DuPont de Nemours Quarterly Earnings Exceed Expectations
DuPont de Nemours (NYSE:DD) released its quarterly earnings results on Tuesday. The basic materials company reported earnings of $1.13 per share (EPS) for the quarter, surpassing analysts' average estimate of $0.98 by a margin of $0.15, according to reports from Zacks. Additionally, DuPont de Nemours recorded a return on equity of 6.64% and a net profit margin of 6.35%. The company has also revised its guidance for the first quarter of 2025, now estimating EPS to be between $0.950 and $0.950, and for the full year 2025, the expectation is set between $4.300 and $4.400 EPS.
DuPont de Nemours Stock Performance
On Tuesday, shares of DuPont opened at $76.25. Over the past year, the stock has reached a low of $66.10 and a high of $90.06. The company shows a quick ratio of 1.49, a current ratio of 2.28, and a debt-to-equity ratio of 0.29. Recent trading trends indicate that the fifty-day simple moving average stands at $77.57, while the two-hundred-day simple moving average is at $81.07. With a market capitalization of approximately $31.87 billion, DuPont's price-to-earnings (P/E) ratio is reported at 40.13, along with a price-to-earnings-growth (PEG) ratio of 1.70 and a beta of 1.34, indicating moderate volatility compared to the market.
Recent Analyst Ratings
Several brokerages have recently updated their ratings and price targets for DuPont shares. Barclays raised its target price from $84.00 to $85.00 while maintaining an "underweight" rating in a report released on November 6. BMO Capital Markets adjusted their price target from $107.00 to $105.00, giving the stock an "outperform" rating in mid-January. Morgan Stanley also revised their target price from $88.00 to $94.00 and rated it "equal weight". In contrast, JPMorgan Chase reduced its price target from $104.00 to $101.00, while still rating the stock "overweight". Wells Fargo increased their price target from $105.00 to $107.00 and maintained their "overweight" rating on November 6. Currently, one analyst has rated the stock as a sell, one as a hold, while eleven have given it a buy rating. According to MarketBeat.com, the average rating for DuPont is categorized as a "Moderate Buy," with an average target price of $97.42.
About DuPont de Nemours
DuPont de Nemours, Inc. is involved in providing technology-based materials and solutions across various sectors including Electronics & Industrial, Water & Protection, and Corporate & Other. They supply materials for semiconductor and integrated circuit fabrication in the Electronics & Industrial segment, contributing significantly to the technology landscape.
Earnings, Stocks, DuPont