Dow Inc. [DOW] stock is down -1.43 while the S&P 500 has fallen -0.17% on Wednesday, 11/18/20. While at the time of this article, DOW ATR is sitting at 1.94. This stock’s volatility for the past week remained at 3.36%, while it was 3.67% for the past 30-day period. DOW has fallen -$0.79 from the previous closing price of $55.30 on volume of 1.26 million shares.

On 17, November 2020, Dow and Royal Umbrella, leading Thai rice brand, collaborate to reduce carbon dioxide emissions with improved packaging. According to news published on Yahoo Finance, Dow (NYSE: DOW) recently announced its collaboration with Royal Umbrella and Prepack, Thai leading flexible packaging producer under SCG Packaging (SCGP), to reduce carbon dioxide emissions by optimizing plastic resin used in rice bags as well as reducing energy use in production. The collaboration utilizes Dow’s sustainable packaging solution INNATE™ and down-gauging technology. The new recyclable rice bags will be launched in 2021 in response to consumers’ demand for environmental-friendly packaging and to address the partners’ sustainability goals.

Analyst Birdseye View:

The most recent analyst activity for Dow Inc. [NYSE:DOW] stock was on November 13, 2020, when it was Downgrade with a Mkt perform rating from Bernstein, which also raised its 12-month price target on the stock to $57. Before that, on November 13, 2020, Deutsche Bank Recapitulated a Hold rating and elevated its amount target to $56. On September 22, 2020, Evercore ISI Initiated an In-line rating. On September 16, 2020, HSBC Securities Downgrade a Reduce rating and increased its price target to $33. On May 14, 2020, HSBC Securities Downgrade a Hold rating and increased its price target to $35. On May 06, 2020, UBS Downgrade a Neutral rating and boosted its amount target on this stock to $32. On May 04, 2020, BofA/Merrill Downgrade an Underperform rating and boosted its target amount on this stock to $37. On May 01, 2020, Credit Suisse Downgrade a Neutral rating and improved its amount target to $34.

In the past 52 weeks of trading, this stock has oscillated between a low of $21.95 and a peak of $56.28. Right now, according to Wall Street analyst the average 12-month amount target is $51.23. At the most recent market close, shares of Dow Inc. [NYSE:DOW] were valued at $54.51. According to the average price forecast, investors can expect a potential return of 2.71%.

FUNDAMENTAL ANALYSIS

Dow Inc. [NYSE:DOW] most recently reported quarterly sales of 9.71 billion, which represented growth of -9.80%. This publicly-traded organization’s revenue is $1,176,740 per employee, while its income is -$49,233 per employee. This company’s Gross Margin is currently 13.50%, its Operating Margin is -3.30%, its Pretax Margin is -2.90, and its Net Margin is -4.18. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at -2.61, -8.90, 8.88 and -4.65 respectively.

If looking now at the Principal structure of this organization, it shows its whole liability to the whole Principal at 58.59 and the whole liability to whole assets at 31.65. It shows enduring liability to the whole principal at 54.18 and enduring liability to assets at 0.29 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 54.46 points at 1st support level, the second support level is making up to 53.62. But as of 1st resistance point, this stock is sitting at 56.21 and at 57.11 for 2nd resistance point.

Dow Inc. [DOW] reported its earnings at $0.5 per share in the fiscal quarter closing of 9/29/2020. The Analysts for Wall Street were expecting to report its earnings at $0.33/share signifying the difference of 0.17 and 51.50% surprise value. Comparing the previous quarter ending of 6/29/2020, the stated earnings were -$0.26 calling estimates for -$0.3/share with the difference of 0.04 depicting the surprise of 13.30%.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for Dow Inc. [NYSE:DOW] is 1.70. Likewise, the Quick ratio is also the same, showing Cash ratio at 0.22. Now if looking for a valuation of this stock’s amount to sales ratio it’s 0.95 and it’s amount to book ratio is 3.00.

Insider Stories

The most recent insider trade was by Fitterling James R, Chief Executive Officer, and it was the purchase of 20000.0 shares on Mar 13. BUSH WESLEY G, the Director, completed a purchase of 20450.0 shares on Mar 12. On Mar 12, FETTIG JEFF M, Director, completed a purchase of 8100.0 shares.