E.I. DuPont de Nemours & Co. Given Consensus Rating of “Hold” by Brokerages (NYSE:DD)
E.I. DuPont de Nemours & Co. (NYSE:DD) has been given a consensus recommendation of “Hold” by the sixteen analysts that are currently covering the stock, Analyst Ratings Net reports. Ten equities research analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $65.20.
E.I. DuPont de Nemours & Co. (NYSE:DD) opened at 61.90 on Thursday. E.I. DuPont de Nemours & Co. has a 52-week low of $46.02 and a 52-week high of $65.00. The stock’s 50-day moving average is $62.68 and its 200-day moving average is $60.2. The company has a market cap of $57.380 billion and a P/E ratio of 11.95.
E.I. DuPont de Nemours & Co. (NYSE:DD) last posted its quarterly earnings results on Tuesday, January 28th. The company reported $0.59 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.55 by $0.04. The company had revenue of $7.75 billion for the quarter, compared to the consensus estimate of $7.78 billion. During the same quarter last year, the company posted $0.11 earnings per share. E.I. DuPont de Nemours & Co.’s revenue was up 5.8% compared to the same quarter last year. On average, analysts predict that E.I. DuPont de Nemours & Co. will post $4.34 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Friday, March 14th. Investors of record on Friday, February 14th will be paid a dividend of 0.45 per share. This represents a $1.80 annualized dividend and a dividend yield of 2.91%. The ex-dividend date is Wednesday, February 12th.
A number of research firms have recently commented on DD. Analysts at SunTrust upgraded shares of E.I. DuPont de Nemours & Co. from a “reduce” rating to a “neutral” rating in a research note to investors on Thursday. Separately, analysts at Zacks reiterated a “neutral” rating on shares of E.I. DuPont de Nemours & Co. in a research note to investors on Thursday, January 30th. They now have a $64.00 price target on the stock. Finally, analysts at MKM Partners upgraded shares of E.I. DuPont de Nemours & Co. from a “neutral” rating to a “buy” rating in a research note to investors on Thursday, January 9th. They now have a $70.00 price target on the stock, up previously from $26.00.
E. I. du Pont de Nemours and Company (NYSE:DD) manufacturing, seed production or selling activities and some are distributors of products manufactured by the Company.
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