DuPont de Nemours (DD) Projected to Post Earnings on Tuesday

DuPont de Nemours (NYSE:DD) will likely be issuing its quarterly earnings data before the market opens on Tuesday, February 11th. Analysts expect DuPont de Nemours to post earnings of $0.98 per share and revenue of $3.07 billion for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.

DuPont de Nemours (NYSE:DD) last issued its earnings results on Tuesday, November 5th. The basic materials company reported $1.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.03 by $0.15. DuPont de Nemours had a return on equity of 6.64% and a net margin of 6.35%. The firm had revenue of $3.19 billion for the quarter, compared to analysts’ expectations of $3.20 billion. During the same period in the previous year, the firm posted $0.92 earnings per share. The business’s revenue was up 4.4% 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 Stock Performance

NYSE:DD opened at $76.04 on Tuesday. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.28 and a quick ratio of 1.49. The company has a market cap of $31.78 billion, a price-to-earnings ratio of 40.02, a PEG ratio of 1.68 and a beta of 1.35. DuPont de Nemours has a 1 year low of $61.20 and a 1 year high of $90.06. The stock’s 50 day simple moving average is $78.28 and its two-hundred day simple moving average is $81.18.

Analyst Ratings Changes

Several equities analysts have commented on the stock. BMO Capital Markets lowered their price objective on shares of DuPont de Nemours from $107.00 to $105.00 and set an “outperform” rating for the company in a research report on Thursday, January 16th. StockNews.com raised shares of DuPont de Nemours from a “hold” rating to a “buy” rating in a report on Tuesday, January 21st. Royal Bank of Canada boosted their price objective on DuPont de Nemours from $102.00 to $104.00 and gave the stock an “outperform” rating in a research note on Thursday, November 7th. Barclays raised their price objective on DuPont de Nemours from $84.00 to $85.00 and gave the company an “underweight” rating in a research note on Wednesday, November 6th. Finally, JPMorgan Chase & Co. decreased their price target on DuPont de Nemours from $104.00 to $101.00 and set an “overweight” rating on the stock in a report on Wednesday, January 15th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and eleven have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $98.00.

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.