the underlying business or industry changes driving this perspective?Price Target Changed • Jul 01Price target increased by 7.8% to US$174Up from US$161, the current price target is an average from 5 analysts. New target price is 8.6% below last closing price of US$190. Stock is up 130% over the past year. The company is forecast to post earnings per share of US$3.88 next year compared to a net loss per share of US$2.50 last year.お知らせ • Jun 29+ 3 more updatesDucommun Incorporated(NYSE:DCO) dropped from Russell Microcap Value Benchmark IndexDucommun Incorporated(NYSE:DCO) dropped from Russell Microcap Value Benchmark Indexナラティブ更新 • Jun 25DCO: Q1 Execution And Aero Recovery Will Balance Restatement Governance RisksAnalysts have lifted their blended price target on Ducommun to approximately $164, reflecting updated models following the company’s Q1 earnings beat and improving commercial aerospace trends, alongside ongoing destocking concerns. Analyst Commentary on Ducommun Recent research on Ducommun points to a generally constructive tone, with price targets raised across multiple firms following the Q1 report and sector model updates, while still flagging a few key risks around end market trends and inventory normalization.ナラティブ更新 • Jun 11DCO: Q1 Execution And Defense Outlook Will Offset Restatement Governance RisksNarrative Update on Ducommun Analysts have collectively raised their price targets on Ducommun into a range of about $150 to $187, citing Q1 earnings outperformance, better than expected commercial aerospace demand despite ongoing destocking, and updated aerospace and defense sector models that still indicate potential upside following recent selloffs. Analyst Commentary Recent research updates reflect a generally constructive stance on Ducommun, with higher price targets supported by Q1 execution and expectations around aerospace and defense demand, while still flagging some execution and end market risks.ライブニュース • Jun 08Schall Law Firm Investigates Ducommun After Stock-Based Compensation Restatements and Share Price DropThe Schall Law Firm has opened an investigation into Ducommun Incorporated on behalf of investors over potential securities law violations. The probe focuses on whether Ducommun made false or misleading statements or failed to disclose information about how it recognized stock-based compensation expenses. Ducommun previously disclosed a restatement of its 2024 and 2025 financial statements tied to these accounting issues, which was followed by a decline in the share price. The key issue for you is confidence in Ducommun’s financial reporting, since restatements around stock-based compensation can raise questions about internal controls and past earnings quality. You may want to follow how the company responds to the investigation, including any further disclosures or governance changes, because these developments can influence both legal risk and market perception of the stock.ナラティブ更新 • May 28DCO: Vision 2032 And Defense Backlog Will Offset Aerospace Destocking RisksAnalysts have lifted the Ducommun fair value estimate from $146.60 to $164.00, reflecting higher sector price targets after Q1 earnings beats and updated assumptions around revenue growth, profit margins, and future P/E multiples. Analyst Commentary Recent Street research on Ducommun highlights a broadly constructive tone after the latest Q1 earnings and earlier Q4 results, with several firms revisiting their models and price targets.Recent Insider Transactions • May 27Insider recently sold US$234k worth of stockOn the 20th of May, Rajiv Tata sold around 2k shares on-market at roughly US$145 per share. This transaction amounted to 4.6% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$1.8m. Insiders have been net sellers, collectively disposing of US$5.6m more than they bought in the last 12 months.Price Target Changed • May 19Price target increased by 10.0% to US$161Up from US$147, the current price target is an average from 5 analysts. New target price is 14% above last closing price of US$142. Stock is up 105% over the past year. The company is forecast to post earnings per share of US$3.88 next year compared to a net loss per share of US$2.50 last year.Recent Insider Transactions • May 17Insider recently sold US$877k worth of stockOn the 14th of May, Jerry Redondo sold around 6k shares on-market at roughly US$154 per share. This transaction amounted to 8.4% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$1.4m. Insiders have been net sellers, collectively disposing of US$3.6m more than they bought in the last 12 months.Price Target Changed • May 13Price target increased by 7.5% to US$154Up from US$143, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of US$151. Stock is up 128% over the past year. The company is forecast to post earnings per share of US$3.88 next year compared to a net loss per share of US$2.50 last year.Reported Earnings • May 11Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: US$2.50 loss per share (down from US$1.47 profit in FY 2024). Revenue: US$824.8m (up 4.9% from FY 2024). Net loss: US$37.4m (down 272% from profit in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 16%. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 9.1% growth forecast for the Aerospace & Defense industry in the US. Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has increased by 42% per year, which means it is well ahead of earnings.お知らせ • May 06Ducommun Incorporated Appoints Mark A. Caylor as Independent Director, Effective May 4, 2026Ducommun Incorporated announced that in support of the Company's VISION 2027 Strategy and as part of its ongoing board refreshment process, Mark A. Caylor has been appointed as an independent member of the Company’s Board of Directors (the "Board"), effective May 4, 2026. Mr. Caylor is a seasoned aerospace and defense executive with over 35 years of experience in driving, planning and executing corporate strategy, and identifying and capitalizing on global market opportunities that drive revenue and profitable growth. Mr. Caylor has served as a director on the board of LightPath Technologies Inc., since October 2025 and retired as Corporate Vice President and President of Northrop Grumman’s Mission Systems Sector, a supplier of advanced sensing, processing and communications technologies for defense customers across the United States and Europe in 2024. Prior to that, Mr. Caylor served as President, Enterprise Services and Chief Strategy Officer, leading Northrop Grumman’s corporate strategy, mergers and acquisitions and shared services functions, joining Northrop Grumman in 2002. Mr. Caylor earned his bachelor’s degree in aeronautical and astronautical engineering from the Massachusetts Institute of Technology, and a master’s degree in aeronautics and astronautics from the California Institute of Technology. He later earned a master’s degree in business administration from UCLA’s Anderson School of Management before starting his career in 1988 at Hughes Aircraft Company, which was subsequently acquired by the Boeing Company. This appointment is part of Ducommun’s Board refreshment program designed to help ensure that the Company’s Board has the best mix of skills and experience necessary to support Ducommun’s leadership team in driving VISION 2027 and shareholder value. The Corporate Governance and Nominating Committee conducted a thorough search with the assistance of a leading independent search firm, who evaluated over fifty prospects for this role. This process spanned several months and culminated in Mr. Caylor being identified from among several highly qualified candidates.ナラティブ更新 • Apr 29DCO: Defense Backlog And Vision 2032 Framework Will Steady Fair OutlookDucommun's updated fair value estimate has moved from $143.20 to $146.60 as analysts factor in a series of higher price targets tied to defense exposure, missile program visibility, and recent margin and backlog trends. Analyst Commentary Recent Street research on Ducommun centers on defense exposure, missile program visibility, and margin execution, which together are feeding into higher fair value estimates and revised price targets.お知らせ • Apr 28Ducommun Incorporated to Report Q1, 2026 Results on May 12, 2026Ducommun Incorporated announced that they will report Q1, 2026 results at 9:30 AM, US Eastern Standard Time on May 12, 2026ナラティブ更新 • Apr 10DCO: Defense Exposure And Vision 2032 Plan Will Shape Balanced OutlookAnalysts have made a slight trim to the Ducommun price target, lowering it by about $0.40. They are balancing recent target hikes tied to defense exposure, missile demand and margin plans with a modest reset following the latest Citi update.ナラティブ更新 • Mar 27DCO: Defense Exposure And Vision 2032 Plan Will Drive Long Term UpsideAnalysts have nudged the Ducommun fair value estimate higher from $142.00 to $143.60. This reflects recent price target increases that are tied to expectations around defense exposure, missile related demand and updated margin ambitions discussed in recent research.お知らせ • Mar 16Ducommun Incorporated, Annual General Meeting, Apr 29, 2026Ducommun Incorporated, Annual General Meeting, Apr 29, 2026.ナラティブ更新 • Mar 12DCO: Defense Momentum And Vision 2032 Plan Will Shape Upside Through 2026Narrative Update on Ducommun The analyst price target embedded in our fair value framework for Ducommun has been raised from $130 to $142. This change reflects analysts' higher published targets in the $136 to $155 range, supported by recent commentary around margin expansion, record Q4 revenue and EBITDA, defense program visibility, and the Vision 2032 plan focused on proprietary products and free cash flow.Recent Insider Transactions • Mar 12Senior VP recently sold US$1.0m worth of stockOn the 10th of March, Suman Mookerji sold around 8k shares on-market at roughly US$132 per share. This transaction amounted to 21% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Suman's only on-market trade for the last 12 months.Recent Insider Transactions Derivative • Mar 08Independent Director notifies of intention to sell stockRichard Baldridge intends to sell 26k shares in the next 90 days after lodging an Intent To Sell Form on the 5th of March. If the sale is conducted around the recent share price of US$133, it would amount to US$3.4m. Since June 2025, Richard has owned 25.84k shares directly. Company insiders have collectively sold US$335k more than they bought, via options and on-market transactions in the last 12 months.Price Target Changed • Feb 27Price target increased by 16% to US$142Up from US$122, the current price target is an average from 5 analysts. New target price is 15% above last closing price of US$123. Stock is up 110% over the past year. The company is forecast to post earnings per share of US$3.87 next year compared to a net loss per share of US$2.27 last year.Reported Earnings • Feb 27Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: US$2.27 loss per share (down from US$2.13 profit in FY 2024). Revenue: US$824.7m (up 4.9% from FY 2024). Net loss: US$33.9m (down 208% from profit in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 16%. Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Aerospace & Defense industry in the US. Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has increased by 30% per year, which means it is well ahead of earnings.Buy Or Sell Opportunity • Feb 27Now 22% undervaluedOver the last 90 days, the stock has risen 33% to US$122. The fair value is estimated to be US$157, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.1% over the last 3 years. Meanwhile, the company became loss making.ナラティブ更新 • Feb 26DCO: Defense Agreements And Sector Momentum Will Shape Risk Balance Through 2026The fair value estimate for Ducommun has been raised from $121.60 to $130.00 as analysts factor in higher Street price targets and improved visibility tied to long term defense agreements and updated aerospace and defense group estimates. Analyst Commentary Recent Street research on Ducommun focuses on higher price targets and updated expectations tied to the defense portfolio and broader aerospace and defense coverage.お知らせ • Feb 12Ducommun Incorporated to Report Q4, 2025 Results on Feb 26, 2026Ducommun Incorporated announced that they will report Q4, 2025 results Pre-Market on Feb 26, 2026ナラティブ更新 • Feb 11DCO: Sector Momentum And Refined Assumptions Will Shape Risk Balance Through 2026Narrative update on Ducommun The analyst price target for Ducommun has been lifted by $3.80 to $121.60. Analysts point to recent sector wide target increases from firms covering aerospace and defense as support for the higher fair value, as well as a slightly adjusted discount rate and future P/E assumptions.