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Ducommun Incorporated  (DCO)
Other Ticker:  
 
    Sector  Capital Goods    Industry Aerospace & Defense
   Industry Aerospace & Defense
   Sector  Capital Goods
 
Price: $50.2500 $-0.08 -0.159%
Day's High: $50.95 Week Perf: 0.00
Day's Low: $ 50.06 30 Day Perf: -1.02 %
Volume (M): 221 52 Wk High: $ 55.05
Volume (M$): $ 11,080 52 Wk Avg: $47.91
Open: $50.06 52 Wk Low: $40.24



 Market Capitalization (Millions $) 702
 Shares Outstanding (Millions) 14
 Employees 3,150
 Revenues (TTM) (Millions $) 756
 Net Income (TTM) (Millions $) 16
 Cash Flow (TTM) (Millions $) -3
 Capital Exp. (TTM) (Millions $) 20

Ducommun Incorporated

Ducommun Incorporated is a leading global provider of engineering and manufacturing services for high-performance products and high-cost-of failure applications used primarily in the aerospace, defense, industrial, natural resources, medical and other industries. Ducommun differentiates itself as a full-service solution-based provider, offering a wide range of value-added products and services in our primary businesses of electronics, structures and integrated solutions. We operate through two primary business units: Ducommun LaBarge Technologies and Ducommun AeroStructures. We are the successor to a business that was founded in California in 1849 and reincorporated in Delaware in 1970.

We operate through two primary strategic businesses, Ducommun LaBarge Technologies (“DLT”) and Ducommun Aerostructures (“DAS”), each of which is a reportable operating segment. The results of operations among our operating segments vary due to differences in competitors, customers, extent of proprietary deliverables and performance. DLT designs, engineers and manufactures high-reliability products used in worldwide technology-driven markets including aerospace, defense, natural resources, industrial, and medical and other end-use markets. DLT’s product offerings primarily range from prototype development to complex assemblies as discussed in more detail below. DAS designs, engineers and manufactures large, complex contoured aerospace structural components and assemblies and supplies composite and metal bonded structures and assemblies. DAS’s products are primarily used on commercial aircraft, military fixed-wing aircraft and military and commercial rotary-wing aircraft.

Commercial Aerospace End-Use Market
The commercial aerospace end-use market is highly cyclical and is impacted by the level of global air passenger traffic in general, which in turn is influenced by global economic conditions, fleet fuel and maintenance costs and geopolitical developments. Sales into the commercial aerospace end-use market represented approximately 33% of our net revenues.

Growth in the world’s gross domestic product (“GDP”) is a contributor to global air passenger traffic expansion. Emerging economies in Asia, the Middle East and Latin America, where the GDP per capita expands at a faster rate than the developed markets, are contributing to the growth rate for new commercial aircraft. The demand for air travel is also expected to be influenced by a cyclical rebound and improvement in the economies of the more mature markets of Europe and North America.

Fuel performance has been and will continue to be an increasingly important component of the commercial airlines’ profitability and will continue to be driving demand for newer, more fuel efficient engine designs. Market acceptance is growing for these types of more fuel efficient aircraft from The Boeing Company (“Boeing”) and Airbus Group, formerly known as the European Aeronautic, Defense & Space Company (“EADS”), through their wholly owned subsidiary Airbus (“Airbus”). Replacement of aging fleets due to increasing costs of maintenance or obsolescence and availability of newer, more efficient aircraft also influences commercial aircraft build rates, but to a lesser degree.

Defense End-Use Market

Our defense end-use market includes products used in military and space, including technologies and structures applications. The defense end-use market is highly cyclical and is impacted by the level of government defense spending. Government defense spending is impacted by national defense policies and priorities, political climates, fiscal budgetary constraints, U.S. Federal budget deficits, projected economic growth and the level of global military or security threats, or other conflicts. Sales into the military and space end-use market represented approximately 49% of our net revenues.

We derive a significant portion of our business from customers whose principal sales are to the U.S. Government and from direct sales by us to the U.S. Government.



