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Friday, December 2, 2022

The Question Is Whether To Buy Or Not To Buy DuPont de Nemours Inc. (NYSE: DD)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for DuPont de Nemours Inc. (DD) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by +$2.29, or +4.37%, to $54.72. Volume reached 174,759 shares, with price reaching a high of $54.75 and a low of $54.72. The stock was recently discussed on Yahoo Finance as it revealed that DuPont and Rogers Provide Update on Pending Merger.


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Stocks Info

DuPont de Nemours Inc. is listed on the NYSE as a member of the Basic Materials sector and is a part of the Chemicals industry. At the end of the last regular session, the stock closed at $54.72 and fluctuated between $54.79 as its day high and $53.37 as its day low. The current market capitalization of DuPont de Nemours Inc. is $27.55B. A total of 3.37 million shares were traded on the day, compared to an average of 2.82M shares.

Insider Activity

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, DD has seen 15 BUY and 2 SELL insider trades, representing the acquisition of 13,763 and the disposition of 5,500 shares. Over the last 12 months, there were 62 BUYs and 49 SELLs from insiders. Insiders purchased 255,944 shares during that period but sold 115,155.

In the most recent transaction, Stone Randy Lee sold 4,565 shares of DD for 85.00 per share on Jan 14. After the transaction, the President, Mobility & Material now owns 67,440 company shares. In a previous transaction on Jan 13, Weaver Leland sold 2,183 shares at 84.00 per share. DD shares that President, Water & Protection owns now total 15,096.

Among the insiders who sold shares, Goss Michael G. disposed of 1,145 shares on Jan 03 at a per-share price of $81.50. This resulted in the Controller holding 5,748 shares of DD after the transaction.

Dividend

It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. DuPont de Nemours Inc. pays an annual dividend of $1.32, resulting in a dividend yield of 2.41%, and it has a price to earnings (P/E) ratio of 22.88. DD’s most recent ex-dividend date was 07/28/2022 when it declared a $0.33 quarterly dividend that was paid in cash on 09/15/2022. Previously, the company paid the dividend on 06/15/2022 with an ex-dividend date of 05/27/2022. The dividend was $0.33 per share in cash.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for DD in the last 3 months, the mean price target is $74.72 with high estimates of $94.00 and low estimates of $60.00. In terms of 52-week highs and lows, DD has a high of $85.16 and a low of $49.52.

As of this writing, DD has an earnings estimate of $0.81 per share for the current quarter. EPS was calculated based on a consensus of 6 estimates, with a high estimate of $0.83 per share and a lower estimate of $0.8. The company reported an EPS of $0.88 in the last quarter, which was 18.92% higher than expectations of $0.74.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. DD’s latest balance sheet shows that the firm has $2.01B in Cash & Short Term Investments as of fiscal 2021. There were $10.78B in debt and $4.26B in liabilities at the time. Its Book Value Per Share was $50.51, while its Total Shareholder’s Equity was $27.05B.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 22 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for DD is Sell with a score of 4.31. A total of 16 analysts rated the stock as Buy while 1 rated it as Overweight while 5 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

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