Dow Inc. stock rose slightly but underperformed market, upcoming earnings show decline

From Nasdaq: 2024-12-24 18:15:07

In the latest trading session, Dow Inc. (DOW) closed at $40.09, up 0.3% from the previous day but below the S&P 500’s 1.1% gain. Over the past month, the stock fell 12.86%, underperforming the Basic Materials sector’s 9.25% loss and the S&P 500’s 0.22% gain.

Investors are eagerly awaiting Dow Inc.’s upcoming earnings release on January 30, 2025. Estimates project an EPS of $0.33, a 23.26% decrease from the previous year. Revenue estimates are at $10.5 billion, down 1.12% from last year, with full-year projections showing earnings of $2.05 per share and revenue of $43.14 billion.

Analysts recommend monitoring any recent adjustments in Dow Inc.’s projections, as these changes can impact stock price performance. The Zacks Rank system, which currently rates Dow Inc. as a #4 (Sell), utilizes estimate changes to provide a reliable rating system for investors.

Looking at valuation, Dow Inc. holds a Forward P/E ratio of 19.51, higher than the industry average of 15.44. The PEG ratio is 1.26, indicating expected earnings growth. The Chemical – Diversified industry, part of the Basic Materials sector, has an average PEG ratio of 1.16 and a Zacks Industry Rank of 206.

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Read more at Nasdaq: Dow Inc. (DOW) Ascends But Remains Behind Market: Some Facts to Note