Market Update: The Dow Chemical Company (NYSE:DOW) – Dow and Ducharme Seating Join Comprehensive List of “We Built Daytona” Partners Associated with Historic DAYTONA Rising Project

[Business Wire] – Daytona International Speedway today announced that The Dow Chemical Company and Ducharme Seating have become the latest partners to join the “We Built Daytona” marketing platform as part of the $400 million DAYTONA Rising redevelopment project. Read more on this. The Dow Chemical Company (DOW) , with a current market cap of $50.84B, opened at $45.22. A quick look at the market, the company’s stock traded between $43.53 and $45.26 with a one year range of $35.11 to $57.10. Priced at 13.66x this year’s forecasted earnings, DOW shares are relatively inexpensive compared to the industry’s 30.43x forward p/e ratio. And for income investors, the company pays shareholders $1.84 per share annually in dividends, yielding 3.98%. According to a consensus of 20 analysts, the earnings estimate of $0.70 per share would be $0.15 worse than the year-ago quarter and a $0.02 sequential decrease. Furthermore, our analysis shows the full-year EPS estimate to be $3.28, which would be a $0.17 improvement when compared to the last year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $11.24 Billion. If realized, that would be a 21.84% decrease over the year-ago quarter. More recently, Bernstein Initiated DOW at Outperform (Sep 11, 2015). Previously, Deutsche Bank upgraded DOW from Hold to Buy. When considering if the stock is under or overvalued, the average price target is $57.44, which is 27.02% above where the stock opened this morning. See more in (NYSE:DOW) Similar Articles: Market Update: The Dow Chemical Company (NYSE:DOW) – Dow Delivers Progress on JV Consolidation Commitments Market Update: The Dow Chemical Company (NYSE:DOW) – Seven Dow Technologies Honored By R&D 100 Magazine Market Update: The Dow Chemical Company (NYSE:DOW) – Dow Announces Preliminary Results of Exchange Offer for Chlorine Value Chain Business