ナラティブ更新 • Jan 28DCO: Sector Momentum And M&A Plans Will Shape Risk Balance Through 2026Analysts have increased their Ducommun fair value estimate from US$111.40 to US$117.80. This reflects updated assumptions on the discount rate, revenue growth, profit margins, and a higher future P/E multiple in the context of recent sector-wide price target increases.Price Target Changed • Jan 20Price target increased by 8.7% to US$118Up from US$108, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of US$114. Stock is up 63% over the past year. The company is forecast to post a net loss per share of US$1.96 compared to earnings per share of US$2.13 last year.ナラティブ更新 • Jan 13DCO: Sector Momentum And Accounting Concerns Will Shape Risk Balance Through 2026Analysts have lifted their price target on Ducommun to about US$111 from roughly US$106, reflecting updated assumptions on revenue growth, profit margins and a lower expected future P/E, alongside recent sector research indicating momentum in aerospace and defense through the first half of 2026. Analyst Commentary Bullish Takeaways Bullish analysts see the higher US$125 price target as reflecting confidence that Ducommun can support a richer valuation while still using a lower future P/E, given their updated revenue and margin assumptions.Recent Insider Transactions • Dec 12Insider recently sold US$186k worth of stockOn the 10th of December, Jerry Redondo sold around 2k shares on-market at roughly US$92.86 per share. This transaction amounted to 3.0% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$335k more than they bought in the last 12 months.Recent Insider Transactions Derivative • Nov 13Chairman notifies of intention to sell stockStephen Oswald intends to sell 2k shares in the next 90 days after lodging an Intent To Sell Form on the 11th of November. If the sale is conducted around the recent share price of US$96.30, it would amount to US$240k. For the year to December 2018, Stephen's total compensation was 10% salary and 90% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since March 2025, Stephen's direct individual holding has decreased from 393.71k shares to 380.26k. There has only been one transaction (US$70k sale) from insiders over the last 12 months.New Risk • Nov 07New major risk - Revenue and earnings growthEarnings have declined by 23% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.Reported Earnings • Nov 06Third quarter 2025 earnings: EPS misses analyst expectationsThird quarter 2025 results: US$4.30 loss per share (down from US$0.69 profit in 3Q 2024). Revenue: US$212.6m (up 5.5% from 3Q 2024). Net loss: US$64.4m (down US$74.6m from profit in 3Q 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Aerospace & Defense industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance.お知らせ • Oct 23Ducommun Incorporated to Report Q3, 2025 Results on Nov 06, 2025Ducommun Incorporated announced that they will report Q3, 2025 results Pre-Market on Nov 06, 2025お知らせ • Oct 10Ducommun Incorporated Reaches Settlement Agreement to Resolve Litigation Related to Guaymas Fire IncidentOn October 3, 2025, Ducommun Incorporated and certain of its wholly-owned subsidiaries entered into a binding settlement term sheet (the “Term Sheet”) to resolve the previously disclosed action captioned Williams International Co., LLC v. Ducommun Incorporated, et al. (No. 2:23-CV-9403-MEMF-AJR) filed in the U.S. District Court for the Central District of California (the “Litigation”) following a mediation held on that date. For additional information about the Litigation, see “Guaymas Performance Center Fire” in Note 10, Commitments and Contingencies, to the unaudited Condensed Consolidated Financial Statements included in the Company’s Quarterly Report on Form 10-Q for the quarterly period ended June 28, 2025, filed with the Securities and Exchange Commission (“SEC”) on August 7, 2025 (the “Q2 2025 Form 10-Q”). The Term Sheet provides for, among other things, the final dismissal of the Litigation with prejudice and a release of claims against the Company in exchange for the Company issuing a payment of $150 million, $56 million of which is expected to be funded by the Company’s insurance carriers. The Term Sheet also includes a mutual release of all of the plaintiff’s past, present and future claims arising from the June 2020 fire (the “Fire”) at the Company’s Guaymas, Mexico performance center and an indemnification in favor of the Company from any future subrogation claims that may be brought by the plaintiff’s insurers. The incident, claim and payment are all one-time events. Excluded from the scope of the Term Sheet are (1) releases from certain of the plaintiff’s insurers for amounts previously paid to the plaintiff for damages incurred from the Fire, in relation to which the company believe claims against the Company are likely time barred, and another insurer who intervened in the Litigation asserting a subrogation claim which it expect to settle in the amount of $1.35 million, and (2) a subrogation claim asserted by the insurer of the entity that provides the labor and facilities for its Guaymas performance center through an arbitration proceeding currently pending in Arizona for amounts it had previously paid to the plaintiff for damages from the Fire and for which it believe to have favorable arguments to successfully defend against the claim. The foregoing claims were previously disclosed in the Second Quarter 2025 Form 10-Q. Final dismissal of the Litigation is subject to the finalization of a definitive settlement agreement not inconsistent with the Term Sheet and the plaintiff dismissing all claims alleged in the Litigation with prejudice, with each of the parties bearing their own fees and expenses. In settling the case, the Company is not admitting any liability, and entry into the Term Sheet does not constitute an admission of liability or fault or an admission regarding the accuracy of any allegation made by the plaintiffs or plaintiffs’ counsel. The Company expects to record the one-time net settlement amount of $94 million (net of insurance recovery) as an expense for the quarter ending September 27, 2025 and to pay such settlement from its existing revolving credit facility within forty-five (45) days of the finalization of the definitive settlement agreement. In addition, the Company expects to record legal expenses of approximately $4 million and $3 million related to this matter in Third Quarter 2025 and Fourth Quarter 2025, respectively. Separately, the Company expects to incur additional expenses of approximately $3 million in future periods related to the subrogation claim asserted by the insurer of the entity that provides labor and facilities for its Guaymas performance center.Recent Insider Transactions Derivative • Aug 13Chairman notifies of intention to sell stockStephen Oswald intends to sell 4k shares in the next 90 days after lodging an Intent To Sell Form on the 12th of August. If the sale is conducted around the recent share price of US$90.65, it would amount to US$317k. For the year to December 2018, Stephen's total compensation was 10% salary and 90% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since September 2024, Stephen's direct individual holding has increased from 341.15k shares to 380.26k. Company insiders have collectively sold US$258k more than they bought, via options and on-market transactions in the last 12 months.Price Target Changed • Aug 10Price target increased by 7.1% to US$106Up from US$99.25, the current price target is an average from 4 analysts. New target price is 19% above last closing price of US$89.36. Stock is up 45% over the past year. The company is forecast to post earnings per share of US$3.19 for next year compared to US$2.13 last year.ナラティブ更新 • Aug 08Defense Modernization And Aerospace Recovery Will Reshape MarketsDucommun's upward price target revision reflects notable improvements in both net profit margin and revenue growth forecasts, resulting in an increased consensus fair value from $99.25 to $106.25. What's in the News Ducommun dropped from the Russell 2000 Dynamic Index.Reported Earnings • Aug 08Second quarter 2025 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2025 results: EPS: US$0.84 (up from US$0.52 in 2Q 2024). Revenue: US$202.3m (up 2.7% from 2Q 2024). Net income: US$12.6m (up 63% from 2Q 2024). Profit margin: 6.2% (up from 3.9% in 2Q 2024). Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) also surpassed analyst estimates by 13%. Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Aerospace & Defense industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance.お知らせ • Jul 24Ducommun Incorporated to Report Q2, 2025 Results on Aug 07, 2025Ducommun Incorporated announced that they will report Q2, 2025 results Pre-Market on Aug 07, 2025Price Target Changed • Jul 18Price target increased by 10% to US$99.60Up from US$90.20, the current price target is an average from 5 analysts. New target price is 10% above last closing price of US$90.54. Stock is up 50% over the past year. The company is forecast to post earnings per share of US$3.28 for next year compared to US$2.13 last year.Price Target Changed • Jul 11Price target increased by 7.2% to US$91.80Up from US$85.60, the current price target is an average from 5 analysts. New target price is 7.1% above last closing price of US$85.71. Stock is up 44% over the past year. The company is forecast to post earnings per share of US$3.28 for next year compared to US$2.13 last year.New Risk • Jul 05New major risk - Revenue and earnings growthEarnings have declined by 9.3% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.お知らせ • Jun 30Ducommun Incorporated(NYSE:DCO) dropped from Russell 2000 Dynamic IndexDucommun Incorporated(NYSE:DCO) dropped from Russell 2000 Dynamic IndexPrice Target Changed • Jun 20Price target increased by 8.1% to US$85.60Up from US$79.20, the current price target is an average from 5 analysts. New target price is 6.2% above last closing price of US$80.57. Stock is up 39% over the past year. The company is forecast to post earnings per share of US$3.27 for next year compared to US$2.13 last year.Reported Earnings • May 07First quarter 2025 earnings releasedFirst quarter 2025 results: Net income: (down US$6.85m from profit in 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 97 percentage points per year, which is a significant difference in performance.Seeking Alpha • Apr 22Duocommun: A Good Candidate For A Multi-Year CompounderSummary Ducommun (DCO) is a promising investment in the aerospace and defense sector, with strong revenue growth potential despite economic challenges. The company’s diverse product offerings and strong financial position support organic growth and acquisitions, with significant contributions from military, space, and commercial aerospace. DCO's backlog and notable contracts with major players like RTX, Boeing, and Airbus indicate robust future revenue and earnings growth. The recent share price drop presents a compelling entry point, with a near-term price target of $75.50 and long-term growth potential. Read the full article on Seeking Alphaお知らせ • Apr 22Ducommun Incorporated to Report Q1, 2025 Results on May 06, 2025Ducommun Incorporated announced that they will report Q1, 2025 results Pre-Market on May 06, 2025Board Change • Mar 17Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 5 highly experienced directors. Independent Director David Carter was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.お知らせ • Mar 17Ducommun Incorporated, Annual General Meeting, Apr 30, 2025Ducommun Incorporated, Annual General Meeting, Apr 30, 2025.Major Estimate Revision • Mar 06Consensus EPS estimates fall by 14%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from US$3.36 to US$2.89 per share. Revenue forecast steady at US$824.5m. Net income forecast to grow 43% next year vs 21% growth forecast for Aerospace & Defense industry in the US. Consensus price target broadly unchanged at US$81.80. Share price fell 6.0% to US$57.65 over the past week.Reported Earnings • Feb 27Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: US$2.13 (up from US$1.16 in FY 2023). Revenue: US$786.6m (up 3.9% from FY 2023). Net income: US$31.5m (up 98% from FY 2023). Profit margin: 4.0% (up from 2.1% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 3.2%. Revenue is forecast to grow 5.7% p.a. on average during the next 2 years, compared to a 6.8% growth forecast for the Aerospace & Defense industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance.