Market Update: E I du Pont de Nemours and Company (NYSE:DD) – DuPont Industrial Biosciences and ADM Announce Breakthrough Platform Technology for Long Sought-After Molecule

[GlobeNewswire] – WILMINGTON, Del. — via PRWEB – Today, science and agricultural leaders DuPont Industrial Biosciences (DuPont) and Archer Daniels Midland Company (ADM) announced a new breakthrough process with the potential … Read more on this. E. I. du Pont de Nemours and Company (DD) , valued at $46.64B, started the session at $54.81. Looking at the stock, its one day range is $52.55 to $54.87 with its 52-week range being $47.11 to $76.59. Priced at 19.60x this year’s forecasted earnings, DD shares are relatively expensive compared to the industry’s 14.10x forward p/e ratio. The company pays shareholders $1.52 per share annually in dividends, yielding 2.65%. Consensus earnings for the current quarter by the 18 sell-side analysts covering the stock is an estimate of $0.25 per share, which would be $0.32 worse than the year-ago quarter and a $0.04 sequential decrease. Furthermore, our analysis shows the full-year EPS estimate to be $2.76, which would be a $0.60 worse when compared to the last year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $5.39 Billion. If realized, that would be a 26.96% decrease over the year-ago quarter. More recently, Bernstein upgraded DD from Mkt Perform to Outperform (Jan 8, 2016). Previously, Citigroup downgraded DD from Buy to Neutral. The average price target for DD shares by the analysts covering the stock is $71.75, which is 30.91% above where the stock opened this morning. See more in (NYSE:DD) Similar Articles: Stock Update (NYSE:DD): Dyadic International, Inc. Announces Closing of Sale of Industrial Technology Business to Dupont Industrial Biosciences Market Update: E I du Pont de Nemours and Company (NYSE:DD) – DuPont Names Timothy P. Glenn as President, DuPont Crop Protection Market Update: E I du Pont de Nemours and Company (NYSE:DD) – DuPont Names New DuPont Fellows