NEU: Krypto-Sparplan bei BISON. Einfach und stressfrei in Bitcoin, Ethereum & Co. investieren. -w-
02.12.2021 17:31

DuPont de Nemours (DD) Down 7.9% Since Last Earnings Report: Can It Rebound?

Folgen
Werbung
A month has gone by since the last earnings report for DuPont de Nemours (DD). Shares have lost about 7.9% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is DuPont de Nemours due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. DuPont Tops Q3 Earnings & Sales Estimates, Cuts FY21 ViewDuPont recorded earnings (on a reported basis) from continuing operations of 80 cents per share for third-quarter 2021, up from 11 cents per share in the year-ago quarter.Barring one-time items, earnings came in at $1.15 per share for the reported quarter, topping the Zacks Consensus Estimate of $1.12. DuPont raked in net sales of $4,271 million, up 18% from the year-ago quarter. It also beat the Zacks Consensus Estimate of $4,093.3 million. The company saw a 16% rise organic sales in the quarter, supported by 10% higher volumes and 6% pricing gains. It also witnessed double-digit sales growth across its segments in the reported quarter. The company benefited from strong demand across electronics, automotive, construction and water end-markets and sustained improvement in global industrial end-markets in the quarter. However, it faced challenges from raw material cost inflation as well as global supply chain and logistics issues in the quarter.Segment HighlightsThe company’s Electronics & Industrial segment recorded net sales of $1.5 billion in the reported quarter, up 21% on a year-over-year comparison basis. Organic sales rose 9% on higher volumes. Volume growth was driven by gains in Industrial Solutions with strength in consumer electronics, healthcare and industrial markets. Continued strength was also witnessed in Semiconductor Technologies. Organic sales declined in Interconnect Solutions.Net sales in the Water & Protection unit were $1.4 billion, up 12% year over year. Organic sales rose 11% on 9% higher volume and 2% higher prices. Sales were driven by Safety Solutions on continued recovery in industrial end-markets. The company also saw strong demand in Water Solutions technologies.Net sales for the Mobility & Materials division were $1.3 billion in the reported quarter, up 30% year over year. Organic sales jumped 28% on 16% higher pricing and 12% volume increase. The company saw sustained recovery from the impacts of the pandemic. Sales gains were broad-based in the reported quarter, reflecting significant organic growth across Engineering Polymers, Performance Resins and Advanced Solutions.FinancialsDuPont had cash and cash equivalents of $1,670 million at the end of the quarter, down around 58% year over year. Long-term debt was $10,629 million, down roughly 51% year over year.The company also generated operating cash flow of $842 million and free cash flow of $634 million in the quarter. Moreover, it returned around $657 million to shareholders through share repurchases and dividends during the quarter.OutlookDuPont noted that it will continue to implement strategic price increases in the fourth quarter in the wake of rising raw material costs. The company expects strong demand trends to continue across almost all end-markets in the fourth quarter.  However, it is witnessing a deceleration in order patterns due to the global semiconductor shortages, mainly in the automotive market.The company now sees net sales for the year to be between $16.34 billion and $16.40 billion, down from $16.45 billion and $16.55 billion it expected earlier. It also expects adjusted earnings per share for 2021 in the band of $4.18-$4.22, down from the prior view of $4.24-$4.30.How Have Estimates Been Moving Since Then?In the past month, investors have witnessed a downward trend in estimates review. The consensus estimate has shifted -6.85% due to these changes.VGM ScoresCurrently, DuPont de Nemours has an average Growth Score of C, though it is lagging a bit on the Momentum Score front with a D. However, the stock was allocated a grade of B on the value side, putting it in the second quintile for this investment strategy.Overall, the stock has an aggregate VGM Score of C. If you aren't focused on one strategy, this score is the one you should be interested in.OutlookEstimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. Notably, DuPont de Nemours has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.Infrastructure Stock Boom to Sweep America A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made.The only question is “Will you get into the right stocks early when their growth potential is greatest?”Zacks has released a Special Report to help you do just that, and today it’s free. Discover 7 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale.Download FREE: How to Profit from Trillions on Spending for Infrastructure >>Want 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 DuPont de Nemours, Inc. (DD): Free Stock Analysis Report To read this article on Zacks.com click here.
Weiter zum vollständigen Artikel bei "Zacks"
Quelle: Zacks

Nachrichten zu DuPont de Nemours

  • Relevant
  • Alle
  • vom Unternehmen
  • Peer Group
  • ?

Um Ihnen die Übersicht über die große Anzahl an Nachrichten, die jeden Tag für ein Unternehmen erscheinen, etwas zu erleichtern, haben wir den Nachrichtenfeed in folgende Kategorien aufgeteilt:

Relevant: Nachrichten von ausgesuchten Quellen, die sich im Speziellen mit diesem Unternehmen befassen

Alle: Alle Nachrichten, die dieses Unternehmen betreffen. Z.B. auch Marktberichte die außerdem auch andere Unternehmen betreffen

vom Unternehmen: Nachrichten und Adhoc-Meldungen, die vom Unternehmen selbst veröffentlicht werden

Peer Group: Nachrichten von Unternehmen, die zur Peer Group gehören

Analysen zu DuPont de Nemours

  • Alle
  • Buy
  • Hold
  • Sell
  • ?
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
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
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
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"
mehr Analysen
Werbung
Werbung
Werbung
Werbung
Börse Stuttgart Anlegerclub
Werbung

Heute im Fokus

Zinssorgen belasten: DAX geht tiefrot ins Wochenende -- Netflix enttäuscht mit Prognose -- Siemens Energy schockt mit Prognosesenkung -- CureVac, Google, Siltronic, Zalando im Fokus

Schlumberger übertrifft Erwartungen. Total zieht sich nach Militärputsch aus Myanmar zurück. ElringKlinger gibt Jobgarantie bis 2024 an Dettinger Standorten. Airbus kündigt im Streit mit Qatar Airways Vertrag für A321neo. AUTO1-Eigner prüfen koordinierten Aktien-Verkauf nach Kurserholung. secunet 2021 mit Umsatzsprung. Intel will Chip-Werke für 20 Milliarden Dollar in Ohio bauen.

Umfrage

Haben Sie Verständnis für Menschen, die gegen die Corona-Politik demonstrieren?

finanzen.net zero
finanzen.net zero

Oskar

ETF-Sparplan

Oskar ist der einfache und intelligente ETF-Sparplan. Er übernimmt die ETF-Auswahl, ist steuersmart, transparent und kostengünstig.
Zur klassischen Ansicht wechseln