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a day ago
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Why Dow Inc. (DOW) Outpaced the Stock Market Today
Dow Inc. (DOW) closed the most recent trading day at $29.39, moving +2.94% from the previous trading session. The stock's change was more than the S&P 500's daily gain of 0.09%. Coming into today, shares of the materials science had lost 3.15% in the past month. In that same time, the Basic Materials sector gained 4.01%, while the S&P 500 gained 7.21%. Market participants will be closely following the financial results of Dow Inc. in its upcoming release. The company's earnings per share (EPS) are projected to be $0, reflecting a 100% decrease from the same quarter last year. Meanwhile, our latest consensus estimate is calling for revenue of $10.39 billion, down 4.84% from the prior-year quarter. Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $0.42 per share and revenue of $41.71 billion. These totals would mark changes of -75.44% and -2.91%, respectively, from last year. Investors should also pay attention to any latest changes in analyst estimates for Dow Inc. These revisions help to show the ever-changing nature of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability. Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system. The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 36.12% downward. Right now, Dow Inc. possesses a Zacks Rank of #4 (Sell). Investors should also note Dow Inc.'s current valuation metrics, including its Forward P/E ratio of 68.22. Its industry sports an average Forward P/E of 14.38, so one might conclude that Dow Inc. is trading at a premium comparatively. Investors should also note that DOW has a PEG ratio of 7.8 right now. 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 Chemical - Diversified industry currently had an average PEG ratio of 1.84 as of yesterday's close. The Chemical - Diversified industry is part of the Basic Materials sector. This group has a Zacks Industry Rank of 187, putting it in the bottom 24% of all 250+ industries. The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Be sure to follow all of these stock-moving metrics, and many more, on Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Dow Inc. (DOW) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
27-05-2025
- Business
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Monoethylene Glycol Market to Reach USD 36.87 Billion by 2032
Rising demand for polyester-based apparel and eco-friendly coolants, coupled with advancements in MEG production technologies, is fueling robust monoethylene glycol market growth. Austin, May 27, 2025 (GLOBE NEWSWIRE) -- The Monoethylene Glycol Market Size was valued at USD 26.78 billion in 2024 and is expected to reach USD 36.87 billion by 2032, growing at a CAGR of 5.96% over the forecast period of 2025-2032. Download PDF Sample of Monoethylene Glycol Market @ Expanding Applications and Sustainable Innovations Propel Growth in Key Industrial Glycol Market The monoethylene glycol (MEG) market is expanding fast with its use in the production of PET for packaging and fibres. Increasing customer preference for environmentally-friendly packaging and lightweight textile fibers from around the world over, has boosted its demand. EIA data indicates that ethylene production will grow by 4.5% over the period 2022-2023, underpinning more production capacity for MEG. Industry heavyweights Dow Inc. and LyondellBasell are among those who say they are ramping up production to support this growth in demand. Besides industrial applications, MEG derivatives are increasingly used in personal care and cosmetics, indicating increased public awareness. Additionally, government backing in Europe and North America, describing recycling and bio-based raw materials, should further propel growth through 2032. The US Monoethylene Glycol Market Size was valued at USD 1.04 billion in 2023, projected to reach USD 1.44 billion by 2032, growing at a CAGR of 4.19% over the forecast period of 2024-2032. The U.S. monoethylene glycol market is witnessing a gradual growth with the increasing packaging and automobile sectors. The US Environmental Protection Agency (EPA) has promoted the use of MEG in greener packaging, and this is stimulating demand. Companies such as Shell Chemical have stepped up production in order to meet demand at home, a sign of the market's strength despite shifts in the supply chain. Key Players: SABIC Dow Inc. LyondellBasell Industries India Glycols Limited Reliance Industries Limited Shell Chemicals MEGlobal BASF SE Huntsman Corporation ExxonMobil Chemical Monoethylene Glycol Market Report Scope: Report Attributes Details Market Size in 2024 USD 26.78 Billion Market Size by 2032 USD 36.87 Billion CAGR CAGR of 5.96% From 2025 to 2032 Base Year 2024 Forecast Period 2025-2032 Historical Data 2021-2023 Report Scope & Coverage Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook Key Segments • By Grade (Parts per trillion (ppt), Parts per billion (ppb))• By Application (Semiconductors, PCB Panels, Pharmaceuticals) Key Drivers • Growth of PET packaging for food and beverages drives the market growth. If You Need Any Customization on Monoethylene Glycol Market Report, Inquire Now @ Evolving Supply Chain Dynamics and Raw Material Cost Trends Shaping the Monoethylene Glycol Market Fluctuations in crude oil and natural gas prices directly impact the cost of ethylene, a primary raw material for Monoethylene Glycol production. Disruptions in global logistics and shipping, including container shortages and port delays, have caused intermittent supply chain bottlenecks affecting MEG availability. Increased investments in shale gas extraction, particularly in North America, have lowered ethylene feedstock costs, improving MEG production margins. Growing emphasis on sourcing bio-based ethylene as a sustainable alternative is influencing raw material pricing