As of Friday close, DuPont de Nemours Inc.’s (NYSE:DD) stock was down -$0.02, moving down -0.03 percent to $72.84. The average number of shares traded per day over the past five days has been 2,085,380 shares. 1 time new highs have been achieved over the past 5 days, with a -$1.72 fall in that time frame. In the last twenty days, the average volume was 2,007,105, while in the previous 50 days, it was 2,383,372.
Since last month, DD stock retreated -2.25%. Shares of the company fell to $72.74 on 09/22/23, the lowest level in the past month. A 52-week high of $78.74 was reached on 07/27/23 after having rallying from a 52-week low of $49.52. Since the beginning of this year, DD’s stock price has risen by 6.13% or $4.21, and marked a new high 10 times. However, the stock has declined by -7.49% since its 52-week high.
DD stock investors should be aware that DuPont de Nemours Inc. (DD) stock had its last reported insider trading activity 23 days ago on Aug 31. Ratnakar Raj, the SVP & Chief Strategy Officer of the company, disposed of 50,633 shares for $77.42 on Aug 31. It resulted in a $3,920,007 divestment by the insider. Ratnakar Raj sold 15,838 shares at an average price of $74.56 on Aug 25. The insider now owns 31,720 shares following the transaction. On Aug 09, President, Electronics & Indus Kemp Jon D. sold 5,200 shares at $77.46 apiece. The transaction was valued at $402,792.
Valuation Metrics
Right now, DuPont de Nemours Inc. (DD) has a P/E ratio of about 35.97. The stock’s beta is 1.41. Besides these, the trailing price-to-sales (P/S) ratio of 2.69, the price-to-book (PB) ratio of 1.28, and the price-to-cash flow ratio of 120.83 may also be considered.
The latest dividend of $0.36 per share was paid out, remained unchanged from last year’s $0.36. On Tuesday February 7 2023, a $0.03 dividend increase was announced.
Financial Health
In the three months ended June 29, DuPont de Nemours Inc.’s quick ratio stood at 2.30, while its current ratio was 3.00, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 0.30, and the total debt-to-equity ratio was 0.31. On the profitability front, the trailing twelve-month gross margin is 34.90% percent. In the year ended June 29, EBITDA margin amounted to 24.25%, whereas operating margins totaled 13.30%. Based on annual data, DD earned $4.62 billion in gross profit and brought in $13.02 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 3.90%. Return on equity (ROE) for the past 12 months was 18.10%.
In DuPont de Nemours Inc.’s quarter-end financial report for June 29, it reported total debt of $7.78 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. DD’s revenue fell -7.37% to $3.02 billion during the quarter, while net income inched up to $3.09 billion. While analysts expected DuPont de Nemours Inc. to report $0.95 quarterly earnings, the actual figure was $1.13 per share, beating the consensus estimate by 18.90%. During the quarter, the company generated $728.0 million in EBITDA. The liabilities of DuPont de Nemours Inc. were 14.24 billion at the end of its most recent quarter ended June 29, and its total debt was $8.6 billion. The value of shareholders’ equity is $459.06 million.
Technical Picture
This quick technical analysis looks at DuPont de Nemours Inc.’s (DD) price momentum. With a historical volatility rate of 12.64%, the RSI 9-day stood at 30.17% on 22 September.
With respect to its five-day moving average, the current DuPont de Nemours Inc. price is down by -2.31% percent or -$1.72. At present, DD shares trade -1.90% below its 20-day simple moving average and +4.99% percent above its 100-day simple moving average. However, the stock is currently trading approximately -0.49% below its SMA50 and +3.44% above its SMA200.
Stochastic coefficient K was 1.57% and Stochastic coefficient D was 5.79%, while ATR was 1.24. Given the Stochastic reading of 2.11% for the 14-day period, the RSI (14) reading has been calculated as 36.90%. As of today, the MACD Oscillator reading stands at -0.99, while the 14-day reading stands at -1.47.
Analyst Ratings
Citigroup reiterated its a Neutral rating on DuPont de Nemours Inc. (NYSE: DD) in a note to investors. The analysts firm has however raised their price target to $75, representing a possible -1.17% increase in the stock price. DuPont de Nemours Inc. (DD) has been rated Overweight by analysts. According to 0 brokerage firms, DD is a sell, and 6 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 1 analyst rate DuPont de Nemours Inc. stock as buy, with 12 recommending it as overweight.
With a median target price of $83.00, the current consensus forecast for the stock is $73.00 – $92.00. Based on these forecasts, analysts predict DuPont de Nemours Inc. (DD) will achieve an average price target of $83.40.
