E I Du Pont De Nemours And Given Consensus Rating of “Hold” by Brokerages (NYSE:DD)
E I Du Pont De Nemours And (NYSE:DD) has earned an average recommendation of “Hold” from the twelve analysts that are currently covering the company, Analyst Ratings Net reports. Seven analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $63.26.
DD has been the subject of a number of recent research reports. Analysts at Zacks reiterated a “neutral” rating on shares of E I Du Pont De Nemours And in a research note on Thursday, July 24th. They now have a $69.00 price target on the stock. Separately, analysts at S&P Equity Research upgraded shares of E I Du Pont De Nemours And to a “hold” rating in a research note on Wednesday, July 23rd. Finally, analysts at JPMorgan Chase & Co. downgraded shares of E I Du Pont De Nemours And from an “overweight” rating to a “neutral” rating in a research note on Wednesday, July 23rd. They now have a $67.00 price target on the stock, down previously from $74.00.
Shares of E I Du Pont De Nemours And (NYSE:DD) opened at 65.20 on Monday. E I Du Pont De Nemours And has a 52 week low of $56.09 and a 52 week high of $69.75. The stock has a 50-day moving average of $65.17 and a 200-day moving average of $66.17. The company has a market cap of $59.674 billion and a P/E ratio of 20.45.
E I Du Pont De Nemours And (NYSE:DD) last posted its quarterly earnings results on Tuesday, July 22nd. The company reported $1.17 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $1.17. The company had revenue of $9.71 billion for the quarter, compared to the consensus estimate of $9.79 billion. During the same quarter in the prior year, the company posted $1.28 earnings per share. The company’s quarterly revenue was down 1.4% on a year-over-year basis. Analysts expect that E I Du Pont De Nemours And will post $4.02 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Friday, September 12th. Stockholders of record on Friday, August 15th will be given a dividend of $0.47 per share. This represents a $1.88 dividend on an annualized basis and a yield of 2.89%. The ex-dividend date of this dividend is Wednesday, August 13th. This is a positive change from E I Du Pont De Nemours And’s previous quarterly dividend of $0.45.
Dupont E I De Nemours & Co, formerly E. I. du Pont de Nemours and Company, manufacturing, seed production or selling activities and some are distributors of products manufactured by the Company.
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