The Dow Chemical Company (NYSE:DOW) stock is presently standing at about $63.28 and lots of equity research firms seem to have a target price set on the stock. The median one-year price target of 17 analysts covering the company is $67.00, which suggests the stock could still rise over 6 percent. The highest analyst price target is $79.00, which implies a rally of 75 percent. And a quick view of analyst notes show that 9 are rating the stock a buy while 6 rate DOW a strong buy. There are 5 equity research firms advocating a Hold and 0 consider it Sell.
UBS analysts provided their view on The Dow Chemical Company (NYSE:DOW) recently. The rating firm issued a Buy rating to this company in a research note released on Oct 10, 2016. Citigroup analysts disclosed their opinion on The Dow Chemical Company (NYSE:DOW) recently. The rating firm gave a Buy rating to this stock in a research note published on Oct 03, 2016. According to a research note disclosed on Jul 29, 2016, analysts at JP Morgan have upped their rating on these shares from Neutral to Overweight.
The Dow Chemical Company (NYSE:DOW) Transactions Roundup
Several insiders were part of recent insider activity for the stock. Its Director BELL JAMES A sold 1,336 company shares for 71880, in a transaction on 2016-11-01. Following the transaction, the Director is left with a stake of 32,906 shares, currently valued at $2082292. Meanwhile, Corporate VP & Treasurer RUIZ FERNANDO sold 20,000 shares worth $1047000, through a transaction dated 2015-11-03. Following the completion of the transaction, the insider is left with a stake of 160,821 shares, amounting $10176752.88. DOW Director SHAW RUTH G also purchased 4,154 shares, at a stock price of $48.19. This transaction occurred on 2015-02-11 totals $200180. After this transaction, the insider’s stake stands at 32,424 shares, with a market value of $2051791.
Executives hold 0.48 percent of the stock. Heinz Haller is one of the biggest insider owners in The Dow Chemical Company (NYSE:DOW), according to U.S. Securities and Exchange Commission (SEC) filings. The insider owns 741,785 shares which have current market value of around $46940154.8.Gregory M. Freiwald is another major inside shareholder in the company. The insider owns 542,766 shares as of less than 0.1%, currently worth $34346232.48. Charles J. Kalil is ranked as third insider holder of the stock. This insider holds 448,002 shares with a market value around $28349566.56 as of recent close.
The Dow Chemical Company (NYSE:DOW) Earnings Outlook
In The Dow Chemical Company (NYSE:DOW)’s latest quarter, EPS moved to $0.99 from $0.91 in preceding quarter and revenues reached at $13,020.00M compared to $12,483.00M. Analysts had expected The Dow Chemical Company (NYSE:DOW) to post net income of about $0.88 per share on $12,378.20M in revenue. Looking ahead, analysts on average predict that earnings for the current quarter would come in in the range of $0.90 to $1.07. That is compared with the $0.89 in EPS it reported during the same period a year ago.
DOW, The Dow Chemical Company, NYSE:DOW