DowDuPont (DWDP) – Research Analysts’ Weekly Ratings Changes

DowDuPont (NYSE: DWDP) recently received a number of ratings updates from brokerages and research firms:

  • 2/6/2019 – DowDuPont was downgraded by analysts at Cowen Inc from an “outperform” rating to a “market perform” rating. They now have a $59.00 price target on the stock, down previously from $78.00.
  • 2/5/2019 – DowDuPont had its price target lowered by analysts at Argus from $81.00 to $70.00. They now have a “buy” rating on the stock.
  • 2/4/2019 – DowDuPont was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “DowDuPont Inc. operates as a holding company. It produces agricultural chemicals, material science, and specialty chemical products. Agriculture Business offers crop protection and seeds and traits. Material Science Business offers a range of solutions including consumer solutions and infrastructure solutions and plastics performance. Specialty Products Business includes protection solutions, electronics and communications, nutrition and health and industrial biosciences. DowDuPont Inc, formerly known as Dow Chemical Company, is based in Wilmington, United States. “
  • 2/4/2019 – DowDuPont was downgraded by analysts at DZ Bank AG from a “buy” rating to a “hold” rating.
  • 2/4/2019 – DowDuPont had its price target lowered by analysts at SunTrust Banks, Inc. to $57.00. They now have a “hold” rating on the stock.
  • 2/2/2019 – DowDuPont was given a new $70.00 price target on by analysts at Bank of America Corp. They now have a “buy” rating on the stock.
  • 2/1/2019 – DowDuPont had its price target lowered by analysts at BMO Capital Markets to $66.00. They now have an “outperform” rating on the stock.
  • 2/1/2019 – DowDuPont had its “outperform” rating reaffirmed by analysts at Credit Suisse Group AG. They now have a $68.00 price target on the stock, down previously from $79.00.
  • 2/1/2019 – DowDuPont was downgraded by analysts at JPMorgan Chase & Co. from an “overweight” rating to a “neutral” rating.
  • 1/15/2019 – DowDuPont had its “hold” rating reaffirmed by analysts at Barclays PLC. They now have a $62.00 price target on the stock.

Shares of NYSE:DWDP traded up $1.34 during mid-day trading on Tuesday, hitting $53.34. The stock had a trading volume of 792,868 shares, compared to its average volume of 12,186,323. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.33 and a current ratio of 2.01. The company has a market cap of $122.62 billion, a PE ratio of 12.98, a price-to-earnings-growth ratio of 1.26 and a beta of 1.31. DowDuPont Inc has a 12-month low of $48.89 and a 12-month high of $74.12.

DowDuPont (NYSE:DWDP) last released its earnings results on Thursday, January 31st. The company reported $0.88 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.89 by ($0.01). DowDuPont had a return on equity of 9.59% and a net margin of 4.47%. The company had revenue of $20.10 billion during the quarter, compared to analysts’ expectations of $21.11 billion. On average, equities analysts predict that DowDuPont Inc will post 4.1 earnings per share for the current year.

Large investors have recently bought and sold shares of the stock. Bristlecone Advisors LLC lifted its holdings in DowDuPont by 40.9% during the 3rd quarter. Bristlecone Advisors LLC now owns 11,596 shares of the company’s stock valued at $746,000 after purchasing an additional 3,365 shares during the last quarter. Tower Bridge Advisors lifted its holdings in DowDuPont by 4.1% during the 3rd quarter. Tower Bridge Advisors now owns 253,557 shares of the company’s stock valued at $16,306,000 after purchasing an additional 10,091 shares during the last quarter. Berkshire Asset Management LLC PA lifted its holdings in DowDuPont by 30.7% during the 3rd quarter. Berkshire Asset Management LLC PA now owns 17,130 shares of the company’s stock valued at $1,102,000 after purchasing an additional 4,019 shares during the last quarter. Rockland Trust Co. lifted its holdings in DowDuPont by 22.3% during the 4th quarter. Rockland Trust Co. now owns 9,380 shares of the company’s stock valued at $502,000 after purchasing an additional 1,711 shares during the last quarter. Finally, Patriot Wealth Management Inc. lifted its holdings in DowDuPont by 2.2% during the 3rd quarter. Patriot Wealth Management Inc. now owns 139,502 shares of the company’s stock valued at $8,971,000 after purchasing an additional 3,012 shares during the last quarter. Institutional investors and hedge funds own 69.88% of the company’s stock.

DowDuPont Inc, through its subsidiaries, engages in agriculture, materials science, and specialty products businesses worldwide. The company's Agriculture segment develops and sells hybrid corn seed and soybean seed varieties; canola, cotton, sunflower, sorghum, wheat, and rice seeds; silage inoculants; and weed control, disease control, and insect control products.

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