Dow Inc (DOW): A Case For Going Higher

After Hours

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. After-hours trades for Dow Inc (DOW) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.04, or 0.08%, to $51.09. The Dow Inc has recorded 180,383 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that Advancing Sustainable Solutions at Dow.

Stocks Info

This NYSE-listed company operates within the Chemicals industry segment, falling under the Basic Materials sector. At the end of the last regular session, the stock closed at $51.05 and fluctuated between $51.49 as its day high and $49.93 as its day low. The current market capitalization of Dow Inc is $35.81B. A total of 4.79 million shares were traded on the day, compared to an average of 3.99M shares.

Insider trades can also provide insight into a stock’s future direction. During the recent three months, DOW has seen 0 BUY and 1 SELL insider trades, representing the acquisition of 0 and the disposition of 14,192 shares. Over the last 12 months, there were 36 BUYs and 32 SELLs from insiders. Insiders purchased 412,400 shares during that period but sold 311,794.

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.

Dividend

The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Dow Inc pays an annual dividend of $2.82, resulting in a dividend yield of 5.52%, and it has a price to earnings (P/E) ratio of 28.00. DOW’s most recent ex-dividend date was 11/29/2023 when it declared a $0.70 quarterly dividend that was paid in cash on 12/8/2023. Previously, the company paid the dividend on 9/8/2023 with an ex-dividend date of 8/30/2023. The DOW stock dividend was $0.70 per share in cash.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for DOW in the last 3 months, the mean price target is $55.05 with high estimates of $62.00 and low estimates of $49.00. In terms of 52-week highs and lows, DOW has a high of $60.88 and a low of $47.26.

As of this writing, DOW has an earnings estimate of $0.39 per share for the current quarter. EPS was calculated based on a consensus of 17 estimates, with a high estimate of $0.48 per share and a lower estimate of $0.33. The company reported an EPS of $0.75 in the last quarter, which was 7.10% higher than expectations of $0.7.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its 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 $27.90, 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 3.50.