E I Du Pont De Nemours And Co (DD) Issues FY16 Earnings Guidance
E I Du Pont De Nemours And Co (NYSE:DD) updated its FY16 earnings guidance on Tuesday. The company provided EPS guidance of $2.95-3.10 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.13, AnalystRatings.NET reports.
A number of research firms recently commented on DD. S&P Equity Research lowered shares of E I Du Pont De Nemours And to a sell rating in a research note on Wednesday, October 28th. Vetr lowered shares of E I Du Pont De Nemours And from a buy rating to a hold rating and set a $68.62 target price for the company. in a research note on Tuesday, December 29th. TheStreet raised shares of E I Du Pont De Nemours And from a hold rating to a buy rating in a research note on Wednesday, November 11th. Citigroup Inc. reissued a buy rating and set a $73.00 target price (up previously from $63.00) on shares of E I Du Pont De Nemours And in a research note on Tuesday, November 17th. Finally, RBC Capital reissued a hold rating on shares of E I Du Pont De Nemours And in a research note on Saturday, December 5th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has a consensus rating of Buy and a consensus price target of $69.43.
E I Du Pont De Nemours And Co (NYSE:DD) opened at 53.46 on Wednesday. The company has a market cap of $46.85 billion and a P/E ratio of 16.89. E I Du Pont De Nemours And Co has a 12-month low of $47.11 and a 12-month high of $76.59. The stock’s 50 day moving average is $62.56 and its 200 day moving average is $58.29.
E I Du Pont De Nemours And (NYSE:DD) last announced its earnings results on Tuesday, January 26th. The company reported $0.27 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.25 by $0.02. During the same quarter in the previous year, the company posted $0.57 EPS. The business had revenue of $5.30 billion for the quarter, compared to analyst estimates of $5.53 billion. The business’s revenue for the quarter was down 9.4% compared to the same quarter last year. On average, equities analysts forecast that E I Du Pont De Nemours And Co will post $2.76 earnings per share for the current year.
E. I. du Pont de Nemours and Company (NYSE:DD) is a science and technology-based company. The Company’s subsidiaries and affiliates conduct manufacturing, seed production or selling activities and distribute products manufactured by the Company. The Company’s segments include Agriculture, Electronics & Communications, Industrial Biosciences, Nutrition & Health, Performance Materials and Safety & Protection. The Company’s other business operations include various embryonic businesses, such as pre-commercial programs and non-aligned businesses. DuPont conducts research and development (R&D) programs across multiple fields, including biology, chemistry, engineering and materials science. The Company’s brands include Pioneer, DuPont Teflon, Capstone, Opteon yf, Isceon, Suva, Vazo, Vertrel, Virkon, Viton, Zyron and Bynel coextrudable adhesive resins, Elvax EVA resins, DuPont Kevlar, Nomex and Tyvek.

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