Dow Inc (NYSE: DOW) has a price-to-earnings ratio of 33.92x that is above its average ratio. Additionally, the 36-month beta value for DOW is 1.25. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for DOW is 701.47M and currently, short sellers hold a 2.00% ratio of that float. The average trading volume of DOW on May 06, 2024 was 4.95M shares.
DOW) stock’s latest price update
Dow Inc (NYSE: DOW)’s stock price has decreased by -0.30 compared to its previous closing price of 57.04. However, the company has seen a -1.61% decrease in its stock price over the last five trading sessions. Seeking Alpha reported 2024-05-05 that “The Dow® [adds a stock] if the company has an excellent reputation, demonstrates sustained growth, and is of interest to a large number of investors. Sector representation.is also a consideration.”–DowJones&Co. The highest-yield 10 stocks are May’s Dogs of the Dow: HD, KO, AMGN, JNJ, CSCO, IBM, CVX, DOW, MMM, and VZ. They now average a 4.17% annual yield, as prices. Thirty Dow stocks represent nine of eleven sectors. DowJones tracks utilities as a separate index and omits real estate. Broker top-ten target-estimated May net-gains ranged 17.6%-38%, topped by INTC 5/1/24.
DOW’s Market Performance
Dow Inc (DOW) has experienced a -1.61% fall in stock performance for the past week, with a -4.72% drop in the past month, and a 6.98% rise in the past quarter. The volatility ratio for the week is 1.87%, and the volatility levels for the past 30 days are at 1.86% for DOW. The simple moving average for the past 20 days is -0.99% for DOW’s stock, with a 5.52% simple moving average for the past 200 days.
Analysts’ Opinion of DOW
Many brokerage firms have already submitted their reports for DOW stocks, with JP Morgan repeating the rating for DOW by listing it as a “Overweight.” The predicted price for DOW in the upcoming period, according to JP Morgan is $61 based on the research report published on April 26, 2024 of the current year 2024.
BofA Securities gave a rating of “Buy” to DOW, setting the target price at $60 in the report published on January 16th of the current year.
DOW Trading at -0.96% from the 50-Day Moving Average
After a stumble in the market that brought DOW to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -6.29% of loss for the given period.
Volatility was left at 1.86%, however, over the last 30 days, the volatility rate increased by 1.87%, as shares sank -4.22% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.10% upper at present.
During the last 5 trading sessions, DOW fell by -1.37%, which changed the moving average for the period of 200-days by +7.46% in comparison to the 20-day moving average, which settled at $57.31. In addition, Dow Inc saw 3.70% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at DOW starting from DAVIS RICHARD K, who purchase 5,000 shares at the price of $51.09 back on Nov 16 ’23. After this action, DAVIS RICHARD K now owns 33,665 shares of Dow Inc, valued at $255,437 using the latest closing price.
Stock Fundamentals for DOW
Current profitability levels for the company are sitting at:
- 0.08 for the present operating margin
- 0.12 for the gross margin
The net margin for Dow Inc stands at 0.03. The total capital return value is set at 0.07. Equity return is now at value 6.15, with 2.01 for asset returns.
Based on Dow Inc (DOW), the company’s capital structure generated 0.47 points at debt to capital in total, while cash flow to debt ratio is standing at 0.31. The debt to equity ratio resting at 0.9. The interest coverage ratio of the stock is 4.32.
Currently, EBITDA for the company is 4.79 billion with net debt to EBITDA at 2.92. When we switch over and look at the enterprise to sales, we see a ratio of 1.24. The receivables turnover for the company is 6.15for trailing twelve months and the total asset turnover is 0.74. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.80.
Conclusion
In conclusion, Dow Inc (DOW) has seen mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
