DuPont DD is set to showcase the newly released DuPont Tyvek Protec roofing underlayments, the DuPont Flashing Systems in smaller rolls and the DuPont Tyvek Material Calculator App for smartphones. These products will be displayed between Jan 10−12 at the 2017 NAHB International Builders' Show in Orlandao, FL. The company will also give presentations and live demos on the DuPont Tyvek Building Envelope Solutions.
DuPont’s Protection Solution segments’ latest product is the Tyvek Protec. This new product can be used as a secondary water barrier on steep-sloped roofs by professional construction contractors on new as well as re-roofing projects. The product is easy to set up and can be installed under any weather condition.
The Flashing Systems in smaller rolls and the Tyvek Material Calculator App are the other integrated weatherization products designed to help builders and contractors. While the shorter length Flashing Systems are particularly convenient for DIY (Do It Yourself) projects, the Material Calculator makes it easier to determine the number of rolls required of the weather barriers and flashing products, using a smartphone. Moreover, the Building Envelope Solutions will be demonstrated throughout the event for the residential segment.
DuPont’s shares have gained 14.2% in the last six months, outperforming the Zacks categorized ‘Chemicals-Diversified’ industry’s gain of about 11.5% over the same period on the back of its cost-cutting strategies and impending mega-merger with The Dow Chemical Company DOW. The company remains on track to deliver net cost reductions of $730 million in 2016.
DuPont, in Oct 2016, raised its adjusted earnings guidance for 2016. The company now sees adjusted earnings for 2016 to rise 17% year over year to $3.25 per share, an increase from its earlier view of $3.15–$3.20 per share. The company now expects full-year earnings (on a reported basis) to be roughly $2.71 per share.
Zacks Rank & Key Pick
DuPont currently carries a Zacks Rank #3 (Hold).
Better-ranked companies in the chemical space include The Chemours Co. CC and Methanex Corp. MEOH, both sporting a Zacks Rank #1 (Strong Buy).You can see the complete list of today’s Zacks #1 Rank stocks here.
Chemours has an expected long-term growth rate of 15.50%.
Methanex has an expected long-term growth rate of 15%.
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