The outlook and analysis of DuPont de Nemours Inc (DD)’s stock

At the time of writing, DuPont de Nemours Inc [DD] stock is trading at $84.23, down -0.19%. An important factor to consider is whether the stock is rising or falling in short-term value. The DD shares have lost -1.18% over the last week, with a monthly amount drifted -1.99%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

DuPont de Nemours Inc [NYSE: DD] stock has seen the most recent analyst activity on October 07, 2024, when Barclays downgraded its rating to a Underweight and also revised its price target to $84 from $88. Previously, Citigroup upgraded its rating to Buy on May 28, 2024, and elevated its price target to $95. On May 24, 2024, upgrade upgraded it’s rating to Overweight and revised its price target to $103 on the stock. BMO Capital Markets upgraded its rating to a Outperform but stick to its price target of $96 on May 23, 2024. Jefferies upgraded its rating to a Buy and raised its price target to $101 on May 17, 2024. In a note dated January 24, 2024, Wells Fargo downgraded an Equal Weight rating on this stock and revised its target price from $85 to $69.

For the past year, the stock price of DuPont de Nemours Inc fluctuated between $61.14 and $90.06. Currently, Wall Street analysts expect the stock to reach $93.29 within the next 12 months. DuPont de Nemours Inc [NYSE: DD] shares were valued at $84.23 at the most recent close of the market. An investor can expect a potential return of 10.76% based on the average DD price forecast.

Analyzing the DD fundamentals

According to DuPont de Nemours Inc [NYSE:DD], the company’s sales were 12.06B for trailing twelve months, which represents an 2.49% jump. Gross Profit Margin for this corporation currently stands at 0.34% with Operating Profit Margin at 0.1%, Pretax Profit Margin comes in at 0.04%, and Net Profit Margin reading is 0.05%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.03 and Total Capital is 0.04. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.31.

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 83.59 points at the first support level, and at 82.94 for the second support level. However, for the 1st resistance point, the stock is sitting at 84.83, and for the 2nd resistance point, it is at 85.43.

Ratios To Look Out For

It is important to note that DuPont de Nemours Inc [NYSE:DD] has a current ratio of 2.21. On the other hand, the Quick Ratio is 1.44, and the Cash Ratio is 0.54. Considering the valuation of this stock, the price to sales ratio is 2.92, the price to book ratio is 1.51 and price to earnings (TTM) ratio is 55.33.

Transactions by insiders

Recent insider trading involved Larrabee Steven P., SVP & CIO, that happened on May 31 ’24 when 3100.0 shares were sold. President, Electronics & Indus, Kemp Jon D. completed a deal on Jun 03 ’24 to sell 5000.0 shares. Meanwhile, Controller Goss Michael G. sold 1339.0 shares on May 09 ’24.

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