DuPont de Nemours Inc (DD) Shares Down Despite Recent Market Volatility

The stock price of DuPont de Nemours Inc (NYSE: DD) has plunged by -0.70 when compared to previous closing price of 84.43, but the company has seen a 3.05% gain in its stock price over the last five trading sessions. zacks.com reported 2024-11-26 that DD gains on its focus on growth through innovation and acquisition as well as productivity improvement actions.

Is It Worth Investing in DuPont de Nemours Inc (NYSE: DD) Right Now?

The price-to-earnings ratio for DuPont de Nemours Inc (NYSE: DD) is above average at 44.10x. The 36-month beta value for DD is also noteworthy at 1.34. There are mixed opinions on the stock, with 9 analysts rating it as a “buy,” 3 rating it as “overweight,” 6 rating it as “hold,” and 1 rating it as “sell.”

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The public float for DD is 416.95M, and at present, short sellers hold a 0.90% of that float. The average trading volume of DD on November 27, 2024 was 1.97M shares.

DD’s Market Performance

DD stock saw a decrease of 3.05% in the past week, with a monthly decline of -0.08% and a quarterly a decrease of 1.59%. The volatility ratio for the week is 1.16%, and the volatility levels for the last 30 days are 1.76% for DuPont de Nemours Inc (DD). The simple moving average for the last 20 days is 0.71% for DD stock, with a simple moving average of 5.74% for the last 200 days.

Analysts’ Opinion of DD

Many brokerage firms have already submitted their reports for DD stocks, with Barclays repeating the rating for DD by listing it as a “Underweight.” The predicted price for DD in the upcoming period, according to Barclays is $84 based on the research report published on October 07, 2024 of the current year 2024.

Citigroup, on the other hand, stated in their research note that they expect to see DD reach a price target of $95, previously predicting the price at $85. The rating they have provided for DD stocks is “Buy” according to the report published on May 28th, 2024.

Wells Fargo gave a rating of “Overweight” to DD, setting the target price at $103 in the report published on May 24th of the current year.

DD Trading at -1.02% 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 -6.91% of loss for the given period.

Volatility was left at 1.76%, however, over the last 30 days, the volatility rate increased by 1.16%, as shares surge +0.48% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.18% upper at present.

During the last 5 trading sessions, DD rose by +3.05%, which changed the moving average for the period of 200-days by +22.45% in comparison to the 20-day moving average, which settled at $83.25. In addition, DuPont de Nemours Inc saw 8.98% 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 Kemp Jon D., who proposed sale 6,100 shares at the price of $83.92 back on Nov 26 ’24. After this action, Kemp Jon D. now owns shares of DuPont de Nemours Inc, valued at $511,917 using the latest closing price.

Larrabee Steven P., the SVP & CIO of DuPont de Nemours Inc, sale 3,100 shares at $81.41 during a trade that took place back on May 31 ’24, which means that Larrabee Steven P. is holding 35,337 shares at $252,385 based on the most recent closing price.

Stock Fundamentals for DD

Current profitability levels for the company are sitting at:

  • 0.1 for the present operating margin
  • 0.31 for the gross margin

The net margin for DuPont de Nemours Inc stands at 0.07. The total capital return value is set at 0.03. Equity return is now at value 2.10, with 1.33 for asset returns.

Based on DuPont de Nemours Inc (DD), the company’s capital structure generated 0.23 points at debt to capital in total, while cash flow to debt ratio is standing at 0.36. The debt to equity ratio resting at 0.3. The interest coverage ratio of the stock is 3.16.

Currently, EBITDA for the company is 2.05 billion with net debt to EBITDA at 2.5. When we switch over and look at the enterprise to sales, we see a ratio of 3.33. The receivables turnover for the company is 5.16for trailing twelve months and the total asset turnover is 0.33. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.28.

Conclusion

In summary, DuPont de Nemours Inc (DD) has had a better performance as of late. Analysts have bullish opinions on the stock, with some viewing 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.

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