Dow Inc. (NYSE:DOW) traded at $59.18 at close of the session on Tuesday, 01/11/22, made an upward move of 1.34% on its previous day’s price.
Looking at the stock we see that its previous close was $58.40 and the beta (5Y monthly) reads 1.62 with the day’s price range being $58.41 – $59.47. The company has a trailing 12-month PE ratio of 7.68. In terms of its 52-week price range, DOW has a high of $71.38 and a low of $51.33. The company’s stock has gained about 8.23% over that past 30 days.
3 Tiny Stocks Primed to Explode The world’s greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We’ve set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Dow Inc. has a market cap of $43.13 billion and is expected to release its quarterly earnings report on Jan 27, 2022. With its Forward Dividend at 2.80 and a yield of 4.73%, the company’s investors could be anxious for the DOW stock to gain ahead of the earnings release. Estimates by analysts give the company expected earnings per share (EPS) of $2.1, with the EPS growth for the year raised at $8.91 for 2021 and $6.38 for next year. These figures represent 436.70% and -28.40% growth in EPS for the two years respectively.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $14.35 billion, with a low of $13.49 billion and a high of $14.69 billion. The median projection represents growth squeezing down to 34.00% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2021 is expected to hit $54.79 billion, or 42.20% up from figures reported last year.
There have been no upward and no downward revisions for the stock’s EPS in last 7 days, something that reflects the nature of company’s price movement in short term. On the other hand, looking at the outlook for the DOW stock, short term indicators assign the stock an average of 50% Sell, while medium term indicators assign it an average of 50% Sell. Long term indicators on average place the stock in the category of 50% Sell.
Based on estimates by 25 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 14 have rated the Dow Inc. (DOW) stock as a Hold, while 8 rate it as a Buy. 1 analyst(s) rate it as overweight while 1 of them rated it as underweight, whereas 1 suggest the stock as a Sell. The stock has an overall rating of Overweight and investors could take advantage and scoop up stock of the company.
Looking further, we note that the PEG ratio for the DOW stock currently stands at 0.14, and the current price level is 5.73% off its SMA20 and 4.49% from its 50-day simple moving average. The RSI (14) is pointing at 65.31 while the volatility over the past week is 2.19% and jumps to 2.05% over the past one month. The average price target for the stock over the next 12 months is $65.43, with the estimates having a low of $55.00 and a high of $85.00. These price ends are 7.06% and -43.63% off the current price level respectively, although investors could be excited at the prospect of a -6.45% if the DOW share price touches on the median price of $63.00.
Let’s briefly compare Dow Inc. (DOW) stock to its peers. We find that current price change of 1.34% and -3.05% over the past 12 months for DOW competes that of Linde plc (LIN), which has seen its stock price rise 0.30% in the last trading session and was 26.18% over the last one year. Another of its peers Air Products and Chemicals Inc. (APD) has gained 0.83% previous session, and was 5.12% up over the past year. Dow Inc. has a P/E ratio of 7.68 compared to Linde plc’s 49.51 and Air Products and Chemicals Inc.’s 32.64. In contrast to these companies, both the S&P 500 Index and the Dow Jones Industrial were at 0.92% and 0.51%, respectively, at close of the trading.
Coming back to Dow Inc. (NYSE:DOW), we note that the average 3-month trading volume was 5.63 million. Current shares outstanding are 744.50 million.
The insiders hold 0.14% of the company’s shares while institutions hold 67.80%. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock 4.34% up in year-to-date price movement.