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NYSE:DOW

DOW (DOW) Stock Price, News & Analysis

$52.79
+0.56 (+1.07%)
(As of 07/8/2024 ET)
Today's Range
$52.36
$52.95
50-Day Range
$52.23
$59.65
52-Week Range
$47.26
$60.69
Volume
3.89 million shs
Average Volume
4.80 million shs
Market Capitalization
$37.12 billion
P/E Ratio
31.42
Dividend Yield
5.30%
Price Target
$59.18

DOW MarketRank™ Stock Analysis

Analyst Rating
Hold
2.29 Rating Score
Upside/​Downside
12.1% Upside
$59.18 Price Target
Short Interest
Healthy
1.70% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.31mentions of DOW in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
47.30%
From $2.96 to $4.36 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.30 out of 5 stars

Basic Materials Sector

31st out of 169 stocks

Plastics Materials & Resins Industry

5th out of 11 stocks

DOW stock logo

About DOW Stock (NYSE:DOW)

Dow Inc. is a global leader in manufacturing and distributing specialty chemicals, advanced materials, and plastics. Founded in 1897 by chemist Herbert Henry Dow and headquartered in Midland, Michigan, the company operates in more than 160 countries, with approximately 37,000 employees worldwide. The company's mission is to use science and technology to create innovative solutions that help address some of the world's most pressing challenges, such as sustainable energy, water conservation, and food security.

Dow's products and services include industrial and consumer chemicals, packaging materials, and agricultural products. The company's key customers include automotive, construction, electronics, food manufacturers, governments, non-profit organizations, and individual consumers.

Over the years, Dow has received numerous awards and recognitions for its leadership in sustainability, including being named to the Dow Jones Sustainability World Index for 20 consecutive years. 

Dow's leadership team comprises experienced executives with diverse backgrounds and expertise. Jim Fitterling serves as the company's Chairman and Chief Executive Officer, having previously held senior leadership roles at Dow since 1984.

Dow has reported a revenue increase over the past several years. The company's net income for the past few years has also increased. Dow's gross margins are around 20%. Dow's debt levels have slowly decreased over the past few years, indicating its efforts to reduce its debt load actively. However, the company does have ample assets to handle the debt. The company's price-to-earnings and price-to-book ratio are lower than the industry average. Factors driving Dow's valuation include the company's strong brand recognition, diversified product portfolio, and focus on innovation and sustainability. Dow's stock performance has been relatively volatile over the past few years. This volatility is partly due to missed earnings expectations and falling profit numbers. Despite some of the seemingly negative valuation metrics, it is important to note that over the past approximately three years, shares of Dow are up around 115%. 

Dow Inc. operates in the basic materials industry, which includes companies involved in the exploration, production, and processing of raw materials such as metals, chemicals, and minerals. The basic materials industry is cyclical and heavily influenced by global economic conditions. Dow Inc. operates in several segments of the basic materials industry, including chemicals, performance materials, packaging, and specialty plastics. The chemical segment produces and sells a wide range of chemical products, including coatings, adhesives, and solvents. The performance materials segment manufactures and markets high-performance materials used in various industries, including transportation and infrastructure. The packaging and specialty plastics segment produces and sells different plastic products, including packaging materials and films.

The basic materials industry is highly competitive, and Dow Inc. competes with several other major companies, including BASF SE, ExxonMobil Corporation, and Royal Dutch Shell plc. The industry is also subject to various regulatory and political risks, such as changes in environmental regulations, trade policies, and tax policies.

Dow Inc. is well-positioned within the industry due to its strong portfolio of products and its global reach. The company's scale and diversification also provide a degree of resilience against economic downturns and other external shocks.

Dow Inc. has several growth opportunities that it is pursuing to drive future revenue and earnings growth. One of the key growth opportunities for the company is its focus on sustainability and circular economy initiatives. The company invests in research and development to create more sustainable products and reduce its carbon footprint. 

Another growth opportunity for the company is its focus on high-growth markets, particularly in Asia. Dow Inc. is expanding its presence in Asia through partnerships and joint ventures, and the company has made significant investments in the region to support this growth.

Dow Inc. is also pursuing growth through acquisitions. In 2021, the company acquired ExxonMobil's polyolefin assets, which will enhance the company's position in the packaging and specialty plastics segment. The company has also announced plans to purchase silicone product-related companies, expanding its presence in the high-growth silicone market.

Dow Inc. faces several risks and challenges that could impact its future performance. One of the key risks for the company is the impact of global economic conditions on demand for its products. The basic materials industry is cyclical, and a global economic downturn could negatively impact the company's revenue and earnings.

The company also faces risks related to environmental and regulatory factors. Changes in environmental regulations, particularly related to the use of plastics, could impact demand for the company's products. The company is also subject to trade policies and tariffs, which could affect its global supply chain and increase costs.

Dow Inc. faces risks related to its ongoing transformation initiatives. The company is undergoing a significant transformation, including restructuring its business and investing in new technologies and products. The success of these initiatives is not guaranteed, and the company may need help executing its strategy.

