DowDuPont closed the most recent trading day at $38.30, moving -0.05% from the previous trading session. This change lagged the S&P 500's 0.88% gain on the day. Elsewhere, the Dow gained 0.55%, while the tech-heavy Nasdaq added 1.32%.
Prior to today's trading, shares of the specialty chemicals maker had lost 28.07% over the past month. This has lagged the Basic Materials sector's gain of 4.8% and the S&P 500's gain of 3.96% in that time.
Investors will be hoping for strength from DWDP as it approaches its next earnings release, which is expected to be May 2, 2019. In that report, analysts expect DWDP to post earnings of $0.70 per share. This would mark a year-over-year decline of 37.5%. Our most recent consensus estimate is calling for quarterly revenue of $9.02 billion, down 58.05% from the year-ago period.
DWDP's full-year Zacks Consensus Estimates are calling for earnings of $2.19 per share and revenue of $40.44 billion. These results would represent year-over-year changes of -46.72% and -52.96%, respectively.
Any recent changes to analyst estimates for DWDP should also be noted by investors. 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.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 46.07% lower. DWDP is holding a Zacks Rank of #5 (Strong Sell) right now.
Investors should also note DWDP's current valuation metrics, including its Forward P/E ratio of 17.53. This represents a premium compared to its industry's average Forward P/E of 13.33.
Also, we should mention that DWDP has a PEG ratio of 1.75. 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. Chemical - Diversified stocks are, on average, holding a PEG ratio of 1.09 based on yesterday's closing prices.
The Chemical - Diversified industry is part of the Basic Materials sector. This group has a Zacks Industry Rank of 163, putting it in the bottom 37% 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.
To follow DWDP in the coming trading sessions, be sure to utilize Zacks.com.
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DowDuPont (DWDP) Stock Sinks As Market Gains: What You Should Know
DowDuPont closed the most recent trading day at $38.30, moving -0.05% from the previous trading session. This change lagged the S&P 500's 0.88% gain on the day. Elsewhere, the Dow gained 0.55%, while the tech-heavy Nasdaq added 1.32%.
Prior to today's trading, shares of the specialty chemicals maker had lost 28.07% over the past month. This has lagged the Basic Materials sector's gain of 4.8% and the S&P 500's gain of 3.96% in that time.
Investors will be hoping for strength from DWDP as it approaches its next earnings release, which is expected to be May 2, 2019. In that report, analysts expect DWDP to post earnings of $0.70 per share. This would mark a year-over-year decline of 37.5%. Our most recent consensus estimate is calling for quarterly revenue of $9.02 billion, down 58.05% from the year-ago period.
DWDP's full-year Zacks Consensus Estimates are calling for earnings of $2.19 per share and revenue of $40.44 billion. These results would represent year-over-year changes of -46.72% and -52.96%, respectively.
Any recent changes to analyst estimates for DWDP should also be noted by investors. 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.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 46.07% lower. DWDP is holding a Zacks Rank of #5 (Strong Sell) right now.
Investors should also note DWDP's current valuation metrics, including its Forward P/E ratio of 17.53. This represents a premium compared to its industry's average Forward P/E of 13.33.
Also, we should mention that DWDP has a PEG ratio of 1.75. 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. Chemical - Diversified stocks are, on average, holding a PEG ratio of 1.09 based on yesterday's closing prices.
The Chemical - Diversified industry is part of the Basic Materials sector. This group has a Zacks Industry Rank of 163, putting it in the bottom 37% 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.
To follow DWDP in the coming trading sessions, be sure to utilize Zacks.com.