DuPont de Nemours snaps six straight sessions of gains

DuPont de Nemours (DD) shares snapped six straight sessions of gains, as the stock closed marginally lower at $44.59 on Thursday.

The company gained about 3% in the preceding six sessions.

DD is up nearly 8.8% over the past one month. The stock closed 0.04% higher on Wednesday at $44.63.

Looking at Seeking Alpha’s Quant Rating, DD has a Strong Sell rating with a score of 1.20 out of 5. The company received a B in the prospect of valuation, while it got an F in the growth, momentum, and revisions.

Wall Street and Seeking Alpha analysts are, however, bullish on the stock.

Turning to the Wall Street community, 14 out of 17 analysts gave DD a Buy and above, three analysts have given the stock a Hold recommendation, and no one recommended Sell or lower.

Seeking Alpha analysts also see the stock as a Buy.

Seeking Alpha analyst AMO Research said DuPont de Nemours earns a Buy rating, driven by its strategic shift toward high-growth, high-margin water infrastructure and industrial safety markets.

“Despite trading at a premium to peers, DD’s superior margins, cost discipline, and $2B share repurchase program justify its valuation and support further upside,” AMO Research added.

Overall, the stock slipped over 41% in the past one year, compared to the 15% rise in the broader S&P 500 Index.

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