DuPont(DD)
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Here's Why You Should Add DuPont Stock to Your Portfolio Now
ZACKS· 2024-10-01 20:00
Core Viewpoint - DuPont de Nemours, Inc. (DD) is experiencing positive momentum driven by innovation, productivity actions, and strategic acquisitions, making it an attractive investment option at this time [1]. Performance Overview - DD's shares have increased by 12% over the past three months and have outperformed the broader chemicals-diversified industry, with a 21.5% rise compared to the industry's 6.1% increase over the past year [1][2]. Earnings Estimates - Earnings estimates for DD have been revised upward, with the Zacks Consensus Estimate for 2024 increasing by 2.7% and for 2025 by 3.1% over the past 60 days, indicating growing investor confidence [3]. Earnings Surprise History - DuPont has consistently outperformed the Zacks Consensus Estimate in the last four quarters, achieving an average earnings surprise of approximately 11.9% [4]. Growth Strategies - The company is focused on growth through innovation and new product development, with investments aimed at high-growth areas and a commitment to driving returns from R&D [5]. Recent Acquisitions - In August 2023, DuPont completed the acquisition of Spectrum Plastics Group for $1.75 billion, enhancing its position in the healthcare market. The buyout of Donatelle Plastics further expands its capabilities in medical device manufacturing [6]. Cost Synergies and Productivity Improvements - DuPont is benefiting from cost synergy savings and productivity improvements, with expected annualized cost savings of $150 million from restructuring actions, nearly $115 million of which is anticipated in 2024 [7]. Strategic Separation Plan - In May 2024, DuPont announced a plan to separate into three publicly traded companies, aiming to unlock shareholder value and enhance operational focus, with each entity expected to maintain strong balance sheets [8]. Zacks Rank and Comparisons - DD currently holds a Zacks Rank 2 (Buy), with other top-ranked stocks in the Basic Materials sector also showing strong performance, such as IAMGOLD Corporation and Eldorado Gold Corporation [9].
Are Basic Materials Stocks Lagging DuPont de Nemours (DD) This Year?
ZACKS· 2024-10-01 14:46
Investors interested in Basic Materials stocks should always be looking to find the best-performing companies in the group. Has DuPont de Nemours (DD) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.DuPont de Nemours is a member of our Basic Materials group, which includes 235 different companies and currently sits at #15 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individ ...
DuPont™ Tedlar® and Lampre Launch Fortilam® Decor at Innotrans
Prnewswire· 2024-09-30 13:00
Fortilam® Decor is an advanced laminate solution for the railway and transportation sectorWILMINGTON, Del., Sept. 30, 2024 /PRNewswire/ -- DuPont (NYSE:DD) today announced that Lampre, a European partner of Tedlar®, has introduced a new product within its Fortilam® line. Fortilam® Decor is an advanced protective solution featuring a multilayer structure uniquely utilizing Tedlar® PVF film. It is designed to meet the rigorous demands of the railway and transportation sector. Lampre and Tedlar® team members p ...
DuPont Unveils Water Solutions Navigator to Assess Sustainability
ZACKS· 2024-09-30 11:20
DuPont de Nemours Inc. (DD) recently launched the Water Solutions Sustainability Navigator, the first digital tool geared to assist customers in estimating important sustainability indicators while employing various water treatment technologies — whether from DuPont or other manufacturers.The Water Solutions Sustainability Navigator allows users to compare how different potential water treatment scenarios affect sustainability indicators such as carbon emissions, chemicals used, wastewater produced, solid w ...
DuPont Announces Launch of Great Stuff Wide Spray Foam Sealant
ZACKS· 2024-09-20 11:36
DuPont de Nemours Inc. (DD) recently introduced Great Stuff Wide Spray Foam Sealant, a new broad-coverage spray foam designed to be optimal for air-sealing seams, joints, large gaps, irregular surfaces and hard-to-reach spaces.DuPont’s Latest Product Offers a Range of BenefitsThis one-component foam sealant expands to one inch, forming a strong, airtight and weather-resistant seal. Designed for fast application, it sticks to both vertical and horizontal surfaces without sagging. Great Stuff Wide Spray's eas ...
DuPont Commits to Net-Zero Emissions by 2050
Prnewswire· 2024-09-19 13:00
Company exceeds its 2030 1.5°C Climate Goals, Strengthens Commitment on Scope 3 Target WILMINGTON, Del., Sept. 19, 2024 /PRNewswire/ -- DuPont (NYSE: DD) today announced its commitment to achieve net-zero carbon emissions by 2050. In a letter submitted to the Science Based Targets initiative (SBTi), the company indicated its intent to set long-term science-based greenhouse gas (GHG) emission reduction targets, thereby establishing an end-to-end value chain net-zero target to be verified by SBTi in accordan ...
DuPont Launches Great Stuff™ Wide Spray Foam Sealant
Prnewswire· 2024-09-17 13:02
This one-component foam sealant expands up to one inch, creating a durable, airtight and weather-resistant seal. Designed for fast application, it adheres to both vertical and horizontal surfaces without sagging. With a simple, hassle-free formula that requires no complex setup, mixing, coveralls or respirators*, Great Stuff™ Wide Spray can streamline the process, helping to save both time and money."We're excited to expand and strengthen the Great Stuff portfolio with the launch of our new Wide Spray Foam ...
Here's Why You Should Hold Onto DuPont's Stock for Now
ZACKS· 2024-09-11 13:36
DuPont de Nemours, Inc. (DD) is expected to gain from its innovation-driven investment, productivity actions and the acquisitions of the Spectrum Plastics Group and Donatelle Plastics amid headwinds from weaker demand in specific businesses.DD’s shares are up 5.7% over a year against a 9.6% decline of its industry. Image Source: Zacks Investment ResearchLet’s find out why this Zacks Rank #3 (Hold) stock is worth retaining at the moment.Productivity, Innovation & Acquisition Aid DD StockDuPont remains focuse ...
DuPont Announces 2024 Lavoisier Medal and Pedersen Award Recipients
Prnewswire· 2024-09-10 14:00
Company proudly honors four scientists whose innovations have made a significant impact for customers, industries and the world. WILMINGTON, Del., Sept. 10, 2024 /PRNewswire/ -- DuPont (NYSE:DD) has named the recipient of the 2024 Lavoisier Medal for Lifetime Technical Achievement and three recipients of the prestigious Pedersen Award.At a ceremony this November, the 2024 Lavoisier Medal will be conferred on Brad Taylor, Ph.D., Technical Laureate, Printing & Packaging. The Lavoisier Medal for Lifetime Techn ...
Why Is DuPont de Nemours (DD) Up 0.9% Since Last Earnings Report?
ZACKS· 2024-08-30 16:37
It has been about a month since the last earnings report for DuPont de Nemours (DD) . Shares have added about 0.9% in that time frame, underperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is DuPont de Nemours due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. DuPont's Earnings and Revenues To ...