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Saturday, June 3, 2023

Analysts Point To Dow Inc. (NYSE: DOW) Growth In The Future

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for Dow Inc. (DOW) shows that investor sentiment remained same, with the stock’s consolidated last price remained same to $53.45. The Dow Inc. has recorded 82,686 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that Investing in Sustainable Beauty.

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Stocks Info

As a NYSE listed company, DOW falls under the Basic Materials sector while operating within the Chemicals industry segment. At the end of the last regular session, the stock closed at $53.45 and fluctuated between $54.58 as its day high and $52.85 as its day low. The current market capitalization of Dow Inc. is $37.08B. A total of 3.89 million shares were traded on the day, compared to an average of 4.75M shares.

Insider Activity

Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, DOW has seen 17 BUY and 20 SELL insider trades, representing the acquisition of 117,242 and the disposition of 165,015 shares. Over the last 12 months, there were 41 BUYs and 32 SELLs from insiders. Insiders purchased 653,290 shares during that period but sold 311,814.

In the most recent transaction, Dial Debra L. bought 400 shares of DOW for 54.17 per share on Apr 28. After the transaction, the Director now owns 2,025 company shares. In a previous transaction on Oct 26, Dial Debra L. bought 450 shares at 48.09 per share. DOW shares that Director owns now total 1,625.

Among the insiders who bought shares, Dial Debra L. acquired of 400 shares on Aug 01 at a per-share price of $52.41. This resulted in the Director holding 1,175 shares of DOW after the transaction.

Dividend

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Dow Inc. pays an annual dividend of $2.80, resulting in a dividend yield of 5.24%, and it has a price to earnings (P/E) ratio of 13.36. DOW’s most recent ex-dividend date was 5/30/2023 when it declared a $0.70 quarterly dividend that was paid in cash on 6/9/2023. Previously, the company paid the dividend on 3/10/2023 with an ex-dividend date of 2/27/2023. The DOW stock dividend was $0.70 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for DOW in the last 3 months, the mean price target is $57.66 with high estimates of $70.00 and low estimates of $47.00. In terms of 52-week highs and lows, DOW has a high of $70.38 and a low of $42.91.

As of this writing, DOW has an earnings estimate of $0.72 per share for the current quarter. EPS was calculated based on a consensus of 18 estimates, with a high estimate of $0.79 per share and a lower estimate of $0.62. The company reported an EPS of $0.46 in the last quarter, which was -20.70% lower than expectations of $0.58.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. DOW’s latest balance sheet shows that the firm has $2.99B in Cash & Short Term Investments as of fiscal 2021. There were $16.14B in debt and $13.23B in liabilities at the time. Its Book Value Per Share was $28.50, while its Total Shareholder’s Equity was $18.74B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 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 Buy with a score of 3.22.

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