Somewhat Positive News Coverage Very Likely to Affect Dow Chemical Company (The) (NYSE:DOW) Stock Price

News stories about Dow Chemical Company (The) (NYSE:DOW) have trended somewhat positive on Wednesday, Accern reports. The research firm scores the sentiment of press coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Dow Chemical Company (The) earned a daily sentiment score of 0.21 on Accern’s scale. Accern also gave headlines about the basic materials company an impact score of 82 out of 100, indicating that recent press coverage is very likely to have an effect on the stock’s share price in the next few days.

These are some of the headlines that may have impacted Accern Sentiment Analysis’s scoring:

Dow Chemical Company (DOW) opened at 65.75 on Wednesday. The firm’s 50-day moving average price is $62.86 and its 200 day moving average price is $61.64. The company has a market capitalization of $80.33 billion, a price-to-earnings ratio of 16.20 and a beta of 1.13. Dow Chemical Company has a one year low of $51.57 and a one year high of $66.48.

Dow Chemical Company (The) (NYSE:DOW) last announced its earnings results on Thursday, April 27th. The basic materials company reported $1.04 earnings per share for the quarter, beating analysts’ consensus estimates of $0.99 by $0.05. The business had revenue of $13.23 billion during the quarter, compared to analyst estimates of $12.46 billion. Dow Chemical Company (The) had a net margin of 9.77% and a return on equity of 16.65%. The company’s quarterly revenue was up 23.6% compared to the same quarter last year. During the same period in the previous year, the business earned $0.89 EPS. On average, equities research analysts expect that Dow Chemical Company will post $4.05 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Monday, October 2nd. Shareholders of record on Monday, July 31st will be paid a dividend of $0.46 per share. The ex-dividend date of this dividend is Thursday, July 27th. This represents a $1.84 dividend on an annualized basis and a yield of 2.80%. Dow Chemical Company (The)’s dividend payout ratio is presently 46.82%.

DOW has been the subject of several analyst reports. Zacks Investment Research downgraded Dow Chemical Company (The) from a “buy” rating to a “hold” rating in a research note on Thursday, April 20th. Vetr raised Dow Chemical Company (The) from a “buy” rating to a “strong-buy” rating and set a $71.22 price objective for the company in a research note on Tuesday, March 21st. Barclays PLC increased their price objective on Dow Chemical Company (The) from $65.00 to $67.00 and gave the stock an “equal weight” rating in a research note on Monday, May 1st. Citigroup Inc increased their price objective on Dow Chemical Company (The) from $73.00 to $74.00 and gave the stock a “buy” rating in a research note on Monday, May 1st. Finally, Royal Bank Of Canada reaffirmed a “buy” rating and set a $76.00 price target on shares of Dow Chemical Company (The) in a research report on Friday, April 28th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company. The stock has an average rating of “Buy” and an average price target of $69.69.

WARNING: “Somewhat Positive News Coverage Very Likely to Affect Dow Chemical Company (The) (NYSE:DOW) Stock Price” was originally published by BBNS and is the property of of BBNS. If you are viewing this story on another domain, it was stolen and reposted in violation of US and international trademark & copyright legislation. The legal version of this story can be accessed at https://baseballnewssource.com/markets/dow-chemical-company-the-dow-receiving-somewhat-favorable-media-coverage-analysis-finds-updated-updated-updated/1073106.html.

Dow Chemical Company (The) Company Profile

Insider Buying and Selling by Quarter for Dow Chemical Company (The) (NYSE:DOW)

Receive News & Ratings for Dow Chemical Company (The) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dow Chemical Company (The) and related companies with our FREE daily email newsletter.

 


Latest News

Tigers Would Include Cash in Verlander Deal and Other MLB Trade Rumors
Tigers Would Include Cash in Verlander Deal and Other MLB Trade Rumors
Todd Frazier Trade to Boston Appears to Be Decided
Todd Frazier Trade to Boston Appears to Be Decided
Chicago White Sox Continue Rebuild Without Jose Quintana
Chicago White Sox Continue Rebuild Without Jose Quintana
Mike Trout Returns from Injury With Single and Stole Base
Mike Trout Returns from Injury With Single and Stole Base
Chicago Cubs Strengthen Rotation Through Trade for Jose Quintana
Chicago Cubs Strengthen Rotation Through Trade for Jose Quintana
Players Know They Could Go From All-Star Game to Trade Block
Players Know They Could Go From All-Star Game to Trade Block


Leave a Reply

 
© 2006-2017 BBNS.