Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Ducommun Inc before investing.

In this article, we go over a few key elements for understanding Ducommun Inc’s stock price such as:

• Ducommun Inc’s current stock price and volume
• Why Ducommun Inc’s stock price changed recently
• Upgrades and downgrades for DCO from analysts
• DCO’s stock price momentum as measured by its relative strength

About Ducommun Inc (DCO)

Before we jump into Ducommun Inc’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

Ducommun Incorporated provides value-added manufacturing solutions to customers in the aerospace, defense, and industrial markets. It operates through two segments: Electronic Systems and Structural Systems. The Electronic Systems segment designs, engineers and manufactures high-reliability electronic and electromechanical products used in worldwide technology-driven markets, including aerospace and defense and industrial end-use markets. Electronic Systems product offerings primarily range from prototype development to complex assemblies. The Structural Systems segment designs, engineers and manufactures large, complex contoured aerostructure components and assemblies and supplies composite and metal bonded structures and assemblies. Structural Systems products are primarily used on commercial aircraft, military fixed-wing aircraft, and military and commercial rotary-wing aircraft. Its products are used in heavy industrial manufacturing systems and certain medical applications.

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Ducommun Inc’s Stock Price as of Market Close

As of August 14, 2024, 4:00 PM, CST, Ducommun Inc’s stock price was $62.62.

Ducommun Inc is down 4.62% from its previous closing price of $65.65.

During the last market session, Ducommun Inc’s stock traded between $64.37 and $66.13. Currently, there are 14.78 million shares of Ducommun Inc stock available for purchase.

Ducommun Inc’s price-earnings (P/E) ratio is currently at 42.8, which is high compared to the Aerospace & Defense industry median of 31.3. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Ducommun Inc Stock Price History

Ducommun Inc’s (DCO) price is currently down 2.42% so far this month.

During the month of August, Ducommun Inc’s stock price has reached a high of $66.13 and a low of $57.15.

Over the last year, Ducommun Inc has hit prices as high as $66.13 and as low as $42.31. Year to date, Ducommun Inc’s stock is up 25.34%.

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What Caused Ducommun Inc Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of August 13, 2024, there were 0 analysts who downgraded Ducommun Inc’s stock and 3 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Ducommun Inc’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Ducommun Inc’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Ducommun Inc’s current valuation based on AAII’s Value Grade is a D, which means it is considered to be Expensive.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Ducommun Inc (DCO) by visiting AAII Stock Evaluator.

Relative Price Strength of Ducommun Inc

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of August 13, 2024, Ducommun Inc has a weighted four-quarter relative price strength of 6.36%, which translates to a Momentum Score of 85 and is considered to be Very Strong.

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Ducommun Inc Stock Price: Bottom Line

As of August 14, 2024, Ducommun Inc’s stock price is $62.62, which is down 4.62% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Ducommun Inc stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.