Somewhat Positive Media Coverage Somewhat Unlikely to Affect DowDuPont (DWDP) Stock Price
News coverage about DowDuPont (NYSE:DWDP) has trended somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies negative and positive press coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. DowDuPont earned a coverage optimism score of 0.22 on Accern’s scale. Accern also gave media coverage about the company an impact score of 47.016656603407 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the headlines that may have impacted Accern Sentiment’s scoring:
- DowDuPont Inc Plans Quarterly Dividend of $0.38 (DWDP) (americanbankingnews.com)
- Eye-Catching Shares: DowDuPont Inc (NYSE: DWDP) – Alpha Beta Stock (alphabetastock.com)
- DowDuPont Inc (DWDP) Files 10-K for the Fiscal Year Ended on December 31, 2017 – GuruFocus.com (gurufocus.com)
- Critics blast EPA for lowering Syngenta pesticide fine (marketbeat.com)
- LyondellBasell doubles plastics business with $1.24 bln Schulman deal (finance.yahoo.com)
Several equities analysts have recently commented on DWDP shares. UBS Group upped their price target on DowDuPont from $75.00 to $82.00 and gave the company a “buy” rating in a research note on Friday, October 27th. Morgan Stanley upped their price target on DowDuPont from $77.00 to $80.00 and gave the company an “overweight” rating in a research note on Wednesday, November 1st. Royal Bank of Canada reaffirmed a “buy” rating and issued a $86.00 price target on shares of DowDuPont in a research note on Friday, December 8th. Zacks Investment Research raised DowDuPont from a “strong sell” rating to a “hold” rating in a research note on Wednesday, November 1st. Finally, ValuEngine raised DowDuPont from a “hold” rating to a “buy” rating in a research note on Sunday, December 31st. Six research analysts have rated the stock with a hold rating and twenty have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of $80.71.
DowDuPont (NYSE:DWDP) last issued its quarterly earnings results on Thursday, February 1st. The company reported $0.83 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.67 by $0.16. DowDuPont had a return on equity of 8.21% and a net margin of 2.34%. The company had revenue of $20.07 billion for the quarter, compared to the consensus estimate of $19.46 billion. The company’s revenue for the quarter was up 54.1% on a year-over-year basis. sell-side analysts expect that DowDuPont will post 4.14 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Thursday, March 15th. Shareholders of record on Wednesday, February 28th will be issued a dividend of $0.38 per share. The ex-dividend date is Tuesday, February 27th. This represents a $1.52 annualized dividend and a yield of 2.11%. DowDuPont’s dividend payout ratio (DPR) is 160.00%.
In other DowDuPont news, insider Andrew N. Liveris sold 49,449 shares of the company’s stock in a transaction dated Tuesday, November 21st. The stock was sold at an average price of $71.63, for a total transaction of $3,542,031.87. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, General Counsel Charles J. Kalil sold 40,528 shares of the company’s stock in a transaction dated Tuesday, November 21st. The stock was sold at an average price of $71.51, for a total value of $2,898,157.28. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 395,348 shares of company stock worth $28,358,199. 0.89% of the stock is owned by company insiders.
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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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