E.I. DuPont de Nemours & Co. (DD) Releases FY13 Earnings Guidance
E.I. DuPont de Nemours & Co. (NYSE:DD) updated its FY13 earnings guidance on Tuesday. The company provided EPS guidance of ~$3.85 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.81, American Banking and Market News reports.
DD has been the subject of a number of recent research reports. Analysts at Argus raised their price target on shares of E.I. DuPont de Nemours & Co. from $63.00 to $66.00 in a research note to investors on Friday, July 26th. They now have a buy rating on the stock. On a related note, analysts at Zacks reiterated a neutral rating on shares of E.I. DuPont de Nemours & Co. in a research note to investors on Wednesday, July 24th. They now have a $60.00 price target on the stock. Finally, analysts at RBC Capital downgraded shares of E.I. DuPont de Nemours & Co. from an outperform rating to a sector perform rating in a research note to investors on Wednesday, July 24th. Three equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and two have issued a buy rating to the company’s stock. E.I. DuPont de Nemours & Co. currently has a consensus rating of Hold and a consensus price target of $54.91.
E.I. DuPont de Nemours & Co. (NYSE:DD) opened at 59.46 on Tuesday. E.I. DuPont de Nemours & Co. has a 52-week low of $41.67 and a 52-week high of $60.86. The stock has a 50-day moving average of $58. and a 200-day moving average of $55.8. The company has a market cap of $54.907 billion and a P/E ratio of 12.36.
E.I. DuPont de Nemours & Co. (NYSE:DD) last posted its quarterly earnings results on Tuesday, October 22nd. The company reported $0.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.41 by $0.04. The company had revenue of $7.74 billion for the quarter, compared to the consensus estimate of $7.78 billion. During the same quarter in the previous year, the company posted $0.44 earnings per share. The company’s revenue for the quarter was up 6.4% on a year-over-year basis. On average, analysts predict that E.I. DuPont de Nemours & Co. will post $3.80 earnings per share for the current fiscal year.
E. I. du Pont de Nemours and Company (NYSE:DD) manufacturing, seed production or selling activities and some are distributors of products manufactured by the Company.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.