DucommunDCO
About: Ducommun Inc provides engineering & manufacturing services for high-performance products & high-cost-of failure applications used primarily in the aerospace and defense, industrial, medical & other industries. The company's reportable segments are Structural Systems & Electronic Systems. Structural Systems designs, engineers and manufactures various sizes of complex contoured aerostructure components and assemblies and supplies composite and metal bonded structures and assemblies. Electronic Systems designs, engineers and manufactures high-reliability electronic and electromechanical products used in worldwide technology-driven markets including A&D and Industrial end-use markets. It generates maximum of its revenue from the Electronic Systems.
Employees: 2,265
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
24% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 17
9% more capital invested
Capital invested by funds: $606M [Q1] → $664M (+$57.6M) [Q2]
3% more funds holding
Funds holding: 130 [Q1] → 134 (+4) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 4 [Q1] → 4 (+0) [Q2]
0% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 45
3.07% less ownership
Funds ownership: 81.14% [Q1] → 78.08% (-3.07%) [Q2]
27% less call options, than puts
Call options by funds: $115K | Put options by funds: $157K
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Truist Securities Michael Ciarmoli 72% 1-year accuracy 34 / 47 met price target | 14%upside $71 | Buy Maintained | 18 Oct 2024 |
Goldman Sachs Noah Poponak 68% 1-year accuracy 17 / 25 met price target | 28%upside $80 | Buy Upgraded | 13 Aug 2024 |
Truist Securities Michael Ciarmoli 72% 1-year accuracy 34 / 47 met price target | 16%upside $72 | Buy Reiterated | 9 Aug 2024 |
