DuPont De Nemours Inc (NYSE: DD) has reported E.P.S. of $0.41 for its first fiscal quarter (ending March 31) versus $0.58 for the same period a year ago — a decline of -29%. Relative to the consensus estimate of $0.85, this was a shortfall of $-0.44. For the latest four quarters through March 31, E.P.S. were $0.87 compared to $2.18 a year ago — a decline of -60%.
Recent Price Action
DuPont De Nemours Inc (NYSE: DD) stock enjoyed a very large increase of 8.0% on 5/1/24. The shares closed at $78.31. Moreover, exceptionally high trading volume at 286% of normal accompanied the advance. The stock has been weak relative to the market over the last nine months but has risen 6.1% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, DD is expected to continue to be an important Value Builder.
DuPont De Nemours has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. DuPont De Nemours has a neutral Appreciation Score of 53 but a poor Power Rating of 25, leading to the Negative Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
Be the first to comment