Joseph Berenato - Ducommun Incorporated Director

DCO Stock  USD 55.66  0.59  1.07%   

Director

Mr. Joseph C. Berenato is Director of Ducommun Inc. Mr. Berenato was Chairman of the Board from 1999 to 2012, Chief Executive Officer from 1997 to 2009, President from 1997 to 2007, and Chief Financial Officer from 1991 to 1996. Mr. Berenato presently is a Director or Trustee of six mutual funds in the American Funds Family managed by Capital Research Management Company. As the former Chief Executive Officer of the Corporationrationration, Mr. Berenato provides the Board with a thorough understanding of the strategic direction of the Corporation and has experience in all aspects of the Corporationrationrations business. since 2012.
Age 67
Tenure 12 years
Address 200 Sandpointe Avenue, Santa Ana, CA, United States, 92707-5759
Phone657 335 3665
Webhttps://www.ducommun.com

Ducommun Incorporated Management Efficiency

The company has Return on Asset of 0.0263 % which means that on every $100 spent on assets, it made $0.0263 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0274 %, implying that it generated $0.0274 on every 100 dollars invested. Ducommun Incorporated's management efficiency ratios could be used to measure how well Ducommun Incorporated manages its routine affairs as well as how well it operates its assets and liabilities. As of the 4th of May 2024, Return On Tangible Assets is likely to grow to 0.04, while Return On Capital Employed is likely to drop 0.05. At this time, Ducommun Incorporated's Return On Tangible Assets are very stable compared to the past year. As of the 4th of May 2024, Debt To Assets is likely to grow to 0.41, while Other Current Assets are likely to drop about 9.7 M.
The company has 295.59 M in debt with debt to equity (D/E) ratio of 0.59, which is OK given its current industry classification. Ducommun Incorporated has a current ratio of 2.73, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist Ducommun Incorporated until it has trouble settling it off, either with new capital or with free cash flow. So, Ducommun Incorporated's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Ducommun Incorporated sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Ducommun to invest in growth at high rates of return. When we think about Ducommun Incorporated's use of debt, we should always consider it together with cash and equity.

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Ducommun Incorporated provides engineering and manufacturing products and services primarily to the aerospace and defense, industrial, medical, and other industries in the United States. The company was founded in 1849 and is headquartered in Santa Ana, California. Ducommun operates under Aerospace Defense classification in the United States and is traded on New York Stock Exchange. It employs 2480 people. Ducommun Incorporated (DCO) is traded on New York Stock Exchange in USA. It is located in 200 Sandpointe Avenue, Santa Ana, CA, United States, 92707-5759 and employs 2,265 people. Ducommun Incorporated is listed under Aerospace & Defense category by Fama And French industry classification.

Management Performance

Ducommun Incorporated Leadership Team

Elected by the shareholders, the Ducommun Incorporated's board of directors comprises two types of representatives: Ducommun Incorporated inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Ducommun. The board's role is to monitor Ducommun Incorporated's management team and ensure that shareholders' interests are well served. Ducommun Incorporated's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Ducommun Incorporated's outside directors are responsible for providing unbiased perspectives on the board's policies.
Dean Flatt, Lead Independent Director
Richard Baldridge, Independent Director
Shirley Drazba, Independent Director
Stephen Oswald, Chairman of the Board, President, Chief Executive Officer
Christopher Wampler, Interim Chief Financial Officer, Chief Accounting Officer, Vice President, Controller, Interim Treasurer
Rosalie Rogers, Chief Human Resource Officer, Vice President
Joel Benkie, Pres and COO
Laureen Gonzalez, VP Officer
Gregory Churchill, Independent Director
Chris Witty, IR Contact Officer
Rajiv Tata, Vice President General Counsel, Company Secretary
Kathryn Andrus, Vice President - Internal Audit
Samara Strycker, Independent Director
Sheila Kramer, Independent Director
Anthony Reardon, Chairman, CEO and President of Ducommun Technologies
Jay Haberland, Independent Director
Robert Paulson, Lead Independent Director
James Heiser, VP, General Counsel and Secretary
Kevin Wright, Vice President - Strategy, Business Development for Ducommun AeroStructures and Ducommun LaBarge Technologies
Amy Paul, Vice President General Counsel, Secretary
Suman Mookerji, Vice President of Corporate Development and Investor Relations
Robert Ducommun, Independent Director
Jerry Redondo, Senior Vice President - Operations and Head of Ducommun Structures
Douglas Groves, CFO, VP and Treasurer
Joseph Berenato, Director

Ducommun Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Ducommun Incorporated a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Ducommun Incorporated

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ducommun Incorporated position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ducommun Incorporated will appreciate offsetting losses from the drop in the long position's value.

Moving against Ducommun Stock

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The ability to find closely correlated positions to Ducommun Incorporated could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ducommun Incorporated when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ducommun Incorporated - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ducommun Incorporated to buy it.
The correlation of Ducommun Incorporated is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ducommun Incorporated moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ducommun Incorporated moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ducommun Incorporated can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Ducommun Incorporated offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ducommun Incorporated's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ducommun Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ducommun Incorporated Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ducommun Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Ducommun Stock, please use our How to Invest in Ducommun Incorporated guide.
Note that the Ducommun Incorporated information on this page should be used as a complementary analysis to other Ducommun Incorporated's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

Complementary Tools for Ducommun Stock analysis

When running Ducommun Incorporated's price analysis, check to measure Ducommun Incorporated's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ducommun Incorporated is operating at the current time. Most of Ducommun Incorporated's value examination focuses on studying past and present price action to predict the probability of Ducommun Incorporated's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ducommun Incorporated's price. Additionally, you may evaluate how the addition of Ducommun Incorporated to your portfolios can decrease your overall portfolio volatility.
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Is Ducommun Incorporated's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ducommun Incorporated. If investors know Ducommun will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ducommun Incorporated listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.47)
Earnings Share
1.14
Revenue Per Share
55.186
Quarterly Revenue Growth
0.021
Return On Assets
0.0263
The market value of Ducommun Incorporated is measured differently than its book value, which is the value of Ducommun that is recorded on the company's balance sheet. Investors also form their own opinion of Ducommun Incorporated's value that differs from its market value or its book value, called intrinsic value, which is Ducommun Incorporated's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ducommun Incorporated's market value can be influenced by many factors that don't directly affect Ducommun Incorporated's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ducommun Incorporated's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ducommun Incorporated is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ducommun Incorporated's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.