Stone Randy Lee Acquires DuPont de Nemours Inc. (DD) Shares

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DuPont de Nemours Inc. (NYSE:DD) finished Wednesday with a subtraction of -$0.98 to close at $67.80, a downside of -1.42 percent. An average of 1,757,020 shares of common stock have been traded in the last five days. There was a gain of $0.29 in the past week, and it reached a new high 8 times over the past 12 months. The last 20 days have seen an average of 2,576,060 shares traded, while the 50-day average volume stands at 3,158,512.

DD stock has decreased by -2.24% in the last month. The company shares reached their 1-month lowest point of $66.31 on 12/22/22. With the stock rallying to its 52-week high on 01/14/22, shares of the company touched a low of $49.52 and a high of $85.16 in 52 weeks. It has reached a new high 6 times so far this year and lost -16.07% or -$12.98 in price. In spite of this, the price is down -20.39% from the 52-week high.


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Insider Transactions

DD stock investors should be aware that DuPont de Nemours Inc. (DD) stock had its last reported insider trading activity 349 days ago on Jan 14. In this transaction, the insider spent $388,025. President, Water & Protection, Weaver Leland, disposed of 2,183 shares at a price of $84.00 on Jan 13. The insider now owns more than $183,372 worth of shares. Prior to that, Controller Goss Michael G. went on to Sale 1,145 shares at $81.50 each on Jan 03. An amount of $93,318 was transacted.

Valuation Metrics

DuPont de Nemours Inc. (DD) has a trailing price-to-earnings (P/E) ratio of 29.62. The stock’s beta is 1.45. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 2.33, the price-to-book (PB) ratio at 1.36, and the price-to-cash flow ratio at 58.18.

The company has a payout ratio of 35.40%. The company’s most recent quarterly dividend payment was $0.33 a share, without any change from last year. Its latest increase dividend $0.03 reported on Tuesday February 8 2022.

Financial Health

The quick ratio of DuPont de Nemours Inc. for the three months ended June 29 was 2.00, and the current ratio was 2.40, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.42 and a total debt to equity ratio of 0.48 for the quarter ending June 29. Its gross profit as reported stood at $5.85 billion compared to revenue of $16.65 billion.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, DuPont de Nemours Inc.’s return on assets was 4.10%.

Earnings Surprise

For the three-month period that ended June 29, DuPont de Nemours Inc. had $10.56 billion in total debt. In the quarter under review, the net income was down than the previous quarter. The company posted a net income of $367.0 million in the quarter, while revenues were shrunk -6.54%. The analyst consensus anticipated DuPont de Nemours Inc.’s latest quarter earnings to come in at $0.95 per share, but it turned out to be $1.13, a 18.90% surprise. For the quarter, EBITDA amounted to $893.0 million. Shareholders own equity worth $496.79 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at DuPont de Nemours Inc. (DD) price momentum. RSI 9-day as of the close on 28 December was 43.62%, suggesting the stock is Neutral, with historical volatility in this time frame at 19.90%.

As of today, DD’s price is $68.24 +0.43% or $0.29 from its 5-day moving average. DD is currently trading -2.39% lower than its 20-day SMA and +15.15% higher than its 100-day SMA. However, the stock’s current price level is +27.40% above the SMA50 and -5.49% below the SMA200.

The stochastic %K and %D were 38.39% and 39.65%, respectively, and the average true range (ATR) was 1.49. With the 14-day stochastic at 26.90% and the average true range at 1.59, the RSI (14) stands at 48.71%. The stock has reached 0.44 on the 9-day MACD Oscillator while the 14-day reading was at -0.21.

Analyst Ratings

The consensus rating for DuPont de Nemours Inc. (DD) among analysts is Buy. According to current brokerage recommendations, 0 brokerage firms advise that investors sell DD, while 5 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 1 analysts, while 17 others rate it as a “buy”.

What is DD’s price target for the next 12 months?

Analysts predict a range of price targets between $70.00 and $103.00, with a median target of $80.00. Taking a look at these predictions, the average price target given by analysts for DuPont de Nemours Inc. (DD) stock is $80.47.

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