We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Dow Inc. (DOW) Declines More Than Market: Some Information for Investors
Read MoreHide Full Article
Dow Inc. (DOW - Free Report) closed the most recent trading day at $32.50, moving -1.4% from the previous trading session. The stock trailed the S&P 500, which registered a daily loss of 1.22%. At the same time, the Dow lost 0.98%, and the tech-heavy Nasdaq lost 1.35%.
The materials science's stock has dropped by 12.67% in the past month, falling short of the Basic Materials sector's gain of 3.65% and the S&P 500's gain of 1.56%.
The investment community will be closely monitoring the performance of Dow Inc. in its forthcoming earnings report. On that day, Dow Inc. is projected to report earnings of $0.88 per share, which would represent year-over-year growth of 309.52%. Meanwhile, the latest consensus estimate predicts the revenue to be $12.16 billion, indicating a 20.36% increase compared to the same quarter of the previous year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $2.61 per share and revenue of $43.64 billion, indicating changes of +377.66% and +9.19%, respectively, compared to the previous year.
Investors should also pay attention to any latest changes in analyst estimates for Dow Inc. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 10.29% upward. Dow Inc. is currently sporting a Zacks Rank of #1 (Strong Buy).
Looking at valuation, Dow Inc. is presently trading at a Forward P/E ratio of 12.61. This indicates a discount in contrast to its industry's Forward P/E of 16.29.
We can additionally observe that DOW currently boasts a PEG ratio of 0.23. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. DOW's industry had an average PEG ratio of 1.28 as of yesterday's close.
The Chemical - Diversified industry is part of the Basic Materials sector. This industry currently has a Zacks Industry Rank of 86, which puts it in the top 36% of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
View the Zacks #1 Rank List
Image: Bigstock
Dow Inc. (DOW) Declines More Than Market: Some Information for Investors
Dow Inc. (DOW - Free Report) closed the most recent trading day at $32.50, moving -1.4% from the previous trading session. The stock trailed the S&P 500, which registered a daily loss of 1.22%. At the same time, the Dow lost 0.98%, and the tech-heavy Nasdaq lost 1.35%.
The materials science's stock has dropped by 12.67% in the past month, falling short of the Basic Materials sector's gain of 3.65% and the S&P 500's gain of 1.56%.
The investment community will be closely monitoring the performance of Dow Inc. in its forthcoming earnings report. On that day, Dow Inc. is projected to report earnings of $0.88 per share, which would represent year-over-year growth of 309.52%. Meanwhile, the latest consensus estimate predicts the revenue to be $12.16 billion, indicating a 20.36% increase compared to the same quarter of the previous year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $2.61 per share and revenue of $43.64 billion, indicating changes of +377.66% and +9.19%, respectively, compared to the previous year.
Investors should also pay attention to any latest changes in analyst estimates for Dow Inc. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 10.29% upward. Dow Inc. is currently sporting a Zacks Rank of #1 (Strong Buy).
Looking at valuation, Dow Inc. is presently trading at a Forward P/E ratio of 12.61. This indicates a discount in contrast to its industry's Forward P/E of 16.29.
We can additionally observe that DOW currently boasts a PEG ratio of 0.23. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. DOW's industry had an average PEG ratio of 1.28 as of yesterday's close.
The Chemical - Diversified industry is part of the Basic Materials sector. This industry currently has a Zacks Industry Rank of 86, which puts it in the top 36% of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.