DuPont (DD) Announces Plan to Separate Into Three Companies

23.05.24 17:04 Uhr

Werte in diesem Artikel
Aktien

74,46 EUR -0,46 EUR -0,61%

Indizes

5.464,6 PKT -8,6 PKT -0,16%

DuPont de Nemours, Inc. DD announced a strategic plan to separate into three distinct, publicly traded companies aimed at unlocking value for shareholders and enhancing operational focus. The proposed separations of the Electronics and Water businesses will be executed in a tax-free manner for DuPont shareholders, resulting in New DuPont, Electronics and Water as independent entities. Each company will benefit from increased agility and focus within their respective industries while maintaining strong balance sheets and attractive financial profiles.New DuPont will remain a leading diversified industrial company and stand as a cornerstone of innovation, boasting a diverse portfolio anchored by iconic brands like Tyvek, Kevlar and Nomex. With a strategic focus on healthcare, advanced mobility solutions and a wide array of industrial applications, New DuPont is expected to have a strong presence across multiple sectors. It will comprise the current businesses within the Water & Protection segment, most businesses within Industrial Solutions and the retained businesses reported in Corporate. In 2023, these business segments collectively contributed $6.6 billion to net sales, with a robust operating EBITDA margin of 24%. New DuPont is expected to have a balanced financial policy similar to existing DuPont and continue to deliver strong margins and generate solid cash flows.As a global frontrunner in electronic materials, Electronics will stand at the vanguard of technological advancement, offering cutting-edge solutions tailored for semiconductor chip manufacturing and high-performance electronics. It will consist of the existing Semiconductor Technologies and Interconnect Solutions lines and the electronics-related product lines from Industrial Solutions. With net sales reaching $4 billion in 2023 and a healthy operating EBITDA margin of 29%, Electronics is positioned as a catalyst for innovation and growth within the semiconductor industry. With the development of next-generation electronic materials and technologies, Electronics will be positioned well to address the burgeoning demand and execute organic and inorganic growth opportunities.Water will emerge as a pivotal player in the vital realm of water filtration and purification, catering to the diverse needs of industrial, municipal, commercial and residential markets. With a steadfast focus on profitability and innovation, Water leverages its expertise to deliver advanced technologies that ensure access to clean and potable water. Generating $1.5 billion in net sales and boasting a commendable operating EBITDA margin of 24% in 2023, Water will prioritize profitable growth and strategic investments in advanced technologies and pursue potential inorganic growth opportunities.DuPont de Nemours, Inc. Price and Consensus  DuPont de Nemours, Inc. price-consensus-chart | DuPont de Nemours, Inc. Quote The separations are expected to be completed within 18-24 months, subject to customary conditions and regulatory approvals. These transactions will be tax-free for DD shareholders and will not require a shareholder vote. All three resulting companies are anticipated to have strong balance sheets and sufficient capitalization to pursue future growth opportunities. New DuPont is expected to maintain its investment-grade credit rating.DuPont reaffirmed its 2024 financial outlook provided on May 1. It expects approximately $12.25 billion in net sales, around $2.975 billion in operating EBITDA and an adjusted EPS of approximately $3.60 per share, based on the mid-point of its guidance ranges.DuPont’s shares have increased 18.5% in a year compared with a 2.6% rise of the industry. Image Source: Zacks Investment ResearchZacks Rank & Key PicksDuPont currently has a Zacks Rank #3 (Hold).Some better-ranked stocks in the Basic Materials space are Carpenter Technology Corporation CRS, sporting a Zacks Rank #1 (Strong Buy), ATI Inc. ATI and Ecolab Inc. ECL, each carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.CRS’ earnings beat the Zacks Consensus Estimate in three of the last four quarters while matching it once, with the average earnings surprise being 15.1%. The company’s shares have soared 136.8%% in the past year.ATI’s earnings beat the Zacks Consensus Estimate in each of the last four quarters, with the average earnings surprise being 8.34%. The company’s shares have surged 65.8% in the past year.The Zacks Consensus Estimate for Ecolab's current year earnings is pegged at $6.59 per share, indicating a year-over-year rise of 26.5%. The Zacks Consensus Estimate for ECL’s current-year earnings has been going up in the past 30 days. ECL beat the consensus estimate in each of the last four quarters, with the average earnings surprise being 1.3%. The stock has rallied nearly 39.4% in the past year.Research Chief Names "Single Best Pick to Double" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.This company targets millennial and Gen Z audiences, generating nearly $1 billion in revenue last quarter alone. A recent pullback makes now an ideal time to jump aboard. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.Free: See Our Top Stock And 4 Runners UpWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Ecolab Inc. (ECL): Free Stock Analysis Report ATI Inc. (ATI): Free Stock Analysis Report DuPont de Nemours, Inc. (DD): Free Stock Analysis Report Carpenter Technology Corporation (CRS): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks

Ausgewählte Hebelprodukte auf DuPont de Nemours

Mit Knock-outs können spekulative Anleger überproportional an Kursbewegungen partizipieren. Wählen Sie einfach den gewünschten Hebel und wir zeigen Ihnen passende Open-End Produkte auf DuPont de Nemours

NameHebelKOEmittent
NameHebelKOEmittent
Werbung

Quelle: Zacks

Nachrichten zu DuPont de Nemours

Analysen zu DuPont de Nemours

DatumRatingAnalyst
04.10.2021DuPont de Nemours OverweightJP Morgan Chase & Co.
20.08.2019DowDuPont OutperformCowen and Company, LLC
25.06.2019DowDuPont NeutralMonness, Crespi, Hardt & Co.
10.06.2019DowDuPont OutperformCowen and Company, LLC
06.02.2019DowDuPont Market PerformCowen and Company, LLC
DatumRatingAnalyst
04.10.2021DuPont de Nemours OverweightJP Morgan Chase & Co.
20.08.2019DowDuPont OutperformCowen and Company, LLC
10.06.2019DowDuPont OutperformCowen and Company, LLC
12.10.2018DowDuPont buyDeutsche Bank AG
29.03.2018DowDuPont OutperformBMO Capital Markets
DatumRatingAnalyst
25.06.2019DowDuPont NeutralMonness, Crespi, Hardt & Co.
06.02.2019DowDuPont Market PerformCowen and Company, LLC
12.09.2017DowDuPont NeutralMonness, Crespi, Hardt & Co.
31.05.2017Dow Chemical Market PerformCowen and Company, LLC
26.04.2017DuPont (E I DuPont de Nemours and Sector PerformRBC Capital Markets
DatumRatingAnalyst
05.01.2009Dow Chemical verkaufenEuro am Sonntag
11.04.2007Dow Chemical verkaufenHamburger Sparkasse
03.02.2006Update Rohm and Haas Co.: ReduceUBS
07.07.2005Update Rohm and Haas Co.: SellLongbow

Um die Übersicht zu verbessern, haben Sie die Möglichkeit, die Analysen für DuPont de Nemours nach folgenden Kriterien zu filtern.

Alle: Alle Empfehlungen

Buy: Kaufempfehlungen wie z.B. "kaufen" oder "buy"
Hold: Halten-Empfehlungen wie z.B. "halten" oder "neutral"
Sell: Verkaufsempfehlungn wie z.B. "verkaufen" oder "reduce"