DowDuPont (NYSE:DWDP) has been given a $79.00 target price by equities research analysts at BMO Capital Markets in a report issued on Thursday. The brokerage currently has a “buy” rating on the stock. BMO Capital Markets’ price objective suggests a potential upside of 34.63% from the company’s current price.
Several other research analysts have also issued reports on DWDP. ValuEngine lowered DowDuPont from a “hold” rating to a “sell” rating in a research report on Friday, August 3rd. TheStreet lowered DowDuPont from a “b-” rating to a “c+” rating in a research report on Thursday, November 1st. Zacks Investment Research lowered DowDuPont from a “hold” rating to a “sell” rating in a research report on Wednesday. UBS Group boosted their target price on DowDuPont from $86.00 to $88.00 and gave the company a “buy” rating in a research report on Thursday, August 2nd. Finally, JPMorgan Chase & Co. decreased their price target on shares of DowDuPont from $75.00 to $65.00 and set an “overweight” rating for the company in a research note on Friday, November 2nd. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and fourteen have issued a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $78.17.
Shares of NYSE:DWDP opened at $58.68 on Thursday. DowDuPont has a 1 year low of $51.32 and a 1 year high of $77.08. The company has a market cap of $139.35 billion, a price-to-earnings ratio of 14.74, a price-to-earnings-growth ratio of 1.44 and a beta of 1.48. The company has a quick ratio of 1.05, a current ratio of 1.64 and a debt-to-equity ratio of 0.27.
DowDuPont (NYSE:DWDP) last announced its earnings results on Thursday, November 1st. The company reported $0.74 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.71 by $0.03. DowDuPont had a return on equity of 9.38% and a net margin of 2.45%. The business had revenue of $20.12 billion during the quarter, compared to analyst estimates of $20.24 billion. During the same quarter in the previous year, the business earned $0.55 earnings per share. The company’s revenue for the quarter was up 31.1% compared to the same quarter last year. Analysts anticipate that DowDuPont will post 4.15 EPS for the current fiscal year.
In other news, General Counsel Charles J. Kalil sold 100,645 shares of DowDuPont stock in a transaction that occurred on Monday, August 27th. The shares were sold at an average price of $70.75, for a total transaction of $7,120,633.75. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders own 0.42% of the company’s stock.
A number of large investors have recently modified their holdings of the stock. Hilton Capital Management LLC raised its stake in DowDuPont by 2.9% in the third quarter. Hilton Capital Management LLC now owns 253,925 shares of the company’s stock worth $16,330,000 after buying an additional 7,192 shares in the last quarter. Bank of Hawaii raised its stake in DowDuPont by 5.4% in the third quarter. Bank of Hawaii now owns 23,745 shares of the company’s stock worth $1,527,000 after buying an additional 1,220 shares in the last quarter. Cypress Capital Management LLC raised its stake in DowDuPont by 57.1% in the third quarter. Cypress Capital Management LLC now owns 271,951 shares of the company’s stock worth $17,489,000 after buying an additional 98,855 shares in the last quarter. Gratus Capital LLC raised its stake in DowDuPont by 4.4% in the third quarter. Gratus Capital LLC now owns 88,102 shares of the company’s stock worth $5,666,000 after buying an additional 3,734 shares in the last quarter. Finally, Oak Grove Capital LLC raised its stake in DowDuPont by 1,040.0% in the third quarter. Oak Grove Capital LLC now owns 38,350 shares of the company’s stock worth $2,466,000 after buying an additional 34,986 shares in the last quarter. 69.45% of the stock is owned by institutional investors.
DowDuPont Company Profile
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.
See Also: What is a conference call?
Receive News & Ratings for DowDuPont Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DowDuPont and related companies with MarketBeat.com's FREE daily email newsletter.