お知らせ • Feb 13Ducommun Incorporated to Report Q4, 2024 Results on Feb 27, 2025Ducommun Incorporated announced that they will report Q4, 2024 results Pre-Market on Feb 27, 2025Seeking Alpha • Nov 22Ducommun: Revenue Growth, Airbus Strength, And Vision 2027 ProgressSummary Ducommun reported 2.6% revenue growth, driven by military, space, and Airbus programs. Margins improved, with adjusted EBITDA margin expanding to 15.8% and adjusted EPS up 41%. Robust performance in Airbus A220 and A320 programs offset challenges from Boeing’s strike. Boeing’s recovery is expected to support growth in 2025-2026, especially for the 737 MAX and 787. Facility consolidations and operational streamlining are delivering initial savings, with projected annual savings of $11-13M. Defense backlog increased to $592M, driven by demand for TOW missiles and surveillance. Margin improvements align with DCO’s Vision 2027 goal of 18% adjusted EBITDA margin, supported by strong end markets, cost reductions, and improving aerospace production outlook. Read the full article on Seeking AlphaRecent Insider Transactions Derivative • Nov 13Chairman notifies of intention to sell stockStephen Oswald intends to sell 3k shares in the next 90 days after lodging an Intent To Sell Form on the 12th of November. If the sale is conducted around the recent share price of US$67.93, it would amount to US$211k. For the year to December 2017, Stephen's total compensation was 12% salary and 88% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since March 2024, Stephen's direct individual holding has decreased from 369.49k shares to 341.15k. Company insiders have collectively sold US$593k more than they bought, via options and on-market transactions in the last 12 months.Price Target Changed • Nov 08Price target increased by 9.6% to US$83.00Up from US$75.75, the current price target is an average from 4 analysts. New target price is 22% above last closing price of US$68.08. The company posted earnings per share of US$1.16 last year.Reported Earnings • Nov 08Third quarter 2024 earnings: EPS and revenues exceed analyst expectationsThird quarter 2024 results: EPS: US$0.69 (up from US$0.22 in 3Q 2023). Revenue: US$201.4m (up 2.6% from 3Q 2023). Net income: US$10.1m (up 216% from 3Q 2023). Profit margin: 5.0% (up from 1.6% in 3Q 2023). Revenue exceeded analyst estimates by 3.8%. Earnings per share (EPS) also surpassed analyst estimates by 49%. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Aerospace & Defense industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance.Valuation Update With 7 Day Price Move • Nov 07Investor sentiment improves as stock rises 15%After last week's 15% share price gain to US$67.72, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 26x in the Aerospace & Defense industry in the US. Total returns to shareholders of 31% over the past three years.お知らせ • Nov 07Ducommun Incorporated Announces Board ChangesDucommun Incorporated announced that in support of the Company's VISION 2027 Strategy and as part of its ongoing board refreshment process, Daniel G. Korte and Daniel L. Boehle have been appointed as independent members of the Company’s Board of Directors (the "Board"), effective November 5, 2024. Mr. Korte is a seasoned aerospace and defense executive with demonstrated expertise in identifying and capitalizing on global market opportunities that drive revenue and profitable growth. Most recently, Mr. Korte served as Global Vice President of Aerospace at PPG Industries Inc. (“PPG”). Under his leadership, the division saw double-digit revenue growth and increased profitability by driving sales and operational efficiencies. Prior to joining PPG, he served as Chief Executive Officer of LMI Aerospace, where he oversaw the Company’s eventual sale to the Sonaca Group and was the President of the Rolls-Royce Defense Group. From 1985 through 2009, Mr. Korte held various senior level roles at The Boeing Company in supply chain, program management and general management. He currently serves on the Board of Directors of Woodward Inc., where he chairs the Human Capital & Compensation committee. Mr. Boehle is a talented finance executive with 25+ years of experience working with defense manufacturing companies, including serving as the Chief Financial Officer at two leading public companies in the industry. Mr. Boehle currently serves as the Executive Vice President and Chief Financial Officer of TTM Technologies Inc., a position that he has held since September 2023. Previously, Mr. Boehle served as Vice President and Chief Financial Officer for Aerojet Rocketdyne Inc., where he drove profitable growth and was actively involved in financial aspects of the strategic analysis that resulted in Aerojet Rocketdyne’s $4.7bn sale to L3Harris. Before joining Aerojet Rocketdyne, Mr. Boehle served in various financial leadership roles across corporate accounting, financial reporting and financial planning and analysis at Northrop Grumman Corporation. Ducommun also announced that Robert C. Ducommun and Dean M. Flatt will not, per Ducommun’s mandatory director retirement age policy, stand for reelection at Ducommun’s 2025 Annual Meeting. Mr. Ducommun and Mr. Flatt both successfully oversaw the Company’s transition to a more focused Aerospace and Defense platform that involved the streamlining of the organization and the successful acquisition of five companies. The Board will include ten members until Ducommun’s 2025 Annual Meeting, following which it will be comprised again of eight directors.お知らせ • Oct 24Ducommun Incorporated to Report Q3, 2024 Results on Nov 07, 2024Ducommun Incorporated announced that they will report Q3, 2024 results Pre-Market on Nov 07, 2024Seeking Alpha • Sep 19Ducommun: Aerospace Growth And Strategic Restructuring Amid Boeing ChallengesSummary Ducommun continues to report revenue growth for 2Q24, driven by both commercial aerospace and military end markets. Additionally, margins expanded, driven by engineered products, pricing actions, and restructuring efforts. Despite ongoing challenges with Boeing and Spirit AeroSystems related to the 737 MAX, it achieved 12 consecutive quarters of revenue growth in commercial aerospace. Additionally, DCO's fuselage skin project for the 737 MAX, expected to start production by late 2024, is expected to bolster the company's aerospace business outlook. While the Boeing strike presents near-term headwinds, DCO's strategic restructuring and cost-saving initiatives, combined with improving production rates, are expected to boost margins and profitability in the long term. Read the full article on Seeking Alpha新しいナラティブ • Sep 16Strategic Moves And Aerospace Focus Set To Skyrocket Efficiency And Earnings Consolidating facilities and increasing engineered products and aftermarket content are key strategies to boost operational efficiency and net margins. お知らせ • Jul 26Ignium LP. managed by Albion River Management LLC cancelled the acquisition of 90.98% stake in Ducommun Incorporated (NYSE:DCO).Ignium LP. managed by Albion River Management LLC made an unsolicited non-binding indication of interest to acquire remaining 90.98% stake in Ducommun Incorporated (NYSE:DCO) for approximately $830 million on April 1, 2024. Ignium LP. managed by Albion River Management LLC made an unsolicited non-binding indication of interest to acquire remaining 90.98% stake in Ducommun Incorporated (NYSE:DCO) for approximately $900 million on July 15, 2024. As reported, Albion River will pay $60.00 per share in cash. As of July 15, 2024, Albion River LLC submitted a revised bid to acquire all outstanding shares of Ducommun for $65 per share in cash. This non-binding indication of interest remains contingent upon, among other things (i) satisfactory completion of due diligence review of Ducommun, (ii) the receipt of financing for the transaction, and (iii) the negotiation and execution of a mutually acceptable definitive merger agreement containing customary terms and conditions. Execution of mutually acceptable definitive transaction and related agreements will be conditioned upon final board approval of both companies. On April 16, 2024, the Board of Directors of Ducommun has unanimously determined it is not in the best interests of Ducommun and its shareholders to pursue further discussions regarding the initial proposal of $60 per share and rejected the bid. As of July 15, 2024, Ducommun's Board of Directors received an unsolicited revised non-binding indication of interest from Albion River LLC to acquire all outstanding shares of Ducommun for $65 per share in cash. RBC Capital Markets, LLC is acting as a financial advisor to Ducommun, and Simpson Thacher & Bartlett LLP is acting as legal counsel. Ignium LP. managed by Albion River Management LLC cancelled the acquisition of 90.98% stake in Ducommun Incorporated (NYSE:DCO) on July 25, 2024. The Board of Directors has unanimously determined it is not in the best interests of the Company and Ducommun shareholders to pursue further discussions regarding the proposal. Ducommun's Board of Directors believes that Albion River’s revised proposal significantly undervalues Ducommun’s long-term value for shareholders.お知らせ • Jul 24Ducommun Incorporated to Report Q2, 2024 Results on Aug 08, 2024Ducommun Incorporated announced that they will report Q2, 2024 results Pre-Market on Aug 08, 2024Seeking Alpha • Jul 16Ducommun: Robust Air Travel Demand And Defence BacklogSummary DCO's historical financial results have shown consistent top-line growth. However, margins were contracting modestly. For 1Q24, net revenue continued to grow. Additionally, its margins expanded when compared to previous period. DCO's defence backlog is growing, which is a sign that its defence business is growing. Additionally, DCO raised the run rate of the SPY-6 and other defence programmes. Currently, air travel demand is strong, and ICAO forecasts it to continue growing. The robust air travel demand is expected to bolster the DCO outlook. Read the full article on Seeking AlphaSeeking Alpha • Apr 21Ducommun: Management Expects Margin Expansion And Revenue GrowthSummary Although Ducommun's commercial aerospace business faced substantial headwinds given the beginning of the pandemic, demand from the market has continued to recover in recent years. On April 16, 2024, Ducommun's board rejected an unsolicited, non-binding indication of interest from Albion River LLC offering $60 in cash per share. Ducommun's board feels the offer doesn't fully reflect the company's Vision 2027 plan where the company sees meaningful adjusted EBITDA margin expansion and continued revenue growth. I rate Ducommun a 'Buy' and I would own it in a diversified portfolio given the company's growth potential and relatively attractive valuation with forward EV/EBITDA ratio of 9.18. Read the full article on Seeking Alphaお知らせ • Apr 19Ducommun Incorporated to Report Q1, 2024 Results on May 08, 2024Ducommun Incorporated announced that they will report Q1, 2024 results Pre-Market on May 08, 2024分析記事 • Apr 17We Think Shareholders May Want To Consider A Review Of Ducommun Incorporated's (NYSE:DCO) CEO Compensation PackageKey Insights Ducommun to hold its Annual General Meeting on 24th of April Salary of US$959.7k is part of CEO Steve...Valuation Update With 7 Day Price Move • Apr 09Investor sentiment improves as stock rises 17%After last week's 17% share price gain to US$56.81, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 24x in the Aerospace & Defense industry in the US. Total loss to shareholders of 9.5% over the past three years.お知らせ • Apr 08Ignium LP, fund managed by Albion River Management LLC made an unsolicited non-binding indication of interest to acquire the remaining 90.97601% stake in Ducommun Incorporated (NYSE:DCO) for approximately $830 million.Ignium LP, fund managed by Albion River Management LLC made an unsolicited non-binding indication of interest to acquire the remaining 90.976012% stake in Ducommun Incorporated (NYSE:DCO) for approximately $830 million on April 1, 2024. Albion River will pay $60.00 per share in cash. This non-binding indication of interest remains contingent upon, among other things (i) satisfactory completion of due diligence review of the Company, (ii) the receipt of financing for the transaction, and (iii) the negotiation and execution of a mutually acceptable definitive merger agreement containing customary terms and conditions. Execution of mutually acceptable definitive transaction and related agreements will be conditioned upon final board approval of both companies. RBC Capital Markets, LLC is acting as a financial advisor to Ducommun, and Simpson Thacher & Bartlett LLP is acting as legal counsel.