During the last three months, 9 analysts shared their evaluations of Dow DOW, revealing diverse outlooks from bullish to bearish.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 0 | 2 | 7 | 0 | 0 |
Last 30D | 0 | 0 | 1 | 0 | 0 |
1M Ago | 0 | 0 | 2 | 0 | 0 |
2M Ago | 0 | 2 | 3 | 0 | 0 |
3M Ago | 0 | 0 | 1 | 0 | 0 |
Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $57.67, with a high estimate of $64.00 and a low estimate of $53.00. Highlighting a 5.97% decrease, the current average has fallen from the previous average price target of $61.33.
Investigating Analyst Ratings: An Elaborate Study
An in-depth analysis of recent analyst actions unveils how financial experts perceive Dow. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Arun Viswanathan | RBC Capital | Lowers | Sector Perform | $55.00 | $57.00 |
Frank Mitsch | Fermium Research | Lowers | Hold | $54.00 | $60.00 |
David Begleiter | Deutsche Bank | Lowers | Hold | $53.00 | $57.00 |
John Roberts | Mizuho | Lowers | Neutral | $60.00 | $62.00 |
Michael Leithead | Barclays | Lowers | Equal-Weight | $58.00 | $60.00 |
Charles Neivert | Piper Sandler | Lowers | Overweight | $64.00 | $68.00 |
Arun Viswanathan | RBC Capital | Lowers | Sector Perform | $57.00 | $62.00 |
Michael Sison | Wells Fargo | Lowers | Overweight | $62.00 | $65.00 |
Joshua Spector | UBS | Lowers | Neutral | $56.00 | $61.00 |
Key Insights:
- Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Dow. This information offers a snapshot of how analysts perceive the current state of the company.
- Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Dow compared to the broader market.
- Price Targets: Delving into movements, analysts provide estimates for the future value of Dow's stock. This analysis reveals shifts in analysts' expectations over time.
For valuable insights into Dow's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
Stay up to date on Dow analyst ratings.
Delving into Dow's Background
Dow Chemical is a diversified global chemicals producer, formed in 2019 as a result of the DowDuPont merger and subsequent separations. The firm is a leading producer of several chemicals, including polyethylene, ethylene oxide, and silicone rubber. Its products have numerous applications in both consumer and industrial end markets.
Unraveling the Financial Story of Dow
Market Capitalization Highlights: Above the industry average, the company's market capitalization signifies a significant scale, indicating strong confidence and market prominence.
Negative Revenue Trend: Examining Dow's financials over 3 months reveals challenges. As of 30 June, 2024, the company experienced a decline of approximately -4.42% in revenue growth, reflecting a decrease in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Materials sector.
Net Margin: Dow's net margin is impressive, surpassing industry averages. With a net margin of 3.99%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): Dow's ROE stands out, surpassing industry averages. With an impressive ROE of 2.37%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): Dow's ROA excels beyond industry benchmarks, reaching 0.74%. This signifies efficient management of assets and strong financial health.
Debt Management: With a below-average debt-to-equity ratio of 0.97, Dow adopts a prudent financial strategy, indicating a balanced approach to debt management.
The Basics of Analyst Ratings
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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