The stock of DuPont de Nemours Inc (NYSE:DD) last traded at $81.12, up 2.77% from the previous session.
DD stock price is now 6.58% away from the 50-day moving average and 10.78% away from the 200-day moving average. The market capitalization of the company currently stands at $33.92B.
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With the price target enhanced from $80 to $103, Wells Fargo Upgraded its rating from Equal Weight to Overweight for DuPont de Nemours Inc (NYSE: DD). On May 23, 2024, BMO Capital Markets Upgraded its previous ‘Market Perform’ rating to ‘Outperform’ on the stock keeping its target price maintained at $96, while ‘Jefferies’ rates the stock as ‘Buy’
In other news, Goss Michael G., Controller sold 1,339 shares of the company’s stock on May 09 ’24. The stock was sold for $104,884 at an average price of $78.33. Upon completion of the transaction, the Controller now directly owns 14,012 shares in the company, valued at $1.14 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 06 ’24, President, Water & Protection Weaver Leland sold 18,500 shares of the business’s stock. A total of $1,450,400 was realized by selling the stock at an average price of $78.40. This leaves the insider owning 24,476 shares of the company worth $1.99 million. A total of 0.27% of the company’s stock is owned by insiders.
During the past 12 months, DuPont de Nemours Inc has had a low of $61.14 and a high of $80.46. As of last week, the company has a debt-to-equity ratio of 0.35, a current ratio of 2.33, and a quick ratio of 1.61. According to the stock market information, the enterprise value for the company is $40731627520, which is based on a 99.83 price-to-earnings ratio, a 10.11 price-to-earnings-growth ratio, and a beta of 1.36. The fifty day moving average price for DD is $76.2574 and a two-hundred day moving average price translates $73.24825 for the stock.
The latest earnings results from DuPont de Nemours Inc (NYSE: DD) was released for 2024-03-31. According to the Specialty Chemicals Company, earnings per share came in at 0.92, beating analysts’ expectations of 0.84 by 0.08. This compares to -$0.02 EPS in the same period last year. The net profit margin was 2.96% and return on equity was 1.61% for DD. The company reported revenue of $2.93 billion for the quarter, compared to $3.02 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -2.88 percent. For the current quarter, analysts expect DD to generate $3.04B in revenue.