お知らせ • Mar 14Ducommun Incorporated, Annual General Meeting, Apr 24, 2024Ducommun Incorporated, Annual General Meeting, Apr 24, 2024, at 09:00 Pacific Standard Time. Agenda: To consider Election of 12 nominated directors; to consider Ratification of the selection of PricewaterhouseCoopers LLP as PNC’s independent registered public accounting firm for 2024; to consider Advisory vote to approve named executive officer compensation; and to consider Approval of The PNC Financial Services Group, Inc. 2025 Employee Stock Purchase Plan; to consider Approve Ducommun’s executive compensation on an advisory basis; to consider Approve the Company’s 2024 Stock Incentive Plan; to Ratify the selection of PricewaterhouseCoopers LLP as Ducommun’s independent registered public accounting firm for the year ending December 31, 2024; and to consider other matters.Recent Insider Transactions Derivative • Feb 28Chairman notifies of intention to sell stockStephen Oswald intends to sell 8k shares in the next 90 days after lodging an Intent To Sell Form on the 26th of February. If the sale is conducted around the recent share price of US$49.09, it would amount to US$388k. For the year to December 2017, Stephen's total compensation was 14% salary and 86% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since June 2023, Stephen has owned 310.12k shares directly. Company insiders have collectively sold US$35k more than they bought, via options and on-market transactions in the last 12 months.Major Estimate Revision • Feb 22Consensus EPS estimates fall by 18%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from US$812.6m to US$799.6m. EPS estimate also fell from US$2.36 per share to US$1.92 per share. Net income forecast to grow 100% next year vs 24% growth forecast for Aerospace & Defense industry in the US. Consensus price target down from US$65.60 to US$64.00. Share price fell 2.8% to US$49.37 over the past week.分析記事 • Feb 18Ducommun Incorporated Beat Analyst Estimates: See What The Consensus Is Forecasting For This YearShareholders might have noticed that Ducommun Incorporated ( NYSE:DCO ) filed its annual result this time last week...Reported Earnings • Feb 16Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: US$1.16 (down from US$2.38 in FY 2022). Revenue: US$757.0m (up 6.2% from FY 2022). Net income: US$15.9m (down 45% from FY 2022). Profit margin: 2.1% (down from 4.0% in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 9.6%. Revenue is forecast to grow 5.7% p.a. on average during the next 2 years, compared to a 6.5% growth forecast for the Aerospace & Defense industry in the US. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.Seeking Alpha • Feb 06Ducommun Stock Is Still A Buy On End Market GrowthSummary Ducommun Incorporated has gained 12.9% since September 2023, outperforming the S&P 500. The company operates in the aerospace industry, serving major companies such as Boeing and Airbus. Ducommun has significant growth drivers, including exposure to commercial airplane programs and increased defense budgets. Read the full article on Seeking Alphaお知らせ • Feb 05Ducommun Incorporated Appoints David B. Carter as Independent Director and Member of the Innovation CommitteeDucommun Incorporated announced that its Board of Directors elected David B. Carter as an independent director of the company, effective February 1, 2024. Mr. Carter’s appointment expands the number of directors on Ducommun’s board to nine, eight of whom are independent. Mr. Carter will be a member of the company’s Innovation Committee. Mr. Carter is the retired Senior Vice President of Engineering, Pratt & Whitney Company Inc., currently a subsidiary of RTX Corporation, a position he occupied for four years until his retirement in 2019. Previously, Mr. Carter was the Senior Vice President, Engineering, Operations and Quality at UTC Aerospace Systems from 2015 to 2016 and served as its Vice President, Engineering and Technology from 2012 to 2015. Mr. Carter’s extensive knowledge of Tier 1 and 2 engineered product lines in the sector includes engines, electrical systems, aerostructures, actuation, brakes, sensors and controls, and he was involved in every aspect of product design, development and certification. He expertly managed supplier relationships and outsourcing partners, was responsible for expanding engineering team capabilities internationally and has extensive customer experience dealing with Boeing, Airbus and other original equipment manufacturers. Mr. Carter holds a Master of Science degree in Mechanical Engineering from the University of Virginia, Charlottesville.お知らせ • Jan 31Ducommun Incorporated to Report Q4, 2023 Results on Feb 15, 2024Ducommun Incorporated announced that they will report Q4, 2023 results Pre-Market on Feb 15, 2024Recent Insider Transactions Derivative • Dec 17Chairman notifies of intention to sell stockStephen Oswald intends to sell 3k shares in the next 90 days after lodging an Intent To Sell Form on the 14th of December. If the sale is conducted around the recent share price of US$53.10, it would amount to US$159k. For the year to December 2017, Stephen's total compensation was 14% salary and 86% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since March 2023, Stephen's direct individual holding has decreased from 319.75k shares to 310.12k. Company insiders have collectively sold US$29k more than they bought, via options and on-market transactions in the last 12 months.Recent Insider Transactions Derivative • Nov 16Key Executive exercised options to buy US$246k worth of stock.On the 10th of November, Jerry Redondo exercised 9.00k options at around US$32.90, then sold 4.00k of them at US$47.77 each and kept the remainder. Since March 2023, Jerry's direct individual holding has increased from 57.82k shares to 60.60k. Company insiders have collectively sold US$161k more than they bought, via options and on-market transactions in the last 12 months.Reported Earnings • Nov 09Third quarter 2023 earnings: EPS misses analyst expectationsThird quarter 2023 results: EPS: US$0.22 (down from US$0.70 in 3Q 2022). Revenue: US$196.3m (up 5.2% from 3Q 2022). Net income: US$3.21m (down 62% from 3Q 2022). Profit margin: 1.6% (down from 4.5% in 3Q 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.2%. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Aerospace & Defense industry in the US. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 6% per year.お知らせ • Oct 31Ducommun Incorporated to Report Q3, 2023 Results on Nov 08, 2023Ducommun Incorporated announced that they will report Q3, 2023 results Pre-Market on Nov 08, 2023Seeking Alpha • Sep 14Ducommun Aims For A Bigger Piece Of A Growth PieSummary Ducommun Incorporated provides engineering and manufacturing services for various industries, including aerospace and defense. Ducommun aims to achieve significant revenue growth and increase its EBITDA through restructuring, cost-cutting measures and accretive acquisitions. The company aims to expand its portfolio and extract more value from that portfolio. Read the full article on Seeking AlphaMajor Estimate Revision • Aug 10Consensus EPS estimates fall by 40%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from US$1.97 to US$1.19 per share. Revenue forecast steady at US$766.0m. Net income forecast to grow 43% next year vs 27% growth forecast for Aerospace & Defense industry in the US. Consensus price target broadly unchanged at US$64.25. Share price was steady at US$44.60 over the past week.分析記事 • Aug 04What Does Ducommun Incorporated's (NYSE:DCO) Share Price Indicate?While Ducommun Incorporated ( NYSE:DCO ) might not be the most widely known stock at the moment, it received a lot of...業績と収益の成長予測NYSE:DCO - アナリストの将来予測と過去の財務データ ( )USD Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/20281,06097109115412/31/20279688184101512/31/202688465768257/4/2026865-21-24-12N/A4/4/2026841-29-36-23N/A12/31/2025825-37-49-33N/A9/27/2025803-534560N/A6/28/2025792214156N/A3/29/2025788162337N/A12/31/2024786222034N/A9/28/2024781302842N/A6/29/2024776232643N/A3/30/2024767182948N/A12/31/2023757161231N/A9/30/2023753191537N/A7/1/202374324-517N/A4/1/2023730261233N/A12/31/2022713291333N/A10/1/2022689132-812N/A7/2/2022666133523N/A4/2/2022652137-134N/A12/31/2021645136-17-1N/A10/2/202163834-16-1N/A7/3/202162631-17-2N/A4/3/202161328-121N/A12/31/202062929013N/A9/26/2020658282132N/A6/27/202068930N/A40N/A3/28/202072233N/A41N/A12/31/201972132N/A51N/A9/28/201969824N/A33N/A6/29/201967720N/A28N/A3/30/201965114N/A34N/A12/31/20186299N/A46N/A9/29/201860718N/A41N/A6/30/201858618N/A45N/A3/31/201857221N/A33N/A12/31/201755820N/A35N/A9/30/201755813N/A43N/A7/1/201755214N/A47N/A4/1/201754514N/A51N/A12/31/201655125N/A43N/A10/1/2016565-43N/A39N/A7/2/2016594-57N/A18N/A4/2/2016635-59N/A26N/A12/31/2015666-75N/A24N/A10/3/2015697-5N/A45N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: DCOは今後 3 年間で収益性が向上すると予測されており、これは 貯蓄率 ( 3.7% ) よりも高い成長率であると考えられます。収益対市場: DCO今後 3 年間で収益性が向上すると予想されており、これは市場平均を上回る成長と考えられます。高成長収益: DCO今後 3 年以内に収益を上げることが予想されます。収益対市場: DCOの収益 ( 8.5% ) US市場 ( 12.9% ) よりも低い成長が予測されています。高い収益成長: DCOの収益 ( 8.5% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: DCOの 自己資本利益率 は、3年後には低くなると予測されています ( 10.3 %)。成長企業の発掘7D1Y7D1Y7D1YCapital-goods 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/08/20 22:09終値2026/08/20 00:00収益2026/07/04年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Ducommun Incorporated 5 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。12 アナリスト機関Michael CrawfordB. Riley Securities, Inc.Kenneth HerbertCanaccord GenuityJohn GodynCitigroup Inc9 その他のアナリストを表示
Price Target Changed • Aug 07Price target increased by 7.0% to US$186Up from US$174, the current price target is an average from 5 analysts. New target price is 5.6% below last closing price of US$197. Stock is up 121% over the past year. The company is forecast to post earnings per share of US$4.20 next year compared to a net loss per share of US$2.50 last year.
Price Target Changed • Jul 09Price target increased by 8.4% to US$178Up from US$164, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of US$171. Stock is up 104% over the past year. The company is forecast to post earnings per share of US$3.89 next year compared to a net loss per share of US$2.50 last year.
Price Target Changed • Jul 01Price target increased by 7.8% to US$174Up from US$161, the current price target is an average from 5 analysts. New target price is 8.6% below last closing price of US$190. Stock is up 130% over the past year. The company is forecast to post earnings per share of US$3.88 next year compared to a net loss per share of US$2.50 last year.
Price Target Changed • May 19Price target increased by 10.0% to US$161Up from US$147, the current price target is an average from 5 analysts. New target price is 14% above last closing price of US$142. Stock is up 105% over the past year. The company is forecast to post earnings per share of US$3.88 next year compared to a net loss per share of US$2.50 last year.
Price Target Changed • May 13Price target increased by 7.5% to US$154Up from US$143, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of US$151. Stock is up 128% over the past year. The company is forecast to post earnings per share of US$3.88 next year compared to a net loss per share of US$2.50 last year.
Price Target Changed • Feb 27Price target increased by 16% to US$142Up from US$122, the current price target is an average from 5 analysts. New target price is 15% above last closing price of US$123. Stock is up 110% over the past year. The company is forecast to post earnings per share of US$3.87 next year compared to a net loss per share of US$2.27 last year.
Recent Insider Transactions Derivative • Aug 13Chairman notifies of intention to sell stockStephen Oswald intends to sell 2k shares in the next 90 days after lodging an Intent To Sell Form on the 12th of August. If the sale is conducted around the recent share price of US$202, it would amount to US$453k. For the year to December 2019, Stephen's total compensation was 10% salary and 90% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Stephen currently holds 385.88k shares (0.02555500977861994 of the company). Company insiders have collectively sold US$7.3m more than they bought, via options and on-market transactions in the last 12 months.
