Fintel reports that on May 5, 2023, Truist Securities maintained coverage of Ducommun (NYSE:DCO) with a Buy recommendation.
Analyst Price Forecast Suggests 34.93% Upside
As of April 24, 2023, the average one-year price target for Ducommun is 65.02. The forecasts range from a low of 53.53 to a high of $75.60. The average price target represents an increase of 34.93% from its latest reported closing price of 48.19.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Ducommun is 761MM, an increase of 4.18%. The projected annual non-GAAP EPS is 3.27.
What is the Fund Sentiment?
There are 313 funds or institutions reporting positions in Ducommun. This is an increase of 21 owner(s) or 7.19% in the last quarter. Average portfolio weight of all funds dedicated to DCO is 0.22%, an increase of 14.70%. Total shares owned by institutions decreased in the last three months by 0.14% to 12,493K shares. 
The put/call ratio of DCO is 1.13, indicating a bearish outlook.
What are Other Shareholders Doing?
Paradigm Capital Management holds 711K shares representing 5.81% ownership of the company. In it's prior filing, the firm reported owning 740K shares, representing a decrease of 4.14%. The firm increased its portfolio allocation in DCO by 11.31% over the last quarter.
William Blair Investment Management holds 554K shares representing 4.53% ownership of the company. In it's prior filing, the firm reported owning 550K shares, representing an increase of 0.72%. The firm increased its portfolio allocation in DCO by 22.80% over the last quarter.
Wellington Management Group Llp holds 480K shares representing 3.92% ownership of the company. In it's prior filing, the firm reported owning 486K shares, representing a decrease of 1.40%. The firm increased its portfolio allocation in DCO by 16.95% over the last quarter.
Goldman Sachs Group holds 460K shares representing 3.76% ownership of the company. In it's prior filing, the firm reported owning 556K shares, representing a decrease of 21.04%. The firm increased its portfolio allocation in DCO by 0.76% over the last quarter.
Royal Bank Of Canada holds 416K shares representing 3.40% ownership of the company. In it's prior filing, the firm reported owning 425K shares, representing a decrease of 2.18%. The firm increased its portfolio allocation in DCO by 12.31% over the last quarter.
Ducommun Background Information
(This description is provided by the company.)
Ducommun Incorporated delivers value-added innovative manufacturing solutions to customers in the aerospace, defense and industrial markets. Founded in 1849, the Company specializes in two core areas - Electronic Systems and Structural Systems - to produce complex products and components for commercial aircraft platforms, mission-critical military and space programs, and sophisticated industrial applications.
This story originally appeared on Fintel.
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