and supply chain diversification strategies. Trade policies and tariffs between major producing and consuming countries, such as the US, China, and Europe, continue to affect import-export costs and MEG market pricing dynamics. By Application, the PET Segment Dominated the Monoethylene Glycol Market in 2023 with a 68% Market Share This growth is led by the increasing use of PET bottles and packaging materials in the food and beverage industry and the growing tendency of consumers towards lightweight, recyclable packaging materials. Powerful packaging groups Amcor and Ball Corporation have ramped up their use of PET, fueling demand for MEG. Moreover, the use of PET fibers for durable, versatile fabrics by the textile industry also contributes to the continued strength in the PET resin market. Demand for PET recycling Despite the continuous sustainability campaigns on recycling PET products, it is anticipated that growth in this segment market will continue throughout the entire 2022. By End-use Industry, Textile Dominated the Monoethylene Glycol Market in 2023 with a 42% Market Share MEG is a key raw material for polyester fibers, which are in turn used in making textiles around the world. The growing demand for polyester apparel and home textiles, with technological advancements in moisture-wicking and durable fabrics, has contributed to the growth of this segment. Companies such as Invista and Toray have indicated increased polyester fiber production in North America and Asia, highlighting the integral part MEG plays in the value chain. The wear is also supported by growing clothing consumption in developing countries and growing investment in technical textiles. Asia Pacific dominated the Monoethylene Glycol Market in 2023, Holding a 42% Market Share The region's leadership is a result of fast-paced industrialization, increasing textile manufacturing hubs in China and India, and surging packaging demand. The growing downstream sector, along with chemicals capacity expansion, backed by favorable government schemes, makes Asia Pacific the leading MEG consumer. For instance, Reliance Industries' large-scale MEG increases in capacity in India, as well as the further increase in polyester fiber output in China, emphasize the market domination in this part of the world. Other than this, increased bio-based MEG project investments are scaling up the sustainable growth in the region. North America Emerged as the Fastest Growing Region in the Monoethylene Glycol Market with A Significant Growth Rate in The Forecast Period This increase is influenced by growing demand from the packaging and automotive industries for eco-friendly and light weight materials. US government support for bio-based chemical production and the increasing importance of shale gas ethylene feedstock will give cost benefit. Companies including Dow and LyondellBasell are committed to making capacity expansions and technology upgrades to serve to growing demand. Additionally, increasing eco-friendly antifreeze formulations and burgeoning polyester textile output in the region are boosting the market growth. Recent Developments October 2024: Sustainea and Primient planned a $400M Bio-MEG plant in Indiana, boosting sustainable MEG production and local employment by 2028. June 2024: Technip Energies acquired Shell's glycol purification tech to advance bio-based MEG production, aiming for commercial launch by Full Research Report on Monoethylene Glycol Market 2025-2032 @ Table of Contents – Major Key Points 1. Introduction 2. Executive Summary 3. Research Methodology 4. Market Dynamics Impact Analysis 5. Statistical Insights and Trends Reporting 6. Competitive Landscape 7. Monoethylene Glycol Market Segmentation, By Application 8. Monoethylene Glycol Market Segmentation, By End User Industry 9. Regional Analysis 10. Company Profiles 11. Use Cases and Best Practice 12. Conclusion Read Our Trending Reports: Europe Propylene Glycol Market Size and Emerging Trends (2024-2032) North America Holds 35% Share in Polyethylene Glycol Market with Expected CAGR of 6.3% Driven by Cosmetics and Pharmaceutical Growth North America Leads Bio-Based Propylene Glycol Market with 34.1% Share Driven by Sustainable Product Demand and Automotive Industry Growth About Us: SNS Insider is one of the leading market research and consulting agencies that dominates the market research industry globally. Our company's aim is to give clients the knowledge they require in order to function in changing circumstances. In order to give you current, accurate market data, consumer insights, and opinions so that you can make decisions with confidence, we employ a variety of techniques, including surveys, video talks, and focus groups around the world. CONTACT: Jagney Dave - Vice President of Client Engagement Phone: +1-315 636 4242 (US) | +44- 20 3290 5010 (UK)Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
08-05-2025
- Business
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There May Be Reason For Hope In Dow's (NYSE:DOW) Disappointing Earnings
Shareholders appeared unconcerned with Dow Inc.'s (NYSE:DOW) lackluster earnings report last week. We did some digging, and we believe the earnings are stronger than they seem. We've discovered 4 warning signs about Dow. View them for free. Importantly, our data indicates that Dow's profit was reduced by US$317m, due to unusual items, over the last year. It's never great to see unusual items costing the company profits, but on the upside, things might improve sooner rather than later. We looked at thousands of listed companies and found that unusual items are very often one-off in nature. And, after all, that's exactly what the accounting terminology implies. If Dow doesn't see those unusual expenses repeat, then all else being equal we'd expect its profit to increase over the coming year. That might leave you wondering what analysts are forecasting in terms of future profitability. Luckily, you