新しいナラティブ • Aug 09Missile Backlog And Engineered Products Will Reshape This Aerospace Supplier’s Long-Term ProspectsCatalysts About Ducommun Ducommun supplies engineered products and complex electronic and structural solutions to Commercial Aerospace, Military and Space customers. What are the underlying business or industry changes driving this perspective?
ナラティブ更新 • Aug 07DCO: Missile Upside And Aero Recovery Will Balance Defense Budget PressureDucommun's analyst fair value estimate has been updated from $181 to $190.80 as analysts factor in higher profit margin assumptions, a slightly lower future P/E multiple, and ongoing discussion around missile and munitions exposure versus potential budget pressure on legacy defense programs. Analyst Commentary Recent Street research on Ducommun gives you a mixed picture that focuses on execution in missiles and munitions, exposure to commercial aerospace, and how much of this is already captured in the valuation.
Price Target Changed • Aug 07Price target increased by 7.0% to US$186Up from US$174, the current price target is an average from 5 analysts. New target price is 5.6% below last closing price of US$197. Stock is up 121% over the past year. The company is forecast to post earnings per share of US$4.20 next year compared to a net loss per share of US$2.50 last year.
Reported Earnings • Aug 07Second quarter 2026 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2026 results: EPS: US$1.35 (up from US$0.85 in 2Q 2025). Revenue: US$224.5m (up 12% from 2Q 2025). Net income: US$20.4m (up 60% from 2Q 2025). Profit margin: 9.1% (up from 6.4% in 2Q 2025). Revenue exceeded analyst estimates by 4.7%. Earnings per share (EPS) also surpassed analyst estimates by 38%. Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the Aerospace & Defense industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 147 percentage points per year, which is a significant difference in performance.
Buy Or Sell Opportunity • Jul 29Now 22% undervaluedOver the last 90 days, the stock has risen 19% to US$170. The fair value is estimated to be US$218, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.1% over the last 3 years. Meanwhile, the company became loss making.
ナラティブ更新 • Jul 23DCO: Missile Demand And Aero Recovery Will Offset Defense Budget ConcernsAnalysts have lifted their fair value estimate for Ducommun stock from $173.80 to $181.00, reflecting updated views that incorporate recent price target increases across the Street, along with expectations for continued benefits from commercial aerospace strength and missile and munitions demand, tempered by potential budget pressure on parts of the legacy defense portfolio. Analyst Commentary Recent research on Ducommun points to a split view, with bullish analysts highlighting earnings execution and exposure to commercial aerospace and missiles, while more cautious analysts focus on valuation and defense budget risk.
Seeking Alpha • Jul 14Ducommun Incorporated: Real Defense Tailwinds, Few Good Reasons To WaitSummary Ducommun Incorporated is shifting revenue toward defense, now comprising 58% of FY25 revenues, driving recent stock rerating. I rate DCO a Hold, citing limited current upside, ongoing litigation overhang, and a need for a more defense-centric revenue mix. Valuation remains below peers like Hexcel, but further upside depends on a stronger defense shift and litigation resolution. Existing holders may continue to hold, but new buyers should wait for a better entry price and clearer catalysts. Read the full article on Seeking Alpha
Price Target Changed • Jul 09Price target increased by 8.4% to US$178Up from US$164, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of US$171. Stock is up 104% over the past year. The company is forecast to post earnings per share of US$3.89 next year compared to a net loss per share of US$2.50 last year.
ナラティブ更新 • Jul 09DCO: Missile Demand And Aero Recovery Will Balance Defense Budget And Execution RisksFor Ducommun, the analyst fair value estimate has been revised to $173.80 from $164.00. Analysts point to updated price targets, expectations around missiles and munitions demand, and recent earnings and sector research as the key drivers of this change.
Buy Or Sell Opportunity • Jul 08Now 22% undervaluedOver the last 90 days, the stock has risen 23% to US$173. The fair value is estimated to be US$221, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.1% over the last 3 years. Meanwhile, the company became loss making.
新しいナラティブ • Jul 02Missile Demand And Engineered Content Shifts Will Expose Overvaluation RisksCatalysts About Ducommun Ducommun supplies engineered components and assemblies for commercial aerospace, defense and related industrial applications. What are the underlying business or industry changes driving this perspective?
Price Target Changed • Jul 01Price target increased by 7.8% to US$174Up from US$161, the current price target is an average from 5 analysts. New target price is 8.6% below last closing price of US$190. Stock is up 130% over the past year. The company is forecast to post earnings per share of US$3.88 next year compared to a net loss per share of US$2.50 last year.
お知らせ • Jun 29+ 3 more updatesDucommun Incorporated(NYSE:DCO) dropped from Russell Microcap Value Benchmark IndexDucommun Incorporated(NYSE:DCO) dropped from Russell Microcap Value Benchmark Index
ナラティブ更新 • Jun 25DCO: Q1 Execution And Aero Recovery Will Balance Restatement Governance RisksAnalysts have lifted their blended price target on Ducommun to approximately $164, reflecting updated models following the company’s Q1 earnings beat and improving commercial aerospace trends, alongside ongoing destocking concerns. Analyst Commentary on Ducommun Recent research on Ducommun points to a generally constructive tone, with price targets raised across multiple firms following the Q1 report and sector model updates, while still flagging a few key risks around end market trends and inventory normalization.
ナラティブ更新 • Jun 11DCO: Q1 Execution And Defense Outlook Will Offset Restatement Governance RisksNarrative Update on Ducommun Analysts have collectively raised their price targets on Ducommun into a range of about $150 to $187, citing Q1 earnings outperformance, better than expected commercial aerospace demand despite ongoing destocking, and updated aerospace and defense sector models that still indicate potential upside following recent selloffs. Analyst Commentary Recent research updates reflect a generally constructive stance on Ducommun, with higher price targets supported by Q1 execution and expectations around aerospace and defense demand, while still flagging some execution and end market risks.
ライブニュース • Jun 08Schall Law Firm Investigates Ducommun After Stock-Based Compensation Restatements and Share Price DropThe Schall Law Firm has opened an investigation into Ducommun Incorporated on behalf of investors over potential securities law violations. The probe focuses on whether Ducommun made false or misleading statements or failed to disclose information about how it recognized stock-based compensation expenses. Ducommun previously disclosed a restatement of its 2024 and 2025 financial statements tied to these accounting issues, which was followed by a decline in the share price. The key issue for you is confidence in Ducommun’s financial reporting, since restatements around stock-based compensation can raise questions about internal controls and past earnings quality. You may want to follow how the company responds to the investigation, including any further disclosures or governance changes, because these developments can influence both legal risk and market perception of the stock.
ナラティブ更新 • May 28DCO: Vision 2032 And Defense Backlog Will Offset Aerospace Destocking RisksAnalysts have lifted the Ducommun fair value estimate from $146.60 to $164.00, reflecting higher sector price targets after Q1 earnings beats and updated assumptions around revenue growth, profit margins, and future P/E multiples. Analyst Commentary Recent Street research on Ducommun highlights a broadly constructive tone after the latest Q1 earnings and earlier Q4 results, with several firms revisiting their models and price targets.
Recent Insider Transactions • May 27Insider recently sold US$234k worth of stockOn the 20th of May, Rajiv Tata sold around 2k shares on-market at roughly US$145 per share. This transaction amounted to 4.6% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$1.8m. Insiders have been net sellers, collectively disposing of US$5.6m more than they bought in the last 12 months.
Price Target Changed • May 19Price target increased by 10.0% to US$161Up from US$147, the current price target is an average from 5 analysts. New target price is 14% above last closing price of US$142. Stock is up 105% over the past year. The company is forecast to post earnings per share of US$3.88 next year compared to a net loss per share of US$2.50 last year.
Recent Insider Transactions • May 17Insider recently sold US$877k worth of stockOn the 14th of May, Jerry Redondo sold around 6k shares on-market at roughly US$154 per share. This transaction amounted to 8.4% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$1.4m. Insiders have been net sellers, collectively disposing of US$3.6m more than they bought in the last 12 months.
Price Target Changed • May 13Price target increased by 7.5% to US$154Up from US$143, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of US$151. Stock is up 128% over the past year. The company is forecast to post earnings per share of US$3.88 next year compared to a net loss per share of US$2.50 last year.
Reported Earnings • May 11Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: US$2.50 loss per share (down from US$1.47 profit in FY 2024). Revenue: US$824.8m (up 4.9% from FY 2024). Net loss: US$37.4m (down 272% from profit in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 16%. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 9.1% growth forecast for the Aerospace & Defense industry in the US. Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has increased by 42% per year, which means it is well ahead of earnings.
お知らせ • May 06Ducommun Incorporated Appoints Mark A. Caylor as Independent Director, Effective May 4, 2026Ducommun Incorporated announced that in support of the Company's VISION 2027 Strategy and as part of its ongoing board refreshment process, Mark A. Caylor has been appointed as an independent member of the Company’s Board of Directors (the "Board"), effective May 4, 2026. Mr. Caylor is a seasoned aerospace and defense executive with over 35 years of experience in driving, planning and executing corporate strategy, and identifying and capitalizing on global market opportunities that drive revenue and profitable growth. Mr. Caylor has served as a director on the board of LightPath Technologies Inc., since October 2025 and retired as Corporate Vice President and President of Northrop Grumman’s Mission Systems Sector, a supplier of advanced sensing, processing and communications technologies for defense customers across the United States and Europe in 2024. Prior to that, Mr. Caylor served as President, Enterprise Services and Chief Strategy Officer, leading Northrop Grumman’s corporate strategy, mergers and acquisitions and shared services functions, joining Northrop Grumman in 2002. Mr. Caylor earned his bachelor’s degree in aeronautical and astronautical engineering from the Massachusetts Institute of Technology, and a master’s degree in aeronautics and astronautics from the California Institute of Technology. He later earned a master’s degree in business administration from UCLA’s Anderson School of Management before starting his career in 1988 at Hughes Aircraft Company, which was subsequently acquired by the Boeing Company. This appointment is part of Ducommun’s Board refreshment program designed to help ensure that the Company’s Board has the best mix of skills and experience necessary to support Ducommun’s leadership team in driving VISION 2027 and shareholder value. The Corporate Governance and Nominating Committee conducted a thorough search with the assistance of a leading independent search firm, who evaluated over fifty prospects for this role. This process spanned several months and culminated in Mr. Caylor being identified from among several highly qualified candidates.
ナラティブ更新 • Apr 29DCO: Defense Backlog And Vision 2032 Framework Will Steady Fair OutlookDucommun's updated fair value estimate has moved from $143.20 to $146.60 as analysts factor in a series of higher price targets tied to defense exposure, missile program visibility, and recent margin and backlog trends. Analyst Commentary Recent Street research on Ducommun centers on defense exposure, missile program visibility, and margin execution, which together are feeding into higher fair value estimates and revised price targets.
