DuPont de Nemours (DD) has been oscillating between the action of outperforming the market, through significant stock purchases by investors like
Van ECK Associates Corp and
Sequoia Financial Advisors LLC and the controversy from warnings of
slow sales, particularly due to weakness in China. The raised price target to
$83.00 and the company's momentum as a
long-term stock lend a bullish undertone. The rumors of
insider Leland Weaver selling substantial shares brings mixed sentiments in the market. Earnings and revenue in Q1 exceeded expectations, with higher dividends of $0.38 for shareholders. However, net sales reported an 8% decrease in Q3 2023. The company's
value remains a debate among various analysts. Amid sales decline, the adjusted EPS beat estimates, which indicates the company's strength.
Dividend hikes and
stock buybacks were announced following a Q4 profit beat, contributing to market optimism, but the stock struggled due to preliminary results and soft guidance.
Dupont De Nemours DD News Analytics from Tue, 05 Jul 2022 07:00:00 GMT to Thu, 09 May 2024 10:37:57 GMT -
Rating 4
- Innovation 3
- Information 6
- Rumor -2
