DowDuPont closed the most recent trading day at $52.16, moving -0.25% from the previous trading session. This move was narrower than the S&P 500's daily loss of 1.54%. Meanwhile, the Dow lost 1.49%, and the Nasdaq, a tech-heavy index, lost 2.17%.
Coming into today, shares of the specialty chemicals maker had lost 7.24% in the past month. In that same time, the Basic Materials sector lost 8.1%, while the S&P 500 lost 6.77%.
Wall Street will be looking for positivity from DWDP as it approaches its next earnings report date. This is expected to be February 7, 2019. The company is expected to report EPS of $0.89, up 7.23% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $21.11 billion, up 5.18% from the prior-year quarter.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $4.14 per share and revenue of $86.71 billion. These totals would mark changes of +21.76% and +38.78%, respectively, from last year.
Any recent changes to analyst estimates for DWDP should also be noted by investors. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. DWDP is currently a Zacks Rank #3 (Hold).
In terms of valuation, DWDP is currently trading at a Forward P/E ratio of 12.62. This valuation marks a premium compared to its industry's average Forward P/E of 11.04.
Meanwhile, DWDP's PEG ratio is currently 1.26. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Chemical - Diversified was holding an average PEG ratio of 0.94 at yesterday's closing price.
The Chemical - Diversified industry is part of the Basic Materials sector. This group has a Zacks Industry Rank of 221, putting it in the bottom 14% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks. Com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
Image: Bigstock
DowDuPont (DWDP) Stock Moves -0.25%: What You Should Know
DowDuPont closed the most recent trading day at $52.16, moving -0.25% from the previous trading session. This move was narrower than the S&P 500's daily loss of 1.54%. Meanwhile, the Dow lost 1.49%, and the Nasdaq, a tech-heavy index, lost 2.17%.
Coming into today, shares of the specialty chemicals maker had lost 7.24% in the past month. In that same time, the Basic Materials sector lost 8.1%, while the S&P 500 lost 6.77%.
Wall Street will be looking for positivity from DWDP as it approaches its next earnings report date. This is expected to be February 7, 2019. The company is expected to report EPS of $0.89, up 7.23% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $21.11 billion, up 5.18% from the prior-year quarter.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $4.14 per share and revenue of $86.71 billion. These totals would mark changes of +21.76% and +38.78%, respectively, from last year.
Any recent changes to analyst estimates for DWDP should also be noted by investors. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. DWDP is currently a Zacks Rank #3 (Hold).
In terms of valuation, DWDP is currently trading at a Forward P/E ratio of 12.62. This valuation marks a premium compared to its industry's average Forward P/E of 11.04.
Meanwhile, DWDP's PEG ratio is currently 1.26. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Chemical - Diversified was holding an average PEG ratio of 0.94 at yesterday's closing price.
The Chemical - Diversified industry is part of the Basic Materials sector. This group has a Zacks Industry Rank of 221, putting it in the bottom 14% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks. Com to follow all of these stock-moving metrics, and more, in the coming trading sessions.