Dow Inc. [NYSE: DOW] gained 4.39% on the last trading session, reaching $45.90 price per share at the time. Dow Inc. represents 745.51 million in outstanding shares, while the company has a total market value of $34.22 billion with the latest information. DOW stock price has been found in the range of $44.08 to $45.93.
If compared to the average trading volume of 8.33M shares, DOW reached a trading volume of 5720335 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Dow Inc. [DOW]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for DOW shares is $38.57 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on DOW stock is a recommendation set at 2.70. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
HSBC Securities have made an estimate for Dow Inc. shares, keeping their opinion on the stock as Hold, with their previous recommendation back on May 14, 2020. While these analysts kept the previous recommendation, UBS dropped their target price from $37 to $32. The new note on the price target was released on May 06, 2020, representing the official price target for Dow Inc. stock. Previously, the target price had yet another raise to $37, while BofA/Merrill analysts kept a Underperform rating on DOW stock. On May 01, 2020, analysts decreased their price target for DOW shares from 39 to 34.
The Average True Range (ATR) for Dow Inc. is set at 1.83, with the Price to Sales ratio for DOW stock in the period of the last 12 months amounting to 0.82. The Price to Book ratio for the last quarter was 2.53, with the Price to Cash per share for the same quarter was set at 3.27. Price to Free Cash Flow for DOW in the course of the last twelve months was 5.20 with Quick ratio for the last quarter at 1.00.
Trading performance analysis for DOW stock
Dow Inc. [DOW] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 18.88. With this latest performance, DOW shares gained by 39.73% in over the last four-week period, additionally sinking by -11.73% over the last 6 months – not to mention a drop of -10.53% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for DOW stock in for the last two-week period is set at 75.88, with the RSI for the last a single of trading hit 84.47, and the three-weeks RSI is set at 69.56 for Dow Inc. [DOW]. The present Moving Average for the last 50 days of trading for this stock 34.65, while it was recorded at 42.96 for the last single week of trading, and 44.04 for the last 200 days.
Dow Inc. [DOW]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Dow Inc. [DOW] shares currently have an operating margin of +8.38 and a Gross Margin at +13.87. Dow Inc.’s Net Margin is presently recorded at -4.18.
Return on Total Capital for DOW is now 8.88, given the latest momentum, and Return on Invested Capital for the company is -4.65. Return on Equity for this stock declined to -8.90, with Return on Assets sitting at -2.61. When it comes to the capital structure of this company, Dow Inc. [DOW] has a Total Debt to Total Equity ratio set at 141.47. Additionally, DOW Total Debt to Total Capital is recorded at 58.59, with Total Debt to Total Assets ending up at 31.65. Long-Term Debt to Equity for the company is recorded at 130.82, with the Long-Term Debt to Total Capital now at 54.18.
Reflecting on the efficiency of the workforce at the company, Dow Inc. [DOW] managed to generate an average of -$49,233 per employee. Receivables Turnover for the company is 4.30 with a Total Asset Turnover recorded at a value of 0.62.Dow Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.00 and a Current Ratio set at 1.60.
Dow Inc. [DOW]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, Dow Inc. posted 0.86/share EPS, while the average EPS was predicted by analysts to be reported at 0.84/share.When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 2.40%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for DOW. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Dow Inc. go to -0.96%.
An analysis of insider ownership at Dow Inc. [DOW]
There are presently around $21,547 million, or 67.10% of DOW stock, in the hands of institutional investors. The top three institutional holders of DOW stocks are: VANGUARD GROUP INC with ownership of 62,042,964, which is approximately 2.58% of the company’s market cap and around 0.10% of the total institutional ownership; BLACKROCK INC., holding 45,579,405 shares of the stock with an approximate value of $2.0 billion in DOW stocks shares; and CAPITAL INTERNATIONAL INVESTORS, currently with $1.72 billion in DOW stock with ownership of nearly 4.727% of the company’s market capitalization.
Positions in Dow Inc. stocks held by institutional investors increased at the end of April and at the time of the April reporting period, where 505 institutional holders increased their position in Dow Inc. [NYSE:DOW] by around 40,705,161 shares. Additionally, 787 investors decreased positions by around 65,619,455 shares, while 123 investors held positions by with 383,709,407 shares. The mentioned changes placed institutional holdings at 490,034,023 shares, according to the latest SEC report filing. DOW stock had 101 new institutional investments in for a total of 14,987,048 shares, while 304 institutional investors sold positions of 6,823,588 shares during the same period.