DuPont de Nemours Inc (NYSE: DD)’s stock price has plunge by -1.18relation to previous closing price of 73.44. Nevertheless, the company has seen a -6.09% plunge in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-11 that The Pyralux ML laminate series by DuPont (DD) performs exceptionally well in harsh situations, making it a versatile choice for a wide range of applications.
Is It Worth Investing in DuPont de Nemours Inc (NYSE: DD) Right Now?
DuPont de Nemours Inc (NYSE: DD) has a price-to-earnings ratio that is above its average at 78.40x. The stock has a 36-month beta value of 1.40. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for DD is 416.46M, and at present, short sellers hold a 1.70% of that float. On April 17, 2024, the average trading volume of DD was 3.25M shares.
DD’s Market Performance
DD stock saw a decrease of -6.09% in the past week, with a monthly decline of -1.17% and a quarterly a decrease of -1.56%. The volatility ratio for the week is 2.15%, and the volatility levels for the last 30 days are 1.43% for DuPont de Nemours Inc (DD). The simple moving average for the last 20 days is -4.06% for DD stock, with a simple moving average of -0.46% for the last 200 days.
Analysts’ Opinion of DD
Wells Fargo, on the other hand, stated in their research note that they expect to see DD reach a price target of $69, previously predicting the price at $85. The rating they have provided for DD stocks is “Equal Weight” according to the report published on January 24th, 2024.
BMO Capital Markets gave a rating of “Market Perform” to DD, setting the target price at $72 in the report published on January 24th of the current year.
DD Trading at 1.22% 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 -7.84% of loss for the given period.
Volatility was left at 1.43%, however, over the last 30 days, the volatility rate increased by 2.15%, as shares sank -1.29% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +16.37% upper at present.
During the last 5 trading sessions, DD fell by -6.09%, which changed the moving average for the period of 200-days by +2.41% in comparison to the 20-day moving average, which settled at $75.60. In addition, DuPont de Nemours Inc saw -5.67% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at DD starting from Goss Michael G., who sale 2,354 shares at the price of $72.80 back on Mar 13 ’24. After this action, Goss Michael G. now owns 15,587 shares of DuPont de Nemours Inc, valued at $171,371 using the latest closing price.
Larrabee Steven P., the SVP & CIO of DuPont de Nemours Inc, sale 3,700 shares at $70.57 during a trade that took place back on Nov 14 ’23, which means that Larrabee Steven P. is holding 29,418 shares at $261,109 based on the most recent closing price.
Stock Fundamentals for DD
Current profitability levels for the company are sitting at:
- 0.04 for the present operating margin
- 0.35 for the gross margin
The net margin for DuPont de Nemours Inc stands at 0.03. The total capital return value is set at 0.01. Equity return is now at value 1.94, with 1.24 for asset returns.
Based on DuPont de Nemours Inc (DD), the company’s capital structure generated 0.25 points at debt to capital in total, while cash flow to debt ratio is standing at 0.24. The debt to equity ratio resting at 0.32. The interest coverage ratio of the stock is 1.18.
Currently, EBITDA for the company is 2.86 billion with net debt to EBITDA at 2.48. When we switch over and look at the enterprise to sales, we see a ratio of 2.9. The receivables turnover for the company is 5.2for trailing twelve months and the total asset turnover is 0.32. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.43.
Conclusion
To sum up, DuPont de Nemours Inc (DD) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
