Alert: Positive Investment/Fundamental Signals (6/28/24)-Ducommun Inc (NYSE: DCO)

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Ducommun Inc (NYSE: DCO). Extremely important positive changes in investment behavior have recently occurred: positive upside/downside volume developed, the stock’s recent price rise disrupted its longer term downtrend, and the stock rose on very heavy volume.

Marginal positive changes in Ducommun Inc (NYSE: DCO) fundamentals have recently occurred: the consensus estimate for December, 2025 increased significantly.

In light of these very positive signals we are reviewing our current Overall Rating of B. We would continue to view the shares with optimism pending completion of this review in the next several days.

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Current PriceTarget Research Rating

DCO’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to be a modest Value Builder.

Ducommun has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Ducommun has a neutral Appreciation Score of 54 but a very high Power Rating of 86, with the Positive Value Trend Rating the result.

Recent Price Action

On 6/28/24, Ducommun Inc (NYSE: DCO) stock increased 1.2%, closing at $58.06. Moreover, exceptionally high trading volume at 297% of normal accompanied the advance. Relative to the market the stock has been strong over the last nine months and has risen 0.6% during the last week.

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