DowDuPont Inc (NYSE:DWDP) – Equities research analysts at Jefferies Group issued their Q1 2018 earnings estimates for DowDuPont in a research report issued on Friday, Zacks Investment Research reports. Jefferies Group analyst L. Alexander anticipates that the company will post earnings per share of $0.99 for the quarter. Jefferies Group has a “Buy” rating and a $85.00 price target on the stock. Jefferies Group also issued estimates for DowDuPont’s Q2 2018 earnings at $1.16 EPS.
A number of other brokerages also recently weighed in on DWDP. Zacks Investment Research downgraded shares of DowDuPont from a “buy” rating to a “hold” rating in a research note on Friday, February 2nd. Nomura raised their target price on shares of DowDuPont from $83.00 to $84.00 and gave the company a “buy” rating in a research note on Friday, February 2nd. Barclays decreased their target price on shares of DowDuPont from $80.00 to $79.00 and set an “equal weight” rating for the company in a research note on Friday, February 2nd. Stephens started coverage on shares of DowDuPont in a research note on Monday, December 4th. They set an “overweight” rating and a $83.00 target price for the company. Finally, Credit Suisse Group raised their target price on shares of DowDuPont from $79.00 to $82.00 and gave the company an “outperform” rating in a research note on Friday, November 3rd. Six research analysts have rated the stock with a hold rating and twenty have given a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of $80.71.
DowDuPont (NYSE:DWDP) opened at $71.04 on Monday. DowDuPont has a one year low of $64.01 and a one year high of $77.08. The stock has a market cap of $166,230.00 and a PE ratio of 19.85. The company has a quick ratio of 1.26, a current ratio of 1.91 and a debt-to-equity ratio of 0.29.
DowDuPont (NYSE:DWDP) last released its quarterly earnings results on Thursday, February 1st. The company reported $0.83 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.67 by $0.16. DowDuPont had a net margin of 2.34% and a return on equity of 8.21%. The company had revenue of $20.07 billion during the quarter, compared to the consensus estimate of $19.46 billion. DowDuPont’s revenue was up 54.1% on a year-over-year basis.
A number of hedge funds have recently modified their holdings of DWDP. Harel Insurance Investments & Financial Services Ltd. boosted its stake in shares of DowDuPont by 6.2% during the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 11,695 shares of the company’s stock worth $833,000 after acquiring an additional 681 shares during the last quarter. Outfitter Advisors LTD. boosted its stake in shares of DowDuPont by 0.8% during the 4th quarter. Outfitter Advisors LTD. now owns 89,945 shares of the company’s stock worth $6,406,000 after acquiring an additional 706 shares during the last quarter. Parsons Capital Management Inc. RI boosted its stake in shares of DowDuPont by 1.2% during the 4th quarter. Parsons Capital Management Inc. RI now owns 62,260 shares of the company’s stock worth $4,434,000 after acquiring an additional 719 shares during the last quarter. Buckingham Asset Management LLC boosted its stake in shares of DowDuPont by 3.7% during the 4th quarter. Buckingham Asset Management LLC now owns 20,036 shares of the company’s stock worth $1,427,000 after acquiring an additional 719 shares during the last quarter. Finally, Hemenway Trust Co LLC boosted its stake in shares of DowDuPont by 15.9% during the 4th quarter. Hemenway Trust Co LLC now owns 5,615 shares of the company’s stock worth $400,000 after acquiring an additional 769 shares during the last quarter. Institutional investors own 68.94% of the company’s stock.
In related news, insider Andrew N. Liveris sold 9,664 shares of the firm’s stock in a transaction that occurred on Friday, December 15th. The shares were 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 link. Also, COO James C. Jr. Collins sold 15,000 shares of the firm’s stock in a transaction that occurred on Friday, November 17th. The stock was sold at an average price of $71.11, for a total transaction of $1,066,650.00. The disclosure for this sale can be found here. In the last quarter, insiders have sold 410,348 shares of company stock worth $29,424,849. Corporate insiders own 0.89% 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.
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