Dow Inc. [NYSE: DOW] stock went on an upward path that rose over 3.13% on Monday, amounting to a one-week price decrease of less than -0.90%.
Over the last 12 months, DOW stock rose by 0.87%. The one-year Dow Inc. stock forecast points to a potential downside of -1.78. The average equity rating for DOW stock is currently 2.70, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $35.47 billion, with 741.12 million shares outstanding and 740.16 million shares in the current float. Compared to the average trading volume of 4.46M shares, DOW stock reached a trading volume of 3991774 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on 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 $46.65 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.
Evercore ISI have made an estimate for Dow Inc. shares, keeping their opinion on the stock as In-line, with their previous recommendation back on September 22, 2020. The new note on the price target was released on September 16, 2020, representing the official price target for Dow Inc. stock. Previously, the target price had yet another raise to $35, while HSBC Securities analysts kept a Hold rating on DOW stock. On May 06, 2020, analysts decreased their price target for DOW shares from 37 to 32.
The Average True Range (ATR) for Dow Inc. is set at 1.55, with the Price to Sales ratio for DOW stock in the period of the last 12 months amounting to 0.91. The Price to Book ratio for the last quarter was 2.80, with the Price to Cash per share for the same quarter was set at 4.99. Price to Free Cash Flow for DOW in the course of the last twelve months was 5.47 with Quick ratio for the last quarter at 1.10.
DOW Stock Performance Analysis:
Dow Inc. [DOW] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.90. With this latest performance, DOW shares gained by 2.86% in over the last four-week period, additionally plugging by 65.72% over the last 6 months – not to mention a rise of 0.87% 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 51.32, with the RSI for the last a single of trading hit 47.71, and the three-weeks RSI is set at 52.65 for Dow Inc. [DOW]. The present Moving Average for the last 50 days of trading for this stock 45.58, while it was recorded at 46.89 for the last single week of trading, and 42.16 for the last 200 days.
Insight into Dow Inc. Fundamentals:
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 1.10 and a Current Ratio set at 1.70.
DOW Stock EPS
With the latest financial reports released by the company, Dow Inc. posted 0.91/share EPS, while the average EPS was predicted by analysts to be reported at 0.73/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 24.70%. 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 -10.43%.
Dow Inc. [DOW] Insider Position Details
There are presently around $23,615 million, or 67.80% of DOW stock, in the hands of institutional investors. The top three institutional holders of DOW stocks are: VANGUARD GROUP INC with ownership of 61,273,462, which is approximately -1.24% of the company’s market cap and around 0.08% of the total institutional ownership; BLACKROCK INC., holding 44,862,741 shares of the stock with an approximate value of $2.13 billion in DOW stocks shares; and CAPITAL WORLD INVESTORS, currently with $2.0 billion in DOW stock with ownership of nearly 43.697% of the company’s market capitalization.
Positions in Dow Inc. stocks held by institutional investors increased at the end of July and at the time of the July reporting period, where 482 institutional holders increased their position in Dow Inc. [NYSE:DOW] by around 42,799,087 shares. Additionally, 627 investors decreased positions by around 34,841,996 shares, while 139 investors held positions by with 419,730,957 shares. The mentioned changes placed institutional holdings at 497,372,040 shares, according to the latest SEC report filing. DOW stock had 138 new institutional investments in for a total of 2,328,838 shares, while 115 institutional investors sold positions of 6,237,121 shares during the same period.