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Dow Chemical earnings rise amid merger talks

Hudson Canyon Investment Counselors LLC now owns 9,308 shares of the company’s stock worth $463,000 after buying an additional 908 shares in the last quarter.

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“Dow’s relentless and disciplined execution once again delivered another quarter of operating earnings growth and margin expansion – marking our 15th quarter in a row – through a variety of challenging geopolitical and market conditions, and outpacing our peers”, Liveris said.

Indicating how profitable The Dow Chemical Company NYSE is relative to its assets, the ROA value is displayed at 8.80%.

The company’s 2016 second quarter was affected by restructuring costs from the Dow Corning ownership restructure, which officials anticipate will add more than $1 billion of earnings before certain factors, and boost not only operating earnings per share but cash flow and free cash flow. The company has experienced volume of 6.54M shares while on average the company has a capacity of trading 7.25M shares. The company has an average rating of “Hold” and a consensus target price of $55.58.

Dow Agro sales during the quarter were $1.6 billion, down from $1.7 billion in the same period of 2015.

Dow Chemical Co (DOW) witnessed a volatile trading activity on Friday, and eventually ended flat at 0.00% or 0 points without letting the bulls or bears take much advantage. Dow Chemical Co makes up approx 0.29% of Bollard Group’s portfolio.Braver Wealth Management reduced its stake in DOW by selling 1,931 shares or 16.41% in the most recent quarter. The company’s price sits 4.14% above from its 50-day moving average of $51.68 and 8.43% above from the stock’s 200-day moving average of $49.99. The shares had gained 3.4 percent this year through Monday.

The Dow Chemical Company’s short ratio is at 2.37 and the float short is at 1.47%. The Hedge Fund company now holds 11,598 shares of DOW which is valued at $572,941. 0 analysts have suggested “Sell” for the company.

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On the company’s financial health, Dow Chemical Co reported $0.95 EPS for the quarter, beating the analyst consensus estimate by $ 0.09 according to the earnings call on Jul 28, 2016. Its weekly and monthly volatility is 1.30%, 1.55% respectively. Total debt to equity ratio of the company for most recent quarter is 0.79 whereas long term debt to equity ratio for most recent quarter is 0.75. Dow Chemical’s revenue for the quarter was down 7.4% on a year-over-year basis.

The Dow Chemical logo is displayed on a board above the floor of the New York Stock Exchange shortly after the opening bell in New York