Company Update (NYSE:DOW): Chemicals – Major Diversified Stocks Review — The Dow Chemical, Huntsman, Air Products and Chemicals, and Praxair

[Accesswire] – NEW YORK, NY / ACCESSWIRE / February 1, 2016 / Park Lane Advisor has initiated coverage on the following equities: The Dow Chemical Company (NYSE: DOW), Huntsman Corporation (NYSE: HUN), Air Products and … Read more on this. The Dow Chemical Company (DOW) , valued at $48.79B, opened this morning at $41.58. Looking at the equity, the company’s one day range is $41.22 to $42.38 and has traded between $35.11 and $57.10 over the past 12 months. DOW shares are currently priced at 12.80x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry ’s 39.78x earnings multiple for the same period. The company pays shareholders $1.84 per share annually in dividends, yielding 4.38%. In a review of the consensus earnings estimate this quarter, 22 sell-side analysts are looking at $0.70 per share, which would be $0.15 worse than the year-ago quarter and a $0.00 sequential decrease. What we find to be interesting is that the full-year EPS estimate of $3.28 is a $0.17 better when compared to the previous year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $11.20 Billion. If realized, that would be a 22.11% decrease over the year-ago quarter. Recently, Citigroup downgraded DOW from Buy to Neutral (Jan 22, 2016). Previously, Bernstein Initiated DOW at to Outperform. Investors should keep in mind is that the average price target is $55.42, which is 33.29% above where the stock opened this morning. See more in (NYSE:DOW) Similar Articles: Company Update: LyondellBasell Industries NV (NYSE:LYB) – Specialty Chemicals Stocks Technical Review — Platform Specialty Products, LyondellBasell Industries, The Chemours, and Olin Company Update: The Dow Chemical Company (NYSE:DOW) – Dow Named to Top 10 Best Companies for Leaders List Company Update: The Dow Chemical Company (NYSE:DOW) – Dow Announces Start-Up of New Texas Propylene Production Facility