お知らせ • Apr 28Ducommun Incorporated to Report Q1, 2026 Results on May 12, 2026Ducommun Incorporated announced that they will report Q1, 2026 results at 9:30 AM, US Eastern Standard Time on May 12, 2026
ナラティブ更新 • Apr 10DCO: Defense Exposure And Vision 2032 Plan Will Shape Balanced OutlookAnalysts have made a slight trim to the Ducommun price target, lowering it by about $0.40. They are balancing recent target hikes tied to defense exposure, missile demand and margin plans with a modest reset following the latest Citi update.
ナラティブ更新 • Mar 27DCO: Defense Exposure And Vision 2032 Plan Will Drive Long Term UpsideAnalysts have nudged the Ducommun fair value estimate higher from $142.00 to $143.60. This reflects recent price target increases that are tied to expectations around defense exposure, missile related demand and updated margin ambitions discussed in recent research.
お知らせ • Mar 16Ducommun Incorporated, Annual General Meeting, Apr 29, 2026Ducommun Incorporated, Annual General Meeting, Apr 29, 2026.
ナラティブ更新 • Mar 12DCO: Defense Momentum And Vision 2032 Plan Will Shape Upside Through 2026Narrative Update on Ducommun The analyst price target embedded in our fair value framework for Ducommun has been raised from $130 to $142. This change reflects analysts' higher published targets in the $136 to $155 range, supported by recent commentary around margin expansion, record Q4 revenue and EBITDA, defense program visibility, and the Vision 2032 plan focused on proprietary products and free cash flow.
Recent Insider Transactions • Mar 12Senior VP recently sold US$1.0m worth of stockOn the 10th of March, Suman Mookerji sold around 8k shares on-market at roughly US$132 per share. This transaction amounted to 21% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Suman's only on-market trade for the last 12 months.
Recent Insider Transactions Derivative • Mar 08Independent Director notifies of intention to sell stockRichard Baldridge intends to sell 26k shares in the next 90 days after lodging an Intent To Sell Form on the 5th of March. If the sale is conducted around the recent share price of US$133, it would amount to US$3.4m. Since June 2025, Richard has owned 25.84k shares directly. Company insiders have collectively sold US$335k more than they bought, via options and on-market transactions in the last 12 months.
Price Target Changed • Feb 27Price target increased by 16% to US$142Up from US$122, the current price target is an average from 5 analysts. New target price is 15% above last closing price of US$123. Stock is up 110% over the past year. The company is forecast to post earnings per share of US$3.87 next year compared to a net loss per share of US$2.27 last year.
Reported Earnings • Feb 27Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: US$2.27 loss per share (down from US$2.13 profit in FY 2024). Revenue: US$824.7m (up 4.9% from FY 2024). Net loss: US$33.9m (down 208% from profit in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 16%. Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Aerospace & Defense industry in the US. Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has increased by 30% per year, which means it is well ahead of earnings.
Buy Or Sell Opportunity • Feb 27Now 22% undervaluedOver the last 90 days, the stock has risen 33% to US$122. The fair value is estimated to be US$157, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.1% over the last 3 years. Meanwhile, the company became loss making.
ナラティブ更新 • Feb 26DCO: Defense Agreements And Sector Momentum Will Shape Risk Balance Through 2026The fair value estimate for Ducommun has been raised from $121.60 to $130.00 as analysts factor in higher Street price targets and improved visibility tied to long term defense agreements and updated aerospace and defense group estimates. Analyst Commentary Recent Street research on Ducommun focuses on higher price targets and updated expectations tied to the defense portfolio and broader aerospace and defense coverage.
お知らせ • Feb 12Ducommun Incorporated to Report Q4, 2025 Results on Feb 26, 2026Ducommun Incorporated announced that they will report Q4, 2025 results Pre-Market on Feb 26, 2026
ナラティブ更新 • Feb 11DCO: Sector Momentum And Refined Assumptions Will Shape Risk Balance Through 2026Narrative update on Ducommun The analyst price target for Ducommun has been lifted by $3.80 to $121.60. Analysts point to recent sector wide target increases from firms covering aerospace and defense as support for the higher fair value, as well as a slightly adjusted discount rate and future P/E assumptions.
ナラティブ更新 • Jan 28DCO: Sector Momentum And M&A Plans Will Shape Risk Balance Through 2026Analysts have increased their Ducommun fair value estimate from US$111.40 to US$117.80. This reflects updated assumptions on the discount rate, revenue growth, profit margins, and a higher future P/E multiple in the context of recent sector-wide price target increases.
Price Target Changed • Jan 20Price target increased by 8.7% to US$118Up from US$108, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of US$114. Stock is up 63% over the past year. The company is forecast to post a net loss per share of US$1.96 compared to earnings per share of US$2.13 last year.
ナラティブ更新 • Jan 13DCO: Sector Momentum And Accounting Concerns Will Shape Risk Balance Through 2026Analysts have lifted their price target on Ducommun to about US$111 from roughly US$106, reflecting updated assumptions on revenue growth, profit margins and a lower expected future P/E, alongside recent sector research indicating momentum in aerospace and defense through the first half of 2026. Analyst Commentary Bullish Takeaways Bullish analysts see the higher US$125 price target as reflecting confidence that Ducommun can support a richer valuation while still using a lower future P/E, given their updated revenue and margin assumptions.
Recent Insider Transactions • Dec 12Insider recently sold US$186k worth of stockOn the 10th of December, Jerry Redondo sold around 2k shares on-market at roughly US$92.86 per share. This transaction amounted to 3.0% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$335k more than they bought in the last 12 months.
Recent Insider Transactions Derivative • Nov 13Chairman notifies of intention to sell stockStephen Oswald intends to sell 2k shares in the next 90 days after lodging an Intent To Sell Form on the 11th of November. If the sale is conducted around the recent share price of US$96.30, it would amount to US$240k. For the year to December 2018, Stephen's total compensation was 10% salary and 90% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since March 2025, Stephen's direct individual holding has decreased from 393.71k shares to 380.26k. There has only been one transaction (US$70k sale) from insiders over the last 12 months.
New Risk • Nov 07New major risk - Revenue and earnings growthEarnings have declined by 23% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.
Reported Earnings • Nov 06Third quarter 2025 earnings: EPS misses analyst expectationsThird quarter 2025 results: US$4.30 loss per share (down from US$0.69 profit in 3Q 2024). Revenue: US$212.6m (up 5.5% from 3Q 2024). Net loss: US$64.4m (down US$74.6m from profit in 3Q 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Aerospace & Defense industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance.
お知らせ • Oct 23Ducommun Incorporated to Report Q3, 2025 Results on Nov 06, 2025Ducommun Incorporated announced that they will report Q3, 2025 results Pre-Market on Nov 06, 2025
お知らせ • Oct 10Ducommun Incorporated Reaches Settlement Agreement to Resolve Litigation Related to Guaymas Fire IncidentOn October 3, 2025, Ducommun Incorporated and certain of its wholly-owned subsidiaries entered into a binding settlement term sheet (the “Term Sheet”) to resolve the previously disclosed action captioned Williams International Co., LLC v. Ducommun Incorporated, et al. (No. 2:23-CV-9403-MEMF-AJR) filed in the U.S. District Court for the Central District of California (the “Litigation”) following a mediation held on that date. For additional information about the Litigation, see “Guaymas Performance Center Fire” in Note 10, Commitments and Contingencies, to the unaudited Condensed Consolidated Financial Statements included in the Company’s Quarterly Report on Form 10-Q for the quarterly period ended June 28, 2025, filed with the Securities and Exchange Commission (“SEC”) on August 7, 2025 (the “Q2 2025 Form 10-Q”). The Term Sheet provides for, among other things, the final dismissal of the Litigation with prejudice and a release of claims against the Company in exchange for the Company issuing a payment of $150 million, $56 million of which is expected to be funded by the Company’s insurance carriers. The Term Sheet also includes a mutual release of all of the plaintiff’s past, present and future claims arising from the June 2020 fire (the “Fire”) at the Company’s Guaymas, Mexico performance center and an indemnification in favor of the Company from any future subrogation claims that may be brought by the plaintiff’s insurers. The incident, claim and payment are all one-time events. Excluded from the scope of the Term Sheet are (1) releases from certain of the plaintiff’s insurers for amounts previously paid to the plaintiff for damages incurred from the Fire, in relation to which the company believe claims against the Company are likely time barred, and another insurer who intervened in the Litigation asserting a subrogation claim which it expect to settle in the amount of $1.35 million, and (2) a subrogation claim asserted by the insurer of the entity that provides the labor and facilities for its Guaymas performance center through an arbitration proceeding currently pending in Arizona for amounts it had previously paid to the plaintiff for damages from the Fire and for which it believe to have favorable arguments to successfully defend against the claim. The foregoing claims were previously disclosed in the Second Quarter 2025 Form 10-Q. Final dismissal of the Litigation is subject to the finalization of a definitive settlement agreement not inconsistent with the Term Sheet and the plaintiff dismissing all claims alleged in the Litigation with prejudice, with each of the parties bearing their own fees and expenses. In settling the case, the Company is not admitting any liability, and entry into the Term Sheet does not constitute an admission of liability or fault or an admission regarding the accuracy of any allegation made by the plaintiffs or plaintiffs’ counsel. The Company expects to record the one-time net settlement amount of $94 million (net of insurance recovery) as an expense for the quarter ending September 27, 2025 and to pay such settlement from its existing revolving credit facility within forty-five (45) days of the finalization of the definitive settlement agreement. In addition, the Company expects to record legal expenses of approximately $4 million and $3 million related to this matter in Third Quarter 2025 and Fourth Quarter 2025, respectively. Separately, the Company expects to incur additional expenses of approximately $3 million in future periods related to the subrogation claim asserted by the insurer of the entity that provides labor and facilities for its Guaymas performance center.
Recent Insider Transactions Derivative • Aug 13Chairman notifies of intention to sell stockStephen Oswald intends to sell 4k shares in the next 90 days after lodging an Intent To Sell Form on the 12th of August. If the sale is conducted around the recent share price of US$90.65, it would amount to US$317k. For the year to December 2018, Stephen's total compensation was 10% salary and 90% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since September 2024, Stephen's direct individual holding has increased from 341.15k shares to 380.26k. Company insiders have collectively sold US$258k more than they bought, via options and on-market transactions in the last 12 months.
Price Target Changed • Aug 10Price target increased by 7.1% to US$106Up from US$99.25, the current price target is an average from 4 analysts. New target price is 19% above last closing price of US$89.36. Stock is up 45% over the past year. The company is forecast to post earnings per share of US$3.19 for next year compared to US$2.13 last year.
ナラティブ更新 • Aug 08Defense Modernization And Aerospace Recovery Will Reshape MarketsDucommun's upward price target revision reflects notable improvements in both net profit margin and revenue growth forecasts, resulting in an increased consensus fair value from $99.25 to $106.25. What's in the News Ducommun dropped from the Russell 2000 Dynamic Index.
