DuPont de Nemours Inc (NYSE: DD) is -2.36% lower on its value in year-to-date trading and has touched a low of $61.14 and a high of $90.06 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 $75.08 in the last trading session, with the day’s loss setting it -0.63%.
Currently trading at $74.45, the stock is -4.15% and -8.10% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.06 million and changing -0.84% at the moment leaves the stock -7.46% off its SMA200. DD registered -2.90% loss for a year compared to 6-month gain of -6.43%. The firm has a 50-day simple moving average (SMA 50) of $81.0142 and a 200-day simple moving average (SMA200) of $80.4531.
The stock witnessed a -10.11% loss in the last 1 month and extending the period to 3 months gives it a -11.87%, and is -2.36% 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 1.83% over the week and 1.68% over the month.
DuPont de Nemours Inc (DD) has around 24000 employees, a market worth around $31.12B and $12.19B in sales. Current P/E ratio is 39.16 and Fwd P/E is 16.84. Profit margin for the company is 6.55%. Distance from 52-week low is 21.77% and -17.33% from its 52-week high. The company has generated returns on investments over the last 12 months (2.52%).
The EPS is expected to grow by 12.55% this year
1756.0 institutions hold shares in DuPont de Nemours Inc (DD), with institutional investors hold 72.32% of the company’s shares. The shares outstanding are 417.89M, and float is at 416.98M with Short Float at 1.01%. Institutions hold 72.23% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 46.04 million shares valued at $3.71 billion. The investor’s holdings represent 10.8903 of the DD Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 29.43 million shares valued at $2.37 billion to account for 6.9618 of the shares outstanding. The other top investors are MASSACHUSETTS FINANCIAL SERVICES CO /MA/ which holds 19.51 million shares representing 4.615 and valued at over $1.57 billion, while STATE STREET CORP holds 3.9223 of the shares totaling 16.58 million with a market value of $1.33 billion.
DuPont de Nemours Inc (DD) Insider Activity
The most recent transaction is an insider sale by Kemp Jon D., the company’s President, Electronics & Indus. SEC filings show that Kemp Jon D. sold 6,100 shares of the company’s common stock on Nov 26 ’24 at a price of $83.92 per share for a total of $0.51 million. Following the sale, the insider now owns 83550.0 shares.
Still, SEC filings show that on May 31 ’24, Larrabee Steven P. (SVP & CIO) disposed off 3,100 shares at an average price of $81.41 for $0.25 million. The insider now directly holds 35,337 shares of DuPont de Nemours Inc (DD).
