Dow Inc [DOW] moved up 0.65: Why It’s Important

Dow Inc [NYSE: DOW] closed the trading session at $53.91. The company report on January 22, 2024 at 2:15 PM that Attracting & Developing Diverse Talent at Dow.

DOWOriginally published in Dow’s 2022 INtersections Progress Report

By focusing on improving representation across multiple dimensions of diversity, we are cultivating an innovative workplace driven by a wide range of experience, ideas and expertise. Our talent attraction, recruitment and selection processes are designed to ensure a fair process and attract the best and brightest people to Dow. Below are examples of programs and practices aimed at attracting diverse talent.

The stocks have a year to date performance of -1.70 percent and weekly performance of 1.53 percent. The stock has been moved at 2.59 percent over the last six months. The stock has performed -1.23 percent around the most recent 30 days and changed 10.04 percent over the most recent 3-months.

If compared to the average trading volume of 4.21M shares, DOW reached to a volume of 4666926 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say 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 $56.05 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 2.61. 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.

BofA Securities have made an estimate for Dow Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on January 16, 2024.

The Average True Range (ATR) for Dow Inc is set at 0.95, 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 1.93, with the Price to Cash per share for the same quarter was set at 5.72. Price to Free Cash Flow for DOW in the course of the last twelve months was 11.05 with Quick ratio for the last quarter at 1.18.

DOW stock trade performance evaluation

Dow Inc [DOW] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.53. With this latest performance, DOW shares dropped by -1.23% in over the last four-week period, additionally plugging by 2.59% over the last 6 months – not to mention a drop of -6.15% 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 53.67, with the RSI for the last a single of trading hit 54.45, and the three-weeks RSI is set at 54.05 for Dow Inc [DOW]. The present Moving Average for the last 50 days of trading for this stock 52.77, while it was recorded at 53.07 for the last single week of trading, and 52.69 for the last 200 days.

Dow Inc [DOW]: An insightful look at the core fundamentals

Dow Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.18 and a Current Ratio set at 1.79.

Earnings per share (EPS) analysis for Dow Inc [DOW] stock

With the latest financial reports released by the company, Dow Inc posted 0.46/share EPS, while the average EPS was predicted by analysts to be reported at 0.58/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -20.70%. 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 -10.72%.

Dow Inc [DOW]: Institutional Ownership

The top three institutional holders of DOW stocks are: VANGUARD GROUP INC with ownership of 1.3 billion shares, which is approximately 8.2815%. BLACKROCK INC., holding 1.03 billion shares of the stock with an approximate value of $176.59 billion in DOW stocks shares; and BERKSHIRE HATHAWAY INC, currently with $156.75 billion in DOW stock with ownership which is approximately 5.8325%.