DuPont de Nemours Inc. [DD] Stock trading around $81.09 per share: What’s Next?

DuPont de Nemours Inc. [NYSE: DD] price surged by 0.14 percent to reach at $0.11. The company report on January 22, 2021 that DuPont, Corteva, and Chemours announce resolution of legacy PFAS claims.

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Companies also settle remaining Ohio multi-district PFOA litigation.

DuPont de Nemours, Inc. (NYSE: DD), Corteva, Inc. (NYSE: CTVA) and The Chemours Company (NYSE: CC) announced they have entered into a binding memorandum of understanding containing a settlement to resolve legal disputes originating from the 2015 spin-off of Chemours from E. I. du Pont de Nemours and Company (EID), and to establish a cost sharing arrangement and an escrow account to be used to support and manage potential future legacy PFAS liabilities arising out of pre-July 1, 2015 conduct. The agreement replaces the February 2017 PFOA Settlement and subsequent amendment to the Chemours Separation Agreement. In addition, DuPont, Corteva and Chemours have agreed to resolve the ongoing matters in the multi-district PFOA litigation in Ohio.

A sum of 16852717 shares traded at recent session while its average daily volume was at 7.05M shares. DuPont de Nemours Inc. shares reached a high of $81.27 and dropped to a low of $79.55 until finishing in the latest session at $81.09.

The one-year DD stock forecast points to a potential downside of -5.03. The average equity rating for DD stock is currently 2.20, trading closer to a bullish pattern in the stock market.

Guru’s Opinion on DuPont de Nemours Inc. [DD]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for DD shares is $77.21 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on DD stock is a recommendation set at 2.20. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

BofA Securities have made an estimate for DuPont de Nemours Inc. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on January 21, 2021. The new note on the price target was released on January 14, 2021, representing the official price target for DuPont de Nemours Inc. stock. Previously, the target price had yet another raise to $76, while DZ Bank analysts kept a Sell rating on DD stock.

The Average True Range (ATR) for DuPont de Nemours Inc. is set at 2.46, with the Price to Sales ratio for DD stock in the period of the last 12 months amounting to 2.92. The Price to Book ratio for the last quarter was 1.59. Price to Free Cash Flow for DD in the course of the last twelve months was 32.17 with Quick ratio for the last quarter at 1.20.

DD Stock Performance Analysis:

DuPont de Nemours Inc. [DD] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.84. With this latest performance, DD shares gained by 15.10% in over the last four-week period, additionally plugging by 46.50% over the last 6 months – not to mention a rise of 33.94% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for DD stock in for the last two-week period is set at 62.05, with the RSI for the last a single of trading hit 57.11, and the three-weeks RSI is set at 63.92 for DuPont de Nemours Inc. [DD]. The present Moving Average for the last 50 days of trading for this stock 70.12, while it was recorded at 82.63 for the last single week of trading, and 57.36 for the last 200 days.

Insight into DuPont de Nemours Inc. Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and DuPont de Nemours Inc. [DD] shares currently have an operating margin of +12.96 and a Gross Margin at +29.78. DuPont de Nemours Inc.’s Net Margin is presently recorded at -3.00.

Return on Total Capital for DD is now 2.84, given the latest momentum, and Return on Invested Capital for the company is -0.69. Return on Equity for this stock declined to -0.95, with Return on Assets sitting at -0.50. When it comes to the capital structure of this company, DuPont de Nemours Inc. [DD] has a Total Debt to Total Equity ratio set at 43.92. Additionally, DD Total Debt to Total Capital is recorded at 30.52, with Total Debt to Total Assets ending up at 25.94. Long-Term Debt to Equity for the company is recorded at 34.24, with the Long-Term Debt to Total Capital now at 23.79.

Reflecting on the efficiency of the workforce at the company, DuPont de Nemours Inc. [DD] managed to generate an average of -$18,429 per employee. Receivables Turnover for the company is 2.03 with a Total Asset Turnover recorded at a value of 0.17.DuPont de Nemours Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.20 and a Current Ratio set at 1.80.

DD Stock EPS

With the latest financial reports released by the company, DuPont de Nemours Inc. posted 0.95/share EPS, while the average EPS was predicted by analysts to be reported at 0.95/share. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for DD. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for DuPont de Nemours Inc. go to 2.43%.

DuPont de Nemours Inc. [DD] Insider Position Details

There are presently around $45,322 million, or 78.40% of DD stock, in the hands of institutional investors. The top three institutional holders of DD stocks are: VANGUARD GROUP INC with ownership of 58,873,281, which is approximately -2.19% of the company’s market cap and around 0.09% of the total institutional ownership; BLACKROCK INC., holding 48,050,398 shares of the stock with an approximate value of $3.9 billion in DD stocks shares; and STATE STREET CORP, currently with $2.95 billion in DD stock with ownership of nearly -2.188% of the company’s market capitalization.

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Positions in DuPont de Nemours Inc. stocks held by institutional investors increased at the end of January and at the time of the January reporting period, where 472 institutional holders increased their position in DuPont de Nemours Inc. [NYSE:DD] by around 33,388,666 shares. Additionally, 619 investors decreased positions by around 35,836,597 shares, while 179 investors held positions by with 489,686,832 shares. The mentioned changes placed institutional holdings at 558,912,095 shares, according to the latest SEC report filing. DD stock had 127 new institutional investments in for a total of 2,724,153 shares, while 79 institutional investors sold positions of 3,951,886 shares during the same period.

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