In the latest trading session, DowDuPont (DWDP - Free Report) closed at $54.68, marking a +0.29% move from the previous day. The stock outpaced the S&P 500's daily loss of 0.21%. Meanwhile, the Dow lost 0.09%, and the Nasdaq, a tech-heavy index, lost 0.18%.
Heading into today, shares of the specialty chemicals maker had gained 4.48% over the past month, outpacing the Basic Materials sector's gain of 2.82% and the S&P 500's gain of 1.81% in that time.
Wall Street will be looking for positivity from DWDP as it approaches its next earnings report date. In that report, analysts expect DWDP to post earnings of $0.93 per share. This would mark a year-over-year decline of 16.96%. Meanwhile, our latest consensus estimate is calling for revenue of $20.06 billion, down 6.75% from the prior-year quarter.
DWDP's full-year Zacks Consensus Estimates are calling for earnings of $4.11 per share and revenue of $84.53 billion. These results would represent year-over-year changes of -0.05% and -1.69%, respectively.
Any recent changes to analyst estimates for DWDP should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
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 has moved 1.96% lower. DWDP is currently sporting a Zacks Rank of #4 (Sell).
Digging into valuation, DWDP currently has a Forward P/E ratio of 13.27. For comparison, its industry has an average Forward P/E of 13.27, which means DWDP is trading at a no noticeable deviation to the group.
We can also see that DWDP currently has a PEG ratio of 1.33. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Chemical - Diversified industry currently had an average PEG ratio of 1.01 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 209, which puts it in the bottom 19% of all 250+ industries.
The Zacks Industry Rank includes is listed in order 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.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.