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DowDuPont (DWDP) Dips More Than Broader Markets: What You Should Know

Highs and Lows Stock Data

DowDuPont (DWDP) closed the most recent trading day at $53.78, moving -1.05% from the previous trading session. This move lagged the S&P 500's daily loss of 0.02%. At the same time, the Dow added 0.29%, and the tech-heavy Nasdaq lost 0.39%.

Heading into today, shares of the specialty chemicals maker had lost 6.26% over the past month, lagging the Basic Materials sector's loss of 4.53% and the S&P 500's loss of 2.56% in that time.

DWDP will be looking to display strength as it nears its next earnings release, which is expected to be February 7, 2019. In that report, analysts expect DWDP to post earnings of $0.89 per share. This would mark year-over-year growth of 7.23%. Our most recent consensus estimate is calling for quarterly revenue of $21.11 billion, up 5.18% from the year-ago period.

DWDP's full-year Zacks Consensus Estimates are calling for earnings of $4.14 per share and revenue of $86.71 billion. These results would represent year-over-year changes of +21.76% and +38.78%, respectively.

Investors should also note any recent changes to analyst estimates for DWDP. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.

Based on our research, we believe these estimate revisions are directly related to near-team stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, 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 0.03% higher. DWDP is holding a Zacks Rank of #3 (Hold) right now.

Looking at its valuation, DWDP is holding a Forward P/E ratio of 13.11. Its industry sports an average Forward P/E of 11.47, so we one might conclude that DWDP is trading at a premium comparatively.

Also, we should mention that DWDP has a PEG ratio of 1.31. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Chemical - Diversified was holding an average PEG ratio of 0.99 at yesterday's closing price.

The Chemical - Diversified industry is part of the Basic Materials sector. This industry currently has a Zacks Industry Rank of 212, which puts it in the bottom 18% 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.

Make sure to utilize Zacks. Com to follow all of these stock-moving metrics, and more, in the coming trading sessions.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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