   Company Address: 200 Sandpointe Avenue, Suite 700 Santa Ana 92707 CA
   Company Phone Number: 335-3665   Stock Exchange / Ticker: NYSE DCO
   


Customers Net Income fell by DCO's Customers Net Profit Margin fell to

-17.09 %

6.72 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

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BA   -2.39%    
LMT   -0.39%    
NOC        0.77% 
SPR   -6.36%    
ETN        0.34% 
GD        1.07% 
• View Complete Report
   



Ducommun Incorporated

Ducommun Incorporated Sees Revenue Boost, But Earnings Take a Hit in Q4 2023


Date: February 20, 2024
Ducommun Incorporated, a leading supplier of electronic and structural solutions for the aerospace and defense industry, recently released its financial results for the most recent fiscal period. While the company saw a revenue advance of 2.483%, the income reduction of -54.42% compared to the same quarter a year before was disappointing.
During the most recent fiscal period, Ducommun Incorporated reported revenue of $192.70 million and earnings per share (EPS) of $0.29. Despite the revenue growth, the income reduction raises concerns about the profitability of the company.

Management Announcement

Inspiring Minds and Building Futures: Ducommun, Los Angeles Chargers, and UC Irvine Celebrate Sixth Anniversary of STEM on the SidelinesTM Initiative

Published Tue, Jan 23 2024 11:30 AM UTC

STEM on the SidelinesTM Initiative Celebrates Sixth Anniversary, Inspiring Southern California High Schools in Science and Technology
In a collaborative effort to promote and inspire students in the fields of Science, Technology, Engineering, and Mathematics (STEM), Ducommun Incorporated, the Los Angeles Chargers, and the University of California, Irvine (UCI) proudly ce...

Ducommun Incorporated

Ducommun Incorporated experiences significant decline in EPS during Q3 2023 despite revenue growth

Ducommun Incorporated is a company that specializes in providing engineering and manufacturing services to the aerospace and defense industries. In the fiscal time-frame ending September 30, 2023, the company experienced a decline in earnings per share (EPS) despite an increase in revenue. The revenue grew by 4.832% to $195.60 million compared to $186.59 million in the previous year. However, the net profit per share decreased by -68.12% to $0.22 per share, down from $0.69 per share in the corresponding three months of the previous year.
To gain a better understanding of Ducommun Incorporated's performance in the third quarter of 2023, it is important to analyze the overall Aerospace & Defense sector. In comparison to its peers, Ducommun Incorporated underperformed as the contemporaries reported a top-line growth of 8.91% from the third quarter of 2022. In the prior quarter, the company achieved a revenue of $187.12 million and a bottom line of $0.17 per share. The net profits for the fiscal time-frame ending September 30, 2023, amounted to $3.213 million, which is a decrease of -62.03% from $8.462 million in the corresponding period the previous year.

Ducommun Incorporated

Ducommun Incorporated Triumphs with a Stunning 14.461% Revenue Surge Amidst Industry Peers in Q2 2023

Ducommun Incorporated (DCO) is facing significant challenges as its earnings per share (EPS) declined despite a revenue increase in the May to July 2023 period. The company witnessed a drastic 74.24% drop in net profit per share, plunging to $0.17 per share. On the other hand, revenue showed a substantial improvement, rising by 14.461% to $187.12 million compared to the same period the previous year.
Although Ducommun Incorporated's revenue surge in the second quarter of 2023 seems impressive when compared to its Aerospace & Defense sector peers, who only recorded an average business elevation of 13.10% in the same period, this positive performance may not be sustainable. It is worth noting that the profit decline from the preceding quarter stood at a significant 59.52%, falling from $0.42 per share. Furthermore, revenue only experienced a modest increase of 3.273% from $181.19 million in the previous quarter.

Ducommun Incorporated

Ducommun Incorporated Thrives with Impressive Revenue Growth amidst 2023 Fiscal Quarter Close

Despite a decline in EPS, Ducommun Incorporated's recent financial performance is a testament to its strength and growth potential. The aerospace and defense company saw a significant increase in revenue, with a rise of 10.833% to $181.19 million in the fiscal interval closing Apr 01 2023. This significant boost in revenue indicates that Ducommun has a thriving business model and can capitalize on market opportunities.
While EPS dropped by -36.36%, the company's net income of $5.231 million in the financial span closing April 01 2023 fell by only -35.41% from the corresponding period a year before, indicative of a decline that is hardly worth worrying about. Ducommun's shift in focus on improving sales is a smart move that will further strengthen the company's revenue streams. The net margin may have eased to 2.89%, but this presents an opportunity for Ducommun to optimize its operations and create even more value for shareholders.






 

Ducommun Incorporated's Segments
 
 
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  Company Estimates  
  Revenue Outlook
Ducommun Incorporated does not provide revenue guidance.

Earnings Outlook
Ducommun Incorporated does not provide earnings estimates.

 
Geographic Revenue Dispersion




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