Look For Institutional Buying In Dow Inc (NYSE: DOW)

Dow Inc (DOW) concluded trading on Wednesday at a closing price of $38.92, with 6.22 million shares of worth about $241.92 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -27.81% during that period and on February 19, 2025 the price saw a loss of about -2.01%. Currently the company’s common shares owned by public are about 703.61M shares, out of which, 701.89M shares are available for trading.

Stock saw a price change of 0.75% in past 5 days and over the past one month there was a price change of -5.17%. Year-to-date (YTD), DOW shares are showing a performance of -3.02% which decreased to -29.45% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $36.66 but also hit the highest price of $60.69 during that period. The average intraday trading volume for Dow Inc shares is 7.63 million. The stock is currently trading -1.22% below its 20-day simple moving average (SMA20), while that difference is down -2.68% for SMA50 and it goes to -21.36% lower than SMA200.

Dow Inc (NYSE: DOW) currently have 703.61M outstanding shares and institutions hold larger chunk of about 67.62% of that.

The stock has a current market capitalization of $27.39B and its 3Y-monthly beta is at 1.16. PE ratio of stock for trailing 12 months is 24.86, while it has posted earnings per share of $1.57 in the same period. Its PEG reads 1.08 and has Quick Ratio of 0.98 while making debt-to-equity ratio of 1.02. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for DOW, volatility over the week remained 2.05% while standing at 2.21% over the month.

Stock’s fiscal year EPS is expected to rise by 13.21% while it is estimated to increase by 33.81% in next year.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Piper Sandler on January 07, 2025 offering a Neutral rating for the stock and assigned a target price range of between $60 and $53 to it. Coverage by Evercore ISI stated Dow Inc (DOW) stock as an Outperform in their note to investors on December 18, 2024, suggesting a price target of $56 for the stock. Stock get a Buy rating from BofA Securities on January 16, 2024.

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