DowDuPont Inc (DWDP) Receives Average Recommendation of “Hold” from Analysts

DowDuPont Inc (NYSE:DWDP) has received a consensus rating of “Hold” from the twenty-three ratings firms that are presently covering the firm, MarketBeat reports. Two analysts have rated the stock with a sell recommendation, eight have assigned a hold recommendation and twelve have assigned a buy recommendation to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $72.71.

DWDP has been the subject of several recent research reports. Barclays reiterated a “hold” rating and issued a $62.00 price objective on shares of DowDuPont in a research note on Tuesday, January 15th. Zacks Investment Research cut DowDuPont from a “hold” rating to a “sell” rating in a research note on Monday, February 4th. Credit Suisse Group reiterated an “outperform” rating and issued a $68.00 price objective (down previously from $79.00) on shares of DowDuPont in a research note on Friday, February 1st. Cowen cut DowDuPont from an “outperform” rating to a “market perform” rating and decreased their price objective for the company from $78.00 to $59.00 in a research note on Wednesday, February 6th. Finally, Argus decreased their price objective on DowDuPont from $81.00 to $70.00 and set a “buy” rating for the company in a research note on Tuesday, February 5th.

A number of hedge funds have recently bought and sold shares of DWDP. Acadian Asset Management LLC lifted its stake in DowDuPont by 43.4% during the third quarter. Acadian Asset Management LLC now owns 29,223 shares of the company’s stock worth $1,879,000 after purchasing an additional 8,845 shares during the last quarter. Robeco Institutional Asset Management B.V. lifted its stake in DowDuPont by 29.9% during the third quarter. Robeco Institutional Asset Management B.V. now owns 519,089 shares of the company’s stock worth $33,383,000 after purchasing an additional 119,426 shares during the last quarter. HL Financial Services LLC lifted its stake in DowDuPont by 9.7% in the third quarter. HL Financial Services LLC now owns 170,830 shares of the company’s stock valued at $10,986,000 after buying an additional 15,142 shares during the last quarter. Bbva Compass Bancshares Inc. lifted its stake in DowDuPont by 9.7% in the third quarter. Bbva Compass Bancshares Inc. now owns 34,953 shares of the company’s stock valued at $2,248,000 after buying an additional 3,095 shares during the last quarter. Finally, Gamco Investors INC. ET AL lifted its stake in DowDuPont by 2.0% in the third quarter. Gamco Investors INC. ET AL now owns 492,967 shares of the company’s stock valued at $31,703,000 after buying an additional 9,518 shares during the last quarter. Hedge funds and other institutional investors own 68.66% of the company’s stock.

NYSE DWDP traded down $0.87 during trading on Friday, hitting $55.03. The stock had a trading volume of 8,184,556 shares, compared to its average volume of 11,443,873. The company has a market cap of $130.26 billion, a P/E ratio of 13.39, a P/E/G ratio of 1.37 and a beta of 1.29. The company has a debt-to-equity ratio of 0.39, a current ratio of 2.01 and a quick ratio of 1.33. DowDuPont has a twelve month low of $48.89 and a twelve month high of $71.93.

DowDuPont (NYSE:DWDP) last released its earnings results on Thursday, January 31st. The company reported $0.88 earnings per share for the quarter, missing the consensus estimate of $0.89 by ($0.01). The firm had revenue of $20.10 billion during the quarter, compared to analyst estimates of $21.11 billion. DowDuPont had a net margin of 4.47% and a return on equity of 9.59%. On average, analysts anticipate that DowDuPont will post 4.05 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 15th. Investors of record on Thursday, February 28th will be paid a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a yield of 2.76%. The ex-dividend date is Wednesday, February 27th. DowDuPont’s payout ratio is 36.98%.

About DowDuPont

DowDuPont Inc, through its subsidiaries, engages in agriculture, materials science, and specialty products businesses in the United States, Canada, the Asia Pacific, Latin America, Europe, the Middle East, and Africa. The company's Agriculture segment produces, and sells hybrid corn seed and soybean seed varieties; sunflowers, wheat, alfalfa, canola, cotton, rice, and sorghum; silage inoculants; and crop protection products that include weed control, disease control, and insect control.

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Analyst Recommendations for DowDuPont (NYSE:DWDP)

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