Dow Inc. Outperforms Market, Analysts Expect Strong Earnings Growth

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โดย Zacks Investment Research·Read original
Summary · why it matters

Dow Inc. shares rose 2.69% to $31.28 in the latest session, outpacing the S&P 500's 0.46% gain, while the Dow and Nasdaq advanced 0.56% and 0.45%, respectively. Over the past month, the stock has gained 0.43%, leading the Basic Materials sector's flat performance but lagging the S&P 500's 2% rise. For the upcoming earnings report, analysts expect Dow to post earnings of $0.78 per share, a 510.53% year-over-year increase, and revenue of $11.22 billion, up 12.52%. For the full year, the consensus estimates call for earnings of $2.42 per share and revenue of $43.31 billion, representing changes of +357.45% and +8.37%, respectively. The Zacks Consensus EPS estimate has moved 3.59% lower in the past month, and Dow currently holds a Zacks Rank #3 (Hold). The stock trades at a forward P/E of 12.6, a discount to the industry average of 17.2, and has a PEG ratio of 0.39 versus the industry's 1.22.

Impact on stocks 2

Critical Materials & Supply Chain · 2 stocks
Dow Inc
DOW
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Analysts expect strong earnings growth and stock outperforms market.