DOW INC Shares Anticipated to Outperform in the Coming Year: Knox Daily
November 25, 2023
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DOW INC ($NYSE:DOW), a global chemical and plastics manufacturing giant, is anticipated to outperform the market in the upcoming year according to a report released by Knox Daily. Over the past several years, DOW Inc. has made a number of strategic investments, focusing on areas such as research and development in order to stay ahead of the competition.
In addition, it has taken steps to ensure that it is well positioned to benefit from emerging trends in the broader economy. The recent report from Knox Daily cites multiple factors that suggest that DOW stock is set to outperform the market in the upcoming year. In particular, they point to DOW’s strong financial performance over the past several years, its successful strategic investments, and its ability to quickly adapt to changing trends. Furthermore, the report also suggests that the company is well positioned to benefit from global economic growth, as well as the potential for increasing demand for their products as a result of recent technological advancements. Overall, these factors point to DOW Inc. being an excellent investment option in the upcoming year.
Share Price
Friday marked an impressive upswing for DOW INC as its stock opened at $51.6 in the morning and closed at $51.7, marking a gain of 0.5% from its previous closing price of 51.4. Analysts cite recent successes of the company, such as their manufacturing and production efficiencies, as drivers of their current performance and potential future success. With their strong financial standing and stocks, DOW INC appears to be in good stead for the upcoming year. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Dow Inc. More…
| Total Revenues | Net Income | Net Margin |
| 45.86k | 1.32k | 4.0% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Dow Inc. More…
| Operations | Investing | Financing |
| 5.62k | -3.48k | -1.25k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Dow Inc. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 58.29k | 38.21k | 27.9 |
Key Ratios Snapshot
Some of the financial key ratios for Dow Inc are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 6.4% | -3.3% | 5.7% |
| FCF Margin | ROE | ROA |
| 6.8% | 8.2% | 2.8% |
Analysis
Our star chart shows that DOW INC is strong in assets, and medium in profitability and dividend, and weak in growth. Moreover, DOW INC has a high health score of 7/10 with regard to its cashflows and debt, indicating that it is capable to safely ride out any crisis without the risk of bankruptcy. We classify DOW INC as an ‘elephant’, a type of company that is rich in assets after deducting off liabilities. Investors that may be interested in such a company are those that are looking for a stable investment that yields an income while maintaining a certain degree of safety. DOW INC has a strong asset base with medium profitability, as well as a high health score which shows that it can withstand any potential crisis. As such, it may be attractive to investors who are looking for a secure investment with a steady return. More…
Peers
In the world of petrochemical manufacturing, Dow Inc. is one of the big players. The company competes against other large manufacturers such as LyondellBasell Industries NV, Westlake Corp, and Huntsman Corp. While each company has its own strengths and weaknesses, Dow Inc. has been able to stay ahead of the competition and maintain a position as one of the leading manufacturers in the industry.
– LyondellBasell Industries NV ($NYSE:LYB)
LyondellBasell Industries is a large, publicly traded chemical company with operations in over 20 countries. The company produces a wide range of chemicals and plastics, including ethylene, propylene, and polyethylene. LyondellBasell is one of the world’s largest producers of these materials.
The company has a market capitalization of over $25 billion and a return on equity of over 35%. LyondellBasell is a publicly traded company on the New York Stock Exchange under the ticker symbol LYB.
– Westlake Corp ($NYSE:WLK)
Westlake Corp is a publicly traded company with a market capitalization of $11.86 billion as of 2022. The company has a return on equity of 27.65%. Westlake Corp is engaged in the business of manufacturing and marketing of chemicals, plastics, and rubber products. The company has operations in North America, Europe, Asia, and South America.
– Huntsman Corp ($NYSE:HUN)
The company, Huntsman Corporation, is a publicly traded company with a market capitalization of 5.28 billion as of 2022. The company has a return on equity of 24.15%. Huntsman Corporation is a chemical company that manufactures and sells differentiated chemicals. The company operates in four segments: Polyurethanes, Performance Products, Advanced Materials, and Textile Effects. The company was founded in 1970 and is headquartered in The Woodlands, Texas.
Summary
Analysts are primarily citing the company’s well diversified portfolio of businesses and strong balance sheet as a major factor for potential outperformance. DOW’s strong cash position, low relative debt levels, and ability to generate significant free cash flows provide a solid base for future growth. Additionally, the company is well positioned in multiple markets and has unique resources to capitalize on attractive opportunities. Moreover, favorable macroeconomic conditions and the company’s strong market presence are other factors that should drive its success in the near future.
