In the latest close session, Dow Inc. (DOW) was down 2.01% at $29.70. This move lagged the S&P 500's daily gain of 0.38%. Meanwhile, the Dow gained 0.29%, and the Nasdaq, a tech-heavy index, added 0.62%.
Prior to today's trading, shares of the materials science had lost 8.04% lagged the Basic Materials sector's loss of 6.47% and the S&P 500's gain of 1.61%.
The investment community will be paying close attention to the earnings performance of Dow Inc. in its upcoming release. The company is slated to reveal its earnings on July 23, 2026. The company's upcoming EPS is projected at $1.2, signifying a 385.71% increase compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $12.01 billion, showing a 18.82% escalation compared to the year-ago quarter.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $2.78 per share and a revenue of $44.27 billion, signifying shifts of +395.74% and +10.76%, respectively, from the last year.
Any recent changes to analyst estimates for Dow Inc. should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 6.53% upward. Dow Inc. is currently sporting a Zacks Rank of #3 (Hold).
With respect to valuation, Dow Inc. is currently being traded at a Forward P/E ratio of 10.89. This expresses a discount compared to the average Forward P/E of 16.03 of its industry.
We can additionally observe that DOW currently boasts a PEG ratio of 0.2. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The average PEG ratio for the Chemical - Diversified industry stood at 1.25 at the close of the market yesterday.
The Chemical - Diversified industry is part of the Basic Materials sector. This industry, currently bearing a Zacks Industry Rank of 162, finds itself in the bottom 35% echelons of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
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This article originally published on Zacks Investment Research (zacks.com).