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 waste generated and footprint required, with all calculations and indicators validated by a third-party verification performed by LRQA, an international assurance provider.
The Water Solutions Sustainability Navigator can assist users in better understanding the relationship between sustainability-driven decisions and operational costs, even though there are numerous aspects that might impact the design and selection of water treatment technologies. Through the uncovering of solutions using fewer chemicals, less energy, or a smaller land footprint, DD’s customers are lowering the overall cost of water while lessening their environmental effects.
Customers can have a better understanding of the overall value and long-term savings associated with the adoption of sustainability-advantaged water treatment technologies by comparing up to five distinct and independently confirmed scenarios. DD’s customers are already beginning to use the Water Solutions Sustainability Navigator to make decisions that benefit both their operations and their sustainability goals.
Shares of DuPont have gained 22.1% over the past year compared with a 6.1% rise of its industry.
Image Source: Zacks Investment Research
DuPont, on its second-quarter call, raised its projections for net sales, operating earnings before interest, taxes, depreciation, and amortization (EBITDA) and adjusted earnings per share (EPS) for 2024. The company now anticipates full-year net sales to be $12.45 billion, operating EBITDA to be $3.085 billion and adjusted EPS to be $3.75 per share, based on the midpoint of the updated guidance.
For the third quarter of 2024, DuPont expects a return to year-over-year organic sales growth, led by the Electronics & Industrial segment. Sales and earnings growth in the Water & Protection segment are anticipated to begin in the fourth quarter. The company forecasts net sales of $3.2 billion, operating EBITDA of $815 million and adjusted EPS of $1.03 for the third quarter.
DuPont de Nemours, Inc. price-consensus-chart | DuPont de Nemours, Inc. Quote
DD currently carries a Zacks Rank #3 (Hold).
Better-ranked stocks in the basic materials space include Carpenter Technology Corporation CRS, Eldorado Gold Corporation EGO and Hawkins, Inc. HWKN.
Carpenter Technology currently carries a Zacks Rank #1 (Strong Buy). CRS beat the Zacks Consensus Estimate in each of the last four quarters, with the average earnings surprise being 15.9%. The company's shares have soared 138.8% in the past year. You can see the complete list of today's Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Eldorado’s current-year earnings is pegged at $1.40 per share, indicating a year-over-year rise of 145.6%. EGO, a Zacks Rank #2 (Buy) stock, beat the consensus estimate in each of the last four quarters, with the average earnings surprise being 430.3%. The company's shares have rallied roughly 108.7% in the past year.
The Zacks Consensus Estimate for Hawkins’ current fiscal-year earnings is pegged at $4.14, indicating a rise of 15.3% from year-ago levels. The Zacks Consensus Estimate for HWKN’s current fiscal-year earnings has increased 12.8% in the past 60 days. HWKN, a Zacks Rank #2 stock, has rallied around 108.3% in the past year.
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
Carpenter Technology Corporation (CRS) : Free Stock Analysis Report
Eldorado Gold Corporation (EGO) : Free Stock Analysis Report
Hawkins, Inc. (HWKN) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.