Market Update: DuPont de Nemours Inc (DD) Sees Negative Movement, Closing at 79.87

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In the latest session, DuPont de Nemours Inc (NYSE: DD) closed at $79.87 down -1.05% from its previous closing price of $80.72. In other words, the price has decreased by -$1.05 from its previous closing price. On the day, 1.84 million shares were traded. DD stock price reached its highest trading level at $80.95 during the session, while it also had its lowest trading level at $79.84.

Ratios:

For a deeper understanding of DuPont de Nemours Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 14.23 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.36. For the most recent quarter (mrq), Quick Ratio is recorded 1.61 and its Current Ratio is at 2.33. In the meantime, Its Debt-to-Equity ratio is 0.35 whereas as Long-Term Debt/Eq ratio is at 0.35.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Citigroup on May 28, 2024, Upgraded its rating to Buy and sets its target price to $95 from $85 previously.

On May 24, 2024, Wells Fargo Upgraded its rating to Overweight which previously was Equal Weight and also upped its target price recommendation from $80 to $103.

BMO Capital Markets Upgraded its Market Perform to Outperform on May 23, 2024, while the target price for the stock was maintained at $96.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jun 03 ’24 when Kemp Jon D. sold 5,000 shares for $81.15 per share. The transaction valued at 405,774 led to the insider holds 102,004 shares of the business.

Larrabee Steven P. sold 3,100 shares of DD for $252,385 on May 31 ’24. The SVP & CIO now owns 35,337 shares after completing the transaction at $81.41 per share. On May 09 ’24, another insider, Goss Michael G., who serves as the Controller of the company, sold 1,339 shares for $78.33 each. As a result, the insider received 104,884 and left with 14,012 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DD now has a Market Capitalization of 33749387264 and an Enterprise Value of 40208998400. As of this moment, DuPont’s Price-to-Earnings (P/E) ratio for their current fiscal year is 98.29, and their Forward P/E ratio for the next fiscal year is 18.66. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 10.49. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.79 while its Price-to-Book (P/B) ratio in mrq is 1.42. Its current Enterprise Value per Revenue stands at 3.356 whereas that against EBITDA is 14.173.

Stock Price History:

The Beta on a monthly basis for DD is 1.33, which has changed by 0.17837119 over the last 52 weeks, in comparison to a change of 0.2586832 over the same period for the S&P500. Over the past 52 weeks, DD has reached a high of $82.62, while it has fallen to a 52-week low of $61.14. The 50-Day Moving Average of the stock is 2.56%, while the 200-Day Moving Average is calculated to be 8.43%.

Shares Statistics:

For the past three months, DD has traded an average of 2.38M shares per day and 1852450 over the past ten days. A total of 430.11M shares are outstanding, with a floating share count of 416.94M. Insiders hold about 0.28% of the company’s shares, while institutions hold 72.87% stake in the company. Shares short for DD as of 1715731200 were 4423310 with a Short Ratio of 2.34, compared to 1713139200 on 5373486. Therefore, it implies a Short% of Shares Outstanding of 4423310 and a Short% of Float of 1.2.

Dividends & Splits

According to the company, the forward annual dividend rate for DD is 1.48, from 1.46 in the trailing year. Against a Trailing Annual Dividend Yield of 0.018087216The stock’s 5-year Average Dividend Yield is 2.27. The current Payout Ratio is 153.60% for DD, which recently paid a dividend on 2024-05-31 with an ex-dividend date of 1717113600. Stock splits for the company last occurred on 2019-06-03 when the company split stock in a 4725:10000 ratio.

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