Reported Earnings • Aug 08Second quarter 2025 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2025 results: EPS: US$0.84 (up from US$0.52 in 2Q 2024). Revenue: US$202.3m (up 2.7% from 2Q 2024). Net income: US$12.6m (up 63% from 2Q 2024). Profit margin: 6.2% (up from 3.9% in 2Q 2024). Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) also surpassed analyst estimates by 13%. Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Aerospace & Defense industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance.
お知らせ • Jul 24Ducommun Incorporated to Report Q2, 2025 Results on Aug 07, 2025Ducommun Incorporated announced that they will report Q2, 2025 results Pre-Market on Aug 07, 2025
Price Target Changed • Jul 18Price target increased by 10% to US$99.60Up from US$90.20, the current price target is an average from 5 analysts. New target price is 10% above last closing price of US$90.54. Stock is up 50% over the past year. The company is forecast to post earnings per share of US$3.28 for next year compared to US$2.13 last year.
Price Target Changed • Jul 11Price target increased by 7.2% to US$91.80Up from US$85.60, the current price target is an average from 5 analysts. New target price is 7.1% above last closing price of US$85.71. Stock is up 44% over the past year. The company is forecast to post earnings per share of US$3.28 for next year compared to US$2.13 last year.
New Risk • Jul 05New major risk - Revenue and earnings growthEarnings have declined by 9.3% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.
お知らせ • Jun 30Ducommun Incorporated(NYSE:DCO) dropped from Russell 2000 Dynamic IndexDucommun Incorporated(NYSE:DCO) dropped from Russell 2000 Dynamic Index
Price Target Changed • Jun 20Price target increased by 8.1% to US$85.60Up from US$79.20, the current price target is an average from 5 analysts. New target price is 6.2% above last closing price of US$80.57. Stock is up 39% over the past year. The company is forecast to post earnings per share of US$3.27 for next year compared to US$2.13 last year.
Reported Earnings • May 07First quarter 2025 earnings releasedFirst quarter 2025 results: Net income: (down US$6.85m from profit in 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 97 percentage points per year, which is a significant difference in performance.
Seeking Alpha • Apr 22Duocommun: A Good Candidate For A Multi-Year CompounderSummary Ducommun (DCO) is a promising investment in the aerospace and defense sector, with strong revenue growth potential despite economic challenges. The company’s diverse product offerings and strong financial position support organic growth and acquisitions, with significant contributions from military, space, and commercial aerospace. DCO's backlog and notable contracts with major players like RTX, Boeing, and Airbus indicate robust future revenue and earnings growth. The recent share price drop presents a compelling entry point, with a near-term price target of $75.50 and long-term growth potential. Read the full article on Seeking Alpha
お知らせ • Apr 22Ducommun Incorporated to Report Q1, 2025 Results on May 06, 2025Ducommun Incorporated announced that they will report Q1, 2025 results Pre-Market on May 06, 2025
Board Change • Mar 17Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 5 highly experienced directors. Independent Director David Carter was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Mar 17Ducommun Incorporated, Annual General Meeting, Apr 30, 2025Ducommun Incorporated, Annual General Meeting, Apr 30, 2025.
Major Estimate Revision • Mar 06Consensus EPS estimates fall by 14%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from US$3.36 to US$2.89 per share. Revenue forecast steady at US$824.5m. Net income forecast to grow 43% next year vs 21% growth forecast for Aerospace & Defense industry in the US. Consensus price target broadly unchanged at US$81.80. Share price fell 6.0% to US$57.65 over the past week.
Reported Earnings • Feb 27Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: US$2.13 (up from US$1.16 in FY 2023). Revenue: US$786.6m (up 3.9% from FY 2023). Net income: US$31.5m (up 98% from FY 2023). Profit margin: 4.0% (up from 2.1% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 3.2%. Revenue is forecast to grow 5.7% p.a. on average during the next 2 years, compared to a 6.8% growth forecast for the Aerospace & Defense industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance.
お知らせ • Feb 13Ducommun Incorporated to Report Q4, 2024 Results on Feb 27, 2025Ducommun Incorporated announced that they will report Q4, 2024 results Pre-Market on Feb 27, 2025
Seeking Alpha • Nov 22Ducommun: Revenue Growth, Airbus Strength, And Vision 2027 ProgressSummary Ducommun reported 2.6% revenue growth, driven by military, space, and Airbus programs. Margins improved, with adjusted EBITDA margin expanding to 15.8% and adjusted EPS up 41%. Robust performance in Airbus A220 and A320 programs offset challenges from Boeing’s strike. Boeing’s recovery is expected to support growth in 2025-2026, especially for the 737 MAX and 787. Facility consolidations and operational streamlining are delivering initial savings, with projected annual savings of $11-13M. Defense backlog increased to $592M, driven by demand for TOW missiles and surveillance. Margin improvements align with DCO’s Vision 2027 goal of 18% adjusted EBITDA margin, supported by strong end markets, cost reductions, and improving aerospace production outlook. Read the full article on Seeking Alpha
Recent Insider Transactions Derivative • Nov 13Chairman notifies of intention to sell stockStephen Oswald intends to sell 3k shares in the next 90 days after lodging an Intent To Sell Form on the 12th of November. If the sale is conducted around the recent share price of US$67.93, it would amount to US$211k. For the year to December 2017, Stephen's total compensation was 12% salary and 88% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since March 2024, Stephen's direct individual holding has decreased from 369.49k shares to 341.15k. Company insiders have collectively sold US$593k more than they bought, via options and on-market transactions in the last 12 months.
Price Target Changed • Nov 08Price target increased by 9.6% to US$83.00Up from US$75.75, the current price target is an average from 4 analysts. New target price is 22% above last closing price of US$68.08. The company posted earnings per share of US$1.16 last year.
Reported Earnings • Nov 08Third quarter 2024 earnings: EPS and revenues exceed analyst expectationsThird quarter 2024 results: EPS: US$0.69 (up from US$0.22 in 3Q 2023). Revenue: US$201.4m (up 2.6% from 3Q 2023). Net income: US$10.1m (up 216% from 3Q 2023). Profit margin: 5.0% (up from 1.6% in 3Q 2023). Revenue exceeded analyst estimates by 3.8%. Earnings per share (EPS) also surpassed analyst estimates by 49%. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Aerospace & Defense industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance.
Valuation Update With 7 Day Price Move • Nov 07Investor sentiment improves as stock rises 15%After last week's 15% share price gain to US$67.72, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 26x in the Aerospace & Defense industry in the US. Total returns to shareholders of 31% over the past three years.
お知らせ • Nov 07Ducommun Incorporated Announces Board ChangesDucommun Incorporated announced that in support of the Company's VISION 2027 Strategy and as part of its ongoing board refreshment process, Daniel G. Korte and Daniel L. Boehle have been appointed as independent members of the Company’s Board of Directors (the "Board"), effective November 5, 2024. Mr. Korte is a seasoned aerospace and defense executive with demonstrated expertise in identifying and capitalizing on global market opportunities that drive revenue and profitable growth. Most recently, Mr. Korte served as Global Vice President of Aerospace at PPG Industries Inc. (“PPG”). Under his leadership, the division saw double-digit revenue growth and increased profitability by driving sales and operational efficiencies. Prior to joining PPG, he served as Chief Executive Officer of LMI Aerospace, where he oversaw the Company’s eventual sale to the Sonaca Group and was the President of the Rolls-Royce Defense Group. From 1985 through 2009, Mr. Korte held various senior level roles at The Boeing Company in supply chain, program management and general management. He currently serves on the Board of Directors of Woodward Inc., where he chairs the Human Capital & Compensation committee. Mr. Boehle is a talented finance executive with 25+ years of experience working with defense manufacturing companies, including serving as the Chief Financial Officer at two leading public companies in the industry. Mr. Boehle currently serves as the Executive Vice President and Chief Financial Officer of TTM Technologies Inc., a position that he has held since September 2023. Previously, Mr. Boehle served as Vice President and Chief Financial Officer for Aerojet Rocketdyne Inc., where he drove profitable growth and was actively involved in financial aspects of the strategic analysis that resulted in Aerojet Rocketdyne’s $4.7bn sale to L3Harris. Before joining Aerojet Rocketdyne, Mr. Boehle served in various financial leadership roles across corporate accounting, financial reporting and financial planning and analysis at Northrop Grumman Corporation. Ducommun also announced that Robert C. Ducommun and Dean M. Flatt will not, per Ducommun’s mandatory director retirement age policy, stand for reelection at Ducommun’s 2025 Annual Meeting. Mr. Ducommun and Mr. Flatt both successfully oversaw the Company’s transition to a more focused Aerospace and Defense platform that involved the streamlining of the organization and the successful acquisition of five companies. The Board will include ten members until Ducommun’s 2025 Annual Meeting, following which it will be comprised again of eight directors.
お知らせ • Oct 24Ducommun Incorporated to Report Q3, 2024 Results on Nov 07, 2024Ducommun Incorporated announced that they will report Q3, 2024 results Pre-Market on Nov 07, 2024
Seeking Alpha • Sep 19Ducommun: Aerospace Growth And Strategic Restructuring Amid Boeing ChallengesSummary Ducommun continues to report revenue growth for 2Q24, driven by both commercial aerospace and military end markets. Additionally, margins expanded, driven by engineered products, pricing actions, and restructuring efforts. Despite ongoing challenges with Boeing and Spirit AeroSystems related to the 737 MAX, it achieved 12 consecutive quarters of revenue growth in commercial aerospace. Additionally, DCO's fuselage skin project for the 737 MAX, expected to start production by late 2024, is expected to bolster the company's aerospace business outlook. While the Boeing strike presents near-term headwinds, DCO's strategic restructuring and cost-saving initiatives, combined with improving production rates, are expected to boost margins and profitability in the long term. Read the full article on Seeking Alpha
新しいナラティブ • Sep 16Strategic Moves And Aerospace Focus Set To Skyrocket Efficiency And Earnings Consolidating facilities and increasing engineered products and aftermarket content are key strategies to boost operational efficiency and net margins.
お知らせ • Jul 26Ignium LP. managed by Albion River Management LLC cancelled the acquisition of 90.98% stake in Ducommun Incorporated (NYSE:DCO).Ignium LP. managed by Albion River Management LLC made an unsolicited non-binding indication of interest to acquire remaining 90.98% stake in Ducommun Incorporated (NYSE:DCO) for approximately $830 million on April 1, 2024. Ignium LP. managed by Albion River Management LLC made an unsolicited non-binding indication of interest to acquire remaining 90.98% stake in Ducommun Incorporated (NYSE:DCO) for approximately $900 million on July 15, 2024. As reported, Albion River will pay $60.00 per share in cash. As of July 15, 2024, Albion River LLC submitted a revised bid to acquire all outstanding shares of Ducommun for $65 per share in cash. This non-binding indication of interest remains contingent upon, among other things (i) satisfactory completion of due diligence review of Ducommun, (ii) the receipt of financing for the transaction, and (iii) the negotiation and execution of a mutually acceptable definitive merger agreement containing customary terms and conditions. Execution of mutually acceptable definitive transaction and related agreements will be conditioned upon final board approval of both companies. On April 16, 2024, the Board of Directors of Ducommun has unanimously determined it is not in the best interests of Ducommun and its shareholders to pursue further discussions regarding the initial proposal of $60 per share and rejected the bid. As of July 15, 2024, Ducommun's Board of Directors received an unsolicited revised non-binding indication of interest from Albion River LLC to acquire all outstanding shares of Ducommun for $65 per share in cash. RBC Capital Markets, LLC is acting as a financial advisor to Ducommun, and Simpson Thacher & Bartlett LLP is acting as legal counsel. Ignium LP. managed by Albion River Management LLC cancelled the acquisition of 90.98% stake in Ducommun Incorporated (NYSE:DCO) on July 25, 2024. The Board of Directors has unanimously determined it is not in the best interests of the Company and Ducommun shareholders to pursue further discussions regarding the proposal. Ducommun's Board of Directors believes that Albion River’s revised proposal significantly undervalues Ducommun’s long-term value for shareholders.
