Is Dow Inc (DOW) a good stock to buy now?

Dow Inc (NYSE: DOW) is -16.36% lower on its value in year-to-date trading and has touched a low of $43.33 and a high of $60.69 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The DOW stock was last observed hovering at around $45.46 in the last trading session, with the day’s gains setting it 0.41%.

Currently trading at $45.87, the stock is -1.32% and -8.98% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 9.46 million and changing 0.90% at the moment leaves the stock -15.29% off its SMA200. DOW registered -11.23% loss for a year compared to 6-month loss of -20.97%. The firm has a 50-day simple moving average (SMA 50) of $50.489 and a 200-day simple moving average (SMA200) of $54.1932.

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The stock witnessed a -7.71% gain in the last 1 month and extending the period to 3 months gives it a -14.69%, and is 3.73% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.10% over the week and 2.05% over the month.

Dow Inc (DOW) has around 35900 employees, a market worth around $32.58B and $43.18B in sales. Current P/E ratio is 30.75 and Fwd P/E is 14.58. Profit margin for the company is 2.44%. Distance from 52-week low is 5.86% and -24.42% from its 52-week high. The company has generated returns on investments over the last 12 months (2.96%).

with sales reaching $10.64B over the same period.The EPS is expected to shrink by -5.93% this year, but quarterly earnings will post -3.22% year-over-year. Quarterly sales are estimated to grow 0.20% in year-over-year returns.

Dow Inc (DOW) Top Institutional Holders

1882.0 institutions hold shares in Dow Inc (DOW), with institutional investors hold 71.11% of the company’s shares. The shares outstanding are 702.29M, and float is at 698.61M with Short Float at 2.31%. Institutions hold 70.98% of the Float.

The top institutional shareholder in the company is VANGUARD GROUP INC with over 81.86 million shares valued at $4.34 billion. The investor’s holdings represent 11.6306% of the DOW Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 51.06 million shares valued at $2.71 billion to account for 7.2475 of the shares outstanding. The other top investors are STATE STREET CORP which holds 34.5 million shares representing 4.8976% and valued at over $1.83 billion, while JPMORGAN CHASE & CO holds 2.8607 of the shares totaling 20.13 million with a market value of $1.07 billion.