The Dow Chemical Company (NYSE:DOW) reported EPS of 0.91 on 12/31/2016
Jan 11 2017 by Johnny Bowman
They now have a Dollars 68 price target on the stock.
Several equities analysts recently issued reports on the stock. Citigroup Inc. upgraded Dow Chemical Company (The) from a "neutral" rating to a "buy" rating and upped their price target for the company from $55.00 to $59.00 in a research report on Monday, October 3rd. The Mean and Low price Targets are $62.41 and $47, respectively.
Dow Chemical Company (The) had its "top pick" rating reiterated by analysts at RBC Capital. Finally, TheStreet upgraded shares of Eastman Chemical from a hold rating to a buy rating in a research note on Friday, November 11th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating, eight have assigned a buy rating and two have given a strong buy rating to the company's stock. Eastman Chemical Company now has an average rating of Buy and an average target price of $78.64. Eastman Chemical Company is in the industry Chemicals - Major Diversified and sector Basic Materials. The company's last traded volume of 4.97 million shares as compared to it's an average volume of 6.84 million shares. The 52-Week High range of the stock is $59.33, while the 52-week low range is $40.26. The stock price is moving down from its 20 days moving average with -6.49% and isolated positively from 50 days moving average with 2.23%. The company has PEG ratio of 1.42 and price to cash ratio of 9.22. The company's quarterly revenue was up 3.7% compared to the same quarter a year ago.
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On Sep 16 The Dow Chemical Company (NYSE:DOW) reported its EPS in the last quarter as $0.91/Share beating the analyst estimate of $0.79/Share by the difference of $0.12.
In The Dow Chemical Company (NYSE:DOW)'s latest quarter, EPS moved to $0.91 from $0.95 in preceding quarter and revenues reached at $12,483.00M compared to $11,952.00M. Shareholders of record on Wednesday, December 28th will be issued a $0.46 dividend. The ex-dividend date of this dividend is Tuesday, December 13th.
With a current trading price of 77.29, the company has a dividend yield of 2.66%, representing a payout ratio of 31.50%. Eastman Chemical Company's dividend payout ratio is now 35.23%. The legal version of this piece can be viewed at https://www.thecerbatgem.com/2017/01/10/chemical-bank-reduces-stake-in-dow-chemical-company-the-dow.html. With the volume soaring to 1,233,271 shares, the last trade was called at $76.61. Green Valley Investors LLC's holdings in Dow Chemical Company (The) were worth $23,439,000 as of its most recent filing with the SEC. SevenBridge Financial Group LLC boosted its position in Dow Chemical Company (The) by 29.0% in the third quarter. Evercore Wealth Management LLC now owns 2,321 shares of the company's stock worth $158,000 after buying an additional 7 shares during the period. Analysts had expected The Dow Chemical Company (NYSE:DOW) to post net income of about $0.79 per share on $11,958.80M in revenue. FMR LLC now owns 21,277,852 shares of the company's stock valued at $1,057,723,000 after buying an additional 6,974,423 shares in the last quarter. Financial Architects Inc boosted its stake in Eastman Chemical Company by 8,181.8% in the second quarter. BlackRock Fund Advisors increased its position in shares of Dow Chemical Company (The) by 4.7% in the third quarter. Concert Wealth Management Inc. now owns 5,456 shares of the company's stock worth $368,000 after buying an additional 41 shares during the period. Recently the stock has been recommended as Buy from 13 and 0 suggested Sell for the stock. The Company operates through five segments: Agricultural Sciences, which consists of Crop Protection and Seeds businesses; Consumer Solutions, which consists of Consumer Care, Dow Automotive Systems and Dow Electronic Materials businesses; Infrastructure Solutions, which consists of a portfolio of businesses utilizing technology to deliver products, such as architectural and industrial coating applications, adhesives, microbial protection for the oil and gas industry, and water technologies; Performance Materials & Chemicals, which consist of Chlor-Alkali and Vinyl, Industrial Solutions and Polyurethanes businesses, and Performance Plastics, which includes Dow Elastomers, Dow Electrical and Telecommunications, Dow Packaging and Specialty Plastics, Energy and Hydrocarbons businesses.