DuPont de Nemours Inc (DD) stock: 12-month forecast projects 21.91% potential return%

DuPont de Nemours Inc [DD] stock is trading at $73.53, up 0.60%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The DD shares have lost -3.55% over the last week, with a monthly amount drifted -0.26%, and not seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

From an analyst’s perspective:

Previously, Wells Fargo downgraded its rating to Equal Weight on January 24, 2024, and dropped its price target to $69. On January 24, 2024, downgrade downgraded it’s rating to Market Perform and revised its price target to $72 on the stock. BofA Securities downgraded its rating to a Underperform and increased its price target to $80 on January 16, 2024. Citigroup reiterated its recommendation of a Neutral and raised its price target to $75 on July 19, 2023. Citigroup started tracking with a Neutral rating for this stock on June 14, 2023, and assigned it a price target of $72. In a note dated May 15, 2023, Deutsche Bank upgraded an Buy rating on this stock and boosted its target price from $70 to $80.

DuPont de Nemours Inc [DD] stock has fluctuated between $61.14 and $78.74 over the past year. Currently, Wall Street analysts expect the stock to reach $89.64 within the next 12 months. DuPont de Nemours Inc [NYSE: DD] shares were valued at $73.53 at the most recent close of the market. An investor can expect a potential return of 21.91% based on the average DD price forecast.

Analyzing the DD fundamentals

DuPont de Nemours Inc [NYSE:DD] reported sales of 12.07B for the trailing twelve months, which represents a drop of -6.64%. Gross Profit Margin for this corporation currently stands at 0.35% with Operating Profit Margin at 0.04%, Pretax Profit Margin comes in at 0.05%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.02 and Total Capital is 0.01. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.32.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 73.08 points at the first support level, and at 72.64 for the second support level. However, for the 1st resistance point, the stock is sitting at 73.88, and for the 2nd resistance point, it is at 74.24.

Ratios To Look Out For

For context, DuPont de Nemours Inc’s Current Ratio is 2.43. In addition, the Quick Ratio stands at 1.73 and the Cash Ratio stands at 0.9. Considering the valuation of this stock, the price to sales ratio is 2.54, the price to book ratio is 1.30 and price to earnings (TTM) ratio is 79.44.

Transactions by insiders

Recent insider trading involved Goss Michael G., Controller, that happened on Mar 13 ’24 when 2354.0 shares were sold. SVP & CIO, Larrabee Steven P. completed a deal on Nov 14 ’23 to sell 3700.0 shares. Meanwhile, SVP & Chief Strategy Officer Ratnakar Raj sold 50633.0 shares on Aug 31 ’23.

Related Posts