DuPont de Nemours (DD) Scheduled to Post Earnings on Wednesday

DuPont de Nemours (NYSE:DD - Get Free Report) is set to issue its quarterly earnings data before the market opens on Wednesday, May 1st. Analysts expect the company to announce earnings of $0.65 per share for the quarter. Individual that wish to listen to the company's earnings conference call can do so using this link.

DuPont de Nemours (NYSE:DD - Get Free Report) last released its quarterly earnings results on Tuesday, February 6th. The basic materials company reported $0.87 EPS for the quarter, topping the consensus estimate of $0.85 by $0.02. DuPont de Nemours had a return on equity of 6.12% and a net margin of 3.51%. The firm had revenue of $2.90 billion during the quarter, compared to analyst estimates of $2.92 billion. During the same period in the previous year, the company posted $0.89 EPS. The business's revenue for the quarter was down 6.6% compared to the same quarter last year. On average, analysts expect DuPont de Nemours to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

DuPont de Nemours Stock Up 0.2 %

Shares of DuPont de Nemours stock traded up $0.16 on Wednesday, reaching $73.96. The stock had a trading volume of 1,518,387 shares, compared to its average volume of 3,034,708. DuPont de Nemours has a 1 year low of $61.14 and a 1 year high of $78.74. The company has a 50 day moving average price of $73.03 and a 200 day moving average price of $72.12. The company has a quick ratio of 1.73, a current ratio of 2.43 and a debt-to-equity ratio of 0.32. The stock has a market capitalization of $30.92 billion, a P/E ratio of 79.53, a P/E/G ratio of 2.42 and a beta of 1.40.

DuPont de Nemours Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 17th. Investors of record on Friday, May 31st will be given a $0.38 dividend. This represents a $1.52 annualized dividend and a dividend yield of 2.06%. The ex-dividend date of this dividend is Thursday, May 30th. DuPont de Nemours's payout ratio is currently 163.44%.

Wall Street Analyst Weigh In

Several analysts have commented on the stock. TheStreet downgraded shares of DuPont de Nemours from a "b-" rating to a "c" rating in a report on Tuesday, February 6th. Wells Fargo & Company increased their price target on DuPont de Nemours from $69.00 to $80.00 and gave the stock an "equal weight" rating in a research report on Thursday, April 11th. BMO Capital Markets cut DuPont de Nemours from an "outperform" rating to a "market perform" rating and decreased their price objective for the company from $80.00 to $72.00 in a report on Wednesday, January 24th. Citigroup raised their target price on DuPont de Nemours from $73.00 to $80.00 and gave the stock a "neutral" rating in a report on Wednesday, April 10th. Finally, JPMorgan Chase & Co. lifted their price target on DuPont de Nemours from $76.00 to $85.00 and gave the company an "overweight" rating in a research report on Friday, March 22nd. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, DuPont de Nemours has an average rating of "Hold" and a consensus target price of $77.90.

Insider Buying and Selling

In related news, insider Michael G. Goss sold 2,354 shares of the firm's stock in a transaction dated Wednesday, March 13th. The shares were sold at an average price of $72.80, for a total value of $171,371.20. Following the transaction, the insider now directly owns 15,587 shares of the company's stock, valued at approximately $1,134,733.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.56% of the stock is owned by insiders.

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.