DuPont de Nemours Inc [DD] stock Downgrade by Barclays analyst, price target now $84

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DuPont de Nemours Inc [NYSE: DD] traded at a high on Tuesday, posting a 4.67 gain after which it closed the day’ session at $85.67.

The results of the trading session contributed to over 5222707 shares changing hands. Over the past one week, the price volatility of DuPont de Nemours Inc stands at 2.07% while the volatility over the past one month is 1.58%.

The market cap for DD stock reached $35.77 billion, with 430.11 million shares outstanding and 416.50 million shares in the current float. Compared to the average trading volume of 1.78M shares, DD reached a trading volume of 5222707 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say 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 $98.60 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 1.90. 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.

Barclays have made an estimate for DuPont de Nemours Inc shares, keeping their opinion on the stock as Underweight, with their previous recommendation back on October 07, 2024. While these analysts kept the previous recommendation, Citigroup raised their target price from $85 to $95. The new note on the price target was released on May 28, 2024, representing the official price target for DuPont de Nemours Inc stock. Previously, the target price had yet another raise from $80 to $103, while Wells Fargo kept a Overweight rating on DD stock.

The Average True Range (ATR) for DuPont de Nemours Inc is set at 1.65, with the Price to Sales ratio for DD stock in the period of the last 12 months amounting to 2.93. 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 3.95. Price to Free Cash Flow for DD in the course of the last twelve months was 23.05 with Quick ratio for the last quarter at 1.49.

How has DD stock performed recently?

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 2.67. With this latest performance, DD shares dropped by -0.31% in over the last four-week period, additionally plugging by 8.05% over the last 6 months – not to mention a rise of 22.97% 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 56.52, with the RSI for the last a single of trading hit 60.87, and the three-weeks RSI is set at 55.13 for DuPont de Nemours Inc [DD]. The present Moving Average for the last 50 days of trading for this stock 84.18, while it was recorded at 83.26 for the last single week of trading, and 77.93 for the last 200 days.

DuPont de Nemours Inc [DD]: Deeper insight into the fundamentals

DuPont de Nemours Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.49 and a Current Ratio set at 2.28.

Earnings analysis for DuPont de Nemours Inc [DD]

With the latest financial reports released by the company, DuPont de Nemours Inc posted 0.92/share EPS, while the average EPS was predicted by analysts to be reported at 0.84/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.08. 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 11.12%.

Insider trade positions for DuPont de Nemours Inc [DD]

There are presently around $72.26%, or 72.35%% of DD stock, in the hands of institutional investors. The top three institutional holders of DD stocks are: VANGUARD GROUP INC with ownership of 46.04 million shares, which is approximately 10.8903%. BLACKROCK INC., holding 29.43 million shares of the stock with an approximate value of $$2.37 billion in DD stocks shares; and BLACKROCK INC., currently with $$1.57 billion in DD stock with ownership which is approximately 4.615%.