Last Updated: 14 Sep 2024
Executive Summary
Dupont De Nemours Inc. (DD) is a leading global chemical company with a market capitalization of $33.99 billion. The company has a strong financial position, with an EBITDA of $2.89 billion and a profit margin of 5.51%. DD's stock is currently trading at $81.42, with a trailing PE ratio of 104.38. Analysts have a consensus strong buy rating on the stock, with a target price of $95.71.
Company Overview
Dupont is a diversified chemical company with a broad portfolio of products, including performance materials, specialty products, and safety and protection solutions. The company's products are used in a wide range of industries, including automotive, aerospace, electronics, and healthcare. DuPont has a global presence, with operations in over 90 countries.
Fundamental Analysis
Dupont's financial performance has been mixed in recent years. The company's revenue has declined in recent quarters, due to weak demand in the automotive and electronics industries. However, the company's profitability has improved, due to cost-cutting measures and a focus on higher-margin products.
Dupont's balance sheet is strong, with a low level of debt and ample liquidity. The company's cash flow from operations has been positive in recent years, and the company has used this cash to invest in new products and technologies.
Technical Analysis
Dupont's stock price has been in a downtrend since early 2023. The stock is currently trading below its 50-day and 200-day moving averages. The stock's relative strength index (RSI) is also below 50, indicating that the stock is oversold.
Short Term Outlook
The short-term outlook for Dupont is mixed. The company's financial performance is expected to improve in the coming quarters, as demand for its products recovers. However, the stock's technical indicators suggest that the stock may continue to decline in the short term.
Long Term Outlook
The long-term outlook for Dupont is positive. The company's strong financial position and broad portfolio of products position it well for long-term growth. The company's focus on innovation and sustainability is also expected to drive long-term growth.
Analyst Recommendations
Analysts have a consensus strong buy rating on Dupont's stock. The average target price for the stock is $95.71, which represents a potential upside of 17.4% from the current price.
