The price-to-earnings ratio for DuPont de Nemours Inc. (NYSE: DD) is above average at 36.78x, while the 36-month beta value is 1.42.Analysts have differing opinions on the stock, with 12 analysts rating it as a “buy,” 1 as “overweight,” 6 as “hold,” and 0 as “sell.”
The average price point forecasted by analysts for DuPont de Nemours Inc. (DD) is $83.40, which is $9.1 above the current market price. The public float for DD is 457.90M, and currently, short sellers hold a 1.30% ratio of that floaft. The average trading volume of DD on September 20, 2023 was 2.61M shares.
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DD) stock’s latest price update
DuPont de Nemours Inc. (NYSE: DD)’s stock price has gone decline by -0.41 in comparison to its previous close of 74.78, however, the company has experienced a -0.96% decrease in its stock price over the last five trading days. Zacks Investment Research reported 2023-09-14 that The new resin by DuPont’s (DD) unit Delrin is based on formulations that have set the bar for high-performance plastic gears.
DD’s Market Performance
DD’s stock has fallen by -0.96% in the past week, with a monthly drop of -1.23% and a quarterly rise of 8.40%. The volatility ratio for the week is 1.84% while the volatility levels for the last 30 days are 1.62% for DuPont de Nemours Inc. The simple moving average for the past 20 days is -1.22% for DD’s stock, with a 3.96% simple moving average for the past 200 days.
Analysts’ Opinion of DD
Many brokerage firms have already submitted their reports for DD stocks, with Citigroup repeating the rating for DD by listing it as a “Neutral.” The predicted price for DD in the upcoming period, according to Citigroup is $75 based on the research report published on July 19, 2023 of the current year 2023.
DD Trading at -1.27% 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 -5.42% of loss for the given period.
Volatility was left at 1.62%, however, over the last 30 days, the volatility rate increased by 1.84%, as shares sank -0.44% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.90% upper at present.
During the last 5 trading sessions, DD fell by -0.96%, which changed the moving average for the period of 200-days by +5.62% in comparison to the 20-day moving average, which settled at $75.37. In addition, DuPont de Nemours Inc. saw 8.51% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at DD starting from Ratnakar Raj, who sale 50,633 shares at the price of $77.42 back on Aug 31. After this action, Ratnakar Raj now owns 31,720 shares of DuPont de Nemours Inc., valued at $3,920,007 using the latest closing price.
Ratnakar Raj, the SVP & Chief Strategy Officer of DuPont de Nemours Inc., sale 15,838 shares at $74.56 during a trade that took place back on Aug 25, which means that Ratnakar Raj is holding 31,720 shares at $1,180,881 based on the most recent closing price.
Stock Fundamentals for DD
Current profitability levels for the company are sitting at:
- +15.53 for the present operating margin
- +30.92 for the gross margin
The net margin for DuPont de Nemours Inc. stands at +7.77. The total capital return value is set at 5.48, while invested capital returns managed to touch 2.81. Equity return is now at value 18.10, with 11.30 for asset returns.
Based on DuPont de Nemours Inc. (DD), the company’s capital structure generated 31.98 points at debt to equity in total, while total debt to capital is 24.23. Total debt to assets is 20.55, with long-term debt to equity ratio resting at 30.51. Finally, the long-term debt to capital ratio is 23.12.
When we switch over and look at the enterprise to sales, we see a ratio of 3.02, with the company’s debt to enterprise value settled at 0.22. The receivables turnover for the company is 4.98 and the total asset turnover is 0.30. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.02.
Conclusion
In a nutshell, DuPont de Nemours Inc. (DD) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
