Dow Chemical (NYSE:DWDP) – Equities research analysts at SunTrust Banks increased their Q1 2018 earnings per share (EPS) estimates for shares of Dow Chemical in a research report issued on Thursday, April 12th. SunTrust Banks analyst J. Sheehan now forecasts that the company will post earnings of $1.18 per share for the quarter, up from their previous forecast of $1.17. SunTrust Banks also issued estimates for Dow Chemical’s Q2 2018 earnings at $1.27 EPS, Q3 2018 earnings at $0.74 EPS and Q4 2018 earnings at $0.98 EPS.

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Dow Chemical (NYSE:DWDP) last posted its earnings results on Thursday, February 1st. The company reported $0.83 earnings per share for the quarter, beating analysts’ consensus estimates of $0.67 by $0.16. Dow Chemical had a return on equity of 8.21% and a net margin of 2.34%. The company had revenue of $20.07 billion for the quarter, compared to the consensus estimate of $19.46 billion. The business’s quarterly revenue was up 54.1% on a year-over-year basis.

A number of other research firms also recently weighed in on DWDP. Barclays raised Dow Chemical from an “underweight” rating to an “equal weight” rating in a report on Wednesday, January 31st. Zacks Investment Research raised Dow Chemical from a “hold” rating to a “buy” rating and set a $85.00 target price on the stock in a report on Tuesday, January 30th. Nomura increased their target price on Dow Chemical from $83.00 to $84.00 and gave the company a “buy” rating in a report on Friday, February 2nd. ValuEngine raised Dow Chemical from a “hold” rating to a “buy” rating in a report on Sunday, December 31st. Finally, Jefferies Group reissued a “buy” rating and issued a $85.00 target price on shares of Dow Chemical in a report on Friday, February 2nd. Six analysts have rated the stock with a hold rating and twenty-two have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of $81.23.

DWDP stock opened at $67.01 on Monday. Dow Chemical has a fifty-two week low of $59.29 and a fifty-two week high of $77.08. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.26 and a current ratio of 1.91. The stock has a market capitalization of $154,111.44, a price-to-earnings ratio of 19.71, a PEG ratio of 1.68 and a beta of 1.31.

In related news, General Counsel Charles J. Kalil sold 69,400 shares of the stock in a transaction dated Friday, February 23rd. The stock was sold at an average price of $72.66, for a total transaction of $5,042,604.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Ronald C. Edmonds sold 15,000 shares of the stock in a transaction dated Friday, March 9th. The stock was sold at an average price of $71.83, for a total value of $1,077,450.00. The disclosure for this sale can be found here. 0.42% of the stock is owned by company insiders.

Several large investors have recently added to or reduced their stakes in DWDP. Nichols & Pratt Advisers LLP MA purchased a new stake in shares of Dow Chemical during the third quarter worth about $859,000. Cutler Investment Counsel LLC purchased a new stake in shares of Dow Chemical during the third quarter worth about $10,358,000. AE Wealth Management LLC purchased a new stake in shares of Dow Chemical during the third quarter worth about $2,099,000. MRJ Capital Inc. purchased a new stake in shares of Dow Chemical during the third quarter worth about $4,480,000. Finally, Ruggie Capital Group purchased a new position in Dow Chemical during the 3rd quarter valued at approximately $183,000. Hedge funds and other institutional investors own 70.52% of the company’s stock.

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Dow Chemical Company Profile

DowDuPont Inc, through its subsidiaries, engages in agriculture, materials science, and specialty products businesses worldwide. The company's Agriculture segment develops and sells hybrid corn seed and soybean seed varieties; canola, cotton, sunflower, sorghum, wheat, and rice seeds; silage inoculants; and weed control, disease control, and insect control products.

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