DuPont de Nemours, Inc. (NYSE:DD) Receives $95.25 Consensus Price Target from Analysts

DuPont de Nemours, Inc. (NYSE:DD) has earned a consensus recommendation of “Moderate Buy” from the twelve analysts that are covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and nine have issued a buy rating on the company. The average twelve-month price target among analysts that have covered the stock in the last year is $97.82.

A number of research analysts recently issued reports on DD shares. Wells Fargo & Company boosted their price objective on shares of DuPont de Nemours from $105.00 to $107.00 and gave the company an “overweight” rating in a report on Wednesday, November 6th. Royal Bank of Canada upped their price objective on shares of DuPont de Nemours from $102.00 to $104.00 and gave the company an “outperform” rating in a research report on Thursday, November 7th. Morgan Stanley lifted their target price on DuPont de Nemours from $88.00 to $94.00 and gave the stock an “equal weight” rating in a report on Monday, October 21st. JPMorgan Chase & Co. decreased their target price on DuPont de Nemours from $104.00 to $101.00 and set an “overweight” rating for the company in a research note on Wednesday. Finally, Barclays raised their price target on DuPont de Nemours from $84.00 to $85.00 and gave the stock an “underweight” rating in a research report on Wednesday, November 6th.

Institutional Investors Weigh In On DuPont de Nemours

Institutional investors have recently bought and sold shares of the company. Strategic Investment Solutions Inc. IL acquired a new stake in shares of DuPont de Nemours in the second quarter valued at approximately $27,000. Quarry LP bought a new position in DuPont de Nemours in the second quarter valued at $37,000. Ashton Thomas Securities LLC acquired a new stake in DuPont de Nemours in the 3rd quarter valued at $38,000. FSA Wealth Management LLC acquired a new stake in DuPont de Nemours in the 3rd quarter valued at $39,000. Finally, True Wealth Design LLC lifted its position in DuPont de Nemours by 2,378.9% during the 3rd quarter. True Wealth Design LLC now owns 471 shares of the basic materials company’s stock worth $42,000 after buying an additional 452 shares in the last quarter. Institutional investors own 73.96% of the company’s stock.

DuPont de Nemours Stock Performance

DD stock opened at $76.31 on Thursday. DuPont de Nemours has a twelve month low of $61.14 and a twelve month high of $90.06. The company has a quick ratio of 1.49, a current ratio of 2.28 and a debt-to-equity ratio of 0.29. The company has a market cap of $31.89 billion, a P/E ratio of 40.16, a price-to-earnings-growth ratio of 1.95 and a beta of 1.35. The business’s fifty day moving average is $80.02 and its 200-day moving average is $81.47.

DuPont de Nemours (NYSE:DD) last released its earnings results on Tuesday, November 5th. The basic materials company reported $1.18 earnings per share for the quarter, beating the consensus estimate of $1.03 by $0.15. The firm had revenue of $3.19 billion for the quarter, compared to analyst estimates of $3.20 billion. DuPont de Nemours had a return on equity of 6.64% and a net margin of 6.35%. The company’s quarterly revenue was up 4.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.92 earnings per share. Equities research analysts forecast that DuPont de Nemours will post 3.89 EPS for the current year.

About DuPont de Nemours

DuPont de Nemours, Inc provides technology-based materials and solutions in the United States, Canada, the Asia Pacific, Latin America, Europe, the Middle East, and Africa. It operates through Electronics & Industrial, Water & Protection, and Corporate & Other segments. The Electronics & Industrial segment supplies materials and solutions for the fabrication of semiconductors and integrated circuits.