The latest buying and selling session ended with Dow Inc. (DOW) standing at $39.41, reflecting a -0.86% shift from the previouse buying and selling day’s closing. This alteration was narrower than the S&P 500’s every day lack of 1.11%. In the meantime, the Dow skilled a drop of 0.42%, and the technology-dominated Nasdaq noticed a lower of 1.89%.
The supplies science’s shares have seen a lower of 6.97% during the last month, surpassing the Primary Supplies sector’s lack of 10.34% and falling behind the S&P 500’s lack of 1.7%.
Market members can be carefully following the monetary outcomes of Dow Inc. in its upcoming launch. The corporate plans to announce its earnings on January 30, 2025. The corporate’s earnings per share (EPS) are projected to be $0.33, reflecting a 23.26% lower from the identical quarter final 12 months. Alongside, our most up-to-date consensus estimate is anticipating income of $10.5 billion, indicating a 1.12% downward motion from the identical quarter final 12 months.
Buyers also needs to pay attention to any latest changes to analyst estimates for Dow Inc. These latest revisions are inclined to replicate the evolving nature of short-term enterprise tendencies. In consequence, we will interpret optimistic estimate revisions as an excellent signal for the corporate’s enterprise outlook.
Analysis signifies that these estimate revisions are straight correlated with near-term share value momentum. To profit from this, we’ve developed the Zacks Rank, a proprietary mannequin which takes these estimate adjustments under consideration and offers an actionable ranking system.
Starting from #1 (Sturdy Purchase) to #5 (Sturdy Promote), the Zacks Rank system has a confirmed, outside-audited observe report of outperformance, with #1 shares returning a mean of +25% yearly since 1988. The Zacks Consensus EPS estimate has moved 5.41% decrease inside the previous month. Dow Inc. is at present a Zacks Rank #4 (Promote).
With respect to valuation, Dow Inc. is at present being traded at a Ahead P/E ratio of 13.65. This means a premium in distinction to its trade’s Ahead P/E of 13.39.
We are able to additionally see that DOW at present has a PEG ratio of 0.88. This widespread metric is just like the widely-known P/E ratio, with the distinction being that the PEG ratio additionally takes under consideration the corporate’s anticipated earnings development fee. The Chemical – Diversified trade had a mean PEG ratio of 0.92 as buying and selling concluded yesterday.
The Chemical – Diversified trade is a part of the Primary Supplies sector. This trade, at present bearing a Zacks Business Rank of 215, finds itself within the backside 15% echelons of all 250+ industries.
The energy of our particular person trade teams is measured by the Zacks Business Rank, which is calculated primarily based on the typical Zacks Rank of the person shares inside these teams. Our analysis exhibits that the highest 50% rated industries outperform the underside half by an element of two to 1.
You should definitely use Zacks.com to watch all these stock-influencing metrics, and extra, all through the forthcoming buying and selling classes.
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Dow Inc. (DOW) : Free Stock Analysis Report
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The views and opinions expressed herein are the views and opinions of the creator and don’t essentially replicate these of Nasdaq, Inc.