DOW Stock Price History

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Company Calendar

Last Earnings
4/25/2024
Ex-Dividend for 6/14 Dividend
5/31/2024
Dividend Payable
6/14/2024
Today
7/09/2024
Next Earnings (Confirmed)
7/25/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Plastics materials & resins
Sub-Industry
Diversified Chemicals
CUSIP
26054310
Employees
35,900
Year Founded
1897

Price Target and Rating

Average Stock Price Target
$59.18
High Stock Price Target
$68.00
Low Stock Price Target
$52.00
Potential Upside/Downside
+12.1%
Consensus Rating
Hold
Rating Score (0-4)
2.29
Research Coverage
14 Analysts

Profitability

Net Income
$589 million
Pretax Margin
2.81%

Debt

Sales & Book Value

Annual Sales
$44.62 billion
Cash Flow
$6.07 per share
Book Value
$27.24 per share

Miscellaneous

Free Float
699,690,000
Market Cap
$37.12 billion
Optionable
Optionable
Beta
1.25

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Key Executives

  • Mr. James R. FitterlingMr. James R. Fitterling (Age 62)
    Chairman & CEO
    Comp: $5.26M
  • Mr. Jeffrey L. Tate (Age 54)
    Chief Financial Officer
    Comp: $1.09M
  • Mr. John Maurice Sampson (Age 63)
    Senior Vice President of Operations, Manufacturing & Engineering
    Comp: $1.6M
  • Dr. Attiganal Narayanaswam Sreeram (Age 56)
    Senior VP of Research & Development and CTO
    Comp: $1.93M
  • Ms. Amy E. Wilson (Age 53)
    General Counsel & Corporate Secretary
    Comp: $1.84M
  • Ms. Melanie Kalmar
    Corporate VP, Chief Information Officer & Chief Digital Officer
  • Mr. Pankaj Gupta
    Vice President of Investor Relations
  • Ms. Lauren James
    Senior Vice President of Corporate Development
  • Ms. Lisa Bryant (Age 48)
    Chief Human Resources Officer
  • Ms. Karen S. Carter (Age 52)
    President of Packaging & Specialty Plastics
    Comp: $1.59M

Should I Buy DOW Stock? DOW Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Dow Inc.:

  • Dow Inc. provides various materials science solutions for packaging, infrastructure, mobility, and consumer applications globally, offering diversified revenue streams.
  • The company operates in multiple regions, including the United States, Canada, Europe, Asia Pacific, and Latin America, providing geographic diversification.
  • Recent developments in the company's operations indicate a focus on innovation and adapting to changing market demands, potentially leading to future growth.
  • With a strong presence in the materials sector, Dow Inc. may benefit from increasing demand for sustainable and eco-friendly products, aligning with current market trends.
  • Considering the current stock price of Dow Inc., which is reflective of market sentiment and company performance, investors may find potential value in the stock.

Cons

Investors should be bearish about investing in Dow Inc. for these reasons:

  • Downer EDI Limited, not Dow Inc., operates as an integrated facilities management services provider in Australia and New Zealand, potentially causing confusion for investors looking for information specifically on Dow Inc.
  • While Dow Inc. operates in various regions, global economic uncertainties and geopolitical risks could impact the company's performance and growth prospects.
  • Despite recent developments, the materials science industry is highly competitive, with potential challenges in maintaining market share and profitability over the long term.
  • Investors should carefully assess the risks associated with investing in Dow Inc., including industry-specific factors and market volatility that could affect stock performance.
  • It is essential for investors to conduct thorough research and analysis before making investment decisions in Dow Inc. to mitigate potential risks and maximize returns.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, June 30, 2024. Please send any questions or comments about these DOW pros and cons to contact@marketbeat.com.

DOW Stock Analysis - Frequently Asked Questions

How have DOW shares performed this year?

DOW's stock was trading at $54.84 at the beginning of the year. Since then, DOW shares have decreased by 3.7% and is now trading at $52.79.
View the best growth stocks for 2024 here
.

How were DOW's earnings last quarter?

Dow Inc. (NYSE:DOW) announced its earnings results on Thursday, April, 25th. The basic materials company reported $0.56 earnings per share for the quarter, beating the consensus estimate of $0.45 by $0.11. The business's revenue was down 9.2% on a year-over-year basis.
Read the conference call transcript
.

What is Jim Fitterling's approval rating as DOW's CEO?

242 employees have rated DOW Chief Executive Officer Jim Fitterling on Glassdoor.com. Jim Fitterling has an approval rating of 83% among the company's employees.

Does DOW have any subsidiaries?

DOW subsidiaries include these companies: Univation Technologies, Coodetec, NuvoSun, Clean Filtration Technology, Rohm and Haas, Wolff Walsrode, Ascot, and others.

Who are DOW's major shareholders?

Top institutional investors of DOW include Confluence Investment Management LLC (0.24%), Massmutual Trust Co. FSB ADV (0.03%), DNB Asset Management AS (0.02%) and Park Place Capital Corp. Insiders that own company stock include Howard I Ungerleider, Richard K Davis, Debra L Dial and James R Fitterling.
View institutional ownership trends
.

How do I buy shares of DOW?

Shares of DOW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of DOW own?

Based on aggregate information from My MarketBeat watchlists, some other companies that DOW investors own include AT&T (T), Cisco Systems (CSCO), AbbVie (ABBV), Johnson & Johnson (JNJ), Pfizer (PFE), Intel (INTC) and Walt Disney (DIS).

This page (NYSE:DOW) was last updated on 7/9/2024 by MarketBeat.com Staff

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