The reported earnings topped the analyst's consensus by $0.89 with the surprise factor of 34.00%.
The Company will pay its last dividend on the Series A preferred stock on the Conversion Date for the quarter ending December 31, 2016. Nelson Roberts Investment Advisors LLC now owns 2,260 shares of the company's stock worth $112,000 after buying an additional 50 shares during the last quarter.
Dow Chemical Company (The) was upgraded to "buy" by analysts at UBS. Dow Chemical has a consensus rating of "Buy" and an average target price of $60.53. Smithfield Trust Co. raised its stake in Dow Chemical by 14.2% in the third quarter. The stock traded with the volume of 5.84 Million in the last trading session.
Aristotle Capital Management Limited Liability Company has 4.16M shares for 2.24% of their United States portfolio.
There are a handful of analysts covering the stock. Institutional investors and hedge funds own 67.74% of the company's stock. The Ohio-based Stratos Wealth Prns Ltd has invested 0.13% in Dow Chemical Co (NYSE:DOW).
The stock is now trading at Distance from 20-Day simple moving Average of 5.11% whereas, Distance from 50-Day Simple moving average is 7.33 Percent and Distance from 200-Day Simple Moving Average of 12.03 percent. The stock has a market capitalization of $61.12 billion, a price-to-earnings ratio of 7.92 and a beta of 1.40.
Dow Chemical (NYSE:DOW) last posted its earnings results on Thursday, October 27th.
In The Dow Chemical Company (NYSE:DOW)'s latest quarter, EPS moved to $0.91 from $0.95 in preceding quarter and revenues reached at $12,483.00M compared to $11,952.00M. DOW's profit will be $1.02 billion for 16.21 P/E if the $0.90 EPS becomes a reality.
Plains All American Pipeline, L.P.'s (PAA) EPS growth ratio for the past five years was -8.40% while Sales growth for the past five years was -2.20%. The company's quarterly revenue was up 3.7% compared to the same quarter previous year.
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, January 30th. Cahill Advsr has 0.25% invested in the company for 7,540 shares. 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. Dow Chemical Co (NYSE:DOW) has risen 15.43% since May 13, 2016 and is uptrending.
TRADEMARK VIOLATION WARNING: This story was first posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. (NYSE:DOW) from a sell rating to a buy rating in a research report report published on Monday morning. If you are viewing this article on another website, it was illegally copied and reposted in violation of USA and worldwide trademark & copyright law. Livingston Group Asset Management CO operating as Southport Capital Management acquired a new stake in Dow Chemical during the second quarter valued at approximately $111,000. RBC Capital Markets maintained the shares of DOW in a report on Friday, October 28 with "Top Pick" rating.
CNX is ahead its 52-week low with 328.57%and going down from its 52-week high price with -13.03%. Barclays PLC boosted their price target on Dow Chemical from $55.00 to $58.00 and gave the stock an equal weight rating in a research report on Friday, July 29th.
A number of analysts rated the stock as well: 6 analysts believe that the stock is a STRONG BUY while 9 reported it as Buy.4 analysts assigned a HOLD rating, 1 said it's UNDERPERFORM and 0 say that this stock is a SELL.