A new trading day began on June 01, 2022, with Dow Inc. (NYSE: DOW) stock priced at $68.65, up 0.19% from the previous day of trading. During the day, the shares moved up to $69.788 and dropped to $67.995 before settling in for the closing price of $67.98. DOW’s price has ranged from $52.07 to $71.86 over the past 52 weeks.
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During the last 5-year period, the sales growth of Basic Materials Sector giant was 2.70%. Meanwhile, its annual earnings per share averaged 411.70%. With a float of $720.04 million, this company’s outstanding shares have now reached $734.60 million.
Let’s determine the extent of company efficiency that accounts for 35700 employees. In terms of profitability, gross margin is +18.90, operating margin of +14.35, and the pretax margin is +14.82.
Dow Inc. (DOW) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Chemicals Industry. The insider ownership of Dow Inc. is 0.10%, while institutional ownership is 66.20%. The most recent insider transaction that took place on May 04, was worth 7,151,530. In this transaction President and CFO of this company sold 104,101 shares at a rate of $68.70, taking the stock ownership to the 114,206 shares. Before that another transaction happened on Apr 26, when Company’s Director bought 400 for $67.69, making the entire transaction worth $27,075. This insider now owns 775 shares in total.
Dow Inc. (DOW) Earnings and Forecasts
In its latest quarterly report, released on 3/30/2022, the company reported earnings of $2.34 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). This company achieved a net margin of +11.42 while generating a return on equity of 41.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.99 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 411.70% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -4.82% during the next five years compared to 7.80% growth over the previous five years of trading.
Dow Inc. (NYSE: DOW) Trading Performance Indicators
Here are Dow Inc.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.10. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.83. Likewise, its price to free cash flow for the trailing twelve months is 5.93.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 9.18, a number that is poised to hit 2.16 in the next quarter and is forecasted to reach 7.56 in one year’s time.
Technical Analysis of Dow Inc. (DOW)
Looking closely at Dow Inc. (NYSE: DOW), its last 5-days average volume was 6.12 million, which is a jump from its year-to-date volume of 5.74 million. As of the previous 9 days, the stock’s Stochastic %D was 61.79%. Additionally, its Average True Range was 1.89.
During the past 100 days, Dow Inc.’s (DOW) raw stochastic average was set at 78.27%, which indicates a significant increase from 53.77% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 19.02% in the past 14 days, which was lower than the 25.93% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $66.27, while its 200-day Moving Average is $60.64. However, in the short run, Dow Inc.’s stock first resistance to watch stands at $69.27. Second resistance stands at $70.42. The third major resistance level sits at $71.06. If the price goes on to break the first support level at $67.47, it is likely to go to the next support level at $66.84. Should the price break the second support level, the third support level stands at $65.68.
Dow Inc. (NYSE: DOW) Key Stats
With a market capitalization of 48.71 billion, the company has a total of 728,102K Shares Outstanding. Currently, annual sales are 54,968 M while annual income is 6,311 M. The company’s previous quarter sales were 15,264 M while its latest quarter income was 1,569 M.
