DuPont de Nemours Inc. (NYSE: DD) is -1.86% lower on its value in year-to-date trading and has touched a low of $28.33 and a high of $87.27 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The DD stock was last observed hovering at around $68.84 in the last trading session, with the day’s gains setting it 0.95% off its average median price target of $85.00 for the next 12 months. It is also 28.05% off the consensus price target high of $97.00 offered by 24 analysts, but current levels are 1.7% higher than the price target low of $71.00 for the same period.
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Currently trading at $69.79, the stock is -7.62% and -6.14% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 8.47 million and changing 1.38% at the moment leaves the stock 15.57% off its SMA200. DD registered 32.81% gain for a year compared to 6-month gain of 24.03%. The firm has a 50-day simple moving average (SMA 50) of $77.35 and a 200-day simple moving average (SMA200) of $64.60.
The stock witnessed a -17.20% loss in the last 1 month and extending the period to 3 months gives it a 10.50%, and is -1.65% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.29% over the week and 3.41% over the month.
DuPont de Nemours Inc. (DD) has around 34000 employees, a market worth around $37.04B and $20.40B in sales. Fwd P/E is 17.48. Profit margin for the company is -14.50%. Distance from 52-week low is 146.35% and -20.03% from its 52-week high. The company has generated returns on investments over the last 12 months (-3.80%).
DuPont de Nemours Inc. (DD) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for DuPont de Nemours Inc. (DD) is a “Overweight”. 24 analysts offering their recommendations for the stock have an average rating of 2.10, where 10 rate it as a Hold and 2 think it is a “Overweight”. 12 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
DuPont de Nemours Inc. is expected to release its quarterly report on 04/27/2021 and quarterly earnings per share for the current quarter are estimated at $0.76 with sales reaching $3.79B over the same period.The EPS is expected to shrink by -314.70% this year, but quarterly earnings will post -24.50% year-over-year. Quarterly sales are estimated to shrink -27.30% in year-over-year returns.
DuPont de Nemours Inc. (DD) Top Institutional Holders
1,547 institutions hold shares in DuPont de Nemours Inc. (DD), with 484.28k shares held by insiders accounting for 0.09% while institutional investors hold 78.31% of the company’s shares. The shares outstanding are 734.60M, and float is at 537.45M with Short Float at 12.49%. Institutions hold 78.24% of the Float.
The top institutional shareholder in the company is Vanguard Group, Inc. (The) with over 58.87 million shares valued at $3.27 billion. The investor’s holdings represent 8.02% of the DD Shares outstanding. As of Dec 30, 2020, the second largest holder is Blackrock Inc. with 48.47 million shares valued at $3.45 billion to account for 6.60% of the shares outstanding. The other top investors are State Street Corporation which holds 36.37 million shares representing 4.96% and valued at over $2.02 billion, while Price (T.Rowe) Associates Inc holds 3.46% of the shares totaling 25.37 million with a market value of $1.41 billion.
DuPont de Nemours Inc. (DD) Insider Activity
A total of 19 insider transactions have happened at DuPont de Nemours Inc. (DD) in the last six months, with sales accounting for 12 and purchases happening 7 times. The most recent transaction is an insider sale by Stone Randy Lee, the company’s President, T&I. SEC filings show that Stone Randy Lee sold 3,181 shares of the company’s common stock on Jan 28 at a price of $79.97 per share for a total of $0.25 million. Following the sale, the insider now owns 30622.0 shares.
DuPont de Nemours Inc. disclosed in a document filed with the SEC on Sep 15 that Ford Darrell L (SVP and CHRO) sold a total of 12,293 shares of the company’s common stock. The trade occurred on Sep 15 and was made at $59.56 per share for $0.73 million. Following the transaction, the insider now directly holds 43665.0 shares of the DD stock.