DuPont de Nemours Inc (NYSE: DD) is -4.43% lower on its value in year-to-date trading and has touched a low of $61.14 and a high of $78.74 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 $73.43 in the last trading session, with the day’s gains setting it 0.09%.
Currently trading at $73.52, the stock is 4.29% and 5.28% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.51 million and changing 0.12% at the moment leaves the stock 1.70% off its SMA200. DD registered 6.21% gain for a year compared to 6-month loss of -1.39%. The firm has a 50-day simple moving average (SMA 50) of $2.99 and a 200-day simple moving average (SMA200) of $17.61.
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The stock witnessed a 7.41% gain in the last 1 month and extending the period to 3 months gives it a 0.14%, and is 1.90% up 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 1.44% over the week and 1.48% over the month.
DuPont de Nemours Inc (DD) has around 24000 employees, a market worth around $30.70B and $12.07B in sales. Current P/E ratio is 79.43 and Fwd P/E is 17.69. Profit margin for the company is 3.51%. Distance from 52-week low is 20.25% and -6.63% from its 52-week high. The company has generated returns on investments over the last 12 months (1.30%).
DuPont de Nemours Inc quarterly earnings per share for the current quarter are estimated at $0.65 with sales reaching $2.81B over the same period.The EPS is expected to shrink by -1.24% this year, but quarterly earnings will post 0.10% year-over-year.
DuPont de Nemours Inc (DD) Top Institutional Holders
1,682 institutions hold shares in DuPont de Nemours Inc (DD), with institutional investors hold 75.78% of the company’s shares. The shares outstanding are 430.11M, and float is at 416.46M with Short Float at 2.25%. Institutions hold 75.60% of the Float.
The top institutional shareholder in the company is Vanguard Group Inc with over 44.88 million shares valued at $3.35 billion. The investor’s holdings represent 10.44% of the DD Shares outstanding. As of Sep 29, 2023, the second largest holder is Blackrock Inc. with 30.98 million shares valued at $2.31 billion to account for 7.20% of the shares outstanding. The other top investors are Massachusetts Financial Services Co. which holds 22.86 million shares representing 5.32% and valued at over $1.71 billion, while State Street Corporation holds 4.12% of the shares totaling 17.72 million with a market value of $1.32 billion.
DuPont de Nemours Inc (DD) Insider Activity
The most recent transaction is an insider sale by Goss Michael G.,the company’sController. SEC filings show that Goss Michael G. sold 2,354 shares of the company’s common stock on Mar 13 ’24 at a price of $72.80 per share for a total of $0.17 million. Following the sale, the insider now owns 15587.0 shares.
DuPont de Nemours Inc disclosed in a document filed with the SEC on Nov 14 ’23 that Larrabee Steven P. (SVP & CIO) sold a total of 3,700 shares of the company’s common stock. The trade occurred on Nov 14 ’23 and was made at $70.57 per share for $0.26 million. Following the transaction, the insider now directly holds 29418.0 shares of the DD stock.
Still, SEC filings show that on Aug 31 ’23, Ratnakar Raj (SVP & Chief Strategy Officer) disposed off 50,633 shares at an average price of $77.42 for $3.92 million. The insider now directly holds 31,720 shares of DuPont de Nemours Inc (DD).
