DuPont de Nemours Inc. (NYSE:DD) went down by -1.57% from its latest closing price compared to the recent 1-year high of $86.28. The company’s stock price has collected -4.61% of loss in the last five trading sessions. Barron’s reported on 05/03/22 that DuPont’s Confusing Guidance Overshadows Earnings Beat
Is It Worth Investing in DuPont de Nemours Inc. (NYSE :DD) Right Now?
DuPont de Nemours Inc. (NYSE:DD) scored a price-to-earnings ratio above its average ratio, recording 23.18 x from its present earnings ratio. Plus, the 36-month beta value for DD is at 1.42. Opinions of the stock are interesting as 17 analysts out of 21 who provided ratings for DuPont de Nemours Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 4 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $90.41, which is $26.68 above the current price. DD currently public float of 508.13M and currently shorts hold a 1.02% ratio of that float. Today, the average trading volume of DD was 3.03M shares.
DD’s Market Performance
DD stocks went down by -4.61% for the week, with a monthly drop of -8.02% and a quarterly performance of -20.98%, while its annual performance rate touched -23.55%. The volatility ratio for the week stands at 4.00% while the volatility levels for the past 30 days are set at 3.10% for DuPont de Nemours Inc.. The simple moving average for the period of the last 20 days is -6.24% for DD stocks with a simple moving average of -15.28% for the last 200 days.
Analysts’ Opinion of DD
Many brokerage firms have already submitted their reports for DD stocks, with Mizuho repeating the rating for DD by listing it as a “Buy.” The predicted price for DD in the upcoming period, according to Mizuho is $101 based on the research report published on February 09th of the current year 2022.
Deutsche Bank, on the other hand, stated in their research note that they expect to see DD reach a price target of $100, previously predicting the price at $95. The rating they have provided for DD stocks is “Buy” according to the report published on February 09th, 2022.
Citigroup gave a rating of “Buy” to DD, setting the target price at $96 in the report published on February 09th of the current year.
DD Trading at -11.47% from the 50-Day Moving Average
After a stumble in the market that brought DD to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -26.61% of loss for the given period.
Volatility was left at 3.10%, however, over the last 30 days, the volatility rate increased by 4.00%, as shares sank -7.54% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -18.16% lower at present.
During the last 5 trading sessions, DD fell by -4.61%, which changed the moving average for the period of 200-days by -15.18% in comparison to the 20-day moving average, which settled at $67.27. In addition, DuPont de Nemours Inc. saw -21.61% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at DD starting from Stone Randy Lee, who sale 4,565 shares at the price of $85.00 back on Jan 14. After this action, Stone Randy Lee now owns 67,440 shares of DuPont de Nemours Inc., valued at $388,025 using the latest closing price.
Weaver Leland, the President, Water & Protection of DuPont de Nemours Inc., sale 2,183 shares at $84.00 during a trade that took place back on Jan 13, which means that Weaver Leland is holding 15,096 shares at $183,372 based on the most recent closing price.
Stock Fundamentals for DD
Current profitability levels for the company are sitting at:
- +17.31 for the present operating margin
- +32.16 for the gross margin
The net margin for DuPont de Nemours Inc. stands at +10.54. Equity return is now at value 24.20, with 14.00 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 1.89.