During the last session, Dow Inc (NYSE:DOW)’s traded shares were 7.67 million, with the beta value of the company hitting 0.89. At the end of the trading day, the stock’s price was $28.34, reflecting an intraday loss of -2.01% or -$0.58. The 52-week high for the DOW share is $58.37, that puts it down -105.96 from that peak though still a striking 11.57% gain since the share price plummeted to a 52-week low of $25.06. The company’s market capitalization is $20.03B, and the average trade volume was 9.22 million shares over the past three months.
Dow Inc (DOW) received a consensus recommendation of Hold from analysts. That translates to a mean rating of 2.69. DOW has a Sell rating from 1 analyst(s) out of 13 analysts who have looked at this stock. 7 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 5 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.0.
Dow Inc (NYSE:DOW) trade information
Dow Inc (DOW) registered a -2.01% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -2.01% in intraday trading to $28.34, hitting a weekly high. The stock’s 5-day price performance is -4.87%, and it has moved by -5.38% in 30 days. Based on these gigs, the overall price performance for the year is -50.21%.
The consensus price target of analysts on Wall Street is $36, which implies an increase of 21.28% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $30 and $56 respectively. As a result, DOW is trading at a discount of -97.6% off the target high and -5.86% off the low.
Dow Inc (DOW) estimates and forecasts
In the rating firms’ projections, revenue will decrease -2.87% compared to the previous financial year. As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 10.38B as predicted by 13 analyst(s). Meanwhile, a consensus of 13 analyst(s) estimates revenue growth to 10.58B by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 10.91B and 10.88B respectively. In this case, analysts expect current quarter sales to shrink by -4.90% and then drop by -2.77% in the coming quarter. While earnings are projected to return -70.14% in 2025, the next five years will return 5.15% per annum.
DOW Dividends
Dow Inc is due to release its next quarterly earnings in June. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Dow Inc is 2.80, with the dividend yield indicating at 9.88 percent, continuing the trend of increasing dividends in recent years.
Dow Inc (NYSE:DOW)’s Major holders
The next largest institutional holding, with 51.06 million shares, is of BLACKROCK INC.’s that is approximately 7.2547% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $2.71 billion.
Also, the Mutual Funds coming in first place with the largest holdings of Dow Inc (DOW) shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard 500 Index Fund. Data provided on Dec 31, 2024 indicates that VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund owns about 22.01 shares. This amounts to just over 3.11 percent of the company’s overall shares, with a $623.83 million market value. The same data shows that the other fund manager holds slightly less at 18.95, or about 2.68% of the stock, which is worth about $537.05 million.
