Market Analysts see DuPont de Nemours Inc. [DD] gaining to $98. Time to buy?

DuPont de Nemours Inc. [NYSE: DD] gained 1.40% on the last trading session, reaching $84.72 price per share at the time. The company report on May 13, 2021 that DuPont, CABEE and its Partners Held Seminar on Sustainable Flame Retardants for Energy-efficient Buildings in Shanghai.

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The green and safer-by-design BLUEDGE™ Polymeric Flame-Retardant technology patented by DuPont will be promising as hexabromocyclododecane (HBCD) will be fully banned when a 5-year exemption expires on December 26th, 2021 in China.

SHANGHAI, China, May 13, 2021 /PRNewswire-PRWeb/ — DuPont (NYSE: DD), together with the China Association of Building Energy Efficiency (CABEE) and its partners Lanxess, ICL Industrial Products (ICL-IP), Shandong Sunris New Materials Co., Ltd. (Sunris), and Guangzhou Fuda Thermal Insulation Materials Co., Ltd. (Guangzhou Fuda), held a Seminar on Sustainable Flame Retardants for Energy-efficient Buildings in Shanghai on May 12, 2021. The seminar was held to further promote the ban of hexabromocyclododecane (HBCD) and the application of a safer alternative to HBCD. DuPont also released the White Paper on BLUEDGE™ Polymeric Flame Retardant at the symposium.

DuPont de Nemours Inc. represents 604.80 million in outstanding shares, while the company has a total market value of $45.06 billion with the latest information. DD stock price has been found in the range of $83.87 to $85.07.

If compared to the average trading volume of 3.33M shares, DD reached a trading volume of 6249154 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about 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 $88.89 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.

Morgan Stanley have made an estimate for DuPont de Nemours Inc. shares, keeping their opinion on the stock as Equal-Weight, with their previous recommendation back on May 26, 2021. The new note on the price target was released on May 11, 2021, representing the official price target for DuPont de Nemours Inc. stock. Previously, the target price had yet another raise to $84, while Barclays analysts kept a Equal Weight rating on DD stock.

The Average True Range (ATR) for DuPont de Nemours Inc. is set at 1.87, with the Price to Sales ratio for DD stock in the period of the last 12 months amounting to 2.35. The Price to Book ratio for the last quarter was 1.88, with the Price to Cash per share for the same quarter was set at 12.00. Price to Free Cash Flow for DD in the course of the last twelve months was 15.98 with Quick ratio for the last quarter at 1.80.

Trading performance analysis for DD stock

DuPont de Nemours Inc. [DD] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.76. With this latest performance, DD shares gained by 9.95% in over the last four-week period, additionally plugging by 28.68% over the last 6 months – not to mention a rise of 67.76% 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 61.85, with the RSI for the last a single of trading hit 61.81, and the three-weeks RSI is set at 61.04 for DuPont de Nemours Inc. [DD]. The present Moving Average for the last 50 days of trading for this stock 79.15, while it was recorded at 84.21 for the last single week of trading, and 69.24 for the last 200 days.

DuPont de Nemours Inc. [DD]: A deeper dive into fundamental analysis

Operating Margin for any stock indicates how profitable investing would be, and DuPont de Nemours Inc. [DD] shares currently have an operating margin of +9.34 and a Gross Margin at +24.52. DuPont de Nemours Inc.’s Net Margin is presently recorded at -14.23.

Return on Total Capital for DD is now 3.15, given the latest momentum, and Return on Invested Capital for the company is -5.01. Return on Equity for this stock declined to -7.30, with Return on Assets sitting at -4.14. 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 58.31. Additionally, DD Total Debt to Total Capital is recorded at 36.83, with Total Debt to Total Assets ending up at 31.67. Long-Term Debt to Equity for the company is recorded at 57.86, with the Long-Term Debt to Total Capital now at 36.55.

Reflecting on the efficiency of the workforce at the company, DuPont de Nemours Inc. [DD] managed to generate an average of -$85,353 per employee. Receivables Turnover for the company is 5.52 with a Total Asset Turnover recorded at a value of 0.29.DuPont de Nemours Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.80 and a Current Ratio set at 2.20.

DuPont de Nemours Inc. [DD]: An earnings per share (EPS) analysis

With the latest financial reports released by the company, DuPont de Nemours Inc. posted 0.7/share EPS, while the average EPS was predicted by analysts to be reported at 0.59/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 18.60%. 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 29.80%.

An analysis of insider ownership at DuPont de Nemours Inc. [DD]

There are presently around $32,086 million, or 73.50% of DD stock, in the hands of institutional investors. The top three institutional holders of DD stocks are: VANGUARD GROUP INC with ownership of 43,180,634, which is approximately -25.757% of the company’s market cap and around 0.10% of the total institutional ownership; BLACKROCK INC., holding 36,045,374 shares of the stock with an approximate value of $3.01 billion in DD stocks shares; and STATE STREET CORP, currently with $2.32 billion in DD stock with ownership of nearly -23.326% 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 May and at the time of the May reporting period, where 476 institutional holders increased their position in DuPont de Nemours Inc. [NYSE:DD] by around 26,203,792 shares. Additionally, 777 investors decreased positions by around 227,676,923 shares, while 161 investors held positions by with 130,154,586 shares. The mentioned changes placed institutional holdings at 384,035,301 shares, according to the latest SEC report filing. DD stock had 132 new institutional investments in for a total of 8,135,091 shares, while 140 institutional investors sold positions of 37,999,680 shares during the same period.

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