DuPont de Nemours Inc (NYSE: DD) is -17.30% lower on its value in year-to-date trading and has touched a low of $53.77 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 $61.84 in the last trading session, with the day’s gains setting it 1.22%.
Currently trading at $63.06, the stock is -2.64% and -14.24% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.49 million and changing 1.97% at the moment leaves the stock -20.37% off its SMA200. DD registered -14.66% loss for a year compared to 6-month loss of -25.89%. The firm has a 50-day simple moving average (SMA 50) of $73.7968 and a 200-day simple moving average (SMA200) of $79.2734.
The stock witnessed a -18.18% gain in the last 1 month and extending the period to 3 months gives it a -18.76%, and is 4.30% 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 3.24% over the week and 5.03% over the month.
DuPont de Nemours Inc (DD) has around 24000 employees, a market worth around $25.88B and $12.39B in sales. Current P/E ratio is 37.76 and Fwd P/E is 13.41. Profit margin for the company is 5.68%. Distance from 52-week low is 17.28% and -29.98% from its 52-week high. The company has generated returns on investments over the last 12 months (2.42%).
The EPS is expected to grow by 5.18% this year
1779.0 institutions hold shares in DuPont de Nemours Inc (DD), with institutional investors hold 73.37% of the company’s shares. The shares outstanding are 417.99M, and float is at 417.38M with Short Float at 1.16%. Institutions hold 73.24% 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 11.0206 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 7.0451 of the shares outstanding. The other top investors are MASSACHUSETTS FINANCIAL SERVICES CO /MA/ which holds 19.51 million shares representing 4.6702 and valued at over $1.57 billion, while STATE STREET CORP holds 3.9692 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).
