Recent exceptional positive changes in investment behavior have benefitted DuPont De Nemours Inc (NYSE: DD): its longer term price trend turned up, the stock’s recent price rise disrupted its longer term downtrend, and positive upside/downside volume developed.
Recent notable positive changes in fundamentals have benefitted DuPont De Nemours Inc (NYSE: DD): significant quarterly earnings acceleration occurred, and the consensus estimate for December, 2024 increased significantly.
In light of these very positive signals we are reviewing our current Overall Rating of D. We would view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, DD is expected to continue to be an important Value Builder.
DuPont De Nemours has a current Value Trend Rating of D (Negative). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. DuPont De Nemours has a neutral Appreciation Score of 50 and a slightly negative Power Rating of 31, producing the Negative Value Trend Rating.
Recent Price Action
On 5/9/24, DuPont De Nemours Inc (NYSE: DD) stock rose modestly by 0.8%, closing at $78.80. NORMAL trading volume accompanied the advance. The stock has risen 0.6% during the last week but has been weak relative to the market over the last nine months.
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