DowDuPont Inc (DWDP) Given Consensus Recommendation of “Hold” by Brokerages

Shares of DowDuPont Inc (NYSE:DWDP) have been assigned an average rating of “Hold” from the twenty-three ratings firms that are covering the company, Marketbeat.com reports. Two analysts have rated the stock with a sell recommendation, eight have given a hold recommendation and twelve have issued a buy recommendation on the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $72.65.

A number of equities analysts have issued reports on the company. BMO Capital Markets set a $79.00 price target on DowDuPont and gave the stock a “buy” rating in a research report on Thursday, November 8th. Zacks Investment Research downgraded DowDuPont from a “hold” rating to a “sell” rating in a research report on Wednesday, November 7th. Stephens downgraded DowDuPont from an “overweight” rating to a “hold” rating and set a $63.00 price target on the stock. in a research report on Friday, October 19th. TheStreet downgraded DowDuPont from a “b-” rating to a “c+” rating in a research report on Thursday, November 1st. Finally, Citigroup lowered their price target on DowDuPont to $67.00 and set a “buy” rating on the stock in a research report on Monday, November 5th. They noted that the move was a valuation call.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its holdings in shares of DowDuPont by 0.7% in the third quarter. Vanguard Group Inc. now owns 179,394,835 shares of the company’s stock valued at $11,536,882,000 after purchasing an additional 1,236,916 shares during the last quarter. Vanguard Group Inc increased its holdings in shares of DowDuPont by 0.7% in the third quarter. Vanguard Group Inc now owns 179,394,835 shares of the company’s stock valued at $11,536,882,000 after purchasing an additional 1,236,916 shares during the last quarter. Capital World Investors increased its holdings in shares of DowDuPont by 2.6% in the third quarter. Capital World Investors now owns 131,628,818 shares of the company’s stock valued at $8,465,049,000 after purchasing an additional 3,387,817 shares during the last quarter. Capital International Investors increased its holdings in shares of DowDuPont by 217.7% in the third quarter. Capital International Investors now owns 31,674,850 shares of the company’s stock valued at $2,037,010,000 after purchasing an additional 21,705,299 shares during the last quarter. Finally, Morgan Stanley increased its holdings in shares of DowDuPont by 7.6% in the third quarter. Morgan Stanley now owns 21,342,100 shares of the company’s stock valued at $1,372,513,000 after purchasing an additional 1,511,435 shares during the last quarter. Institutional investors and hedge funds own 69.88% of the company’s stock.

Shares of DWDP opened at $52.00 on Tuesday. DowDuPont has a 52 week low of $48.89 and a 52 week high of $74.12. The company has a current ratio of 2.01, a quick ratio of 1.33 and a debt-to-equity ratio of 0.39. The stock has a market capitalization of $121.07 billion, a PE ratio of 12.65, a P/E/G ratio of 1.26 and a beta of 1.31.

DowDuPont (NYSE:DWDP) last issued its quarterly earnings results on Thursday, January 31st. The company reported $0.88 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.89 by ($0.01). The business had revenue of $20.10 billion for the quarter, compared to analysts’ expectations of $21.11 billion. DowDuPont had a return on equity of 9.59% and a net margin of 4.47%. On average, research analysts predict that DowDuPont will post 4.1 EPS for the current fiscal year.

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.

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Analyst Recommendations for DowDuPont (NYSE:DWDP)

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