The Dow Chemical Company (NYSE:DOW) registered a -0.18% decrease, still its new closing price is 56.02% up from the company’s 1 year high of 61.65.It posted 6.85% gains in previous 5 sessions and is now the subject of 4 analysts who together assign a hold rating on stock. 1 of Wall Street analysts have an underperform rating; the 0 sells versus 8 buy or better ratings. The 20 stock analysts following this company have an average price target at $66.06, with individual PT in the $47.00-$76.00 range. The shares moved at $61.31, implying that brokerage firms see shares gaining about 52.79% in twelve months time.
The Dow Chemical Company (DOW) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a 7.15% rise year to date. A Director at The Dow Chemical Company (DOW) offloaded shares in a transaction closed on Tuesday November 01, 2016. BELL JAMES A sold 1,336 shares in the company at $53.8 each and collected $71,001 in proceeds. BELL JAMES A now owns 32,906 shares in the company after this transaction. A Corporate VP & Treasurer in the company, RUIZ FERNANDO, disclosed a transaction on Tuesday November 03, 2015 that ended up generating $1,047,000 from the sale of 20,000 shares at $52.35 per share.
The Dow Chemical Company (NYSE:DOW) Upcoming Results on Tap
The Dow Chemical Company will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.97 in that period. Sales during the quarter are predicted to arrive at $12.31 billion.
Earnings surprise history: Last quarter, the company posted approximately $13.02 billion in revenue and EPS of $0.99. The mean forecast was for $12.38 billion and $0.88 a share, respectively. One quarter earlier, revenue for the stock was at $12.48 billion, with earnings at $0.91/share.
The Dow Chemical Company (DOW) Brokerage Update
The Dow Chemical Company (DOW) is in UBS’s research list so their analyst rating change is noteworthy. These shares were upgraded to Buy from Neutral by UBS, according to news reported on Monday October 10, 2016.Another important research note was issued by Citigroup on Monday October 03, 2016.The firm upgraded DOW to Buy from Neutral. Over the last six months and over the last three months, the shares of The Dow Chemical Company (DOW), have changed 16.15% and 14.94%, respectively.