DowDuPont (DWDP) PT Lowered to $79.00 at Barclays

DowDuPont (NYSE:DWDP) had its price objective lowered by Barclays from $80.00 to $79.00 in a research note released on Friday. The firm currently has an equal weight rating on the stock.

A number of other equities research analysts have also recently weighed in on the company. Nomura increased their price target on DowDuPont from $83.00 to $84.00 and gave the company a buy rating in a research note on Friday. Zacks Investment Research upgraded DowDuPont from a hold rating to a buy rating and set a $85.00 price target on the stock in a research note on Tuesday, January 30th. ValuEngine upgraded DowDuPont from a hold rating to a buy rating in a research report on Sunday, December 31st. Royal Bank of Canada reiterated a buy rating and set a $86.00 price objective on shares of DowDuPont in a research report on Friday, December 8th. Finally, Stephens assumed coverage on DowDuPont in a research report on Monday, December 4th. They set an overweight rating and a $83.00 price objective on the stock. Six analysts have rated the stock with a hold rating and twenty have given a buy rating to the stock. The stock presently has an average rating of Buy and a consensus target price of $80.71.

Shares of DowDuPont (NYSE DWDP) opened at $70.89 on Friday. DowDuPont has a 12 month low of $59.29 and a 12 month high of $77.08. The company has a quick ratio of 1.26, a current ratio of 1.91 and a debt-to-equity ratio of 0.29. The firm has a market capitalization of $165,881.89, a price-to-earnings ratio of 20.25, a P/E/G ratio of 2.00 and a beta of 1.21.

DowDuPont (NYSE:DWDP) last posted its quarterly earnings results on Thursday, February 1st. The company reported $0.83 earnings per share for the quarter, beating analysts’ consensus estimates of $0.67 by $0.16. DowDuPont had a return on equity of 8.21% and a net margin of 2.34%. The business had revenue of $20.07 billion for the quarter, compared to analysts’ expectations of $19.46 billion. The company’s revenue for the quarter was up 54.1% on a year-over-year basis. equities analysts expect that DowDuPont will post 4.09 earnings per share for the current year.

In related news, insider Andrew N. Liveris sold 9,664 shares of the firm’s stock in a transaction on Friday, December 15th. The stock was sold at an average price of $70.10, for a total value of $677,446.40. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, General Counsel Charles J. Kalil sold 78,895 shares of the firm’s stock in a transaction on Tuesday, November 7th. The stock was sold at an average price of $71.00, for a total value of $5,601,545.00. The disclosure for this sale can be found here. Insiders sold 495,951 shares of company stock worth $35,502,729 in the last 90 days. 0.89% of the stock is owned by company insiders.

Several hedge funds and other institutional investors have recently modified their holdings of DWDP. Curbstone Financial Management Corp bought a new position in shares of DowDuPont in the third quarter worth $2,872,000. Eqis Capital Management Inc. acquired a new stake in DowDuPont in the third quarter valued at about $397,000. Neville Rodie & Shaw Inc. acquired a new stake in DowDuPont in the third quarter valued at about $15,334,000. McQueen Ball & Associates Inc. acquired a new stake in DowDuPont in the third quarter valued at about $650,000. Finally, Private Asset Management Inc. acquired a new stake in DowDuPont in the third quarter valued at about $1,953,000. Institutional investors own 68.84% of the company’s stock.

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DowDuPont Company Profile

DowDuPont Inc is a holding company formed through the merger of equals between The Dow Chemical Company and E. I. du Pont de Nemours and Company (DuPont). The Company’s business divisions include Agriculture division, Material Science division, and a Specialty Products division. The Agriculture Division offers a complete portfolio of products and technologies, traits and crop protection.

Analyst Recommendations for DowDuPont (NYSE:DWDP)

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