お知らせ • Jul 24Ducommun Incorporated to Report Q2, 2024 Results on Aug 08, 2024Ducommun Incorporated announced that they will report Q2, 2024 results Pre-Market on Aug 08, 2024
Seeking Alpha • Jul 16Ducommun: Robust Air Travel Demand And Defence BacklogSummary DCO's historical financial results have shown consistent top-line growth. However, margins were contracting modestly. For 1Q24, net revenue continued to grow. Additionally, its margins expanded when compared to previous period. DCO's defence backlog is growing, which is a sign that its defence business is growing. Additionally, DCO raised the run rate of the SPY-6 and other defence programmes. Currently, air travel demand is strong, and ICAO forecasts it to continue growing. The robust air travel demand is expected to bolster the DCO outlook. Read the full article on Seeking Alpha
Seeking Alpha • Apr 21Ducommun: Management Expects Margin Expansion And Revenue GrowthSummary Although Ducommun's commercial aerospace business faced substantial headwinds given the beginning of the pandemic, demand from the market has continued to recover in recent years. On April 16, 2024, Ducommun's board rejected an unsolicited, non-binding indication of interest from Albion River LLC offering $60 in cash per share. Ducommun's board feels the offer doesn't fully reflect the company's Vision 2027 plan where the company sees meaningful adjusted EBITDA margin expansion and continued revenue growth. I rate Ducommun a 'Buy' and I would own it in a diversified portfolio given the company's growth potential and relatively attractive valuation with forward EV/EBITDA ratio of 9.18. Read the full article on Seeking Alpha
お知らせ • Apr 19Ducommun Incorporated to Report Q1, 2024 Results on May 08, 2024Ducommun Incorporated announced that they will report Q1, 2024 results Pre-Market on May 08, 2024
分析記事 • Apr 17We Think Shareholders May Want To Consider A Review Of Ducommun Incorporated's (NYSE:DCO) CEO Compensation PackageKey Insights Ducommun to hold its Annual General Meeting on 24th of April Salary of US$959.7k is part of CEO Steve...
Valuation Update With 7 Day Price Move • Apr 09Investor sentiment improves as stock rises 17%After last week's 17% share price gain to US$56.81, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 24x in the Aerospace & Defense industry in the US. Total loss to shareholders of 9.5% over the past three years.
お知らせ • Apr 08Ignium LP, fund managed by Albion River Management LLC made an unsolicited non-binding indication of interest to acquire the remaining 90.97601% stake in Ducommun Incorporated (NYSE:DCO) for approximately $830 million.Ignium LP, fund managed by Albion River Management LLC made an unsolicited non-binding indication of interest to acquire the remaining 90.976012% stake in Ducommun Incorporated (NYSE:DCO) for approximately $830 million on April 1, 2024. Albion River will pay $60.00 per share in cash. This non-binding indication of interest remains contingent upon, among other things (i) satisfactory completion of due diligence review of the Company, (ii) the receipt of financing for the transaction, and (iii) the negotiation and execution of a mutually acceptable definitive merger agreement containing customary terms and conditions. Execution of mutually acceptable definitive transaction and related agreements will be conditioned upon final board approval of both companies. RBC Capital Markets, LLC is acting as a financial advisor to Ducommun, and Simpson Thacher & Bartlett LLP is acting as legal counsel.
お知らせ • Mar 14Ducommun Incorporated, Annual General Meeting, Apr 24, 2024Ducommun Incorporated, Annual General Meeting, Apr 24, 2024, at 09:00 Pacific Standard Time. Agenda: To consider Election of 12 nominated directors; to consider Ratification of the selection of PricewaterhouseCoopers LLP as PNC’s independent registered public accounting firm for 2024; to consider Advisory vote to approve named executive officer compensation; and to consider Approval of The PNC Financial Services Group, Inc. 2025 Employee Stock Purchase Plan; to consider Approve Ducommun’s executive compensation on an advisory basis; to consider Approve the Company’s 2024 Stock Incentive Plan; to Ratify the selection of PricewaterhouseCoopers LLP as Ducommun’s independent registered public accounting firm for the year ending December 31, 2024; and to consider other matters.
Recent Insider Transactions Derivative • Feb 28Chairman notifies of intention to sell stockStephen Oswald intends to sell 8k shares in the next 90 days after lodging an Intent To Sell Form on the 26th of February. If the sale is conducted around the recent share price of US$49.09, it would amount to US$388k. For the year to December 2017, Stephen's total compensation was 14% salary and 86% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since June 2023, Stephen has owned 310.12k shares directly. Company insiders have collectively sold US$35k more than they bought, via options and on-market transactions in the last 12 months.
Major Estimate Revision • Feb 22Consensus EPS estimates fall by 18%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from US$812.6m to US$799.6m. EPS estimate also fell from US$2.36 per share to US$1.92 per share. Net income forecast to grow 100% next year vs 24% growth forecast for Aerospace & Defense industry in the US. Consensus price target down from US$65.60 to US$64.00. Share price fell 2.8% to US$49.37 over the past week.
分析記事 • Feb 18Ducommun Incorporated Beat Analyst Estimates: See What The Consensus Is Forecasting For This YearShareholders might have noticed that Ducommun Incorporated ( NYSE:DCO ) filed its annual result this time last week...
Reported Earnings • Feb 16Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: US$1.16 (down from US$2.38 in FY 2022). Revenue: US$757.0m (up 6.2% from FY 2022). Net income: US$15.9m (down 45% from FY 2022). Profit margin: 2.1% (down from 4.0% in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 9.6%. Revenue is forecast to grow 5.7% p.a. on average during the next 2 years, compared to a 6.5% growth forecast for the Aerospace & Defense industry in the US. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
Seeking Alpha • Feb 06Ducommun Stock Is Still A Buy On End Market GrowthSummary Ducommun Incorporated has gained 12.9% since September 2023, outperforming the S&P 500. The company operates in the aerospace industry, serving major companies such as Boeing and Airbus. Ducommun has significant growth drivers, including exposure to commercial airplane programs and increased defense budgets. Read the full article on Seeking Alpha
お知らせ • Feb 05Ducommun Incorporated Appoints David B. Carter as Independent Director and Member of the Innovation CommitteeDucommun Incorporated announced that its Board of Directors elected David B. Carter as an independent director of the company, effective February 1, 2024. Mr. Carter’s appointment expands the number of directors on Ducommun’s board to nine, eight of whom are independent. Mr. Carter will be a member of the company’s Innovation Committee. Mr. Carter is the retired Senior Vice President of Engineering, Pratt & Whitney Company Inc., currently a subsidiary of RTX Corporation, a position he occupied for four years until his retirement in 2019. Previously, Mr. Carter was the Senior Vice President, Engineering, Operations and Quality at UTC Aerospace Systems from 2015 to 2016 and served as its Vice President, Engineering and Technology from 2012 to 2015. Mr. Carter’s extensive knowledge of Tier 1 and 2 engineered product lines in the sector includes engines, electrical systems, aerostructures, actuation, brakes, sensors and controls, and he was involved in every aspect of product design, development and certification. He expertly managed supplier relationships and outsourcing partners, was responsible for expanding engineering team capabilities internationally and has extensive customer experience dealing with Boeing, Airbus and other original equipment manufacturers. Mr. Carter holds a Master of Science degree in Mechanical Engineering from the University of Virginia, Charlottesville.
お知らせ • Jan 31Ducommun Incorporated to Report Q4, 2023 Results on Feb 15, 2024Ducommun Incorporated announced that they will report Q4, 2023 results Pre-Market on Feb 15, 2024
Recent Insider Transactions Derivative • Dec 17Chairman notifies of intention to sell stockStephen Oswald intends to sell 3k shares in the next 90 days after lodging an Intent To Sell Form on the 14th of December. If the sale is conducted around the recent share price of US$53.10, it would amount to US$159k. For the year to December 2017, Stephen's total compensation was 14% salary and 86% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since March 2023, Stephen's direct individual holding has decreased from 319.75k shares to 310.12k. Company insiders have collectively sold US$29k more than they bought, via options and on-market transactions in the last 12 months.
Recent Insider Transactions Derivative • Nov 16Key Executive exercised options to buy US$246k worth of stock.On the 10th of November, Jerry Redondo exercised 9.00k options at around US$32.90, then sold 4.00k of them at US$47.77 each and kept the remainder. Since March 2023, Jerry's direct individual holding has increased from 57.82k shares to 60.60k. Company insiders have collectively sold US$161k more than they bought, via options and on-market transactions in the last 12 months.
Reported Earnings • Nov 09Third quarter 2023 earnings: EPS misses analyst expectationsThird quarter 2023 results: EPS: US$0.22 (down from US$0.70 in 3Q 2022). Revenue: US$196.3m (up 5.2% from 3Q 2022). Net income: US$3.21m (down 62% from 3Q 2022). Profit margin: 1.6% (down from 4.5% in 3Q 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.2%. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Aerospace & Defense industry in the US. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 6% per year.
お知らせ • Oct 31Ducommun Incorporated to Report Q3, 2023 Results on Nov 08, 2023Ducommun Incorporated announced that they will report Q3, 2023 results Pre-Market on Nov 08, 2023
Seeking Alpha • Sep 14Ducommun Aims For A Bigger Piece Of A Growth PieSummary Ducommun Incorporated provides engineering and manufacturing services for various industries, including aerospace and defense. Ducommun aims to achieve significant revenue growth and increase its EBITDA through restructuring, cost-cutting measures and accretive acquisitions. The company aims to expand its portfolio and extract more value from that portfolio. Read the full article on Seeking Alpha
Major Estimate Revision • Aug 10Consensus EPS estimates fall by 40%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from US$1.97 to US$1.19 per share. Revenue forecast steady at US$766.0m. Net income forecast to grow 43% next year vs 27% growth forecast for Aerospace & Defense industry in the US. Consensus price target broadly unchanged at US$64.25. Share price was steady at US$44.60 over the past week.
分析記事 • Aug 04What Does Ducommun Incorporated's (NYSE:DCO) Share Price Indicate?While Ducommun Incorporated ( NYSE:DCO ) might not be the most widely known stock at the moment, it received a lot of...
