DowDuPont Inc to Post Q1 2018 Earnings of $0.99 Per Share, Jefferies Group Forecasts (DWDP)

DowDuPont Inc (NYSE:DWDP) – Equities research analysts at Jefferies Group issued their Q1 2018 earnings per share (EPS) estimates for shares of DowDuPont in a note issued to investors on Friday. Jefferies Group analyst L. Alexander expects that the company will earn $0.99 per share for the quarter. Jefferies Group has a “Buy” rating and a $85.00 price objective on the stock. Jefferies Group also issued estimates for DowDuPont’s Q2 2018 earnings at $1.16 EPS.

DowDuPont (NYSE:DWDP) last announced its quarterly earnings data on Thursday, February 1st. The company reported $0.83 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.67 by $0.16. The company had revenue of $20.07 billion during the quarter, compared to analysts’ expectations of $19.46 billion. DowDuPont had a return on equity of 8.21% and a net margin of 2.34%. The company’s revenue was up 54.1% compared to the same quarter last year.

Several other equities analysts have also recently weighed in on DWDP. Zacks Investment Research cut DowDuPont from a “buy” rating to a “hold” rating in a report on Friday. Barclays decreased their price objective on DowDuPont from $80.00 to $79.00 and set an “equal weight” rating for the company in a report on Friday. Nomura raised their price objective on DowDuPont from $83.00 to $84.00 and gave the company a “buy” rating in a report on Friday. Stephens assumed coverage on DowDuPont in a report on Monday, December 4th. They issued an “overweight” rating and a $83.00 price objective for the company. Finally, Credit Suisse Group raised their price objective on DowDuPont from $79.00 to $82.00 and gave the company an “outperform” rating in a report on Friday, November 3rd. Six equities research analysts have rated the stock with a hold rating and twenty have given a buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of $80.71.

DowDuPont (DWDP) opened at $70.89 on Monday. The firm has a market capitalization of $165,880.00 and a PE ratio of 45.15. The company has a quick ratio of 1.38, a current ratio of 1.91 and a debt-to-equity ratio of 0.29. DowDuPont has a 1-year low of $64.01 and a 1-year high of $77.08.

Several large investors have recently modified their holdings of the company. JPMorgan Chase & Co. bought a new stake in shares of DowDuPont during the third quarter worth approximately $2,095,726,000. Bank of New York Mellon Corp bought a new stake in shares of DowDuPont during the third quarter worth approximately $1,920,750,000. Wells Fargo & Company MN bought a new stake in shares of DowDuPont during the third quarter worth approximately $1,111,269,000. Third Point LLC bought a new stake in shares of DowDuPont during the third quarter worth approximately $1,041,116,000. Finally, Dupont Capital Management Corp bought a new stake in shares of DowDuPont during the third quarter worth approximately $884,806,000. Institutional investors own 68.83% of the company’s stock.

In related news, insider Andrew N. Liveris sold 9,664 shares of DowDuPont stock in a transaction dated Friday, December 15th. The stock was sold at an average price of $70.10, for a total transaction of $677,446.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Andrew N. Liveris sold 187,402 shares of DowDuPont stock in a transaction dated Tuesday, December 5th. The stock was sold at an average price of $72.23, for a total value of $13,536,046.46. The disclosure for this sale can be found here. Insiders have sold 495,951 shares of company stock valued at $35,502,729 in the last quarter. 0.89% of the stock is currently owned by corporate insiders.

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About DowDuPont

DowDuPont Inc is a holding company formed through the merger of equals between The Dow Chemical Company and E. I. du Pont de Nemours and Company (DuPont). The Company’s business divisions include Agriculture division, Material Science division, and a Specialty Products division. The Agriculture Division offers a complete portfolio of products and technologies, traits and crop protection.

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