Dow Inc (DOW): Street Finally Waking Up

Currently, there are 700.09M common shares owned by the public and among those 698.40M shares have been available to trade.

The company’s stock has a 5-day price change of 0.69% and -26.02% over the past three months. DOW shares are trading -1.15% year to date (YTD), with the 12-month market performance down to -25.68% lower. It has a 12-month low price of $38.33 and touched a high of $60.69 over the same period. DOW has an average intraday trading volume of 7.25 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -0.46%, -7.84%, and -23.38% respectively.

Institutional ownership of Dow Inc (NYSE: DOW) shares accounts for 69.92% of the company’s 700.09M shares outstanding.

It has a market capitalization of $27.77B and a beta (3y monthly) value of 1.17. The stock’s trailing 12-month PE ratio is 26.59, while the earnings-per-share (ttm) stands at $1.49. The company has a PEG of 1.63 and a Quick Ratio of 1.04 with the debt-to-equity ratio at 0.98. Price movements for the stock have been influenced by the stock’s volatility, which stands at 1.90% over the week and 2.09% over the month.

Earnings per share for the fiscal year are expected to decrease by -10.99%, and 34.98% over the next financial year. EPS should grow at an annualized rate of 16.29% over the next five years, compared to -33.38% over the past 5-year period.

Looking at the support for the DOW, a number of firms have released research notes about the stock. Piper Sandler stated their Neutral rating for the stock in a research note on January 07, 2025, with the firm’s price target at $60-$53. Evercore ISI coverage for the Dow Inc (DOW) stock in a research note released on December 18, 2024 offered a Outperform rating with a price target of $56. BofA Securities on their part issued Buy rating on January 16, 2024.

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