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Wednesday, February 1, 2023

Value Investing Philosophy And Dow Inc. (NYSE: DOW)?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. After-hours trades for Dow Inc. (DOW) shows that investor sentiment remained same, with the stock’s consolidated last price remained same to $55.28. The Dow Inc. has recorded 532,012 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that Greater Boise Continuing Program To Give Hard-To-Recycle Plastic Waste a Second Life.

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Stocks Info

DOW belongs to the Basic Materials sector of the NYSE while operating in the Chemicals industry. At the end of the last regular session, the stock closed at $55.28 and fluctuated between $56.19 as its day high and $54.82 as its day low. The current market capitalization of Dow Inc. is $37.41B. A total of 6.48 million shares were traded on the day, compared to an average of 5.27M shares.

Insider Activity

Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, DOW has seen 4 BUY and 6 SELL insider trades, representing the acquisition of 224,190 and the disposition of 2,657 shares. Over the last 12 months, there were 48 BUYs and 38 SELLs from insiders. Insiders purchased 717,397 shares during that period but sold 357,401.

In the most recent transaction, Dial Debra L. bought 450 shares of DOW for 48.09 per share on Oct 26. After the transaction, the Director now owns 1,625 company shares. In a previous transaction on Aug 01, Dial Debra L. bought 400 shares at 52.41 per share. DOW shares that Director owns now total 1,175.

Among the insiders who sold shares, Ungerleider Howard I disposed of 104,101 shares on May 04 at a per-share price of $68.70. This resulted in the President and CFO holding 114,206 shares of DOW after the transaction. In another insider transaction, Dial Debra L. bought 400 shares at $67.69 per share on Apr 26. Company shares held by the Director now total 775.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Dow Inc. pays an annual dividend of $2.80, resulting in a dividend yield of 5.07%, and it has a price to earnings (P/E) ratio of 7.17. DOW’s most recent ex-dividend date was 11/29/2022 when it declared a $0.70 quarterly dividend that was paid in cash on 12/9/2022. Previously, the company paid the dividend on 9/9/2022 with an ex-dividend date of 8/30/2022. The DOW stock dividend was $0.70 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for DOW in the last 3 months, the mean price target is $50.68 with high estimates of $69.00 and low estimates of $39.00. In terms of 52-week highs and lows, DOW has a high of $71.86 and a low of $42.91.

As of this writing, DOW has an earnings estimate of $0.57 per share for the current quarter. EPS was calculated based on a consensus of 19 estimates, with a high estimate of $0.72 per share and a lower estimate of $0.45. The company reported an EPS of $2.31 in the last quarter, which was 7.90% higher than expectations of $2.14.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 26 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for DOW is Sell with a score of 2.94. A total of 3 analysts rated the stock as Buy while 1 rated it as Overweight while 19 rated it as Hold. Among the other participants, 1 thought the stock was Underweight and 2 thought it should be Sold.

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