DuPont de Nemours (NYSE:DD) Releases Q4 2024 Earnings Guidance

DuPont de Nemours (NYSE:DD) updated its fourth quarter 2024 earnings guidance on Tuesday. The company provided EPS guidance of 0.980-0.980 for the period, compared to the consensus EPS estimate of 0.980. The company issued revenue guidance of $3.1 billion-$3.1 billion, compared to the consensus revenue estimate of $3.1 billion. DuPont de Nemours also updated its FY 2024 guidance to 3.900-3.900 EPS.

Analysts Set New Price Targets

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

DuPont de Nemours Stock Performance

Shares of NYSE DD opened at $81.85 on Tuesday. The company has a 50 day simple moving average of $84.15 and a two-hundred day simple moving average of $81.01. The stock has a market cap of $34.19 billion, a price-to-earnings ratio of 53.85, a PEG ratio of 2.18 and a beta of 1.35. The company has a current ratio of 2.21, a quick ratio of 1.44 and a debt-to-equity ratio of 0.30. DuPont de Nemours has a 12 month low of $61.14 and a 12 month high of $90.06.

DuPont de Nemours Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, December 16th. Stockholders of record on Friday, November 29th will be paid a $0.38 dividend. The ex-dividend date of this dividend is Friday, November 29th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.86%. DuPont de Nemours’s payout ratio is 100.00%.

DuPont de Nemours Company Profile

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.