DuPont de Nemours Reports Quarterly Earnings, Exceeds Expectations

On Tuesday, DuPont de Nemours (NYSE:DD) released its latest quarterly earnings report, revealing a positive performance for the basic materials company. The company reported earnings of $1.13 per share (EPS), which surpassed analysts’ forecasts, which estimated earnings of $0.98 per share. This result indicates a noteworthy advantage of $0.15 over the consensus estimate, as reported by financial analysts.

Financial Performance Metrics

DuPont de Nemours also demonstrated solid financial metrics in the latest report, achieving a return on equity of 6.64% and a net margin of 6.35%. Additionally, the company revised its guidance for Q1 2025 to an EPS forecast of 0.950 and adjusted its annual guidance for FY 2025 to between 4.300 and 4.400 EPS.

Current Stock Performance

Following the earnings announcement, shares of DuPont opened at $76.25. The company has shown significant stock performance within the past year, reaching a low of $66.10 and a high of $90.06. Current ratios indicate a quick ratio of 1.49 and a current ratio of 2.28, while the debt-to-equity ratio stands at a low 0.29. DuPont de Nemours’ stock also has a fifty-day simple moving average of $77.57 and a two-hundred-day average of $81.07. Market capitalization has been reported at approximately $31.87 billion, with a price-to-earnings (PE) ratio of 40.13 and a price-to-earnings-growth (PEG) ratio of 1.70.

Analyst Recommendations and Changes

A number of financial analysts recently updated their recommendations for DuPont de Nemours. Barclays raised their target price from $84.00 to $85.00 but assigned an “underweight” rating. Similarly, BMO Capital Markets reduced their price objective from $107.00 to $105.00, maintaining an “outperform” rating. Meanwhile, Morgan Stanley increased their target price from $88.00 to $94.00 and gave the stock an “equal weight” rating. Following suit, JPMorgan Chase cut their target from $104.00 to $101.00 but kept an “overweight” rating. Wells Fargo boosted their price objective from $105.00 to $107.00 with an “overweight” rating as well. Overall, analysts have provided a mixed set of recommendations, with one holding a sell rating, one recommending hold, and eleven issuing a buy rating. According to MarketBeat data, the stock is generally rated as a “Moderate Buy,” with an average target price of $97.42.

Company Overview

DuPont de Nemours, Inc. specializes in providing technology-based materials and solutions across various regions including the United States, Canada, Asia Pacific, Latin America, Europe, the Middle East, and Africa. The company operates through several segments including Electronics & Industrial, Water & Protection, and Corporate & Other. Notably, the Electronics & Industrial segment focuses on supplying materials and solutions necessary for semiconductor and integrated circuit fabrication.

Earnings, Company, Stocks