From Nasdaq:

Dow Inc. (DOW) closed at $54.84, a -0.71% move from the previous day. Meanwhile, the tech-heavy Nasdaq lost 0.56%. Despite an increase of 6.72% over the last month, it didn’t keep up with the Basic Materials sector’s gain of 7.51% and outstripped the S&P 500’s gain of 5.24%.

The investment community is monitoring Dow Inc.’s upcoming earnings report on January 25, 2024, with an expected EPS of $0.40, a revenue of $10.36 billion. Analysts are optimistic, projecting a direct relationship with potential stock price performance. Currently, Dow Inc. is ranked #3 (Hold) with a Forward P/E ratio of 24.85, a premium relative to the industry’s average Forward P/E of 17.92.

The Chemical – Diversified industry, to which Dow Inc. belongs, is currently ranked 233/250, placing it in the bottom 8% of all industries in terms of performance. It’s important for investors to monitor these key valuation metrics to stay updated with performance.

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Read more: Why Dow Inc. (DOW) Dipped More Than Broader Market Today