Dow Inc (NYSE:DOW) shares traded -1.84% lower at $51.14 on Wall Street last session.
In accordance with the data, 23 analysts cover Dow Inc (NYSE:DOW). The consensus rating among analysts is ‘Hold’. As we calculate the median target price by taking the range between a high of $62.00 and a low of $49.00, we find $54.50. Given the previous closing price of $52.10, this indicates a potential upside of 4.61 percent. DOW stock price is now 1.81% away from the 50-day moving average and -3.23% away from the 200-day moving average. The market capitalization of the company currently stands at $35.87B.
It has been rated a hold by 18 analysts and a buy by 4. Brokers who have rated the stock have averaged $55.05 as their price target over the next twelve months.
In other news, DAVIS RICHARD K, Director bought 5,000 shares of the company’s stock on Nov 16. The stock was bought for $255,437 at an average price of $51.09. Upon completion of the transaction, the Director now directly owns 33,665 shares in the company, valued at $1.72 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 28, Director Dial Debra L. bought 400 shares of the business’s stock. A total of $21,668 was incurred on buying the stock at an average price of $54.17. This leaves the insider owning 2,025 shares of the company worth $0.1 million. Insiders disposed of 311,902 shares of company stock worth roughly $15.95 million over the past 1 year. A total of 0.23% of the company’s stock is owned by insiders.
Dow Inc (NYSE: DOW) opened at $51.74 on Tuesday. During the past 12 months, Dow Inc has had a low of $47.26 and a high of $60.88. As of last week, the company has a debt-to-equity ratio of 0.83, a current ratio of 1.79, and a quick ratio of 1.18. The fifty day moving average price for DOW is $50.23 and a two-hundred day moving average price translates $52.85 for the stock.
The latest earnings results from Dow Inc (NYSE: DOW) was released for Sep, 2023. The net profit margin was 2.83% and return on equity was 6.88% for DOW. The company reported revenue of $10.73 billion for the quarter, compared to $14.12 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -23.98 percent.
Dow Inc(DOW) Company Profile
Dow Inc., through its subsidiaries, engages in the provision of various materials science solutions for packaging, infrastructure, mobility, and consumer applications in the United States, Canada, Europe, the Middle East, Africa, India, the Asia Pacific, and Latin America. It operates through Packaging & Specialty Plastics, Industrial Intermediates & Infrastructure, and Performance Materials & Coatings segments. The Packaging & Specialty Plastics segment provides ethylene, and propylene and aromatics products; and polyethylene, polyolefin elastomers, ethylene vinyl acetate, and ethylene propylene diene monomer rubbers for mobility and transportation, consumer, wire and cable, and construction end-markets. The Industrial Intermediates & Infrastructure segment offers purified ethylene and propylene oxides, ethylene and ethanol amines, propylene glycol and polyether polyols, aromatic isocyanates and polyurethane systems, coatings, adhesives, sealants, elastomers, and composites. This segment also provides caustic soda, and ethylene dichloride and vinyl chloride monomers; and cellulose ethers, redispersible latex powders, and acrylic emulsions. The Performance Materials and Coatings segment provides architectural paints and coatings, and industrial coatings that are used in maintenance and protective industries, wood, metal packaging, traffic markings, thermal paper, and leather; and silicon metal, siloxanes, and intermediates used as key materials in manufacturing differentiated downstream silicone products. It also engages in property and casualty insurance, as well as reinsurance business. Dow Inc. was incorporated in 2018 and is headquartered in Midland, Michigan.
