Market Watch Highlights: DuPont de Nemours Inc (DD) Ends on an Downturn Note at 79.98

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As of close of business last night, DuPont de Nemours Inc’s stock clocked out at $79.98, down -0.06% from its previous closing price of $80.03. In other words, the price has decreased by -$0.06 from its previous closing price. On the day, 2.14 million shares were traded. DD stock price reached its highest trading level at $80.4 during the session, while it also had its lowest trading level at $79.59.

Ratios:

To gain a deeper understanding of DD’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 14.25 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.39. 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:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 33460916224 and an Enterprise Value of 40254988288. As of this moment, DuPont’s Price-to-Earnings (P/E) ratio for their current fiscal year is 98.42, and their Forward P/E ratio for the next fiscal year is 18.68. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 10.50. 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 3.36 whereas that against EBITDA is 14.189.

Stock Price History:

The Beta on a monthly basis for DD is 1.33, which has changed by 0.11954093 over the last 52 weeks, in comparison to a change of 0.23200047 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 2.07%, while the 200-Day Moving Average is calculated to be 8.42%.

Shares Statistics:

It appears that DD traded 2.50M shares on average per day over the past three months and 2458390 shares per day 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 72.79% stake in the company. Shares short for DD as of 1718323200 were 5750604 with a Short Ratio of 2.30, compared to 1715731200 on 4423310. Therefore, it implies a Short% of Shares Outstanding of 5750604 and a Short% of Float of 1.5599999999999998.

Dividends & Splits

With its trailing 12-month dividend rate of 1.46, DD has a forward annual dividend rate of 1.48. Against a Trailing Annual Dividend Yield of 0.01824316The 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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