can click here to see an interactive graph depicting future profitability, based on their estimates. Unusual items (expenses) detracted from Dow's earnings over the last year, but we might see an improvement next year. Based on this observation, we consider it likely that Dow's statutory profit actually understates its earnings potential! Unfortunately, though, its earnings per share actually fell back over the last year. At the end of the day, it's essential to consider more than just the factors above, if you want to understand the company properly. So if you'd like to dive deeper into this stock, it's crucial to consider any risks it's facing. Case in point: We've spotted 4 warning signs for Dow you should be mindful of and 2 of them are significant. Today we've zoomed in on a single data point to better understand the nature of Dow's profit. But there is always more to discover if you are capable of focussing your mind on minutiae. Some people consider a high return on equity to be a good sign of a quality business. While it might take a little research on your behalf, you may find this free collection of companies boasting high return on equity, or this list of stocks with significant insider holdings to be useful. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
24-04-2025
- Business
- Yahoo
Dow (NYSE:DOW) Reports Q1 Sales Drop To US$10 Billion With US$307 Million Net Loss
Dow Inc. (NYSE:DOW) reported a challenging first quarter of 2025, showing a decline in sales and a net loss, contrasting sharply with last year's profit. Despite these announcements, the company experienced a 6% price surge over the last week. This movement aligns closely with broader market gains, where the Dow Jones Industrial Average added 1%. The general upswing was driven by positive investor sentiment amid earnings reports and potential tariff rollbacks. While Dow's results reflected a financial downturn, the positive broader market environment likely contributed weight to the stock's recent upward price trend. You should learn about the 2 warning signs we've spotted with Dow. Diversify your portfolio with solid dividend payers offering reliable income streams to weather potential market turbulence. The recent announcement of Dow Inc.'s challenging first quarter results with declining sales and a net loss contrasts with its 6% share price spike over the past week. Over the past five years, the company's total return, including share price and dividends, was 0.76%. This indicates a relatively stagnant long-term performance, despite the recent short-term uplift. In contrast, Dow underperformed when compared to the broader US market return of 5.9% over the past year and did not outperform the broader Chemicals industry, which saw a decline of 9.9%. The recent asset sale highlights opportunities to bolster financial flexibility, potentially enhancing revenue and earnings forecasts. Analysts have projected a steady 2.4% annual revenue growth and a significant increase in profit margins over the next few years. This approach, combined with cost-cutting measures and investments in projects like Path2Zero, aims to strengthen Dow's competitiveness and operational efficiency. With a current share price of US$29 relative to the US$39.51 consensus price target, the stock trades at around a 26.6% discount to this target. The emphasis on operating at higher capacities and realizing significant cash proceeds from asset sales may improve market sentiment, addressing revenue growth challenges and supporting strategic goals for long-term value creation. This aligns with analysts' expectations of future growth, although potential macroeconomic headwinds and geopolitical uncertainties remain significant considerations. The analysis detailed in our Dow valuation report hints at an deflated share price compared to its estimated value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NYSE:DOW. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
Yahoo
30-01-2025
- Business
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Material sciences company Dow posts Q4 loss, says it's cutting 1,500 jobs, 4% of workforce
Dow Inc.'s fourth-quarter profits came in well below Wall Street expectations and the material sciences company said Thursday that it is slashing 1,500 jobs globally in an effort to cut costs as sales stagnate. The layoffs amount to about 4% of Dow's workforce, according to data firm FactSet. Dow said the staff reductions are part of a broader plan to cut $1 billion in costs, citing 'persistently weak macroeconomic conditions.' Shares of Midland, Michigan-based Dow tumbled nearly 8% in morning trading. Dow posted a loss of $35 million in the fourth quarter. Adjusted for one-time expenses, per-share profits in the period were zero. That's down from last year's earnings of 43 cents per share and well short of the 24 cents-per-share profit that analysts were expecting. For the full year, Dow recorded profits of $1.71 per share, down from 2023's $2.24. Sales in the quarter and year also fell from a year ago, dragged down by its packaging and specialty plastics business, which accounts for more than half of the company's revenue. Dow said that sales in its largest segment fell 6% in the fourth quarter and for the full year. Total sales for the quarter fell close to 2%, while full year 2024 sales fell 3.6% to $43 billion, down from $44.6 billion in 2023. Regarding the restructuring, Dow expects to post charges in the first quarter totaling $250 million to $325 million for severance and other related costs 'While these decisions are difficult, we must continue to take proactive actions to reduce costs while we navigate through this ongoing slower-than-expected macroeconomic recovery,' said Dow CEO Jim Fitterling. Almost two years ago to the day, Dow announced that it was cutting 2,000 jobs — 5% of its workforce — in an effort to reach $1 billion in savings. Sign in to access your portfolio
