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Tuesday, January 31, 2023

Analyst Expects DuPont de Nemours Inc. (NYSE: DD) To Make Big Moves

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for DuPont de Nemours Inc. (DD) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$1.28, or -1.76%, to $71.52. The DuPont de Nemours Inc. has recorded 55,887 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed DuPont Schedules Fourth Quarter 2022 Earnings Conference Call.


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Stocks Info

As a NYSE listed company, DD falls under the Basic Materials sector while operating within the Chemicals industry segment. At the end of the last regular session, the stock closed at $72.80 and fluctuated between $72.96 as its day high and $71.96 as its day low. The current market capitalization of DuPont de Nemours Inc. is $35.95B. A total of 3.68 million shares were traded on the day, compared to an average of 3.10M shares.

Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, DD has seen 4 BUY and 1 SELL insider trades, representing the acquisition of 2,181 and the disposition of 1,201 shares. Over the last 12 months, there were 58 BUYs and 44 SELLs from insiders. Insiders purchased 246,853 shares during that period but sold 103,227.

Dividend

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. DuPont de Nemours Inc. pays an annual dividend of $1.32, resulting in a dividend yield of 1.81%, and it has a price to earnings (P/E) ratio of 31.80. DD’s most recent ex-dividend date was 11/29/2022 when it declared a $0.33 quarterly dividend that was paid in cash on 12/15/2022. Previously, the company paid the dividend on 9/15/2022 with an ex-dividend date of 7/28/2022. The DD stock dividend was $0.33 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for DD in the last 3 months, the mean price target is $81.33 with high estimates of $103.00 and low estimates of $70.00. In terms of 52-week highs and lows, DD has a high of $84.08 and a low of $49.52.

As of this writing, DD has an earnings estimate of $1.13 per share for the current quarter. EPS was calculated based on a consensus of 17 estimates, with a high estimate of $1.19 per share and a lower estimate of $1.1. The company reported an EPS of $0.97 in the last quarter, which was 27.60% higher than expectations of $0.76.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects.

Analysts Opinion

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. Currently, 23 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 4.00. A total of 15 analysts rated the stock as Buy while 1 rated it as Overweight while 7 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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