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After finishing at $44.38 in the prior trading day, Dow Inc (NYSE: DOW) closed at $43.87, down -1.15%. In other words, the price has decreased by -$1.15 from its previous closing price. On the day, 9.48 million shares were traded. DOW stock price reached its highest trading level at $44.49 during the session, while it also had its lowest trading level at $43.79.
Ratios:
Our goal is to gain a better understanding of DOW by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.17 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 37.00. For the most recent quarter (mrq), Quick Ratio is recorded 1.04 and its Current Ratio is at 1.66. In the meantime, Its Debt-to-Equity ratio is 0.98 whereas as Long-Term Debt/Eq ratio is at 0.94.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, JP Morgan on April 26, 2024, Upgraded its rating to Overweight and sets its target price to $61 from $55 previously.
BofA Securities Upgraded its Neutral to Buy on January 16, 2024, whereas the target price for the stock was revised from $57 to $60.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DOW now has a Market Capitalization of 30713036800 and an Enterprise Value of 45870022656. As of this moment, Dow’s Price-to-Earnings (P/E) ratio for their current fiscal year is 29.41, and their Forward P/E ratio for the next fiscal year is 14.15. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.24. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.71 while its Price-to-Book (P/B) ratio in mrq is 1.68. Its current Enterprise Value per Revenue stands at 1.062 whereas that against EBITDA is 9.454.
Stock Price History:
Over the past 52 weeks, DOW has reached a high of $60.69, while it has fallen to a 52-week low of $43.33. The 50-Day Moving Average of the stock is -11.61%, while the 200-Day Moving Average is calculated to be -18.61%.
Shares Statistics:
The stock has traded on average 5.61M shares per day over the past 3-months and 6416710 shares per day over the last 10 days, according to various share statistics. A total of 700.09M shares are outstanding, with a floating share count of 698.61M. Insiders hold about 0.21% of the company’s shares, while institutions hold 69.70% stake in the company. Shares short for DOW as of 1731628800 were 14925877 with a Short Ratio of 2.66, compared to 1728950400 on 16709324. Therefore, it implies a Short% of Shares Outstanding of 14925877 and a Short% of Float of 2.1300000999999997.
Dividends & Splits
In the trailing 12 months, DOW’s forward annual dividend rate was 2.8, compared to 2.80 this year. Against a Trailing Annual Dividend Yield of 0.06309148The stock’s 5-year Average Dividend Yield is 5.34.
