DuPont de Nemours Inc [NYSE: DD] stock went on an upward path that rose over 4.09% on Wednesday, amounting to a one-week price increase of more than 5.16%.
Over the last 12 months, DD stock rose by 7.82%. The one-year DuPont de Nemours Inc stock forecast points to a potential upside of 10.01. The average equity rating for DD stock is currently 1.81, trading closer to a bullish pattern in the stock market.
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The market cap for the stock reached $34.99 billion, with 430.11 million shares outstanding and 416.94 million shares in the current float. Compared to the average trading volume of 2.46M shares, DD stock reached a trading volume of 5502058 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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 $93.01 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 1.81. 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.
Citigroup have made an estimate for DuPont de Nemours Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on May 28, 2024. While these analysts kept the previous recommendation, Wells Fargo dropped their target price from $80 to $103. The new note on the price target was released on May 24, 2024, representing the official price target for DuPont de Nemours Inc stock. Previously, the target price had yet another raise to $96, while BMO Capital Markets analysts kept a Outperform rating on DD stock. On May 17, 2024, analysts increased their price target for DD shares from 78 to 101.
The Average True Range (ATR) for DuPont de Nemours Inc is set at 1.53, 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 1.48, with the Price to Cash per share for the same quarter was set at 5.61. Price to Free Cash Flow for DD in the course of the last twelve months was 20.29 with Quick ratio for the last quarter at 1.61.
DD Stock Performance Analysis:
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 5.16. With this latest performance, DD shares gained by 5.59% in over the last four-week period, additionally plugging by 32.96% over the last 6 months – not to mention a rise of 7.82% 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 64.65, with the RSI for the last a single of trading hit 69.59, and the three-weeks RSI is set at 61.85 for DuPont de Nemours Inc [DD]. The present Moving Average for the last 50 days of trading for this stock 80.29, while it was recorded at 80.85 for the last single week of trading, and 74.46 for the last 200 days.
Insight into DuPont de Nemours Inc Fundamentals:
DuPont de Nemours Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.61 and a Current Ratio set at 2.33.
DD Stock EPS
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 9.37%.
DuPont de Nemours Inc [DD] Institutonal Ownership Details
The top three institutional holders of DD stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.5034%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $178.43 billion in DD stocks shares; and BERKSHIRE HATHAWAY INC, currently with $135.36 billion in DD stock with ownership which is approximately 5.1238%.
