Based on the provided data, I'll analyze whether DD (DuPont) is currently overvalued.
Valuation Analysis:
DD's current P/E ratio of 69.72 (Q3 2024) shows a significant increase from 79.90 in Q1 2024, suggesting elevated valuation levels compared to historical norms.
Technical Analysis:
The stock is currently trading at $75.65, below its 20-day moving average of $76.54 and 60-day moving average of $78.97, indicating bearish short-term momentum. The RSI at 42.89 suggests neutral to slightly oversold conditions.
Analyst Consensus:
Recent analyst actions show a mixed but generally positive outlook, with price targets ranging from $85 to $107, averaging $98.29. JPMorgan recently lowered their target to $101 from $104 but maintains an Overweight rating.
Final Assessment:
DD is not overvalued at current levels considering the company's planned separation into three companies by mid-2026, strong analyst support, and current trading below moving averages. The stock's recent underperformance relative to the S&P 500 has created a more attractive entry point.