DuPont de Nemours (DD) to Release Earnings on Tuesday

DuPont de Nemours (NYSE:DD) will announce its earnings results before the market opens on Tuesday, November 5th. Analysts expect the company to announce earnings of $1.03 per share for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.

DuPont de Nemours (NYSE:DD) last announced its earnings results on Wednesday, July 31st. The basic materials company reported $0.97 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.85 by $0.12. DuPont de Nemours had a net margin of 5.30% and a return on equity of 6.31%. The firm had revenue of $3.17 billion for the quarter, compared to analysts’ expectations of $3.05 billion. During the same period in the prior year, the company earned $0.85 EPS. The business’s revenue was up 2.5% compared to the same quarter last year. On average, analysts expect DuPont de Nemours to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

DuPont de Nemours Trading Up 0.7 %

Shares of NYSE DD opened at $83.91 on Tuesday. The stock has a market capitalization of $35.08 billion, a P/E ratio of 102.33, a PEG ratio of 2.26 and a beta of 1.34. DuPont de Nemours has a 1-year low of $61.14 and a 1-year high of $90.06. The business’s 50 day moving average is $83.93 and its two-hundred day moving average is $80.68. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.21 and a quick ratio of 1.44.

DuPont de Nemours Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, December 16th. Investors of record on Friday, November 29th will be issued a dividend of $0.38 per share. The ex-dividend date is Friday, November 29th. This represents a $1.52 annualized dividend and a yield of 1.81%. DuPont de Nemours’s payout ratio is presently 185.37%.

Analyst Ratings Changes

Several analysts have issued reports on DD shares. Citigroup decreased their price objective on shares of DuPont de Nemours from $95.00 to $94.00 and set a “buy” rating for the company in a research note on Friday, July 12th. Morgan Stanley raised their price target on shares of DuPont de Nemours from $88.00 to $94.00 and gave the stock an “equal weight” rating in a research note on Monday, October 21st. Royal Bank of Canada boosted their price objective on shares of DuPont de Nemours from $87.00 to $102.00 and gave the company an “outperform” rating in a research report on Monday, August 5th. Barclays lowered DuPont de Nemours from an “equal weight” rating to an “underweight” rating and lowered their price target for the company from $88.00 to $84.00 in a report on Monday, October 7th. Finally, Deutsche Bank Aktiengesellschaft lifted their target price on DuPont de Nemours from $92.00 to $98.00 and gave the company a “buy” rating in a research report on Thursday, August 1st. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and nine have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $94.83.

About DuPont de Nemours

DuPont de Nemours, Inc provides technology-based materials and solutions in the United States, Canada, the Asia Pacific, Latin America, Europe, the Middle East, and Africa. It operates through Electronics & Industrial, Water & Protection, and Corporate & Other segments. The Electronics & Industrial segment supplies materials and solutions for the fabrication of semiconductors and integrated circuits.